The type of car you own will greatly impact how much you can earn renting out your car on Turo.
First and foremost, you’ll want to choose a car that is in high demand. This will help ensure that you’re able to rent out your car as often as possible and that you’re able to charge a higher rate. You’ll also want to choose a car that is relatively low maintenance. This will help you save money on upkeep and repairs over time.
The Jeep Wrangler is one of the best cars to rent out on Turo since it’s in high demand and relatively affordable to own. Other cars that can provide the best return on investment include the Ford Mustang, Fiat 500, Toyota Corolla, Toyota Prius, Toyota Camry, and BMW 3 Series.
This article will cover the seven best cars for Turo in 2022. These cars are all high in demand, and relatively low maintenance. Additionally, each car has its own unique set of features that make it great for renting out on Turo.
Let’s dive in.
What are the best cars on Turo?
Here are the best cars to rent out on Turo based on their earnings potential, demand, and affordability.
1. Jeep Wrangler
Best overall car for Turo
Renters looking for a car that can handle any condition often turn to the Jeep Wrangler. This car has ample space for traveling with friends and family, it’s reliable, and it’s a joy to drive. It’s also one of the most affordable cars to own, with a starting price of just around $29,995.
While the Jeep Wrangler may not be the most luxurious car on the market, it’s certainly one of the most fun. And, renters are willing to pay a premium for that fun. The average daily rate for a Jeep Wrangler is $91, making it one of the most profitable cars on Turo.
- Pricing: Starting at $29,995
- Mileage est. (cty/hwy): 17/25 MPG
- Average annual Turo earnings: $9,079
2. Ford Mustang
Best affordable sports car
With a starting price of around $27,155, the Ford Mustang is one of the most affordable sports cars on the market. It’s also one of the most popular, with a long history of being an icon in the automotive world.
The Mustang is a great car to rent out on Turo for a few reasons. First, it has a sleek design that turns heads which renters will want the opportunity to experience. Second, it’s relatively low maintenance. And third, it offers a great driving experience that renters are willing to pay for. The average daily rate for a Ford Mustang is $66, making it one of the most profitable cars on the Turo marketplace.
- Pricing: Starting at $27,155
- Mileage est. (cty/hwy): 21/29 MPG
- Average annual Turo earnings: $10,488
3. Fiat 500
Best affordable car
The Fiat 500 is small, efficient, and easy to drive. It’s also one of the most affordable cars to own, with a starting price of just $16,245.
While the Fiat 500 doesn’t attract the same type of renter as the Jeep Wrangler or Ford Mustang, it’s still a popular choice on Turo. This is because it’s an affordable option for renters looking for a small car to zip around town in. The average daily rate for a Fiat 500 is $38.
- Pricing: Starting at $16,245
- Mileage est. (cty/hwy): 28/33 MPG
- Average annual Turo earnings: $7,009
4. Toyota Corolla
Best reliable car
The Toyota Corolla is one of the best-selling cars of all time for a reason. It’s affordable, reliable, and safe. It’s also low maintenance, making it a great choice for those looking to rent out their car on Turo.
The Corolla is a popular choice on Turo for a few reasons. First, it’s one of the most affordable cars to rent. Second, it gets great gas mileage which is important for renters who are looking to save money. And third, it’s a reliable car that renters can count on and may already be familiar with.
- Pricing: Starting at $20,425
- Mileage est. (cty/hwy): 30/38 MPG
- Average annual Turo earnings: $6,132
5. Toyota Prius
Best eco-friendly car
The Toyota Prius is the best-selling hybrid car since it’s efficient, reliable, and has a reputation for being environmentally friendly. Since it gets great gas mileage, has low emissions, and is comfortable for long trips, renters on Turo love driving the Prius.
Although the Prius is a great car to rent out on Turo, there are some things you should keep in mind. First, the Prius is a popular car, so you may have to compete with other hosts who are also renting out their Prius. Second, you need to consider the market you are serving. This makes a great car for someone who is looking for an eco-friendly or fuel-efficient car to rent, but may not be the best choice for someone who wants a luxurious or sporty car.
- Pricing: Starting at $25,075
- Mileage est. (cty/hwy): 58/53 MPG
- Average annual Turo earnings: $7,896
6. Toyota Camry
Best all-purpose car
Toyota Camry’s have a long history of being reliable, comfortable, and affordable. And, with a starting price of just $25,845, they’re one of the most affordable cars on the market. This makes a great car for larger groups that need a reliable and comfortable car to get around in, but don’t want to spend on a crossover or SUV.
Since the Toyota Camry is such a popular car, there’s always a high demand for them on Turo. This means that you can charge a higher price for your rental, and you’re sure to get plenty of bookings. This also makes a great car for ridesharing platforms like Uber of Lyft, so you can always list it on a platform like HyreCar for a potentially even more profitable opportunity.
- Pricing: Starting at $25,845
- Mileage est. (cty/hwy): 28/39 MPG
- Average annual Turo earnings: $7,161
7. BMW 3 Series
Best luxury car
The BMW 3 Series is a popular choice for a luxury and sporty car rental, and for good reason. It’s comfortable, efficient, and has all the features that luxury car renters are looking for. This car has a starting price of just $41,250, making it a great option for those looking to rent out a luxury car without breaking the bank. Features like heated seats, a sunroof, and a premium sound system make the BMW rental experience one that renters are willing to pay for.
Again, depending on the market you are serving, the BMW may not be the best choice. But, if you are in an urban area with a lot of business travelers or tourists, then the 3 Series will be a popular choice. The average daily rate for a BMW 3 Series is $69, making it a potentially highly profitable car.
- Pricing: Starting at $41,250
- Mileage est. (cty/hwy): 26/36 MPG
- Average annual Turo earnings: $9,499
When it comes to renting out your car on Turo, there are a lot of factors to consider. Generally, the best cars for Turo are ones that are affordable, reliable, and comfortable. But, depending on your market, you may be able to charge a premium for luxury or sporty cars. With a mix of luxury, fuel efficiency, and affordability, there’s sure to be a car on this list that’s perfect for you.
Making a profit from renting out your car on Turo will depend on a variety of factors, but with a little research, you can be sure to find the best car for your market. When in doubt, you can always use Turo’s calculator tool to determine how much income you could earn with different vehicles.