Car Rental/Turo Calculator

Calculate car rental business profitability on Turo and other platforms. Analyze ROI, break-even points, platform fees, and monthly profit potential for vehicle rental income.

Key Benefits:

  • Complete profitability analysis
  • Platform fee optimization
  • Break-even point calculation
  • ROI and cash flow projections
  • Variable vs fixed cost breakdown
  • Utilization rate planning
  • Depreciation impact analysis
  • Fuel cost management

Car Rental Business Inputs

Enter your vehicle details, costs, and rental projections to calculate profitability.

Share Your Scenario

Copy link with your current inputs

$

Average daily rate you charge renters

Expected number of rental days per month

%

Platform commission (Turo: 25-40%, Getaround: 40%)

$

Total purchase price of the vehicle

Years to depreciate the vehicle to zero value

$

Monthly insurance cost for rental coverage

$

Monthly car loan payment (0 if owned outright)

$

Cost per mile for maintenance, repairs, and wear

Average miles driven per rental period

$

Cost to clean vehicle after each rental

$

Registration, storage, tracking devices, etc.

Fuel Settings

Whether you pay for fuel or renters do

$

Current fuel price per gallon

Vehicle's fuel efficiency in miles per gallon

Car rental/Turo profitability calculation

Break-even requires more than 31 days per month - consider higher pricing or lower costs

Monthly Net Profit

-$966.67

Consider optimizing costs or increasing rental rates.

Key Metrics

$1,200.00
Monthly Revenue
526.7
Break-Even Days
66.7%
Utilization Rate
-46.4%
Annual ROI

Monthly Breakdown

Revenue$1,200.00
Platform Fees-$300.00
Variable Costs-$850.00
Maintenance-$300.00
Fuel-$250.00
Cleaning-$300.00
Fixed Costs-$1,016.67
Depreciation-$416.67
Net Profit-$966.67

Key Insights

Profit per rental day: -$48.33

Effective daily rate after fees: $45.00

Annual depreciation: $5,000.00

Variable cost per rental: $42.50

Negative ROI

Your investment is losing money with a -4,640.0% ROI. Consider increasing rates, reducing costs, or exiting this investment.

High Break-Even Point

Break-even at 526.7 days is high - focus on increasing utilization or optimizing pricing.

Frequently Asked Questions

How much can I make renting my car on Turo?

Earnings vary widely based on location, vehicle type, and demand. Most hosts earn $200-$1,000 per month per vehicle. Our calculator helps you estimate realistic earnings based on your specific situation and local market rates.

What are the typical platform fees for car rental?

Turo takes 25-40% depending on your protection plan, Getaround takes about 40%, and HyreCar varies by market. Choose the protection level that balances fees with coverage for your risk tolerance.

Should I buy a car specifically for rental income?

Only if the numbers work. Use conservative estimates for rental days (15-20 per month), factor in all costs including depreciation, and ensure positive cash flow. Consider starting with a vehicle you already own.

How do I estimate maintenance costs per mile?

Include regular maintenance, repairs, tire replacement, and increased wear from multiple drivers. Budget $0.10-$0.25 per mile depending on vehicle age and type. Luxury cars typically cost more to maintain.

What insurance do I need for car rental business?

Commercial insurance or platform protection plans. Personal auto insurance typically doesn't cover rentals. Factor this cost into your calculations - it can be $100-$300+ per month depending on coverage and vehicle value.

How many days per month should I expect rentals?

New hosts average 8-15 rental days per month. Experienced hosts with good reviews and competitive pricing may achieve 20-25 days. Avoid over-optimistic projections - start conservative and scale up.
Results are estimates for informational purposes only. Consult professionals for important decisions.

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