Fast facts
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What you’ll earn
You’ll earn between 90% to 65% of the prices you set depending on the host protection plan you choose. You set your own daily price, delivery fees, and excess distance charges within Turo’s limits. You’ll also earn a percentage of any additional usage or late fees a guest incurs. No matter what protection plan you choose, if you offer Extras, you’ll receive 90% of their price. You’ll also receive 100% of reimbursements for costs incurred by your guest for fuel replacement, tickets, tolls, cleaning/smoking. Quebec requires Turo to collect sales tax from hosts there.
How you’ll get paid
US hosts
Enter your bank’s routing number and your account number on your Turo earnings page. This information will be stored securely. We won’t have access to your bank account information. The routing information will be stored by a Level-1 PCI-compliant third party that will facilitate the payments. This is the only payment option available for US hosts.
We’ll initiate ACH payment (like a direct bank deposit) for your share of the trip price 30 minutes after the trip ends. Allow one to three business days for the funds to transfer. If the trip lasts more than a week, we’ll make weekly partial payments. We’ll initiate the first payment on day seven, the next on day 14, and so on. Funds will show in your account in one to three business days. Payment will be made in US$.
Canadian, German, and UK hosts
Enter your PayPal email address on the earnings page. We’ll make a PayPal payout for your share of the trip price 30 minutes after the trip ends. Allow at least one to three business days after that for the funds to transfer. If the trip lasts more than a week, we’ll make weekly partial payments. We’ll initiate the first payment on day seven, the next on day 14, and so on. Funds should post to your account one to three business days later. Turo can’t control any holds or reserves on the funds imposed by PayPal. Canadian hosts will be paid in CA$; 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
Enter your PayPal email address on the earnings page. Hosts in the eurozone are paid in euros. Hosts in all other countries not listed above are paid in US$. We’ll initiate a PayPal payout for your share of the trip price 30 minutes after the trip ends. 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 make weekly partial payments. We’ll initiate the first payment on day seven, the next on day 14, and so on. Funds should post to your account one to three business days later. Turo can’t control any holds or reserves on the funds imposed by PayPal. 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 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. You’ll find more information in the article “Tax on earnings.”