Dropping used car prices create a HUGE opportunity for Turo hosts.

As we gear up for 2024, the used car scene is buzzing with excitement. Why? Well, wholesale used-vehicle prices are taking a nosedive, opening the door wide for anyone dreaming of diving into Turo hosting.

Check this out: Cox Automotive spills the beans on prices hitting rock bottom, dropping 2.3% in October alone—a whopping 4% from last year. Black Book adds to the drama with a jaw-dropping -5.47% plunge in November. Compact vans, full-size trucks, and even those sleek luxury SUVs are all playing a part in this wild ride, depreciating faster than your favorite tech gadgets.

It might become a buyer's paradise, with retail days-to-turn hitting a 5-year high at 55 days. More time for you to pick your dream ride, and sellers feeling the nudge to make those sales happen. Ray Shefska, the Co-Founder of CarEdge, sees the wave coming, predicting a ripple effect on retail prices. His advice? Be sharp, catch those market trends, and negotiate like a pro.

So, as we say peace out to 2023, buckle up for some seriously negotiable prices, a ton of cars up for grabs, and a chill slowdown in used car sales. Get ready to roll into Turo hosting with some sweet rides at your fingertips. And looking forward to 2024 - Keep a close eye on your local market to be ready for when the magic deals drop, setting you up for a journey into Turo hosting success!

Click the link below to learn how Car Host Boss members are making $500-$4000/mo on Turo - and get 50% of the monthly membership for a limited time. It’s time to start your Turo Journey! What are you waiting for?!