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Renting out a leased Model X on Turo ?

Discussion in 'Model X: Ordering, Production, Delivery' started by achen, May 8, 2016.

  1. achen

    achen Member

    Joined:
    Dec 18, 2012
    Messages:
    35
    Location:
    Irvine, CA
    I know it might be better to post this question in a more general forum, however I decided to make it here in case there is any difference in leasing terms of Model S and of Model X.

    I am one of the earliest owner who will take delivery on Model X 75D (my configuration of 70D was confirmed in Nov. 2015), I plan to rent it out through Turo to let more people know about this car, as well as make some extra $$ by taking advantage of low availability of this car in teh beginning.

    Is it OK to rent the car out if I l leased it ? I did call Tesla and I was told "I don't see why not, it's your car even leased." by a rep, but I didn't think whoever told me that was creditable enough.

    Turo's explanation on this question:
    Is it OK to rent out my car if I'm leasing it?
     
  2. Ampster

    Ampster Member

    Joined:
    Oct 5, 2012
    Messages:
    624
    Location:
    Hermosa Beach CA USA
    I would read your lease like the Turo link suggested. If you don't have paperwork yet see it Tesla can send it to you.
     
  3. mike-415

    mike-415 Member

    Joined:
    Mar 6, 2015
    Messages:
    72
    Location:
    San Rafael, Marin, CA
    Tesla doesn't care. Make sure your insurance fully covers you; that's the question.
     
    • Like x 2
  4. krazineurons

    krazineurons krazineurons

    Joined:
    May 24, 2016
    Messages:
    224
    Location:
    Redmond, wa
    Does the insurance typically cover the owner if they are offering the car on a rental platform?
     
  5. MXWing

    MXWing Member

    Joined:
    Oct 13, 2016
    Messages:
    317
    Location:
    Orange County, CA
    If it's a leased car, you also have mileage restrictions. I could put 1000 miles in two days on a leased Model X easily.

    And the true arbiter is going to be your insurance company. You better have a low deductible, bullet-proof policy.

    Would love to know if its financially feasible once you factor in all costs. :)
     

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