Comparing Turo with Traditional Car Rental Companies: Which Is Cheaper?

Turo is a car-sharing program that you may be familiar with. Consider it similar to Airbnb for cars, except that you utilize someone else’s car rather than a rental company to enjoy your vacation or trip.

In contrast to the inconvenience of standing in line for my rental car and frequently not knowing the precise model I will receive, seeing the Toru rental vehicle delivered to the airport after you land also feels like concierge treatment.

We recently published an article that compared Car Sharing vs. Car Rental and outlined the key differences and benefits. In this article we compared car rental from different rental companies in 3 different locations with the equivalent Turo rental and we consistently saved 20–60% when compared to airport rental companies!

Here are the reasons for this:

Turo Offers Wider Selection

Most Car Rental agencies list vehicles that are less than four years old. As a result, you have fewer options and the rental price will probably be more than for a car that is in good shape but under ten years old. Since the owners compete for their older cars to outbid the newer models, If you reserve your Turo vehicles, which are between four and eight years old, you’ll find that you can save a respectable sum of money when compared to companies like Avis, Enterprise, Budget, or Europcar.

This is frequently the main justification for why you’ll find cars from car sharing platforms such as Turo to be less expensive than those from agencies.

Rental Car Insurance

The majority of rental car companies will request payment for rental car insurance that include collision damage waiver and third-party insurance, which can significantly raise the cost of your rental. Turo automatically includes coverage for all of its rentals with Travelers Insurance Company in their rates. You will frequently save more money, including for insurance.

Turo offers a range of insurance protection plans for renters, designed to fit different levels of coverage needs. These plans include Basic, Standard, and Premium options, each with its own deductible and liability coverage limits. All Turo rentals come with at least the Basic liability insurance option, which covers up to $750,000 in third-party liability insurance, with options to add comprehensive and collision protection if needed. Turo’s insurance can be especially useful for renters whose personal auto insurance policies do not extend to peer-to-peer rentals, helping them manage risks and liabilities during their rental period. Don’t want Turo’s rental insurance? You will only pay less for your rental!

When comparing Turo to traditional car rental companies, CarInsuRent plays a crucial role by offering affordable car sharing renter protection, a significant benefit for both Turo renters and those using standard rental agencies. While Turo often has lower base rental costs and a wider range of vehicle options, users may face high deductibles for damages, which CarInsuRent can help mitigate. By providing car hire excess insurance coverage, CarInsuRent allows Turo renters and traditional car agency customers to avoid expensive protection plans directly from rental providers, making the total cost of renting a vehicle cheaper and more manageable.

Don’t Waste Time on Standing in Line at the Airport

Turo will bring the vehicle to you for free or at a cost – A lot of Turo automobile owners either provide free delivery or charge a price. This not only saves a ton of time, but it also eliminates the hassle of standing in line at the airport.

You Don’t Need to Overpay for Unlimited Miles

Car Rental fees can be expensive because they cover unlimited mileage. However, most people don’t require a lot of daily kilometres in order to hire a car. The average person who rents a car actually travels 100 miles per day. The majority of TURO cars have a daily mileage allowance of 200 miles, which should satisfy the distance requirements of most car renters.

Comparing the Cost of Turo with Traditional Car Rental Companies

Are you still unsure if Turo can help you save money? We performed three market benchmarks to compare the costs in three cities, dates, and car kinds.

Location 1: Miami, FL (Miami Intl. Airport)

Dates: November 18-21, 2024

Type: Mid Size SUV – Kia Sportage

Rentalcars.com Prices: $275 renting via Europcar (Image Below)

Rentalcars.com – Kia Sportage Miami Intl Airport

Turo Price Options with Insurance: 2021 Kia Sportage for $187 or $ 216 for 2024 Kia Sportage.

Turo – Kia Sportage Miami Intl Airport

Savings Percentage Range compared to Agency: 21–32%.

Location 2: Los Angeles (LAX Airport)

Dates: December 13–16, 2024

Type: Large car – Ford Fusion

Rentalcars.com Prices: $194 with Budget

Rentalcars.com – Ford Fusion Los Angeles (LAX Airport)

TURO Price Options with Insurance: Ford Fusion 2020 for $ 156

Turo – Ford Fusion 2020 Los Angeles (LAX Airport)

 Savings Percentage compared to Agency: 20%

Location 3: Chicago O’Hare International Airport

Dates: January 6-9, 2024

Type: Premium – Ford Expedition

Rentalcars.com Price: $421 via Budget

Rentalcars.com – Ford Expedition Chicago Intl Airport

Turo Price Option with Insurance: $169 for Ford Expedition 2020

Turo – Ford Expedition 2020 Chicago Intl Airport

 Savings Percentage Range compared to Agency: 60%

Final Thoughts

In conclusion, Turo might be a fantastic choice for anyone looking to rent a car on a tight price. You will nearly always discover an alternative that will be less expensive than a car rental company where you are going if you feel safe driving someone else’s car and it is in good condition.

We hope you found the content enjoyable, and hope your travels are safe and economical!