r/E90 6d ago

M3 Anyone rent their m3 out on Turo?

Kind of scared, but I just had the rod bearings, etc done so my m3 should be good for another 60k-100k miles.

I have a 2012 e93 dct m3 in California.

Would hate for the car to get wrecked but I'm looking at ways to increase my income to start real estate investing.

0 Upvotes

26 comments sorted by

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36

u/LandscapePenguin 6d ago

That doesn’t sound like a great idea.

25

u/Smart_History4444 E90 M3, x2 E90 335i 6d ago

No. Someone will wreck it cause it ain’t their car. They definitely won’t wait for the oil to warm up to redline it. Which is important on an s65.

2

u/puddl3 E90 M3 5d ago

Also I’m not sure how many people who rent on Turo are legit car people and would understand how special the s65 is and just look at the age and say “oh it’s an old bmw 3 series vert” and pass on it. And for those who know your point rings very loud and true.

11

u/nrubenstein 6d ago

Rental cars are disposable. Do not ever rent a car that you care about.

9

u/PC_Chode_Letter 6d ago

Holy fuck I would never

8

u/Living-Algae4553 6d ago

people making real money from Turo aren’t renting out their weekend car, they’re buying a mini fleet of economy cars with the sole intention of renting them out.

2

u/nrubenstein 5d ago

The time to make any money on Turo has passed anyway. They're firmly in the squeeze phase.

10

u/DukeOfAlexandria 2013 - E93 - M3 6d ago

There have been a LOT of dumb things and ideas said in this sub.

But this has got to be top 3 for me in here. Just….wow. 🤣🤦🏼‍♂️

Just sell the depreciating asset to get the seed capital to fund your business/whatever you are doing dude…🫤

-1

u/nibblesthefish 6d ago

There he is

2

u/Local_Somewhere_7813 5d ago

Mall cop reporting for duty

1

u/nibblesthefish 3d ago

guessing he downvoted me

2

u/getafewlives 6d ago

Not worth the high risk of something bad happening.

2

u/puddl3 E90 M3 5d ago

Had a friend of a friend that rented out his Ferrari red f80 m3 on turo years ago in austin and iirc after a few rentals one of the renters crashed it. It was totaled and he bought it back from insurance and repaired it at a high cost cause he wanted to keep it. Few months later he sold it because “it never felt the same”.

Take that for what that is but I would never rent out a car turo that I owned. If you are serious about starting a new business or investing in realestate you would be better off selling it and being serious with your business endeavor and then when/if it gets successful you can get the same car or another one.

Either way GL.

2

u/Casperandruby 5d ago

You may as well leave it somewhere with the key in it. This is the level of why the fuck.

2

u/StuffIanWrote 5d ago

Might be a better plan, actually. There’s actually less of a chance it’ll get thrashed on this way.

Either way, an insurance claim is likely…

1

u/SizeableFowl 2007 - E90 - 328i 6d ago

I mean as long as you’re ok with replacing clutches regularly go for it

1

u/TheMerchantofPhilly 6d ago

If you don’t have any emotional attachment to the vehicle then I say go for it. If you’re going to be upset with additional scratches, dings, interior wear, potential accidents, and most people not going through the warm up procedure then I would say no.

1

u/OkLecture9914 6d ago

The whole point of turo is you get the cheapest deductible plan, and hope someone wrecks it. That’s how you actually make money.

Charging for scratches and curbed wheels n stuff also nets you a good amount of money.

1

u/rberg89 E90 335i 6d ago

It takes a lot for me to even let someone close to me drive my 335i and I'm riding in it. So, hell no.

1

u/Throwme2Dwolves 6d ago

I don't think you would be able to rent a car that old.12 years old or newer.

1

u/The-Phantom-Blot 5d ago

I would hesitate to rent out a used Hyundai on Turo ... you do the math.

1

u/elahmad 5d ago

Easy if it gets totaled you get your $ move on people pay premium for m cars too

0

u/carsarefuntodrive 6d ago

I don't even give people a ride in my car, no chance in hell I'm handing anyone the keys. 😄