How To Actually Buy A Profitable Car For Turo

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Welcome to the Turo 100 Series!
You'll want to grab a pen and paper for this one! In this video I am going to do a DEEP dive into how you actually execute on buying the best car for your market at the best price so it is profitable for you. The mistake most people make when buying a car for Turo is not getting a good deal on it. The cost of ownership is way too high and then you end up losing money. Avoid this costly mistake by following my strategy explained int his video!
Links mentioned:
Car affordability calculator: www.nerdwallet.com/article/lo...
Car gurus price trend graph: www.cargurus.com/research/pri...
Auto loan calculator: www.nerdwallet.com/calculator...
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Turo Features
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Turo Profile
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Instagram: @saimahsexperience
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*I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.

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Опубликовано:

6 авг 2024

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Комментарии : 19

@BackyardEngineer334 Месяц назад

I don’t do Turo but as someone who’s been thru the ringer with vehicles & risen from the ashes I can give a few pieces of solid advice. 1) Never buy from a dealer 2) Don’t buy new 3) If it’s not a Honda or Toyota don’t even consider it. 4) Learn how to do maintenance & repairs on your own vehicles.

@Giggidygiggidy12 2 месяца назад

Enjoy the content but I think you could have cut it down about 10min-12min max

@jermaine7620 2 месяца назад

I love these! Gonna be purchasing my first fully for turo car in a couple days! Need help lol

@dgmcdnld 3 месяца назад

Simple answer buy the cheapest cars you can 10k and under. I have a mix of cash cars (cheap) and car loans new cars and honestly you don't get much more for the newer cars. So as I go through my cars I'm just buying 10k and under going forward.

@texasjatt7488 2 месяца назад

I got 3 financed. I have 3 approval loans and went car shopping...but the payments suck. I'm debating waiting for to buy cash or to go ahead and use these 3 loans...dbl my fleet and then I'll be able to de-leverage quicker with cash generated from revenue. I walked away from an absolute sweet deal on a sentra because they would not drop the price by even a dollar.

@dgmcdnld 2 месяца назад

@@texasjatt7488 yea its tough decision, I just had two total loss, the cash car I broke even on what I paid, the financed car I will still owe 5k on the loan.

@Midwest.. 28 дней назад

I thought the car could not be 12 years old and 130k miles max to rent 😊

@musicengineer08 2 месяца назад

How can you see the number of times it’s rented per month?

@armandolasaro2899 3 месяца назад

always love your content and InSite. thank you

@saimahsexperience 3 месяца назад

Thank you so much ☺️

@divyv20 3 месяца назад

Hey Saimah , very good video . I can do better editing in your videos which can help you to get more engagement in your videos . Pls lmk what do you think ?

@bams50 3 месяца назад

Question, I went to your Turo profile to see what cars you're currently renting and it shows NO cars. It also says you joined 9 years ago and only have done 28 trips. But you're promoting yourself as a pro? It doesn't add up. Fair question, right?

@aaron78950 3 месяца назад

She’s retired from Turo Host and the 28 trips you see are trips she’s booked as a guest

@jabariphillips8855 3 месяца назад

She’s recently retired and sold her fleet. It’s all been documented through out the years on her channel. Amazing content!

@pizza_killer5610 2 месяца назад

She is a retired pro, lol. For real tho she’s good.

@bams50 2 месяца назад

I am aware of all that. But it brings up the question of whether it’s about helping people with Turo or just selling a product. There seems to be a trend among earlier Turo renters, they were in for a few years, then they got out once they established a RU-vid presence where they could still receive clicks without the problems associated with the evolving Turo business. It’s hard not to be skeptical, you can’t help but wonder the question: if you’re still up there promoting the business, presumably because it’s a good business to be in, why are you not still in it?

@Genesiscopy1 2 месяца назад

@@bams50 I imagine scalability and opportunity cost are a factor. If she walked the walk and now she can talk the talk, and earn similar amounts if not more by sharing her experience rather than running a fleet with idk, 50 vehicles? She would be smart to transition to videos rather than continuing the process. It is not easy to put out high quality videos in a short amount of time like she is doing. This is all just a guess though.

@musicengineer08 2 месяца назад

She lost me when she said finance