People in San Francisco are leasing their Teslas and supercars to strangers in order to afford owning a car in one of the most expensive cities in America
|07/18/2018||Posted by BusinessMediaguide.Com under General World News||
- Turo is changing the economics of owning a car in cities like San Francisco.
- Car owners list their vehicles on the platform and lease them by the day.
- The average host in San Francisco makes $672 a month on Turo, more than enough to cover the national average monthly car payment on a new vehicle.
- One “power host” says her new Tesla Model 3 costs her practically nothing, because she recovers the cost by renting it to strangers via the Turo app.
Veronica Tran and her boyfriend were on the fence about buying the Tesla Model 3.
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