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Round Table | Turo in 2025: Is Car Rental Sharing Still Profitable?

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Manage episode 474507741 series 2531873
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Can you still make real money renting cars in 2025, or is the Turo wave fading? Join Russ, Joey, and Ernie as they examine the current state of the Turo car rental business, weighing the benefits, red flags, and real-life profitability of this investment strategy.

From rising maintenance costs and vehicle depreciation to leveraging the platform’s growing demand, the guys break down what it takes to succeed and who this model is really for.

Whether you're curious about Turo as a passive income play or if it aligns with your Investor DNA, today's conversation will help you decide.

Top three things you will learn:

-The basics of car-sharing

-Depreciation, maintenance, and ROI

-Does Turo fit your investment strategy?

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

The Self Storage Investing Podcast:

-https://selfstorageinvesting.com/our-podcasts/


Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

-https://wealthwithoutwallstreet.com/cars


Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios


Book Your Free Passive Income Game Plan Session:

-https://wealthwithoutwallstreet.com/freecall


Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook


IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc


Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST


Find Out How Close You Are to Financial Freedom:

-https://wealthwithoutwallstreet.com/quiz


Join the Wealth Without Wall Street Community:

-https://wealthwithoutwallstreet.com/community


Discover Your Path to Financial Freedom:

-https://wealthwithoutwallstreet.com/path


Join the Passive Income MasterMind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind


Join Our Short-Term Rental (STR) Course:

-https://go.wealthwithoutwallstreet.com/strcourse


The Land Geek:

-https://thelandgeek.com/

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator


Invest With Your Friends and Family:

-https://tribevest.com/partners/wwws


Know Your Investor DNA:

-https://wealthwithoutwallstreet.com/investordna


The Infinite Banking Concept Explained by a CFP:

-https://youtube.com/watch?v=sVuexMv6Kf4


Becoming Your Own Banker by Nelson Nash:

-https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/


Financial Literacy App for Kids:

-https://gravystack.com/


Here is the List of "40 Books We Recommend" on our Amazon Store: https://amzn.to/49UyD1d


---


Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches.


-Join here: https://wealthwithoutwallstreet.com/inner-circle


  continue reading

600 episodes

Artwork
iconShare
 
Manage episode 474507741 series 2531873
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Can you still make real money renting cars in 2025, or is the Turo wave fading? Join Russ, Joey, and Ernie as they examine the current state of the Turo car rental business, weighing the benefits, red flags, and real-life profitability of this investment strategy.

From rising maintenance costs and vehicle depreciation to leveraging the platform’s growing demand, the guys break down what it takes to succeed and who this model is really for.

Whether you're curious about Turo as a passive income play or if it aligns with your Investor DNA, today's conversation will help you decide.

Top three things you will learn:

-The basics of car-sharing

-Depreciation, maintenance, and ROI

-Does Turo fit your investment strategy?

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

The Self Storage Investing Podcast:

-https://selfstorageinvesting.com/our-podcasts/


Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

-https://wealthwithoutwallstreet.com/cars


Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios


Book Your Free Passive Income Game Plan Session:

-https://wealthwithoutwallstreet.com/freecall


Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook


IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc


Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST


Find Out How Close You Are to Financial Freedom:

-https://wealthwithoutwallstreet.com/quiz


Join the Wealth Without Wall Street Community:

-https://wealthwithoutwallstreet.com/community


Discover Your Path to Financial Freedom:

-https://wealthwithoutwallstreet.com/path


Join the Passive Income MasterMind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind


Join Our Short-Term Rental (STR) Course:

-https://go.wealthwithoutwallstreet.com/strcourse


The Land Geek:

-https://thelandgeek.com/

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator


Invest With Your Friends and Family:

-https://tribevest.com/partners/wwws


Know Your Investor DNA:

-https://wealthwithoutwallstreet.com/investordna


The Infinite Banking Concept Explained by a CFP:

-https://youtube.com/watch?v=sVuexMv6Kf4


Becoming Your Own Banker by Nelson Nash:

-https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/


Financial Literacy App for Kids:

-https://gravystack.com/


Here is the List of "40 Books We Recommend" on our Amazon Store: https://amzn.to/49UyD1d


---


Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches.


-Join here: https://wealthwithoutwallstreet.com/inner-circle


  continue reading

600 episodes

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