Car Sharing Revenue Calculator
Estimate Turo-style car sharing earnings accounting for platform fees, insurance, mileage depreciation, and loan payments.
Inputs
Results
Monthly Profit
$468.75
≈ 9 tanks of gas
Annual Profit
$5,625.00
≈ 6 smartphones
How to Use This Calculator
- Enter the vehicle value ($) and your daily rental rate ($).
- Set the number of days rented per month and the platform fee (%).
- Enter monthly insurance ($), maintenance reserves, and estimated depreciation.
- 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 |
|---|---|---|
| 100 | $862.50 | $10,350.00 |
| 350 | $3,675.00 | $44,100.00 |
| 650 | $7,050.00 | $84,600.00 |
| 900 | $9,862.50 | $118,350.00 |
What each input means
- Vehicle Value ($)
- 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.
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