Turo ROI Calculator

Calculate returns from sharing your car on Turo including rental income, expenses, and depreciation.


How the Turo ROI Calculator works

Analyze Turo rental income against depreciation, maintenance, insurance, cleaning, and time investment costs.

Turo can generate income, but accelerated wear, depreciation, and time costs often surprise new hosts.

How it works

Tutorial

Sharing your car on Turo can generate income, but hidden costs like accelerated depreciation, increased maintenance, insurance, and time investment often surprise new hosts. Calculating true ROI requires accounting for both the rental income and the faster wear on your vehicle. Some cars profit on Turo while others barely break even.

Use the calculator above to analyze your specific vehicle, or follow the steps below to calculate Turo ROI yourself.

The Formula

ComponentFormula
Annual Gross RevenueDaily Rate × Rental Days × (1 – Turo Fee)
Annual CostsDepreciation + Maintenance + Insurance + Cleaning + Time
Annual Net ProfitGross Revenue – Annual Costs
ROI Percentage(Annual Profit ÷ Vehicle Value) × 100

Step-by-Step Calculation

Let’s analyze a Turo car sharing investment realistically.

Step 1: Calculate Annual Gross Revenue

Estimate realistic rental income:

MetricValue
Daily Rental Rate$75
Rental Days per Year (50% utilization)180
Gross Rental Income$13,500
Turo Fee (25%)-$3,375
Net Revenue$10,125

Calculation:$75 × 180 = $13,500; $13,500 × 0.25 = $3,375; $13,500 – $3,375 =$10,125

Step 2: Calculate Depreciation Cost

Estimate accelerated depreciation from rental use:

FactorAmount
Current Vehicle Value$25,000
Normal Annual Depreciation (10%)$2,500
Additional Rental Depreciation (5%)$1,250
Total Annual Depreciation$3,750

Calculation:($25,000 × 0.10) + ($25,000 × 0.05) = $2,500 + $1,250 =$3,750

Step 3: Calculate Maintenance Costs

Account for increased wear and tear:

ExpenseAnnual Amount
Oil Changes (more frequent)$200
Tire Replacement (accelerated)$300
Brake Service$250
Cleaning Supplies$180
Repairs/Touch-ups$400
Total Maintenance$1,330

Calculation:$200 + $300 + $250 + $180 + $400 =$1,330

Step 4: Calculate Insurance Costs

Include additional insurance:

Insurance ItemAnnual Cost
Increased Personal Auto Insurance$400
Commercial Host Insurance$600
Protection Plan Gaps$200
Total Insurance Costs$1,200

Calculation:$400 + $600 + $200 =$1,200

Step 5: Calculate Time Investment Cost

Value your time for hosting activities (180 rentals per year):

ActivityTime per RentalAnnual HoursValue at $15/hr
Cleaning (45 min)0.75 hrs135 hrs$2,025
Coordination/Handoff (30 min)0.50 hrs90 hrs$1,350
Admin/Photos/Listing (15 min)0.25 hrs45 hrs$675
Total Time Cost$4,050

Calculation:(135 + 90 + 45) hours = 270 hours; 270 × $15 =$4,050

Step 6: Calculate Total Annual Costs

Sum all Turo-related expenses:

Cost CategoryAnnual Amount
Depreciation$3,750
Maintenance$1,330
Insurance$1,200
Time Investment$4,050
Total Annual Costs$10,330

Calculation:$3,750 + $1,330 + $1,200 + $4,050 =$10,330

Step 7: Calculate Annual Net Profit

Subtract costs from revenue:

ComponentAmount
Annual Net Revenue$10,125
Total Annual Costs-$10,330
Annual Net Profit-$205

Calculation:$10,125 – $10,330 =-$205

Step 8: Calculate ROI Percentage

Calculate return on vehicle value:

StepCalculationResult
Divide profit by vehicle value-$205 ÷ $25,000-0.0082
Convert to percentage-0.0082 × 100-0.82%

Calculation:-$205 ÷ $25,000 = -0.0082; -0.0082 × 100 =-0.82%

Final Answer:The Turo hosting ROI is-0.82%(negative return)

What This Means

Once all costs are properly accounted for-especially depreciation and time-many Turo operations barely break even or lose money. To achieve positive ROI, you need higher rental rates, better utilization (65%+), or a fully paid-off vehicle. Turo works best for cars you rarely use, not as a primary investment.


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