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A breakdown of expenses shows that the Sentra has incurred maintenance costs of only $28.67, supplemented by $80 on parking, $250 on Uber rides to the airport, and $400 on insurance. After accounting for Turo’s 20% commission, the net revenue stands at $3,960, leading to a Return on Investment (ROI) suggesting a payback period of approximately 26 months.
Despite the positive figures, the car owner anticipates hurdles, stemming from past experiences with an older vehicle that faced numerous mechanical issues. The decision to invest in a newer model with a warranty hopes to mitigate these risks, with optimism surrounding future insurance coverage as the vehicle ages.