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How Much Does Turo Take? Understanding Turo Fees and Charges

If you’re considering renting your car out on Turo, or renting a car from someone else on the platform, one of the most important questions you’ll likely have is: how much does Turo take? Turo, the peer-to-peer car-sharing platform, charges a number of different fees to both hosts and guests. In this article, we’ll break down each of these fees and charges so that you can understand exactly what you’ll be paying when using Turo.

Table of Contents

Turo Fees for Hosts

If you’re a host on Turo, there are several fees and charges you’ll need to be aware of:

Turo Host Service Fee

The Turo host service fee is a percentage-based fee that Turo charges for every booking made through the platform. The fee ranges from 10% to 35%, depending on the insurance coverage selected by the host. Hosts who opt for the basic insurance plan will pay a 15% fee, while those who choose the premium plan will pay a 35% fee.

Turo Protection Plan Fee

Turo offers several different protection plans for hosts, ranging from basic liability coverage to premium protection that covers both the host and the guest. The cost of the protection plan varies depending on the level of coverage selected and the value of the car being rented.

Turo Extras Fee

Hosts can choose to offer a range of extras to guests, such as GPS, additional insurance, or child seats. Turo charges a fee for each of these extras, which is deducted from the host’s earnings.

State Sales Tax

Depending on where the rental takes place, hosts may be required to pay state sales tax on their earnings from Turo. This tax is deducted automatically from the host’s payout.

Other Fees

Turo may also charge additional fees to hosts in certain circumstances, such as if the car is returned late or if the guest incurs any fines or tolls during the rental period.

Turo Fees for Guests

If you’re renting a car on Turo, you’ll also need to pay several different fees and charges, including:

Turo Guest Service Fee

The Turo guest service fee is a percentage-based fee that Turo charges for every booking made through the platform. The fee ranges from 10% to 20%, depending on the rental cost and the level of insurance coverage selected by the guest.

Turo Protection Plan Fee

As with hosts, Turo offers several different protection plans for guests, ranging from basic liability coverage to premium protection that covers both the guest and the host. The cost of the protection plan varies depending on the level of coverage selected and the value of the car being rented.

Turo Extras Fee

Guests may also need to pay additional fees for extras such as GPS, additional insurance, or child seats, depending on what the host offers.

State Sales Tax

Just like hosts, guests may also be required to pay state sales tax on their rental, depending on where the rental takes place.

Other Fees

Guests may also be charged additional fees if they return the car late or incur any fines or tolls during the rental period.

Conclusion

Turo charges several different charges to both hosts and guests, including service fees, protection plan fees, and additional charges for extras and state sales tax. It’s important to understand these fees and charges before using Turo, so that you can factor them into your rental costs or earnings.

FAQs

  1. How much does Turo take from hosts?
  • Turo takes a percentage-based service fee ranging from 10% to 35% of the rental cost, depending on the level of insurance coverage selected by the host.
  1. How much does Turo take from guests?
  • Turo takes a percentage-based service fee ranging from 10% to 20% of the rental cost, depending on the rental cost and the level of insurance coverage selected by the guest.
  1. What other fees might I have to pay when using Turo?
  • Depending on the rental location and circumstances, hosts and guests may be required to pay state sales tax or additional fees for extras or fines/tolls.
  1. Is Turo a good way to make money?
  • Turo can be a good way to make money by renting out your car, but it’s important to factor in the various fees and charges that Turo deducts from your earnings.
  1. Is Turo safe?
  • Turo provides insurance coverage and screening for hosts and guests, but as with any peer-to-peer platform, risks are involved. It’s important to carefully review each rental and take necessary precautions to ensure your and your vehicle’s safety.