A car on Turo, or the money in savings?
Buy a car and rent it out on Turo, or leave the money in a savings account? We play the car's 3 years 10,000 times, take off every bill and the value the car loses, and compare what is left with savings.
Your questions
Sources are open. Estimates are marked.
You can change every number.
How do you calculate?
We play the car's 3 years 10,000 times, each time with different rented days, miles and damage. We compare each run with the same money in savings. How the economy goes is a guess, so we show three economies and promise no result.
Is renting out my car on Turo worth it?
It depends on your numbers: the car's price, how you pay for it, the daily rent and how many days a year it is out. The example on this page is a 3-year-old car bought with cash and rented 180 days a year, with October 2026 numbers. Enter your own numbers in the calculator and press "Show my result" to see your answer.
Is it free?
Yes. No account, no email, no cookie wall, no tracking. You can share a result with a link; the other person can change the numbers and see their own answer.
Other questions
How much does Turo take?
On Turo's UK earnings plans you keep 60%, 70% or 80% of the trip price. The more you keep, the more of a damage bill you pay yourself: £0, £250 or £1,750 (Turo help centre, June 2026). The calculator starts from the 70% plan: the daily rent you enter is your share after Turo's cut, and each damage costs you £250.
Can I rent out a car on PCP or hire purchase?
Usually not. On PCP and hire purchase the finance company owns the car until the last payment, and the agreement normally forbids renting it out; ask your lender first. That is why the calculator's loan is a personal loan: the car is yours from the first day.
Does my insurance cover Turo?
During a trip, Turo's cover applies; it is paid out of Turo's cut. For the other days you need your own comprehensive policy: the calculator counts £550 a year for it. Tell your insurer that you share the car: some charge more, and some refuse to cover a shared car.
What do 10,000 runs mean?
Nobody knows how many days the car will be rented, how many miles it will do, or whether it will be damaged. We play the car's 3 years 10,000 times, and in each run these are left to chance. Then we count in how many runs the car beat the bank.
Why compare with savings?
Because if you do not buy the car, the money stays in savings. What would the same money earn in a savings account over 3 years? We measure every result against that, so the answer ends with "the car beat the bank" or "it did not". In the expected economy, savings earn about 4.8% a year: a one-year fixed rate, renewed each year.
Do you count tax?
No. Both sides are before tax: we take no income tax off the rental profit and none off the savings interest. With one car and the money it costs, most people pay little or none on either: basic-rate taxpayers get the first £1,000 of savings interest tax-free, or the money sits in a cash ISA.