I do have some repeat customers especially during the summers that book for the whole summer. What are your thoughts on private rentals? I'm sure a deposit will need to be made by the customer but what about insurance options? I think that's what's been stopping me from doing private rentals as I looked into getting commercial auto insurance. Thanks, Jin

Turo vs. Trip City: Which Platform is Better for Car Rental Hosts? If you’re in the car rental business (or thinking about getting into it), you’ve probably heard of Turo. But now, there’s a new player in town—Trip City. How do they compare, and which one is better for hosts? Let’s break it down. 1. Platform Popularity & Customer Base • Turo is the biggest name in the peer-to-peer car rental space, with millions of users and established trust. It’s got the volume, but that also means more competition for hosts. • Trip City is a newer platform, so it may have fewer customers at the moment. However, early adopters might benefit from less competition and better visibility. 2. Fees & Host Earnings • Turo takes 10-40% of your earnings depending on the protection plan you choose. This can eat into your profits, especially on lower-margin rentals. • Trip City claims to take a lower commission and offers competitive pricing for hosts, meaning you keep more of what you earn. 3. Insurance & Protection Plans • Turo’s insurance plans range from basic to premium, but deductibles and claims processes can sometimes be frustrating for hosts. • Trip City is marketing itself as a host-friendly platform with simpler and potentially more affordable protection options. Still, since it’s newer, real-world experiences with claims are limited. 4. Customer & Host Support • Turo’s customer support can be hit or miss—some hosts find it efficient, while others struggle with slow responses and biased decisions in claims disputes. • Trip City is promising better host support, but as a new platform, we’ll have to see if they deliver on that promise. 5. Booking & Payment Experience • Turo has a polished app and website, but strict policies and unpredictable rule enforcement can frustrate hosts. • Trip City is positioning itself as a more flexible alternative, but its booking volume and payment reliability are still being tested. Final Thoughts If you’re an established host, Turo’s large customer base gives you steady bookings, but the fees and rules can feel restrictive. If you’re looking to maximize earnings and take advantage of a growing platform, Trip City could be worth a try, especially since it offers better host incentives in its early growth phase.

Most people see cars as liabilities—something that depreciates, costs money, and drains their wallet. But what if I told you cars could be one of the best income-generating assets? I’ve built a 7-figure car rental business, and now I’m taking it a step further—turning cars into a true investment vehicle (literally). 💰 Whether you’re: ✅ Running a rental business and want to scale faster ✅ Looking for a passive investment strategy (without managing cars yourself) ✅ New to the car game and want to learn from an industry expert I’m here to teach you what I’ve mastered. Let’s talk: 🔹 What’s your biggest challenge with car rentals right now? 🔹 If you could automate one part of your car business, what would it be? Drop your thoughts in the comments—let’s build something big together. 👇 #CarInvesting #CarRentalBusiness #Carvestor #PassiveIncome #Entrepreneurship

YOUR FIRST STEP: INTRODUCE YOURSELF BELOW! 🔹📢 Drop a comment with:1️⃣ Your name & where you're from2️⃣ What you want to learn or achieve in this community3️⃣ Where you're at in your rental car journey (just starting, already running, looking to scale, etc.) This isn’t just another group—it’s a community of winners committed to taking action, learning, and building profitable rental car businesses. 🚗💰 Let’s get to work! Drop your intro below and let’s connect. 👇🔥

Most people think the key to success in car rentals is getting bookings, setting the right prices, or offering luxury cars. While those things matter, they won’t save you if you don’t master the most important skill: 🚗 CAR BUYING. 🚗 Here’s why: 🔑 Your profit is made when you buy the car—not when you rent it. Overpay for the wrong car, and you’ll struggle to break even. Get the right deal, and every rental becomes pure profit. 🔑 Depreciation is your biggest enemy. Buy too high, and you’ll lose a lot when it’s time to sell. Buy smart, and you can flip for a profit when the time is right. (Ask me if you’re not sure when) 🔑 The rental business is prone to total losses. Accidents happen. But if you bought the car below market value, the insurance payout can leave you with a profit instead of a loss. The wrong purchase, however, can leave you taking L’s. 🔑 Some cars are money pits. A cheap car with expensive repairs will take your profits. A reliable, in-demand car will print money for you. How to Buy Cars Like a Pro… ✅ Buy below market value. Wholesale, auctions, and private deals will always beat dealer pricing. You can even buy retail cars, you just need to know how to search. Try searching cars oldest in inventory and see how much prices have dropped since initial listing. ✅ Know what rents well in YOUR market. Not every car makes money everywhere. Research demand, know your demographic. ✅ Check maintenance history. Avoid cars that will cost you in the long run. ✅ Plan for total losses. If an insurance payout wouldn’t make you money, don’t buy. The difference between a struggling host and a profitable host is simple: One knows how to buy cars right, and the other is just hoping for the best. 🚗 Drop a comment: Have you ever profited off a total loss? Or did you take a hit? Let’s talk strategy!