Car Sharing Revenue Calculator
Estimate Turo-style car sharing earnings accounting for platform fees, insurance, mileage depreciation, and loan payments.
About this calculator
This calculator models monthly and annual profit from listing a personal vehicle on a peer-to-peer platform like Turo or Getaround. Gross revenue is simply your daily rate times the number of days rented per month, annualized by multiplying by 12 — it does not model seasonality or rate variation across the year, so treat the annual figures as a steady-state projection at your current booking pace. The platform's commission is taken as a straight percentage of gross revenue, matching how these marketplaces actually structure their host payouts.
Depreciation is the more nuanced piece: rather than using a flat monthly wear estimate, it multiplies your expected rental days by average miles driven per rental to get annual rental miles, then applies a per-mile depreciation rate to that mileage specifically — separating wear caused by renters from any depreciation you'd absorb regardless of listing the car. Net monthly profit subtracts the platform fee, insurance, mileage depreciation, and any loan payment from gross revenue, and annual ROI expresses that profit as a percentage of the vehicle's current value, not its purchase price, so a car you already own outright will show a very different ROI than one you're still financing. The effective hourly rate is a rough estimate assuming one hour of prep (cleaning, handoff, messaging) per rental day; if your actual turnaround takes longer, your true hourly return will be lower than what's shown.
Inputs
Results
Monthly Profit
$468.75
Annual Profit
$5,625.00
How to Use This Calculator
- Enter the vehicle value ($) and your daily rental rate ($).
- Set the number of days rented per month and the platform fee (%).
- Enter monthly insurance ($), monthly loan payment ($), and depreciation per mile ($).
- Review monthly gross revenue, platform fees, net income, and annual yield.
- Compare net income to your financing cost to confirm positive cash flow.
How the result changes with Daily Rental Rate ($)
| Daily Rental Rate ($) | Monthly Profit | Annual Profit |
|---|---|---|
| 33 | $108.75 | $1,305.00 |
| 49 | $288.75 | $3,465.00 |
| 98 | $840.00 | $10,080.00 |
| 163 | $1,571.25 | $18,855.00 |
What each input means
- Vehicle Value ($)
- Current market value of your vehicle for ROI calculation.
- Daily Rental Rate ($)
- Your listed daily rate. Turo averages $50-80/day for mid-range vehicles.
- Days Rented per Month
- Expected rental days per month. Active hosts average 12-18 days.
- Platform Fee (%)
- Platform commission. Turo: 15-40%, Getaround: 40%.
- Monthly Insurance ($)
- Additional commercial or rideshare insurance cost.
- Avg. Miles per Rental Day
- Average miles driven per rental day by guests.
- Depreciation per Mile ($)
- Mileage-based depreciation. IRS rate is $0.67/mi total; depreciation component ~$0.12-0.20.
- Monthly Loan Payment ($)
- Monthly vehicle loan/lease payment. Set to 0 if paid off.
What each result means
- Monthly Gross Revenue
- Total monthly income before any deductions.
- Platform Fee
- Monthly commission paid to the car sharing platform.
- Insurance Cost
- Monthly insurance expense.
- Mileage Depreciation
- Monthly vehicle depreciation from rental miles.
- Total Monthly Expenses
- All monthly costs including fees, insurance, depreciation, and loan.
- Monthly Profit
- Net monthly income after all expenses.
- Annual Profit
- Projected yearly net profit.
- Annual ROI
- Annual profit as a percentage of vehicle value.
- Effective Hourly Rate
- Your profit per hour of work (cleaning, handoffs, messaging).
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersVehicle Value ($) = 25000, Daily Rental Rate ($) = 65, Days Rented per Month = 15, Platform Fee (%) = 25 = 8 input(s) provided
- Calculate Monthly ProfitMonthly Profit = monthlyGrossRevenue - totalMonthlyExpenses468.75 = $468.75
- Calculate Annual ProfitAnnual Profit = monthlyProfit * 125625 = $5,625
- Calculate Monthly Gross RevenueMonthly Gross Revenue = dailyRate * daysRentedPerMonth975 = $975
- Calculate Platform FeePlatform Fee = monthlyGrossRevenue * (platformFeePct / 100)243.75 = $243.75
Engine last updated . Checked against 2 independently-derived tests — how we verify calculators. Built by Paul Gunder, a software engineer, not a licensed financial, medical, or legal professional.
Frequently Asked Questions
Why does depreciation depend on rental days and average miles per rental instead of just being a flat monthly cost?
The calculator multiplies your expected rental days per month by 12 to get annual rental days, multiplies that by average miles driven per rental to get annual rental miles, then applies your per-mile depreciation rate to that mileage alone. This isolates the extra wear caused specifically by renters driving the car, separate from ordinary depreciation you'd absorb whether or not you list it — so a calculator with high mileage per rental will show meaningfully more depreciation than one with short local trips, even at the same number of rental days.
Why is annual ROI based on the vehicle's current value instead of what I paid for it?
Annual profit is divided by the value you enter, which the calculator treats as current market value, not original purchase price. That means a car you own outright and that has already depreciated will show a higher ROI than the same car valued at its original purchase price, since the denominator is smaller. If you want ROI against your original investment instead, enter your purchase price as the vehicle value.
What does the effective hourly rate actually measure?
It divides monthly profit by an estimated one hour of prep work per rental day (cleaning, handoff, and guest messaging), giving a rough sense of what your time is worth per rental. It's a simplification — if your actual turnaround per rental regularly takes more than an hour, your true hourly return is lower than this figure shows.
Does the platform fee percentage affect anything besides monthly net revenue?
Yes — it's subtracted directly from gross revenue as part of total monthly expenses, so it flows into monthly profit, annual profit, and therefore annual ROI as well. Since Turo's commission can range from 15% to 40% depending on your protection plan, moving this single input has an outsized effect on every downstream profit figure.
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