will i make money renting a cybertruck that will cost me 1.3k a month?

[cyberguy123]

i am located in long island, and planning to buy a ct. just need help answering this

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[Balthezor]

Good luck with that.

 

[Deleted member 17810]

There's a thread on here with someone who claims to have made 10K in six months through turo.

Their CT got crashed by a renter and they're dealing with that now.

 

[cyberguy123]

danggggggg

 

[UberNoob]

just wait another few years and buy one used. Other people will equally disrespect it, put tons of miles on it, likely beat the sh** out of it and lastly you get a huge discount / same price etc.

 

[JCERRN]

Short answer- no.

 

[darkfyre]

I am personally to averse to risk to allow a stranger to rent a car that I own. Of course, there is insurance. But if a stranger totals a truck that you spend your hard earned money for, you might not get another chance at the FS (if that's something that matters to you).

I know lots of people make money off of renting cars out on apps loke Turo. But that isn't for me.

 

[Hunky Dory]

Some renters have no respect for anything.

 

[RoboTaxi]

I wouldn’t depend on rental income to make the truck payment.

 

[Lasttoy]

Insurance is the killer of idea. Uber is almost as high

 

[Balthezor]

I wouldn’t depend on rental income to make the truck payment.

Probably shouldn't buy it if you need the rental income from it to pay the monthly payment.

 

[Gaximus]

Buying something (anything) with the purpose of making money on it, by renting it, will never make you money, unless you can buy it without financing.

 

[Travis64]

I made about 13k since april in ny…market has dried up now not worth it

 

[GatorCyber]

If you want an asset to rent, buy real estate.
Cars aren't assets.

 

[Pops]

Unlikely.

All you need to do is go on Turo and look at Cybertrucks in your area. Turo will show you the price and how many trips they have been rented for. The math will be pretty easy after that. You can get an idea of how much each Cybertruck has made. My guess is it will be well below your payment.

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