A blog about the economics of the car share side hustle and the peer-to-peer online car rental market providers like Turo and Getaround.
Cash Flow Calculator
This calculator will help you get a realistic feel for your monthly and annual cash flow. It assumes two separate six month blocks for occupancy (average number of days rented per month) broken up by seasonal boundaries. If you assume constant occupancy all year, set the number of days the same in each field. If you're basing your calculation on an existing primary car and don't need to include a purchase price, simply delete "Purchase Price." You can delete "Personal Insurance" as well if it doesn't figure into your calculation. Hopefully, the remaining options should be self evident.
The calculator will be updated soon to include an estimate for tax deductions (this is a business, isn't it).
If you have suggestions for improving the calculator, I'd love to hear from you.