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In light of the many changes the world has seen during the pandemic, we've all had to think out of the box to make ends meet. Making money from your stationary vehicle while working from your home office might be just the thing to pad your pockets with some extra cash. So, what cities are best for Turo?
The peer-to-peer renting service is lucrative across popular holiday destinations in the U.S. According to Turo, Los Angeles, California, is the best-performing hosting city. However, some metropolises appear to be less successful because guests mainly visit the area for business-related purposes.
One might think that bustling cities like New York City would be an excellent destination to put a car up on Turo. And while it remains a viable option, a few things might affect Turo's success in metropolises.
What Cities Are Best For Using Turo As A Host?
Without the proper consideration, it appears that the math speaks for itself; more people equal a greater demand, and stepping into the supply chain should make perfect sense. But it's not that simple for a peer-to-peer service.
Factors That Influence Hosting Success on Turo
Places like Boston in Massachusetts, Chicago in Illinois, and Philadelphia in Pennsylvania have heavy traffic congestion throughout the year. Many people in these cities use public transportation systems – trains and busses – or use other services like Uber (see Ola vs Uber) Lyft, or hail a cab.
Just as traveling on foot in big cities is not uncommon, quite a few people opt to walk a relatively short distance than to face horrendous traffic jams. Besides, hiking through urban jungles saves time, money, and is excellent for your health – no wonder people are investing more money on a good pair of walking shoes.
Another downside for guests is that they can't collect the vehicle from one location and drop it at another. Sure, you can provide collection/delivery services as optional extras, but your delivery fee can easily surpass the total rental amount.
So, if you're a proud New Yorker feeling a little bumped out with your less than desirable hosting prospects, you'll have to dig a little deeper to find that one thing that would make your renting venture a success.
Making Hosting On Turo Successful In A Metropolis
Not all is lost if you happen to live in one of the business hubs in America. There are ways to make money from guests visiting cities like New York, San Francisco, or Seattle on business trips.
You can always ask hotels in the area if they are willing to use your services as a Turo host as an add-on option to their bookings. People need to get to business meetings, so why not book a vehicle while booking a room?
If it works for holiday destinations in collaboration with Airbnb (see the ten best cities for Turo and Airbnb below), it is absolutely worth a shot. If the hotels aren't too keen on the idea, you can ask to leave a few flyers or business cards at the front desk for guests to see when they check in.
However, the drawback here is that businesspeople are notorious for being worried about their image and probably won't be thrilled driving in a stock standard Toyota Corolla to an important meeting. If you happen to have a luxury or sports car, your chances for success might be better in metropolises.
The Top Ten Business Hubs For Turo Hosts
The U.S has many cities that run from one business meeting to the next; if you want to tap into this market, see if your city is listed as one of the top corporate destinations in America.
- New York, New York
- Dallas, Texas
- Chicago, Illinois
- San Jose, California
- Seattle, Washington State
- Minneapolis, Minnesota
- San Francisco, California
- Washington DC, Washington State
- Houston, Texas
- Philadelphia, Pennsylvania
Making Hosting On Turo Successful In University Cities
Keeping in line with the value-added services at business hotels, you can offer specials to strapped-for-cash university students heading home for the weekend to do their heaps of laundry. Take it a step further and offer group packages, making it easy for scholars to share rides when heading to the same town.
Hosting in these cities will work out great if you have an everyday ride. In contrast with business professionals looking for luxurious or flashy transportation, students will hunt for the best possible rates – a stock standard Toyota Corolla will be precisely what they are after.
The Top Ten University Cities For Turo Hosts
If you found your city listed as one of the business meccas, keep an eye out for it on the list of the university cities that might boost your income even further. Here are the top ten university cities for hosting on Turo:
- Princeton University in Princeton, New Jersey
- Columbia University in New York
- Harvard University in Cambridge, Massachusetts
- Massachusetts Institute of Technology in Cambridge, Massachusetts
- Yale In New Haven, Connecticut
- Stanford University in Sandford, California
- The University of Chicago, Illinois
- The University of Pennsylvania in Philadelphia, Pennsylvania
- California Institute of Technology in Pasadena, California
- Duke University in Durham, North Carolina
The Ten Best Cities For Turo And Airbnb Hosts
According to the booking records of Turo and Airbnb, these are the ten most popular combination destinations across the U.S. and Alaska. If you don't have a place to rent out with your car or vice versa, you can shop around for other hosts to collaborate with; there are many ways to skin a cat.
- Jackson, Wyoming
- Los Angeles, California
- Anchorage, Alaska
- Denver, Colorado
- San Francisco, California
- Whitefish Mountain, Montana
- Atlanta, Georgia
- Orlando, Florida
- Newark, New Jersey
- Great Smokey Mountains, Tennessee
What Cities Are Best For Using Turo As A Guest?
The difference between using Turo as a host or guest is not that substantial. The same factors that influence the success of Turo hosts will determine if the peer-to-peer service will be less or more prevalent in your area.
While Turo car sharing is undoubtedly more successful in popular tourist destinations, you can still make good money in business hubs or university cities by employing a little creative marketing. You should be able to make your peer-to-peer car renting services successful in most U.S. cities.