I rented Model S's twice for a week each before I pulled the trigger and bought my 70D. But I paid around $200 / day (still cheap in my book for this car). I just looked on Turo and there is one Model S 85 for $65 per day, and another one at $99 - and many under $200.
I used to own a luxury car rental company and to make a reasonable profit and make it worth one's time and hassle, and account for depreciation, cost of capital, and the inevitable fender benders we charged around 1% of of the car's value per day - that's $1,000 per day for a $100K car - not $200.
And the clients paid for fuel.
Unless a person is truly desperate I can't see letting their $70-$100K aluminum bodied Tesla out the door for $75 a day (approximate take-home after Turo takes their cut, if you charge $99 per day for the rental).
The risk-reward and time-value-of-money ratios are just incredibly low.
Don't believe these rates? Here's the $65 one in Redondo Beach:
Take a trip in loaded tesla
And the $79 for a P85+ with 150 miles included:
Take a trip in Ashwin's Tesla Model S P85+
I used to own a luxury car rental company and to make a reasonable profit and make it worth one's time and hassle, and account for depreciation, cost of capital, and the inevitable fender benders we charged around 1% of of the car's value per day - that's $1,000 per day for a $100K car - not $200.
And the clients paid for fuel.
Unless a person is truly desperate I can't see letting their $70-$100K aluminum bodied Tesla out the door for $75 a day (approximate take-home after Turo takes their cut, if you charge $99 per day for the rental).
The risk-reward and time-value-of-money ratios are just incredibly low.
Don't believe these rates? Here's the $65 one in Redondo Beach:
Take a trip in loaded tesla
And the $79 for a P85+ with 150 miles included:
Take a trip in Ashwin's Tesla Model S P85+