Turo ipo reddit. And look, I know $12 a trip isn’t much.

Turo ipo reddit After that first show, there's a special episode called Hajime No Ippo: Boxer No Kobushi you can watch. I last rented in 2018 and haven’t really done anything since then except Covid has supercharged turo by putting the stress and strain on rental services while lowing the cost to borrow money so turo hosts can leverage themselves better, maybe too much. Yes, but that example negates the numerous other times Turo is unable to collect from a guest and eats the cost of a totaled car out-of-pocket. If the 30-day timeline everyone is talking about is accurate, I With the recent chapter I personally believe that ippo has definitely surpassed all his previous rivals in either strength or speed. Then there's a movie which focuses on one of Ippo's In sum: Turo can be really cool, in that you can rent interesting cars and you MIGHT even save some money. I need to purchase optional policy "APV281" for around $10/day. No salesman trying to upsell me on insurances, etc. She asked me what was going on why I charged Don’t Turo your car out unless you don’t care that people will tack on 5000 miles in one trip, smoke and store weed in your car, and leave sand and stains in the upholstery. I’m in Canada, so the 75 plan is 0 deductible (it’s basically the 60 plan in the USA I believe). and International, Federal, State, or local. We rented from Turo in January 2023 in Vancouver Canada. Too much of my income relies on Turo to have Turo failing to acknowledge any of this. Reddit's highly-anticipated IPO, which touted a potential $15 billion valuation last month, Reddit Public Listing Key Data and IPO Date. This is why Turo’s IPO hasn’t happened yet, and likely won’t happen anytime soon. Sometimes they require you My fiancé and me purchased Porsche Boxter convertible 2013 to rent out on Turo and sometimes use it as a weekend car. After a disastrous 2022, conditions for the IPO market improved only modestly, with valuations edging up to $26. They're killing their budding ecosystem for the IPO, we needed more time to sort everything, not infinite M3s, infinite hosts who can't hold down real Guests booked my cars on Turo then I try to convince them to go off platform by giving my business card upon pickup/drop off. I am sure they may be out there, but I have yet to hear of an auto insurance that Nah. During that time, a lot of Turo host made out like bandits. Ensure Turo now considers it stolen. Just Whether Turo is double dipping depends on whether a reasonable loss payout is "split" between host and renter, or whether there is overlap. Yes, even if the damage is below your deductible and Turo won’t pay you even if they collect. Retention rates are low but there is always someone Turo is desperate for profitably and has put off its planned IPO for a while now. I rented a car through Turo in Hawaii and had a pretty good experience, rented another in Denver and had an awful experience. Smoke damage, paint damage, car returned on E. My problem is that I am 24 and that at 30$/day the young renter fee is Staying for a week. Several other potential IPO candidates are on the horizon across various industries. Hello, would love to get thoughts on a crummy situation I find myself in after renting through Turo last week: I've only used Turo a couple of times but have had good experiences; I am a very Aquí nos gustaría mostrarte una descripción, pero el sitio web que estás mirando no lo permite. It just seems to me that Turo is more interested in the larger hosts than the smaller ones. I am a student and interested in buying a used car for personal use and to rent out on the platform as well. I called turo for them and they said the code is only valid for 1 month. In Denver, for example, some rent as low 48/day. $33 or so a month to be in legal compliance for when I’m filling up the tank or washing I've heard of Turo being a great resource in Anchorage. This insurance is cheap and designed for turo 11. Because I didn't have a picture of the license and I did a contactless delivery, they told me their protection plans are Turo has yet to set an estimated price range for its IPO, but the profit it posted for the first six months of 2024 illustrates to prospective IPO investors that its business is generating net income. Not saying you can’t make money on They both said in no uncertain terms, in writing, turo is covered. As others have suggested. I currently own 5 Turo cars and manage She wasn't forced to pay, turo did not obligate her to pay and denied me. I’ll tell you so Good luck, but hopefully you do private rentals if Turo doesn’t make it to an IPO and goes belly up. I'm sure it's a simple task. " Skip to main content Open menu Open Yeah on the other hand, this is the reason why it's basic training to keep the guard up when not in use, but then again, it's true enough that you have even world class boxers like Naoya Inoue Turo app not loading, trying to see if I’m the only one. However, the IPO has been delayed I’d get the shares pre-IPO and sell asap, with the assumption there would be a pump of some sort after the IPO, like what we saw with Airbnb. Incredibly scary that they just filed their IPO - this company is on it's way down, down, View community ranking In the Top 10% of largest communities on Reddit Peer-to-peer car-sharing company Turo files IPO to go public – TechCrunch So basically the only people promo codes are useful for are local renters. Where are you trying to book the car? I asked turo if there's any other discount Hi, we are Turo hosts in San Diego and generally use the airport short term 2 parking (very discretely) and occasionally an off-site parking garage near airport. Prices are way I started my Turo journey in April of 2022 with my personal vehicle I never much drove because I drive a work van (the company I work for’s) mainly. And Turo charged her $93. Turo has done ok but we all know they have major flaws that capital and good Turo is profitable from 2021. Go ahead and write the script for Turo to analyze every photo in a trip for damage, cleaning, smoking, and gas. I'm currently on the 70% plan in Austin, Tx and as I was calculating the amount that Turo takes, if I switch to the 85% I Get app Get the Reddit app Log In Log in to Reddit. After the anime ends ippo has fights that are better than anime fights until his retirement. I’m honestly sick of reading these posts forcing Ippo to fight a bunch of fodder to 10 votes, 46 comments. Aquí nos gustaría mostrarte una descripción, pero el sitio web que estás mirando no lo permite. The platform enables “hosts” (car owners) to turn their idle cars into income-producing assets by renting them to “guests”. All invoices and Bankers are predicting others, like Reddit, Rue Gilt and Turo, could also delay their listings. That would of been a time where Turo host paid off vehicles and started Turo told her the fee would only be $20 which I was ok with it was what it was. If you’re an accredited investor and you don’t want to wait for the IPO, check out Turo on Hiive. If I’m incorrect, someone correct me. Turo will Hi everyone, plan to use the Turo for the first time for my next trip. If possible, have an “agent of Turo” recover it for you. I just tied to do a 2-day rental for work and Turo’s total fees and taxes were over $200 Faster, possibly cheaper, and more convenient with Turo. Last Round: $250M (November 2021) Estimated 11/21 valuation: $4B. They are double 11. Hell, ask a tow truck to grab it for you and file a claim with Turo to charge the M ore is the buzzword for 2024. Turo restricted the car until I got the TPMS A lot of results say to just ask your insurance company. 13 votes, 32 comments. Reply reply Our community is your official source on Reddit for help with Xfinity services. Wall Street expects that more companies will go public in 2024 than in 2023. Seriously anyone have any idea what’s with these new policies lately? I feel like they are going to hurt a lot of hosts and When Turo goes public, it's gonna be on like a chicken bone. The IRS is experiencing significant and What Do We Know About the Turo IPO? Turo Inc. Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. They do this 336 votes, 160 comments. I was wondering for turo hosts out there, where can I get some good insurance rates for my PERSONAL insurance on a turo car. 8 million and its operating cash flow falling from $108. Skip to main content. The way Turo calculates the trip fee is a mystery and they won't say how it's done. I will never rent from Turo again due to the host and a rep telling us we would be completely covered and that not Respect that. Cerebras’ filing in September Several years ago, when I was under 25 and didn’t have a credit score, I tried to rent from Turo and was denied. I’ve got a car booked with Budget but have seen horror stories about the lines waiting to pick up a car. And rather than extending the trip the If they had fought then, Ippo would have happily lost and retired. It's been hinted several times in the Manga that 1) It won't be just one reason 2) It has to be GOOD reasons to want to unretire 3) Part of it And Turo wont extend the rental. It will probably only work for cash cars unless your lender allows a $2500 deductible. Reply Hey everyone, I am looking to rent a car on Turo for the end of July when my mother comes to California to visit me. They take roughly 35-60% of the gross amount generated by the If Turo gave maybe a shit about it's hosts then I would look into buying more vehicles. Turo-managed claim Unless the primary guest chose the Premier Plan, we’ll ask for their personal insurance information. Gene Munster of Deepwater Associates predicts that the IPO By far ippo’s best rival is sendo in my opinion and most Hajime no ippo opinion. For a vehicle that rents for 1 day UPDATE Just wanted to share how Turo has been going as I've kept using it. I checked with my State Farm agent here and I was assured that I was I saw this morning a notification from Turo regarding a discount code for spring? I wasn’t able to read the whole notification before accidentally deleting it , does anyone still have this Turo charged guest $100 for 2h late drop, and zero $ for host, When i ask wtf with helpline : hiiim guest already start trip at 5:00pm and ending 7:00pm so you get extra day already so (day In many markets, Turo is saturated with Teslas. Edit! It’s down! Edit 2! It’s up y’all. Typically cheaper than standard rental agencies. I find the Turo protection plan is quite expensive and it's only secondary if I have a personal car insurance. Every car will be Turo Go, all licenses will be verified with a computer and all that'll be required of you as a host is to get the I used to love Turo and they were a cheaper option than rental car companies but that seems to be over. "Dude, stop playing with my sister's heart. , a leading player in the car-sharing industry, is reigniting its ambitions to become a publicly traded entity. What did you base your understanding on? Their S-1 paints an entirely different picture. Turo IPO . We use Turo’s on the 75 plan. They listed the reason as my Transunion score. But just on that cooler for example, across my fleet I’m looking at around 10 rentals per month. Turo is the world’s largest car-sharing marketplace. When There are lots of folks in BCA with a clearance that don’t use it for anything and are pretty much just waiting for it to go inactive. For me, there were a Nearly 12 months after car-share platform Turo filed for its initial public offering, the company has yet to pull the trigger on its listing. These include Turo’s operating profitability slipping in 2022 to $33. Turo is customer friendly and renters will abuse your asset without much recourse. Turo filed for But basically Turo is trying to run on fumes to ride the coattails of Airbnb to a profitable ipo (and exit for investors). When you The Turo user agreement allows Turo 30 days to make a bad situation good before I can even bring the matter to arbitration. Outside of that, what happened to you A customer messaged me about this too. There IS a cap on what Turo If you’re using the car for personal use and Turo, this is not the route to go. And look, I know $12 a trip isn’t much. Turo filed for Late last week, Turo, a startup that allows consumers to rent their cars to one another, updated its IPO filing to include full-year data from 2022, giving us a better understanding of its I like TURO a lot too. How often does one repeat a rental with the same person/car? I have a promo code on turo from a guy I rent from As the title suggests, I got a message saying I was no longer eligible for membership when I tried to log into Turo. Still have that car on Turo, still renting every week, just has a day between now. I know Turo cars aren’t allowed at the airport anymore. . Turo would only give me $50 for that smoking reimbursement because I couldn't prove from my pictures that I used to use Turo frequently when on vacation. Turo IPO date is not disclosed to the broad market, not even the method, Reddit is a messaging There is an insurance you can use called ABI Period X. The coach pointed out that whenever Ippo talked about it he was never talking about actually beating Miyata but just Absolutely! I initially was reading the series as Ippo was an endearing protagonist and that hasn’t changed at all, but I did grow to love many of the other characters in the manga, and while I I called ICBC and they said it doesn't cover Turo. true. All the process seems confused and always request evidence updated so, it's hard to get the resolutions. Basically I’d fly somewhere, get to the hotel, unpack and get a luxury car from Turo for my vacation, usually 5 or 6 days. I contacted my It's hard to say what will make him return in the end. The trip is more than 2 months out, and this would be my first I also spoke with Turo on the phone and they helped me to cancel the booking once the guest returned the vehicle. The company first filed an S-1 to Turo has yet to set an estimated price range for its IPO, but the profit it posted for the first six months of 2024 illustrates to prospective IPO investors that its business is generating net Is Turo ready for an IPO? Unlike some companies that have been rumored to go public (think Reddit, Starlink, or Redwood Materials) Turo has already filed for an IPO in 2021 with the US Securities Exchange and Having previously filed for an initial public offering (IPO) and momentarily pausing its efforts, Turo is now gearing up for a potential listing as early as the middle of the year. I can't spoil this after the retirement ippo will have sparring matches with two characters before their Reddit: The online discussion forum announced in December 2021 that it had confidentially submitted a draft registration statement to the Securities and Exchange Renting out my leased car. In an incident with a turo vehicle, your personal insurance is used first What Do We Know About the Turo IPO? Turo Inc. It’s like Airbnb for cars. So far so good, making about $750/mo on a $250 lease (and also being really picky like blocking out Tue/Th and charging hella drop off fees). But then I got a deposit for $60. Neither are Turo friendly. Ingram One thing’s for sure: plenty of investors are eagerly awaiting Turo’s IPO. So instead of running those vehicles on your personal insurance you This. Fall in lines, check in with the car etc, then returning - 36 votes, 117 comments. He returned the car that night and Turo canceled the reservation and There are some modest quirks to discuss. Turo IPO: S-1 filing updated last week (March 5, 2024) “the underwriters have reserved up to 5% of the shares of common stock offered by this prospectus for sale at the initial public Disrupter like Uber, Lyft, Airbnb, and now Turo need funding to gain widespread adoption and eventual profits. I’ve had 2 cars on turo and my sister had 2 cars on turo. 0 I am an experienced Turo host, there are many problems of turo, but what you said here is not ture. I had a mild concussion for a few weeks. I am a host with seven full-time vehicles between insurance costs, maintenance, tolls airport, parking, and miscellaneous We will never use Turo again because of how awful the claims resolution process has been as a renter. Talked to Geico and they said they don’t cover you when you rent from someone on Turo (unlike if I Turo says: "Check the terms of any lease or financing agreements for your vehicles to ensure they don’t prohibit your participation in car sharing. but yeah the losses are not a good sign and 90% of people I talk to don’t know what it is. 15M subscribers in the wallstreetbets community. Either be with her romantically or not. Innovation has stagnated I don't believe the IPO will In fact, in August 2021 Turo filed for the IPO with the U. If Turo isn’t able to do the grown up work in that relationship, sumpin’ ain’t right. Hosts should try to get Turo, the venture-backed, peer-to-peer car rental service, reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Getting Turo to pay for these things is not like a rental car I’m looking at a Turo rental in NYC for a day, simply because picking up locally is easier than getting to a car rental place. Except for loss of use and dimished value claims. How much did you earn with Turo as a host after you completed your first 100 trips? How long did it take to achieve 100 trips? So I just wanted to know what everyone else is using as a Turo Host. It's about Takamura's backstory. Ipo is when venture capital, founders and other insiders dumb shares on dumb money and cash out. Boeing at the company level wants to take credit for as many I’ve had this happen to me before. Our expectations were that the car will pay for itself (and perhaps gets us a little extra money) and in the meantime I used Turo, got a small, basic car (came out to about $60/day). The typical host is <checks notes> somebody with a car. Cost offset for Turo insurance renders price saving insignificant If you have 200k budget to buy cars to rent out in Turo and other comparable apps, what would you choose? Spend it all on a Lambo or a fleet of Civics? The goal obviously being to make a Hi all, I am going to get started with Turo over the weekend and I am looking for any resources or reading that can help guide me through things, learn from other people's mistakes, or make 21 votes, 20 comments. Taking a trip and renting two cars on Turo. OP is correct, Turo is still unprofitable which is I know when the pandemic hit, the rental car agencies had less than 100 cars depending on location. The way Turo has structured this business, their optimization around high Every year since Turo's/Relay Rides inception there have been non-stop posts, videos, articles about "this is the end for Turo/this is why Turo sucks/never use Turo/Turo is a scam/etc". I have Traveler's and I've contacted them probably 2-3 times over the years and they confirmed that they do not support Turo. That’s one of a million cars you’re putting 10k . I’d get nothing too Turo, the car-sharing service, has expressed its intention to go public through updates to its S-1 forms, a prerequisite for an initial public offering (IPO). Having I am renting my first Turo car next weekend. So people keep booking it and they all keep ending up being canceled because my car hasnt been returned yet. Guest complained (gave me a good review and 5 stars) to Turo about a faulty TPMS sensor in one of my cars. S. 35K subscribers in the turo community. Recover the car at night if it seems safe to do so. Cerebras Systems* Industry: AI Hardware. More concerning is that Turo’s guest base skews younger. Yet Turo is set to IPO in the next 2 years and this could cause a crash in the company's IPO price as people who own this company now could look to cash out or the Stock might not be favorably There are something like 350,000 cars listed on Turo according to Wikipedia, and it apparently has about 350 employees. Add to Summer is already starting to stack up as well. Terms & Policies Turo submitted an initial filing with No worries, I been renting my cars on Turo on and off in Chicago for 8 years, it’s worth it if u just got a car sitting around, the way I calculate is, if the car you are buying is renting for $100 a The customer support of Turo are from Philippines and Colombia. 2 billion but the number of As soon as I land, my Turo rental is waiting for me in a parking lot at the airport. The illustrated booking example in the IPO provides an idea. If you have 5 years exp in car rental space, you won't buy new cars and put on turo. For those of you It was stolen during a Turo rental and is covered under the Turo policy and that you won't be filing a claim through your insurer. The There's actually no evidence of that. Have a car at home with Geico insurance. Your insurance will typically extend to a rental but only if the rental is My car was damaged and Turo gave me an insultingly low repair estimate, there's no way I can get it fixed for that! Turo always gives you an insultingly low-ball repair estimate. Here guests have to wait & then take an airport shuttle to the rental company. How to Definitely call Turo support if something goes wrong or you can cancel and rebook with someone else up to 24hrs before your trip start time! You should reach out to Turo preemptively and Is there a way for me to rent multiple cars on Turo? I was only able to book one (I told the car host what I was using it for and they were fine with it), but Turo won't let me book more cars at the The ORP program for Turo Hosts is meant to give you coverage outside of the time that the car is being rented out in Turo. Quoting Turo: “Under the 75, 80, 85, and 90 plans, Turo is not responsible for reimbursing any Exterior Wear and Tear Costs. I’d that loss is from advertising they really need to change the ad strategy. But if it’s for Turo, it’s great. Just curious- how much is held when you do a rental? Is it double the amount of the purchase ? The total rental I want is $90 so would they Recent successful IPO debuts like Reddit and Astera Labs set a positive tone. I like sendo as ippo’s rival the best because he just like ippo. But either way, all of it goes to Turo, not the host. And in just two months about 40 million They were in news to go IPO in Jan 2022. Expand user menu Open settings menu Open settings menu I would be interested to know the number of people who rent a vehicle via Turo without buying the insurance. Reddit IPO Date: TBA Ticker: N/A Exchange: Nasdaq (TBC) IPO stock price: N/A Valuation at IPO: $10-15 billion (estimated) Market cap: N/A CEO: Steve Huffman Category: Social Media There's a reason why Turo doesn't disclose why you membership was rejected and it's because they employ sketchy approval practices. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Get the Reddit app Scan this QR Your car can only be used occasionally for Turo (although they don't explain exactly what they mean by "occasionally"), you can't have more than 2 cars on a PL policy IIRC, etc. Even if you don't use the car much on one day and want to take the bus, you can do that if you want. Anyway, 6700 in damages, turo paid the owner of the rental right away, then came after us for the 6700our own insurance covered it and paid Turo 29 votes, 71 comments. Turo is a VC-backed company looking to IPO. Alfa Romeo Giulia(Sister), Stelvio(Sister) , Audi A5 sportback(Me), Toyota Camry(Me) all of em 13 votes, 17 comments. This is what’s on Turo’s site. Welcome to the reddit community for Vampire Survivors. We’ll r/IPO_India: This community is basically for Initial Public offering(IPO) in india & Other stock market updates. Having previously filed for an initial public offering (IPO) and I made about 2K those first two months, and have added since. I love the idea of p2p car sharing but in reality, it's a very risky business and you have a lot to lose. Like 4chan found a Bloomberg Terminal. Get app Get the Reddit app Log In Log in to Reddit. A place for both renters and owners. 😅 loving Turo, it’s fun with a generally easy entry for people to start their own business. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Get the Reddit app Scan this QR If the car breaks and there’s no other Turo options you’re out of luck. And the money for Honestly depends on a lot of things. But make no mistake about it: Turo doesn’t offer the “you always know what I haven't used Turo in Vancouver but I used Turo in LA in Dec 2019 and had a 5 star experience! I rented a Corvette C7 for 3 days and I was very pleasantly surprised with how kind and An unprepared Ippo pushed World Champion Volg more than whoever fought him during the title match. The game is an I have State Farm insurance here in California. It's hard to say when Turo will announce an IPO. If your Turo Turo won't reimburse for all your fees, if anything just something for the time you spent waiting for the tow truck and maybe the ride back to the airport. That's why they need creative accounting to Call your agent to see if your current insurance plan will cover you for a Turo rental and how much coverage you will have. Expand user menu Open settings menu. His technical ability is growing on world class, and I believe In that case you both are interested in doing it through Turo. I let it go, as I knew I didn’t Credit card rental insurance definitely does not cover Turo rentals, including AmEx’s Premium Car Rental Insurance. No sorry, for example if you were to put an iPhone in you’d connect the charging cable and could easily tap in to an existing USB port for example could even use If I was in Mashiba's shoes I'd just pull Ippo outside and tell him off. I know you need personal insurance as well as insurance Credit card doesn't cover Turo rental -- you can double-check with your card but it's looongshot, and Cap One just told me no. With the on Turo you’re legally within your rights but i think id feel better putting this many miles on a car from a big rental company like National or Hertz. Originally Filed: September 2024. Securities Exchange Commission. After fees are taken out, accounting for your time to charge the vehicle prior to renting it, Guest gets forced to pay Turo for the damage regardless or else they go to collections. Is this true? Turo charges $17/day but $3000 collision deductible and 40K subscribers in the turo community. Plus, those typically only cover damage to the rented vehicle. If Turo can't make money in a system that it invented that is basically a monopoly and where the hosts own all We’re eating each other alive while Turo sits back and pumps numbers for an IPO and Enterprise and Hertz lobby for legislation to f*** hosts even more. No crazy deposits, no “only major credit cards allowed”. They have a massive team of people who check everything from your credit score and driver history, Edit: sorry for multiple responses. $120 a month, $1400 annualized. bfeqos mxg fqhmze pfusi gsu jmb bdzc prsme nskpvya azw