Everybody likes passive income, right?
It's impossible to build a truly passive Turo business without the right people in the right places. In September, 2022, we created the Passive Income Ecosystem for people with cars, or capital, to build a business on the Turo platform, while letting other people do all the work.
In just six short months we’ve positioned over 100 vehicles in markets around the country, for maximum utilization, and to provide the owners with truly passive income, and guests with consistent All-Star experiences.
Who did we build this for?
We built the Passive Income Ecosystem for current Turo hosts who have vehicles that do not perform well in their markets, but would perform better in other markets.
We also built the Ecosystem for current hosts who are already dominating their own markets, are now ready to expand to other cities, and need a team on the ground to make it happen.
And finally, for investors, who have no interest in personally hosting vehicles, but want to reap the tax benefits and passive income by purchasing large numbers of vehicles to be strategically placed in markets where they will perform well.
Ultimately, we believe that these partnerships will only help to strengthen the Turo brand, by placing quality vehicles under the management of five-star All-Star hosts who deliver outstanding guest experiences. This, in turn, helps every host on the platform.
A rising tide lifts all ships!
And now, six new cities!
In March, 2023 a new fleet management partner was added to our team. Ride Off Cars, headquartered in Idaho, with fleets positioned in seven major cities around the country, with more cities to be added in the coming year.
We’ve negotiated an exclusive benefit for vehicle owners who choose to work with Ride Off Cars:
A 25% discount off whichever vehicle management package you choose from among the three packages available.
If you’re ready for help managing your underperforming, or growing fleet, come meet our fleet management partners and begin the conversation.