Met a guy at a gas station who buys used Teslas, rents them on Turo, and clears $19,000 a month while doing absolutely nothing He's never made a car payment with his own money. The renters pay the banks. He keeps the spread and the title 27 cars. Zero of his own dollars in the fleet I watched him fill up a Model Y that wasn't even his daily driver. It was car #14 of 27 and it was heading to a pickup at the airport in 2 hours Here's the full play: He buys used Model 3s and Model Ys in the $28,000 to $38,000 range. These are the highest-demand vehicles on Turo because renters want to try a Tesla and tourists want something that looks good in photos. A $32,000 Model Y rents for $95 to $140/day depending on the city and season Average booking rate in a strong market (Miami, LA, Austin, Phoenix, Nashville): 22-26 days per month. Call it 24 Revenue per car: $110/day average x 24 days = $2,640/month Monthly costs per car: Auto loan payment: $580 (60 months at 6.5%) Insurance (commercial Turo + gap): $280 Cleaning between rentals: $120 Maintenance reserve: $100 Platform fees: Turo takes 25% of bookings = $660 Total monthly cost per car: $1,740 Net cash flow per car: $900/month $900/month x 27 cars = 24,300gross.Afterhisvirtualassistant(2,200/month) and miscellaneous ($1,500): $19,000 to $20,000 net How the funding works: The down payments come from 0% business cards. A $32,000 Tesla needs $6,400 down (20%). He runs the down payment through a business card. The auto loan covers the remaining $25,600. Total credit card exposure per car: $6,400 6 cars per funding round at $6,400 each = $38,400 on 0% cards. The 6 cars generate $5,400/month combined in net cash flow. Cards paid off from car revenue by month 8. Then he applies for the next round of 0% cards and buys 6 more He started with 4 cars in early 2024. Added 4 every 6-8 months. Now at 27 and his "job" is managing a VA in the Philippines who handles bookings, key exchanges, and cleaning schedules "what about accidents" Turo has a host protection plan that covers up to $750,000 in liability. He also carries a separate commercial auto policy. A totaled car on a 27-car fleet is a $3,000 insurance deductible and a Tuesday. He's had 2 total losses in 3 years. Both covered. Both replaced within a month from cash flow The part that makes this a machine: auto loans are secured debt. They barely touch your revolving utilization. So while 27 car loans sit on his credit file, his revolving utilization stays under 5% because business cards don't report to personal credit. His score stays above 740. Banks keep approving him he owns a rental car company funded entirely by banks and operated entirely by renters and he hasn't worked a real day in over a year lmfaooo (we get 700+ score business owners 100K-250K in 0% business credit. what you buy with it is your business. link in bio)