Old Spice
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- Jason
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An owner in Jersey City, NJ already owns 5 Cybertrucks (which he has available on Turo) and already has 20 more ordered!
https://insideevs.com/features/730303/turo-tesla-cybertruck-host-liu/
It's possible that nobody is betting big on Turo Cybertrucks like Dustin Liu, who operates a rental fleet of 90 cars, 65 of which are listed on Turo. His fleet is stationed in a sprawling parking lot in Jersey City’s Newport neighborhood, right by the Hudson River.
Liu has leased five aisles to park his cars and has something for every customer, not just those who want to try the Cybertruck life. His fleet includes a Toyota RAV4 Hybrid, Tesla Model Y and Model 3, several Mercedes GLEs and GLCs, multiple Range Rover Velars and a bunch of Chevy Corvette Stingrays and convertible Ford Mustangs, among others.
Yet the five Cybertrucks are the newest and priciest additions to his fleet. (The dual-motor Foundation Series Cybertruck costs $100,000 a pop.) He was the first Cybertruck Turo host in the New York City metro area early this year and now the EVs are bringing in bucket loads of cash. So far, Liu has spent about half a million dollars on five Cybertrucks, plus the reservation fees on 20 more that he has ordered.
Liu was one of the early reservation holders. He placed the deposit when Musk first showcased the radical machine at a pomp-and-pageantry-filled unveiling event in 2019. It was delayed by nearly five years due to pandemic-related issues and production problems. But for Liu, the wait has been worth it.
“I knew [the Cybertruck] was going to make money," Liu said, wearing a black half-sleeve hoodie, gray shorts and headphones wrapped around his neck. "The car isn’t ordinary. And Turo isn’t like Hertz or Enterprise."
“People rent on Turo for luxury and for experience, both of which the Cybertruck provides,” Liu said.
Liu’s five Cybertrucks have a high utilization rate. In other words, they're almost always on the road, rented by people who haven’t experienced it as Tesla started official test drives only recently.
In four months, the combined rental income from the five trucks has helped him recover the price of an entire truck. “The five Cybertrucks, believe it or not, since April, have made me $120,000 already,” he said pointing his finger to the Turo app on his iPhone screen showing the income generated from the rentals. “Since April, I have made $30,000 on just one vehicle.”
Now he thinks there’s potential to earn even more. So he has ordered 20 more Cybertrucks, bringing his total order book to 25.
Musk promised in 2019 that the Cybertruck would start at $39,900. And that alleged price helped get Liu where he is today.
“One of the reasons I ordered so many, I didn't expect them to cost $100,000 each,” Liu said. “It was supposed to cost $40,000 for the rear-wheel-drive. And then they changed the price and now they removed the price. That shocked me.”
Because the reception to his existing trucks has been effusive, he said, he may eventually stick with his orders and pay a higher price. “All the comments have been extremely positive. People are like, ‘Oh my god, you made my day. I have never felt like I was a celebrity, I feel like I was the president.’” On all his five Cybertruck listings on Turo, not a single renter has left a negative review.
https://insideevs.com/features/730303/turo-tesla-cybertruck-host-liu/
It's possible that nobody is betting big on Turo Cybertrucks like Dustin Liu, who operates a rental fleet of 90 cars, 65 of which are listed on Turo. His fleet is stationed in a sprawling parking lot in Jersey City’s Newport neighborhood, right by the Hudson River.
Liu has leased five aisles to park his cars and has something for every customer, not just those who want to try the Cybertruck life. His fleet includes a Toyota RAV4 Hybrid, Tesla Model Y and Model 3, several Mercedes GLEs and GLCs, multiple Range Rover Velars and a bunch of Chevy Corvette Stingrays and convertible Ford Mustangs, among others.
Yet the five Cybertrucks are the newest and priciest additions to his fleet. (The dual-motor Foundation Series Cybertruck costs $100,000 a pop.) He was the first Cybertruck Turo host in the New York City metro area early this year and now the EVs are bringing in bucket loads of cash. So far, Liu has spent about half a million dollars on five Cybertrucks, plus the reservation fees on 20 more that he has ordered.
Liu was one of the early reservation holders. He placed the deposit when Musk first showcased the radical machine at a pomp-and-pageantry-filled unveiling event in 2019. It was delayed by nearly five years due to pandemic-related issues and production problems. But for Liu, the wait has been worth it.
“I knew [the Cybertruck] was going to make money," Liu said, wearing a black half-sleeve hoodie, gray shorts and headphones wrapped around his neck. "The car isn’t ordinary. And Turo isn’t like Hertz or Enterprise."
“People rent on Turo for luxury and for experience, both of which the Cybertruck provides,” Liu said.
Liu’s five Cybertrucks have a high utilization rate. In other words, they're almost always on the road, rented by people who haven’t experienced it as Tesla started official test drives only recently.
In four months, the combined rental income from the five trucks has helped him recover the price of an entire truck. “The five Cybertrucks, believe it or not, since April, have made me $120,000 already,” he said pointing his finger to the Turo app on his iPhone screen showing the income generated from the rentals. “Since April, I have made $30,000 on just one vehicle.”
Now he thinks there’s potential to earn even more. So he has ordered 20 more Cybertrucks, bringing his total order book to 25.
Musk promised in 2019 that the Cybertruck would start at $39,900. And that alleged price helped get Liu where he is today.
“One of the reasons I ordered so many, I didn't expect them to cost $100,000 each,” Liu said. “It was supposed to cost $40,000 for the rear-wheel-drive. And then they changed the price and now they removed the price. That shocked me.”
Because the reception to his existing trucks has been effusive, he said, he may eventually stick with his orders and pay a higher price. “All the comments have been extremely positive. People are like, ‘Oh my god, you made my day. I have never felt like I was a celebrity, I feel like I was the president.’” On all his five Cybertruck listings on Turo, not a single renter has left a negative review.
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