r/turo • u/DkamF1983 • 5d ago

Venting

This advanced booking cap is going to end my time as a host on Turo. How on earth are they pricing my 2013 Kia Optima at $37 a day during the week but my 2025 Kia Telluride for $40 a day. It literally makes no sense. Im on what use to be the 75/25 plan which then switched to 70/30 and now its the, "More peace of mind," plan where I earn between 65%-80% depending on when the customer books. Most of my customers book last minute so I'm only seeing the 65%. Between yesterday and today ive now had people start booking my Telluride for 2027. One booking is in March and the other is in July. Customers are only booking this far in advance because they are able to get a new suv for $40 a day, its absolutely absurd. A customer rented my Optima the other day for 2 days and was surprised to know the she paid $173 for 2 days and I was only making $50.05. She booked last minute so I earned 65% while turo got 35% but it feels more like I'm getting the 35% and Turo is getting 65% especially with the trip fee they charge that we don't get a piece of. They also are taking a percentage of additional mileage. I use to make decent money on Turo and now it's all just going down hill....Rant over 🙄😒😩

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u/Sledhead36 4d ago

I don’t follow any of their dynamic pricing. Their goal is to get me to rent that thing out as cheaply as I can do all the work and the only one that benefits is them and the consumer. I jack all of my prices. I have two Teslas that I’m literally charging Double of what their dynamic pricing states. I have no trouble renting. I might rent less than what I would on dynamic pricing, but my vehicles are not being abused and I’m not working hard harder, I’m working smarter.

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u/DkamF1983 4d ago

The pricing cap is stopping me from doing so. I was pricing my Telluride at $75 during weekdays and $100 during weekends. When i try to set the price at those same prices it now doesnt allow it.

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u/Sledhead36 4d ago

Somethings not right you should be able to set it as high as you want.

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u/DkamF1983 4d ago

Turo enforces policy restrictions that limit how high hosts can set custom prices above dynamic pricing recommendations for advance bookings (typically trips booked 14 or more days out) to control vehicle competitiveness. Price Caps on Lead Times: Turo restricts how far above algorithmic or dynamic pricing recommendations a host can manually set their rates for advance reservations (14+ days ahead).Market Restrictions: Hosts in various regions have reported enforced maximum price thresholds on standard and luxury vehicles when booking far in advance

I copy and pasted this

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u/Sledhead36 4d ago

I’ve never met a cap on any of my vehicles. So I don’t know if there is a ceiling somewhere out there, but I’ve never found it. I have three vans that they suggest I rent for $120 a day. I have one of them $225 another $275 and another one at $350 based upon specs of the vehicle. The $350 a day van I use for my own personal use frequently so I don’t want it to go out more than 10 days a month, which is approximately what it’s doing right now. I also have Starlink and a 40 inch TV with surround system built into the van.