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Can I rent my car through Turo to help pay off my lease?
I'm leasing a 2018 Honda Civic and I'd love to be able to rent it through Turo to help offset my $200 monthly payments. Can I do this with a leased vehicle?
Sophie Newman · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
You can rent out your leased 2018
Honda Civic
on Turo as long as it doesn’t violate the terms of your lease agreement. Turo users who rent their cars can make on average up to $706 in monthly income, so you may be able to cover your lease payments entirely.
Keep in mind that your vehicle should have
fewer than 130,000 miles
to be eligible for renting on Turo.If you haven’t already talked to your insurance company, you’ll want to let them know you’re renting your car on Turo. This may affect your
car insurance
rates.If you’re unhappy with the rates your current company provides you after you tell them about Turo, you should shop around. The smart comparison tool,
Jerry
, makes finding and signing up for a new policy easy. Jerry will compare rates
and help fill out your paperwork for you, so you can spend more time getting to know your new clients.View full answer
- Gregory R.
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