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financialwolf

@financialwolf

5mo

Risk: Moderate

Rent your car

Hosting a car fleet on Turo requires investing significant capital making it a moderate to high-risk business, depending on how comfortable you are with taking risks. Your cars might bring in notable revenue during peak season, while you may not have any bookings on other days.

You may lose money when you choose the wrong car or if the car receives significant damage. Sometimes, cars get into serious accidents or get totalled, before you break-even the cost of the car, which can be quite a big dent investment-wise.

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