Carsharing and Car Financing Agreements

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rynlee
Posts: 10
Joined: Thu Mar 08, 2018 8:06 am

Carsharing and Car Financing Agreements

Post by rynlee » Wed Apr 11, 2018 8:20 am

Hi. I have 1993 vehicle and have chosen not to purchase a newer vehicle in favor of putting that money to work elsewhere. But now I'm hearing about carsharing through services like Turo and wonder if I could make purchasing a newer vehicle profitable by renting the car out (Turo does not allow vehicles to be listed if they are more than 12 years old).

Do you know if financing agreements typically allow for carsharing through services like Turo?

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