Turo Host Earnings Calculator
Your price, how often it is booked, and what each trip costs the car
Your result will appear here
Fill in the fields on the left and this updates as you type.
Know what this estimate is based on
- Jurisdiction
- General mathematical model
- Scope and limitations
- Educational estimate only. Confirm the assumptions, current rules, fees, and rounding that apply to your situation before making a decision.
- Source links checked
- Jul 30, 2026
Built and regression-tested by Smart Tools Lab. It has not been individually reviewed by a licensed financial, tax, or legal professional.
How to use
- 01
Enter your average daily trip price and the share of days the car is booked. For a car already listed, your host dashboard shows both; for a new listing, look at similar cars near you.
- 02
Enter the average trip length in days and the miles guests drive per trip.
- 03
Enter your estimate of depreciation per guest mile, maintenance and tires per mile, cleaning per trip, the extra insurance you pay to share the car, and other monthly costs such as a tracker or parking.
- 04
Enter your marginal tax rate. Turo's three earnings plans, their damage responsibility and an assumed claim rate are filled in under advanced options; change the claim rate if you have your own history.
- 05
Read the monthly profit after tax on the plan that nets most, compare the three plans in the table, and check the break-even share of days booked.
Formula
Days booked a month = 365 ÷ 12 × share of days booked. Trips = days booked ÷ trip length. Trip prices = days booked × daily price. Host earnings = trip prices × host share. Car wear = trips × miles per trip × (depreciation + maintenance cents per mile). Operating costs = car wear + trips × cleaning + insurance + other monthly costs. Expected damage = trips × claims per 100 trips ÷ 100 × damage responsibility. Profit before tax = host earnings − operating costs − expected damage. Tax = 15.3% on 92.35% of profit + income tax on profit less half that. Break-even share of days booked = fixed monthly costs ÷ (30.4 × what each booked day contributes), where a booked day contributes price × host share − (miles per trip × cost per mile + cleaning + claim rate × damage responsibility) ÷ trip length. Plans tie at (share difference × price × trip length) ÷ damage responsibility difference.
Example
A car listed at $72 a day, booked 50% of the time on trips averaging 3.5 days and 250 miles, costing an estimated 20 cents a mile in depreciation and 11.04 cents in maintenance and tires, with $25 of cleaning per trip, $60 a month of extra insurance and $35 of other costs, at a 22% tax rate. That is 15.2 days and about 4.3 trips a month, $1,095 of trip prices. On the More earnings plan Turo keeps $110. Guests drive 1,086 miles, costing $337 of depreciation and wear; cleaning, insurance and other costs add $204; and at an assumed 1 claim per 100 trips the expected damage responsibility is $119. Profit is $325 before tax, $112 of tax, and $213 after, $49 a trip and $2,553 a year. The car breaks even at 11% of days booked. Balanced would net $270 before tax and More peace of mind $215, and the plans tie at about 2 claims per 100 trips.
Definitions
- Host share
- The percentage of the trip price a Turo host keeps, set by the earnings plan: 70%, 80% or 90% on the US plans available from January 7, 2026.
- Damage responsibility
- The amount a host pays toward physical damage from a trip before Turo reimburses the rest, formerly called the deductible: $250, $1,500 or $2,750 depending on the plan.
- Utilization
- The share of days a car is booked. It drives trip income directly, while fixed costs such as insurance stay the same, which is why break-even utilization matters.
- Trip price
- What a guest pays for the days the car is booked, before Turo's share. The host share is a percentage of it.
- Self-employment tax
- Social Security and Medicare tax paid by people working for themselves: 15.3% on 92.35% of net profit, owed by hosts who share cars as a business.
Good to know
Where a trip price goes before any of it is profit
A listing's daily price is the most visible number in car sharing and the least informative. On the default figures a car priced at $72 a day and booked half the time brings in $1,095 of trip prices a month. Five claims come out of that before the host keeps anything. The first is Turo's share. For trips on the US earnings plans available from January 7, 2026, Turo's help article lists three plans: More peace of mind, where the host keeps 70% of the trip price, Balanced at 80%, and More earnings at 90%. On the More earnings plan Turo keeps $110. The second is the car itself. Guests drive it, and at 250 miles a trip they cover about 1,086 miles a month, which at an estimated 31 cents a mile in depreciation and wear costs $337. The third is the work between trips: $25 of cleaning per trip comes to $109. The fourth is fixed costs that do not care how often the car is booked, here $60 of extra insurance and $35 of other costs such as a tracker and parking. The fifth is damage. Each plan sets a damage responsibility, the amount the host pays toward damage from a trip before Turo reimburses the rest: $250, $1,500 or $2,750. At an assumed one claim per 100 trips, the More earnings plan carries $119 a month of expected damage responsibility. What is left is $325 of profit before tax, and after income and self-employment tax $213, about $49 a trip and $2,553 a year. The ring on the page shows that split. The break-even figure matters as much as the profit: at these costs the car covers its fixed costs once it is booked about 11% of the time, and every booked day beyond that adds to profit.
Guest miles and the depreciation nobody bills you for
The largest cost of sharing a car rarely appears in a host's monthly statement, because nobody sends a bill for it. A car loses value partly with age and partly with miles, and every mile a guest drives is a mile added to the odometer that a future buyer will pay less for. On the default figures guests drive about 1,086 miles a month, roughly 13,000 a year. At 20 cents a mile of mileage-driven depreciation plus 11.04 cents of maintenance, repair and tires, that costs $337 a month, 31% of the trip prices and more than Turo's share, cleaning and insurance combined. The depreciation figure is deliberately the host's own estimate rather than a published rate, because no source measures exactly what it needs to: the extra value a particular car loses for each extra mile. AAA's 2025 edition of Your Driving Costs puts total depreciation on an average new car at $4,334 a year over 15,000 miles, about 29 cents a mile, but that figure blends the loss from age, which happens whether the car is shared or not, with the loss from use. The IRS's 35 cents of depreciation in each 2026 standard-rate mile is a tax allowance, not a market measurement. For an older, high-mileage car the true figure can be well under 20 cents; for a new or premium car it can be higher. Two ways to sharpen the estimate are worth the trouble. Compare the price of the same model and year at two mileages on a pricing guide, and divide the price gap by the mileage gap. And remember the costs that arrive in lumps, such as tires, brakes and the repairs a hard-driven rental accelerates, which the maintenance line averages but a host pays all at once.
Choosing an earnings plan is a bet on claims
The three earnings plans trade two things against each other: how much of each trip the host keeps, and how much of each damage claim the host pays. Neither side is obviously better, and the page computes all three in parallel for that reason. The arithmetic that decides it is a tie point. Moving from More peace of mind to More earnings adds 20 percentage points of host share on every trip; on a 3.5-day trip at $72 a day that is about $50 a trip. It also adds $2,500 of damage responsibility on every claim. The plans therefore net the same when claims arrive about once every 50 trips, 2 claims per 100 trips on the default figures. A host who expects fewer claims than that does better on the bigger share; one who expects more does better on the lower damage responsibility. Turo does not publish claim frequencies, so the claim rate on this page is an assumption, one per 100 trips by default, and it is the field to change as soon as you have your own history. At that rate More earnings nets $325 a month before tax, Balanced $270 and More peace of mind $215. A single claim on More earnings would cost $2,750, about 37 trips of profit. Three details in Turo's US plan terms change how a claim really feels. Reimbursement above the damage responsibility is capped at the lesser of the car's actual cash value or $200,000. Any loss in resale value after a repaired accident is not reimbursed, which makes a claim costlier than its damage responsibility alone. And the damage responsibility is not refunded even if Turo recovers the cost from the guest. In some cities Turo also varies the host share with how far ahead a guest books, so the share in your dashboard is the one to use.
Taxes, insurance and the paperwork around sharing a car
Nothing is withheld from a Turo payout, so the tax is the host's to calculate and pay. How it is reported depends on how the hosting is run. A host who shares a car regularly with the aim of making money is generally in a business, and the profit goes on Schedule C, where it carries self-employment tax of 15.3% on 92.35% of net profit in addition to income tax. On the default figures that is about $112 a month, $66 of income tax and $46 of self-employment tax. Occasional rental of personal property without a business purpose can be reported differently and may not be subject to self-employment tax, which is a real distinction but a fact-specific one, so a preparer should decide which applies. A host in business can deduct the car's business costs, and the deduction methods, standard mileage or actual expenses with depreciation, carry their own rules about which applies to a vehicle used by others; that comparison is its own page. Because no tax is withheld, quarterly estimated payments are how the tax actually gets paid, and missing them carries a penalty. Insurance deserves the same care as tax. Many personal auto policies exclude peer-to-peer car sharing, which can leave a host uninsured for anything outside Turo's plan, and some insurers may cancel a policy on a car that is rented out regularly. Turo's plans include third-party liability of up to $750,000 during trips in most states, but that coverage applies during trips, not at other times. A loan or lease contract may also prohibit renting the car to others. Read the policy and the finance contract, and speak to the insurer, before listing. The figures on this page are estimates, not tax or insurance advice.
Frequently asked questions
How much do Turo hosts make?
Much less than the trip prices suggest, once the car's own costs are counted. On the default figures, a car at $72 a day booked half the time brings in $1,095 of trip prices a month. After Turo's 10% share on the More earnings plan, $337 of depreciation and wear from guest miles, $204 of cleaning, insurance and other costs, and $119 of expected damage responsibility, the profit is $325 before tax and $213 after, about $2,553 a year.
How much does Turo take from hosts in 2026?
It depends on the earnings plan. For trips on the plans available from January 7, 2026, Turo's US help article lists More peace of mind at a 70% host share with $250 of damage responsibility per claim, Balanced at 80% with $1,500, and More earnings at 90% with $2,750. In some cities the share also moves with how far ahead a guest books, so check the figure your dashboard shows.
Which Turo earnings plan should I choose?
The one that fits how often you expect damage claims, which Turo does not publish. The bigger share pays more on every trip, and the lower damage responsibility pays back when something goes wrong. On the default price and trip length, More earnings and More peace of mind net the same at about 2 claims per 100 trips. Expect fewer and the bigger share wins; expect more and the lower damage responsibility does.
Is Turo income taxable?
Yes. Nothing is withheld from payouts, so you pay tax on the profit yourself. If you host regularly to make money, the profit is business income on Schedule C, with self-employment tax of 15.3% on 92.35% of it on top of income tax. Occasional rental with no business intent can be reported differently and may not carry self-employment tax, so ask a preparer which applies. On the defaults the tax is about $112 a month. This page gives an estimate, not tax advice.
Does Turo cover damage to my car?
Above your plan's damage responsibility, Turo's US earnings plan terms reimburse eligible physical damage up to the lesser of the car's actual cash value or $200,000, provided you document the car's condition with the required trip photos. Plans also include third-party liability of up to $750,000 in most states. Turo does not reimburse the loss in resale value after a repaired accident, so a claim costs you more than the damage responsibility alone.
What does sharing my car do to its value?
It adds miles you do not drive. On the defaults, guests drive about 1,086 miles a month, and at 31 cents a mile for depreciation and wear that costs $337, or 31% of the trip prices. The depreciation part is your estimate for your own car, since a newer car loses more per mile than an older one. The cost arrives when you sell, as a lower price.
Will my personal auto insurance cover Turo trips?
Usually not. Many personal auto policies exclude peer-to-peer car sharing, and some insurers may cancel a policy on a car that is regularly rented out. A loan or lease contract may also forbid renting the car. Read your policy and your finance contract, and tell your insurer, before listing the car.