“Airbnb For Cars” Expects to be the Future of Car Ownership

Andre Haddad, the CEO of Turo, has a lot of faith in his business plan if he’s letting people drive in his own small fleet of cars. Turo, best described as the Airbnb of car ownership, is a company looking to change up the way people do car lending by managing it through an app, like Uber or those yellow bikes littering the sidewalks. He’s put his Audis and Teslas (yes, plural) to work and has so far made over $11K in 2018 through rental. However, if you’re not keen on sharing cars with other people (or their germs or the way they smell), make sure to browse CarDaddy to find an affordable ride you won’t be forced to share just to afford.   Over the last Fourth of July weekend, Andre Haddad handed over the keys to his cars to seven strangers. While he barbecued with family at home, his Audi R8 and three Teslas carried guests where they needed to go. By Sunday night, they were back in his driveway. Haddad rents out the vehicles on Turo, a person-to-person car-sharing service most easily described as "Airbnb for cars," where Haddad has been CEO since 2011. "I'm a car enthusiast. I have the trifecta of Teslas," Haddad told Business Insider. And he puts those cars to work. So far in 2018, Haddad said he's earned a little over $11,000 renting five luxury vehicles on Turo. He's on track to beat his 2017 earnings. Click Here to Continue Reading

The following article “Airbnb For Cars” Expects to be the Future of Car Ownership was originally published to CarDaddy's Blog

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