How to Start a 6-Figure Car Rental Business on the Side
Your next income stream might be sitting right in your driveway…
This week we’re talking about how to get your piece of a $100 billion market.
It’s the same model practiced by Hertz, Avis, Enterprise, National: renting cars out for a profit.
It’s a business with lots of built-in demand, and new platforms like Turo help put your car or cars in front of that demand and get paid.
Two years ago, Kirtis Murphy of FamilyTalksAuto.co decided to give this a shot on the side.
He started with his personal vehicle, and since then and with the help of a couple of partners has grown it to a 6-figure business that now has 14 cars in its fleet.
Tune in to The Side Hustle Show interview to hear:
- how you can get started renting out your car for cash
- how to protect yourself and your vehicle assets
- Kirtis’ tips for setting yourself up for profitability and scaling your operation
Free Bonus: 25 Other Things to Rent Out for a Profit
25 Other Unconventional Rental Ideas
What else could you rent out for a profit? Here are some ideas!
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Getting Started With Turo
Kirtis got started renting out his vehicle using an online platform called Turo. Turo is a car-sharing platform that handles