Turo is a carsharing company that allows owners to rent out their vehicles to other drivers. Many Americans have been using Turo as a way to earn extra cash or even help pay off their vehicles. Some SUV models have major earning potential on Turo. The top-earning SUV to rent out is the Jeep Wrangler. Here’s why everyone wants to rent a Jeep Wrangler on Turo.
The Jeep Wrangler makes the big bucks on Turo
More friends, more fun.— Jeep (@Jeep) September 30, 2021
📸: Devin P. pic.twitter.com/cMBszHoxAH
The Jeep Wrangler is the top-earning SUV on Turo. The Wrangler earns as much as $851 a month on average via the popular carsharing company. It is booked for 14 days a month on average (close to half a month). It costs renters an average daily price of $91. Its low daily price is part of the reason Turo users are choosing to rent a Jeep Wrangler so often.
Who would have thought a Jeep Wrangler could be a lucrative investment? The Wrangler pulls in $206 more per month than the second top-earning SUV on Turo, the Jeep Cherokee. The Wrangler also rakes in $113 more than the top-earning luxury car on Turo, the Audi A3.
Why do Turo users love the Jeep Wrangler so much?
The Wrangler can wrangle up as much as $10,212 a year on Turo. The 2021 Jeep Wrangler starts at $28,870, so $10,212 a year to rent out the Wrangler is a pretty solid return on investment. A few years on Turo and the Wrangler could go from a liability to an asset that has paid for itself and brings in supplemental income.
Why on earth is the Jeep Wrangler the top-earning SUV on Turo? The Wrangler has its perks, but it isn’t luxurious or even comfortable.
Turo users love the Jeep Wrangler so much because it’s fun to drive on occasion but not to own. Jeep Wrangler models have plenty of reliability issues. In fact, some vehicle review sites and online publications have advised against buying Jeep Wranglers.
Turo users want to rent a Jeep Wrangler because they can experience one of the best off-road SUVs in existence without having to pay for repairs. Turo is all about having unique experiences with vehicles you probably wouldn’t buy for yourself. Sometimes it’s a way for drivers to get a real test drive before considering purchasing a vehicle. In the case of the Wrangler, plenty of folks want to experience Jeep’s flagship model at least once.
Should you rent a Jeep Wrangler on Turo?
Turo is unique because there are some vehicles that you typically won’t see from the average car rental business. The Jeep Wrangler is a unique vehicle that probably won’t be available to rent from the typical rental business on your next vacation.
Turo allows users to drive the vehicles of their dreams, or vehicles that they have always wanted to experience. Renting a Jeep Wrangler is a great way to experience an iconic SUV that traces back all the way to the 1940s. If you do rent a Jeep Wrangler on Turo, resist the temptation to take it too far off-road or risk hefty fines.