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This Revolutionary App Will Destroy Rental Car Industry across the World

SivaA
3 min readJun 27, 2021

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One app shakes the USA car rental industry.

All of us know there are lots of rental car companies available in the USA, and people rent the cars based on the need. Most of the rental cars are very expensive and charge an average of $100 including insurance for a day, even for compact cars. There is no question to ask about luxury cars. It’s too expensive to rent from rental car agencies, and it costs an average of $300 per day. Every year, the rental car price is going up. Some factors drive car rental prices. Here are the topmost things that impact the cost of the rental car:

  1. Location (Location renting a car in)
  2. Dates
  3. Some premium location surcharges(e.g. busy locations like Las Vegas)
  4. Car Insurance
  5. Car Rental Company

Turo was founded by Shelby, Clark in 2012 and headquartered in San Francisco, California. Turo is the world’s largest car-sharing or rental company where you can rent a car, or you can host a car. It follows a similar business model like Amazon and Uber, Airbnb, etc. This type of business model is very successful. It allows individual car owners to rent out their vehicles via the Turo app, and it’s currently available in almost 56 countries. Lots of big…

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SivaA
SivaA

Written by SivaA

I am a Software Engineer and YouTube Content Creator, from Dallas Texas

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