How much will I make as a Turo host?
What you’ll earn as a host depends on several factors, including some choices you make. Your first choice will be whether to operate as a peer-to-peer host or a Commercial Host. Only hosts in the US, the UK, and the Canadian provinces of Alberta, British Columbia, Nova Scotia, Ontario, and Quebec can operate as peer-to-peer hosts.
Peer-to-peer hosts choose a protection plan made available through Turo. Depending on the plan you choose, you’ll earn between 60% – 85% of the trip price, as well as some fees, and charges you set. Keep in mind that the less expensive the plan, the more you’ll earn, but the higher your deductible will be. Educate yourself fully by reading the details of host protection plans in the US, Canada, and the UK.
You’ll set your own daily price and any discounts or delivery fees, within Turo’s limits. If you charge guests for eligible incidental costs––fuel replacement, tickets, tolls, cleaning fees, or smoking fees––you’ll receive 100% of the approved amount. If you offer Extras, you’ll earn 90% of their price. If you charge guests for driving additional distance, for additional usage, or for a late return, you’ll receive a percentage of those costs and fees based on the protection plan you choose.
Commercial Hosts provide their own commercial rental insurance to themselves and their guests and earn either 92.5% (US) or 80% (outside the US) of the trip price. Learn more about becoming a Commercial Host. You’ll set your own daily price and any discounts or delivery fees, within Turo’s limits. You’ll collect any additional fees and reimbursement for any incidental costs directly from your guests.
How will I get paid?
How Turo pays hosts in the US
If you’re a US host, you must enter your bank’s routing number and your account number on your Turo earnings page. This information is stored securely, and we don’t have access to it. A Level-1 PCI-compliant third party stores the routing information and facilitates the payments. This is the only payment option available for US hosts.
We’ll initiate payment in US dollars for your share of the trip price of your first booked trip 72 hours after it ends. Once we do, your bank will take an additional 3–5 business days to verify and process the payment as a direct deposit. For all subsequent trips, we’ll initiate payment 3 hours after the trip ends. If the trip lasts more than a week, we’ll make weekly partial payments. We’ll initiate the first payment on day 7, the next on day 14, and so on until the trip has ended, and you’ve received all your earnings. You’ll receive no more than one payout a day. We can’t override our system’s processing time or that of your bank, so your payment could take more than a week to reach your account.
How Turo pays hosts outside the US
If you’re a host outside of the US, you must enter your PayPal email address on the earnings page. PayPal is the only payment option available outside of the US. We’ll initiate payment for your share of the trip price of your first booked trip 72 hours after it ends. Funds should post to your account 1–3 business days later. For all subsequent trips, we’ll initiate payment 3 hours after the trip ends. If the trip lasts more than a week, we’ll make weekly partial payments. We’ll initiate the first payment on day 7, the next on day 14, and so on until the trip has ended, and you’ve received all your earnings. You’ll receive no more than one payout a day. Canadian hosts are paid in CAD. UK hosts are paid in GBP. Hosts in all other countries are paid in US dollars. Turo can’t control any holds or reserves on the funds imposed by PayPal.
Where can I see my earnings?
To see your earnings, log onto turo.com or the Turo app. Open the Host tab and select “Earnings” from the dropdown menu. We’ll show your earnings to date for the calendar year. You can change the display to see your total earnings for each year you’ve been active on Turo or to see your earnings by individual vehicle. The province of Quebec requires Turo to collect sales tax from hosts there. As a general statement, income earned by sharing your car is taxable.
Why is my bank statement showing a different amount than I expected?
There are a few reasons why the earnings you expected to see and the actual deposit amount may differ. For one, we make weekly partial payments for trips that last more than a week. We continue to do so until the trip has ended, and we’ve paid you all your earnings. Also, payments may accumulate over weekends and holidays, so multiple payments may be combined into a single payout. Finally, we may adjust earnings amounts for cancellations, guest refunds, or host fines before initiating the payment.
How will I be paid for a damage claim?
We’ll take 1–3 business days to determine if a claim is eligible under the protection plan you chose. Once we determine eligibility, either Turo or a third-party appraiser will assess the cost of repairs. Most estimates can be made via photo-based appraisal and often take less than a day. If the damage is severe or complex or photo quality is low, we’ll send a field appraisal team to do a physical inspection, and that could take 5–7 days. Once the appraisal is complete, we’ll charge the guest for any balance owed and send you an electronic link to receive payment. Read the full damage claim process in the US, Canada, and the UK.