July Fourth Rental Prices Hit Above $400 Per Day
Both rental car prices and demand in the first two weeks of June are up more than 70% for July Fourth weekend compared to the same dates in 2019, according to data from KAYAK. This has left many U.S. cities with car rental shortages. This year, July Fourth weekend has reached record highs with rental car prices in hot vacation spots like Kahului, Anchorage, and Jackson averaging between $306 and $436 per day. (Read More)
Carmageddon - No Rental Cars - Explained
Have you tried to rent a car for your next vacation or road trip? Good luck with that; the rental car supply can't meet the demand. Why is this happening and when will rental car companies get more vehicles? I’ll explain. By now, you’ve probably heard that we’re now living through a car rental apocalypse. The pandemic has changed the travel industry in ways we never thought possible. Air traffic is recovering, but there’s another change that none of us thought possible: It’s getting really hard to rent a car. (Read More)
Can't find a rental car? What it's like to rent from a car-sharing service
Inside the black Acura, I caught a distinct whiff of marijuana, not quite obscured by cleaning products. I thought this was interesting, because the car-sharing app I was using charges a $300 fee for smoking."Pot smell in car," I reported in the app, "and no it wasn't me." (Read More)
Turo CEO on 'incredible surge' in car rental demand ahead of July 4
Well, demand for car rentals along with their prices have soared more than 70% in June according to data out from Kayak. And we are expecting that number to go even higher heading into the holiday weekend. Some spots, by the way, Zack, fetching for more than $430 a day for a car rental. That, of course, has all created a huge boon for car-sharing company Turo. And we are joined by the CEO of Turo today, Andre Haddad. (Read More)
Carshare Academy launches Youtube Channel
The Carshare Academy was created to help aspiring, new, and growing hosts launch and grow a successful carshare business on the Turo platform. This channel will feature tips, tricks, and best practices for quickly becoming a Turo All-Star Power Host. (Subscribe Now)
Turo Vehicles Used in Series of Armed Robberies
A Houston woman is accused of renting cars that police claim were used in a series of armed robberies, according to a report by KHOU 11. One of the robberies was a home invasion that resulted in one resident dying, according to court documents. Houston police said the suspect rented seven vehicles through Turo, a carsharing mobile app. At least four of the vehicles have been linked to aggravated robberies in Houston’s Galleria area, according to court documents. (Read More)
Shark Tank Company WaiveCar Promises 'Something Magical' Soon
In an Instagram post in May 2021, the Shark Tank company teased something happening in Santa Monica, Calif., in the summer. “We've been workshopping this for 2 years,” that post reads. “Something magical is coming soon.” And in a comment on that same post, WaiveCar said it was “super excited to start the next chapter of urban mobility.” (Read More)
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Peer-to-Peer Car Rentals on Honolulu Streets Draw Attention From Tax Department, Neighbors
Complaints about tourists picking up peer-to-peer car rentals in local neighborhoods have the state Department of Taxation taking note. Department Director Isaac Choy said Hawai‘i residents should do research before making their personal vehicles available for rent through platforms like Turo. (Read More)
Hawaii tax agency boosts peer-to-peer car rental oversight
The Hawaii Department of Taxation has been boosting its monitoring of peer-to-peer car rentals. The industry operates with the help of apps like Turo, which people can use to rent their personal cars to others. The state requires Turo to pay rental car taxes, he said. The person who owns the car must pay a half-a-percent wholesale rate. (Read More)
Travelers turn to car-sharing platforms amid rental car shortages. Here's how they work.
Think of it as the Airbnb of cars. Travelers drop off their car with Avail at the airport before they fly out and have the opportunity to make money while they’re gone by sharing it with other travelers. (Read More)
New California cap-and-trade grants back electric bikes in Redding, car-sharing in Los Angeles
California today is awarding a batch of grants totaling $20 million to promote zero-emission transit in under-resourced and disadvantaged communities throughout the state. The money, from the state’s cap-and-trade fund, can be used for shared mobility projects such as carpooling, ride-on-demand services, bike sharing and scooter sharing, electric vehicle car sharing and transit services. (Read More)
Carshare Academy announces schedule of Regional Rallies for Turo Hosts
The Carshare Academy has released its schedule of Regional Rallies in major cities across the United states beginning with Raleigh, NC in August with one rally each month (except December and February) in a different Turo market. These rallies are intended to be fun learning and networking opportunities for aspiring, new, and growing hosts on the Turo platform. (Learn More)