[AYounglove10]

Peeps,

Some of you may remember me from last year. I had a very early build '21 M4C in alpine white that I used both for personal use and for my business as a Turo Power Host. I had a few folks on this forum drive my vehicle before purchasing their G8X.

Although I've exited Turo as a business, I will be engaging the platform with my (new to me) IOMG M4C during the early weeks/months of 2023 for Super Bowl and the WM Open.

Some of you may be turned off entirely on the idea, but I will be setting up many of my friends and family members' vehicles on my account during that time, as all rental assets will be in incredibly high demand during that period.

If anyone else is interested in doing the same, I'm happy to help.

Advantage to you is: instant credibility with a Power Host rating and over 300 5 star reviews. People rent from proven hosts.

I have zero financial motivation or demands in offering help here, just a fun thing to do as a community and make a few $$ to kick off the year.

Im reaching out now, as it will take some time to setup each individual vehicle and educate any/all that is interested in the dos and don'ts to make this a successful endeavor.

Let me know.

[chicagofan00]

If only I didn't love my car like it were my third child…

[AYounglove10]

Originally Posted by chicagofan00

If only I didn't love my car like it were my third child…

Totally understand. I have a very warped sense of car ownership after Turo. Unfortunately, it's hard to see them as anything but potential income-generating things.

That being said…I haven't let anyone else drive the new one. Yet…

[phxF80]

I probably wouldn't do it with my car since I would be so paranoid..especially with it being lowered and mods, I think people would really abuse it.

I have thought about doing an airbnb with my house that week. I live right down the street from the open and figure I could make a decent chunk of change just for a week for a 4bd 3bath house in North Scotts. Totally off subject from Turo...but also..money

[Tyga11]

Originally Posted by phxF80

I probably wouldn't do it with my car since I would be so paranoid..especially with it being lowered and mods, I think people would really abuse it.

I have thought about doing an airbnb with my house that week. I live right down the street from the open and figure I could make a decent chunk of change just for a week for a 4bd 3bath house in North Scotts. Totally off subject from Turo...but also..money

I did AirbNb for my old condo in North Scottsdale (Thompson Peak Pkwy & Frank Lloyd Wright) for the Phoenix Open 3 years in a row (2015-2017)

I charged $2,100 per week and had it filled all 3 years. My mortgage was only $1,000 a month and it was a nice chunk of change.

I wonder what the market is now?

[Ex_Stig]

Out of pure curiosity, what would a '22 M5 CS rent out at for a week?

*I have zero interest in actually doing it, just wondering what people would pay.

[AYounglove10]

Originally Posted by Tyga11

I did AirbNb for my old condo in North Scottsdale (Thompson Peak Pkwy & Frank Lloyd Wright) for the Phoenix Open 3 years in a row (2015-2017)

I charged $2,100 per week and had it filled all 3 years. My mortgage was only $1,000 a month and it was a nice chunk of change.

I wonder what the market is now?

Not sure on the open, but I have family wanting to rent their 3 bed/3 bath home in uptown for $3-4k/night during the super bowl. Rental market is very different now than Pre-COVID. It's gone insane.

[AYounglove10]

Originally Posted by Ex_Stig

Out of pure curiosity, what would a '22 M5 CS rent out at for a week?

*I have zero interest in actually doing it, just wondering what people would pay.

Realistically, during the open week probably $3-400/day. Maybe more. Color and spec of the car does matter for these things. The CS is definitely an enthusiast vehicle, meaning the general public may not be able to differentiate from a normal M5, which is why you're not seeing more on the daily rate. There will be enthusiasts who recognize the car, but they'll be few and far between.

We have to market in layman's terms. People know Tesla, mustangs, Camaros, mclarens, and even bmw M products, but not necessarily the special derivatives within those vehicle classes.

[Tyga11]

Originally Posted by AYounglove10

Realistically, during the open week probably $3-400/day. Maybe more. Color and spec of the car does matter for these things. The CS is definitely an enthusiast vehicle, meaning the general public may not be able to differentiate from a normal M5, which is why you're not seeing more on the daily rate. There will be enthusiasts who recognize the car, but they'll be few and far between.

We have to market in layman's terms. People know Tesla, mustangs, Camaros, mclarens, and even bmw M products, but not necessarily the special derivatives within those vehicle classes.

It looks like there are only a couple of G80x's on Turo right now. I bet you could get $400 a day...

I wouldn't have the balls to do it either (especially during the Open / SB week) but you can make some good coin it seems like?

[Ex_Stig]

Originally Posted by Tyga11

It looks like there are only a couple of G80x's on Turo right now. I bet you could get $400 a day...

I wouldn't have the balls to do it either (especially during the Open / SB week) but you can make some good coin it seems like?

Not worth it to me, but was just curious.

[AYounglove10]

Originally Posted by Tyga11

It looks like there are only a couple of G80x's on Turo right now. I bet you could get $400 a day...

I wouldn't have the balls to do it either (especially during the Open / SB week) but you can make some good coin it seems like?

My cars were typically gone 25+ days out of the week. I'd never see them. Easy math. It can be profitable. Just have to have the stomach for it.

[Tyga11]

Originally Posted by AYounglove10

My cars were typically gone 25+ days out of the week. I'd never see them. Easy math. It can be profitable. Just have to have the stomach for it.

We're having a 'meetup' on 10/15 if you'd like to join...check out that thread

[AYounglove10]

Originally Posted by Tyga11

We're having a 'meetup' on 10/15 if you'd like to join...check out that thread

I will try to be there. I believe that'll be moving day for us.