Part 6/8:
Moreover, I faced challenges with troublesome renters. In one instance, a customer returned the car after smoking heavily inside, resulting in significant cleaning costs and loss of rental time. Turo's customer service was responsive, but the initial requirement for proof of damage posed further challenges.
The Numbers: Evaluating Earnings and Expenses
After three months of rentals, my earnings were as follows:
November: $24
December: $818
January: $717
February: $400
These figures don't account for the extensive time spent managing the rentals or the additional depreciation and wear and tear on the vehicle. For example, the insurance on the BMW amounted to about $126 per month, along with other maintenance costs that could spike with wear.