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RE: LeoThread 2024-12-07 01:33

in LeoFinance19 days ago

Part 5/7:

Profits from the Malibu

After running the numbers, George breaks down the income generated by the Chevy Malibu. It brings in between $1,000 to $1,200 monthly, averaging about $9,000 in earnings throughout the year. Even after accounting for expenses totaling approximately $1,600, the net profit stands at $822—a solid return on a vehicle bought for under $5,000.

George notes that the Malibu is fully paid off, allowing him to keep generating revenue without the stress of monthly payments. This kind of financial freedom, along with the potential for appreciation or resale value, illustrates the smart investment nature of the car rental business.

Strategies for Success in Turo