The online service changes the way consumers rent cars

With a car chip shortage and a lack of travel during the pandemic, rental car companies are looking a little different these days. Vehicles are in short supply and rental prices have risen. Enter a new option, Turo. “Right now with rental cars being so expensive, low inventory on vehicles, it’s ridiculous,” Michael Mourgides said. Mourgides owns a business in downtown West Palm Beach and decided to try Turo to rent a car for a date night in Miami. “You find a vehicle on the app and reserve it,” he said. Mourgides chose a nice car, but there are sedans, SUVs and minivans. He had a friend who had rented the place for a family vacation. Stay tuned: Local coverage from WPBF 25 News “He went to Turo and got a car for $20 a day,” Mourgides said. Here’s how it works. You go to the site, choose your city location and it shows people who are renting out their vehicles. You choose a car and a protection plan. Then you coordinate a place to meet to pick up the keys. “We went around the car to make sure everything was OK,” said Mourgides as he explained how he and the car’s owner took many photos. But how do you know if you are renting a good car from a reliable person? Like many online businesses, there is a rating system. “With the rating system, if you don’t have a very good vehicle, people won’t rent from you because your rating goes down. It’s almost like checks and balances,” Mourgides said. Across the country: National coverage from WPBF 25 News Whether you use it to rent or lease your vehicle, some argue it’s changing the industry. “It’s changing the way people are able to subsidize their income, pay their bills, especially with rising inflation,” Mourgides said. “I’ve always thought of vehicles as depreciating, but once you lease a McLearan, you can make money off the vehicle while enjoying the vehicle at the same time.” It is suggested that you check with our insurance company to see if your insurance covers rentals before renting online.

With a car chip shortage and a lack of travel during the pandemic, rental car companies are looking a little different these days. Vehicles are in short supply and rental prices have risen.

Enter a new option, Turo.

“Right now with rental cars being so expensive, low inventory on vehicles, it’s ridiculous,” Michael Mourgides said.

Mourgides owns a business in downtown West Palm Beach and decided to try Turo to rent a car for a date night in Miami.

“You find a vehicle on the app and reserve it,” he said.

Mourgides chose a fancy car, but there are sedans, SUVs and minivans. He had a friend who had rented the place for a family vacation.

Stay informed: Local coverage from WPBF 25 News

“He went to Turo and got a car for $20 a day,” Mourgides said.

Here’s how it works. You go to the site, choose your city location and it shows people who are renting out their vehicles. You choose a car and a protection plan. Then you coordinate a place to meet to pick up the keys.

“We went around the car to make sure everything was OK,” said Mourgides as he explained how he and the car’s owner took many photos.

But how do you know if you are renting a good car from a reliable person? Like many online businesses, there is a rating system.

“With the rating system, if you don’t have a very good vehicle, people won’t rent from you because your rating goes down. It’s almost like checks and balances,” Mourgides said.

About the country: National coverage by WPBF 25 News

Whether you use it to rent or lease your vehicle, some argue it’s changing the industry.

“It’s changing the way people are able to subsidize their income, pay their bills, especially with rising inflation,” Mourgides said. “I’ve always thought of vehicles as depreciating, but once you lease a McLearan, you can make money off the vehicle while enjoying the vehicle at the same time.”

It is suggested that you check with our insurance company to see if your insurance covers rentals before renting online.

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