You are viewing a single comment's thread from:

RE: LeoThread 2024-12-07 01:33

in LeoFinance19 days ago

Part 4/7:

  • Car Wash Subscription: $15/month for unlimited washes, vital for maintaining the vehicle's visual appeal.

  • Off-rental Insurance: $60/month covering liability while the car is not rented—offering peace of mind when a vehicle is not actively generating income.

  • Maintenance Fund: George budgets $100/month for routine maintenance such as oil changes and tire replacements.

  • Tracking Device Fee: A hardwired tracker for car security, costing $10/month, which plays a crucial role should a vehicle go missing.

In addition, George discussed Turo's commission structure based on the insurance plan, which varies based on coverage levels. His selected plan deducts 20% from his earnings, a calculated decision that provides adequate insurance coverage for his fleet.