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Hosts may receive requests to drop off a vehicle at a hotel, or they may be looking for a very specific type of vehicle. Turo customers tend to look for a unique car-sharing experience rather than the usual pick up at an airport terminal. These customers may only rent the vehicle for a few hours or the day. Not all, platforms are the same.Р”В¬ustomers at rival platform GetAround often don't own a car, but need a vehicle to run an errand or pick up an oversized item in the neighborhood.

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He also plans to roll his profits from his car-share business into an Airbnb property.Р”Р‡or those looking to crack into the peer-to-peer car-sharing. He broke ground this spring on his family's new home in Kauai. Based on his current reservations through the end of the year, he projects he will make well into six figures. Now, seven years later, Ali said he made five figures during the first quarter of 2021. Soon he added the couple's other vehicle to the platform and that income paid for the family's housing for the month. With this, he took an underutilized car he already owned, and made $200 on his first transaction. Other businesses he had considered needed a lot of capital to start. It was just the minimal capital business opportunity he was looking for. A pop-up ad sparks an ideaР”Р„li heard about peer-to-peer car-sharing through a pop-up ad on Mint. On Monday, the Daimler-backed company confidentially filed paperwork with regulators for an initial public offering in the United States. 'As summer travel surges, Turo has emerged as a critical platform supporting both increased consumer demand and entrepreneurial opportunity,' said Turo's CEO, Andre Haddad, in July.Р’В 'With traditional rental car companies having limited inventory and charging sky-high rates for the cars they do have, our hosts have been able to capitalize on this moment in time, building thriving businesses by listing their personal cars on Turo, and scaling their businesses to serve their goals.'

Some are finding success by providing customers with a personal touch that isn't possible for Hertz, Enterprise and other big chains. In response to the higher demand, some car-sharing hosts are doubling down on their businesses by expanding their fleets. The lack of readily available reservations from the big car rental chains this summer as well as a desire for a unique rental experience are factors prompting travelers to turn to car-sharing platforms such as Turo and GetAround. In June, she felt confident enough to order a Tesla Cybertruck, and plans to rent it when it's eventually delivered by the dealer. This year's bookings are more than the last three years combined, she said. Tatiana Pisarski, a Turo host in Charlotte, North Carolina, said she has rental requests two to three times a week. In the Atlanta and Chicago area, car-share hosts have similar stories.

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