![]() ![]() Users can sign up with Google, Facebook or Email in-app. The application comes with several features to make it more easy to use and engaging. In such a business model, the owner of the car gives the car on rental basis to the user, who uses the vehicle for a particular timeframe and gives the vehicle back to the owner. Turo work as a peer-to-peer car renting company. To get an answer to the same, let’s first understand the working of car rental apps: But, first, do a bit of research on how these kinda apps work and how much money do you need to create such an app. So, if you are planning to make an on-demand car rental app like Turo – Go Ahead – people are waiting for you. But, the revenue state of the market is sharp to such an extent that there are clear indications of enough opportunities in the pool to set up a sustainable business. There is no uncertainty that various car rental applications like Turo are as of now flourishing in the market and are making millions every year. Also, the market size of car rental business is developing consistently if you see the history. In global comparison for the year 2019, the revenue generated by car rental companies in the USA was the highest amounting to US$21,783M. The apps like Turo and Hertz are now a trend in numerous cities and are working hard to grow their revenues and reach, especially in the USA. The trends in car rental industry will shape the journey of car rental organizations in the years to come. Since their inception, car rental has been the favorite choice of many travelers around the globe. 5250 Views | 5 min | Published On: AugLast Updated: January 25, 2023 ![]()
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