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TURO - peer to peer car rental

4/20/2019

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TURO is a platform to provide peer to peer car rental service. It is a car rental platform similar to Airbnb for house rentals. The cars are listed by local folks through the platform and can be either brought to the local airport (sometimes for a fee) or picked up at a local address in the city.

Below is the gist of the process. You can look up here for more details:
  • You look up the car's available on TURO based on your date, location and budget.
  • Select if you want the the car to be delivered to you or if you can pick it up.
  • The owner confirms your reservation within 8 hours.
  • Pick up at designated duration of time.
  • Return it back to the same location with gas being filled up.
Below is the snapshot of the search on TURO.

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TURO Car Rental Search for PDX
Since TURO is peer to peer car rental, it is recommended to purchase the insurance directly from TURO (Liberty Mutual is the underwriter) as damages will not be covered by the credit cards which usually provides CDW (Collision Damage Waiver) coverage. Alternatively if you rent from commercial hosts they would provide their own insurance and the additional payment for that would be directly assessed by the hosts. You can decline the insurance coverage but if you chose to take it there are 3 different kind of insurance coverage provided by TURO as shown below. The protection price calculation is shown in the article here.
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Different protection plan provided by TURO
The total rental cost presented by TURO consists of car rental charge along with various fees. The breakdown of the major total cost consists of below:
  • Trip Price - Per day car rental charge.
  • Trip fee - A variable component based on the host and car with maximum of 25% of the Trip price.
  • Protection Fee - Depending on the protection plan chosen this fee can be as high as 60% of trip price . You can decline to take the protection if you wish.
  • Delivery Fee - Variable amount charge by host if they provide delivery of the vehicle.
There might be other fees assessed such as young driver fee, cleaning fee or taxes/fees assessed by certain locations. All the fees details can be found here.

TURO is available in the United States, Canada, Germany and U.K. at this time. The car's available through TURO vary but you can get a pretty good deal at a lower price than what the Car Rental companies would charge otherwise. So, next time you are looking for Car Rental do remember to check out TURO.

Referral - At this time TURO does offer a referral program where you get $25 in credit for referring someone to TURO. Here is our referral link (Thanks if you decide to use it).

​Disclaimer: Some of the links used in the post may be referral links and earn referral to this site. We appreciate you supporting the website.
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ALTERNATIVE CAR RENTAL SERVICE - RELAYRIDES AND GETAROUND

5/18/2014

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Over the recent times technological innovation  and community sharing has spurred lot of companies looking to provide same service as traditional companies. One area is "Car Rental".services. The traditional model of car rental is to rent from the old car rental companies or their counterparts such as Hertz, Avis and Alamo, but there are new start-ups which are trying to give established players run for their money by using the concept of community sharing. Couple of companies in this space I want to bring your attention to are:
  1. RelayRides
  2. GetAround

RelayRides and GetAround both use the community sharing concept. Below are few details which will help you determine if they are better options for you than the traditional car rental companies.

RelayRides:
RelayRides allows you to specify the destination (could be an airport) and will show available cars and pricing options for your need. The great thing about RelayRides is since it is based on community sharing you can rent a SUV or Premium Car at reasonable cost compared to the traditional car-rental companies. For e.g. Renting an SUV from San Jose Airport (SJC) from 08/01 to 08/03 gives quite a reasonable rate of $44/day (excluding taxes/fees and insurance) as shown below.

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RelayRide Rental for SUV from San Jose Airport
The best part is you could customize the search based on various factors such as Price, Mileage limit, Vehicle Type, Features etc, which is contrary to Traditional car-rental companies where you selection is just limited to "Vehicle Type and Price". There is no joining or annual fees as well as there are options of what kind of insurance you want and based on your comfort you could take either a "basic package" or a "premium package". The only "con" I can think of is that you need to be "approved" by RelayRides before you can rent-a-car from them. What it means is that you need to be registered with Driving License and Credit Card Details and they verify your Driving Record before you can take your rental. But given the price advantage and selection based on your situation it could be a great buy-in.

The other side of RelayRides is that you can get "free airport parking" (which is currently available only at San Francisco Airport) by listing your car for rental through RelayRides (Of-course you would not earn anything from that rental). An alternative option to consider if you are not going to just park your car at the airport.This also helps them provide rentals directly from airport. If you wish to know which airports have rentals available you can look that up here.

GetAround:
GetAround is another "community sharing" car rental service which functions similar to RelayRides. The basic premises are same as RelayRides such as "no joining or annual fees" as well as approval needed before you take your first rental. The difference is that full-coverage as well as 24/7 roadside assistance is included in the price quote. The con is that number of selection criteria is rather limited. Taking the same example as RelayRides for Renting an SUV from San Jose Airport (SJC) from 08/01 to 08/03 gives a rate ranging from $100 to $140 (including insurance) as shown below:
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GetAround Rental for SUV from San Jose Airport
As you can see from above the options are limited compared to RelayRides but the pricing seems to be at par once you consider that insurance cost is included for GetAround. Similar to RelayRides you could list your idle car for rental and earn an extra income from GetAround.

Both RelayRides and GetAround has sign-up or referral promo's all the time from which you can get $10 to $25 for your first rental. So, next time you plan to rent-a-car, you would want to consider these new "community sharing" car companies for your need!
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