Fast Facts:
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Earnings
Earnings range from 90% to 65% depending on the protection plan selected. Hosts typically receive 75%* of the trip price, delivery fees, and additional mileage charges. Hosts who offer Extras receive 90% of their price.
Quebec requires Turo to collect sales tax from hosts there. You can read how that impacts host earnings here.
You can submit requests to be reimbursed for costs incurred by your guest -- fuel replacement, excess distance, tickets, tolls, cleaning/smoking. Learn more about requesting reimbursement here.
You can set your own daily price, custom prices for individual days, and weekly and monthly discounts. Hosts in some locations let Turo’s Automatic Pricing feature set their price. Learn more about pricing your vehicle here.
Getting paid
US hosts
You'll need to enter your bank’s routing number and your account number on your Turo earnings page. This information will be securely stored. We won’t have access to your bank account information, and the routing information will be stored by a Level-1 PCI-compliant third party that will facilitate the payments.
Thirty minutes after a trip ends, we’ll automatically initiate ACH payment (like a direct bank deposit) for your share of the trip price. Allow one to three business days after that for the funds to transfer. If the trip lasts more than a week, we’ll initiate weekly partial payments; on day seven we’ll initiate the first partial payment (which should post to your account one to three business days later). The process will repeat on day 14, etc. Hosts in the US will be paid in US$. Hosts in the US can only be paid by connecting their bank accounts to their Turo account.
Canadian, German, and UK hosts
You'll need to enter your PayPal email address on the earnings page.Thirty minutes after the trip ends, we’ll automatically initiate a PayPal payout for your share of the trip price. Please allow at least one to three business days after that for the funds to transfer. (Turo cannot control any holds or reserves on the funds imposed by PayPal.) If the trip lasts more than a week, we’ll initiate weekly partial payments; on day seven we’ll initiate the first partial payment (which should post to your account one to three business days later). The process will repeat on day 14, etc. Canadian hosts will be paid in CA$; German hosts will be paid in euros; hosts in the UK will be paid in GBP. Hosts in these countries can only be paid via PayPal.
Hosts in other countries
You'll need to enter your PayPal email address on the earnings page. Hosts in countries not listed above are paid in US$, except for hosts in the eurozone, who are paid in euros. Thirty minutes after the trip ends, we’ll automatically initiate a PayPal payout for your share of the trip price. Please allow at least one to three business days after then for the funds to transfer. If the trip lasts more than a week, we’ll initiate weekly partial payments; on day seven we’ll initiate the first partial payment (which should post to your account one to three business days later). The process will repeat on day 14, etc. Hosts in these countries can only be paid via PayPal.
Tax on earnings
As a general statement, income earned by sharing your car is taxable. To see your past earnings, log in to your account. Click on the Trips tab and select “Earnings” in the dropdown menu. We’ll display every transaction and amount we’ve paid you since you started booking your vehicle(s) through Turo.
For more information, check out the article, Tax on Earnings.
*US hosts receive 65%, 75%, 85%, or 90% depending on which of the four protection plans they choose. By default, hosts receive 75% under our Standard plan. Currently, only the Standard and Decline plans are available in Canada, Germany, and the UK. Decline is the only option available outside of the US, Canada, Germany, and the UK.