What is the stock price of Turo?
What is Turo’s stock price? Turo is a private company, meaning it does’t have a publicly traded stock price. However, as of 08/22/2025 the Turo Forge Price is $11. The Forge Price is a derived price calculated for private companies like Turo to provide insights into their current valuation. Turo’s business soared at the end of the Covid-19 pandemic, when traditional rental car prices were higher. While there are some owners who rent out cars they otherwise would be driving themselves, many of the people renting out vehicles on the platform own vehicles with the intention of renting them out.Unlike rental car companies, Turo is a peer-to-peer car rental marketplace where you can rent directly from trusted local car owners in the US, UK, Canada, Australia, and France.How to invest in Turo? Turo is a privately held company. This means only accredited and institutional investors can invest in the company before its IPO. Investors seeking exposure to Turo can invest indirectly via venture funds and investment syndicates, or purchase shares directly on pre-IPO marketplaces like Hiive.To rent a car on Turo, you must create a Turo account, have a valid driver’s license, get approved to drive on Turo, and be 18 years old or older in the US, 21 years old or older in Australia, or 23 years old or older in Canada.
What is the oldest car for Turo?
Your vehicle can’t be more than 12 years old, with exceptions made for classic or specialty vehicles. As your vehicle ages, you must maintain your vehicle and continue to meet our maintenance and safety standards. Vehicle must be less than 13 years old before you complete the listing. Susan Williams the 12 years is what I struggle with… 2025-12 is 2013, but if you count 2013 as a year it’s over 12.Vehicle condition Your vehicle can’t be more than 12 years old, with exceptions made for classic or specialty vehicles. As your vehicle ages, you must maintain your vehicle and continue to meet our maintenance and safety standards.
Does Turo have luxury cars?
Yes, there are luxury cars available on Turo at locations near airports across the US, UK, Canada, Australia, and France. To save time and hassle, skip the airport rental car counter and have your exotic vehicle rental delivered to you. Turo is the world’s largest car sharing marketplace, where you can book the perfect car for wherever you’re going from a vibrant community of trusted hosts across the US, UK, Canada, Australia, and France.Turo is a peer-to-peer car sharing platform that allows car owners to rent out their own cars to regular people. Think of it as the Airbnb for cars. The global car sharing market is booming, with a projected annual growth of 20% through 2032, according to Allied Market Research.One of Turo’s biggest selling points is its cost-effectiveness. Rental rates are set by each vehicle owner leaving a wide range of price points open for those looking to rent. In my experience, finding a rental on Turo has been significantly cheaper than using a traditional service.You can book a car with a Turo host in the United States, Australia, France, or the United Kingdom. You can also book a car in the Canadian provinces of Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, and Quebec.If you’re looking for a car-sharing platform Turo is the best known with the largest presence, and you’ll find its platform across a few different countries. Car Shair, meanwhile, offers a variety of rental cars in specific locations — and you may even find a deal or two on a high-class vehicle.
Does Turo track their cars?
Turo requires hosts who list a vehicle with a fair market value of $125,000 or more to have an activated OEM tracker and when requested to provide data, including the vehicle location, to Turo, our third-party partners or vendors, law enforcement, and any other authorities involved in an open investigation. The Turo system will calculate and charge you in equal installments every 30 days based on the trip’s average daily price. The system will apply any available travel credits, gift cards, and/or prior payments to new trips to the total trip cost before calculating your payment plan.How payment works. It typically takes our payment processor, Stripe, three business days to confirm and process payment. Once Stripe has confirmed, Turo will initiate payment to you in your native currency. If you have a trip that lasts longer than a week, we’ll make weekly partial payments.When a guest books your car, you’ll get in touch with the details. The Turo app walks you through everything you need to do. You’ll get paid by direct deposit within three days of each trip. You’ll earn 65% or 75% of the trip price, based on the level of Turo protection you choose.When you create an account on Turo, we’ll ask you to add a current, valid credit card or debit card; we don’t accept prepaid cards, except for Revolut. Once you’ve added a payment card, we’ll display it on all payment screens as your default payment method.
Does Turo own any cars?
Services. Unlike traditional car-rental services, Turo does not own or maintain any cars. Andre Haddad is the CEO of Turo, the world’s largest peer to peer car sharing platform.On Thursday, peer-to-peer car rental platform Turo became the latest venture unicorn to withdraw plans for a public offering.Who Owns Turo? Turo is backed by a consortium of investors, including IAC/InterActiveCorp, August Capital, Canaan Partners, G Squared, Shasta Ventures, and GV Management Co. These stakeholders have collectively supported Turo’s growth and strategic direction, propelling it towards the upcoming IPO.Turo Go allows hosts to offer contactless rentals, enabling guests to unlock and start vehicles using only their smartphones.Turo Inc. American peer-to-peer carsharing company based in San Francisco, in the United States.
Why is Turo so much cheaper?
Because much of the rental price goes directly back to the car’s owner, more money stays in local communities. Turo often offers a range of cars, from a tiny Smart Car to electric vehicle rentals to flashy muscle cars. Turo is the world’s largest car sharing marketplace, where you can book the perfect car for wherever you’re going from a vibrant community of trusted hosts across the US, UK, Canada, Australia, and France.Yes, there are vintage and classic cars available on Turo at locations near airports across the US, Canada, and the UK. To save time and hassle, skip the airport rental car counter and have your classic car rental delivered to you.Our calculations show that the trusty Fiat Punto is the most profitable model to share on Turo in the UK. This compact supermini is a handy city car that’s user-friendly and efficient. It’s a good pick for Turo guests who simply need an affordable A-to-B car to zip them around, and it’s easy to park in tight spots.You can book a car with a Turo host in the United States, Australia, France, or the United Kingdom. You can also book a car in the Canadian provinces of Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, and Quebec.