Let’s talk about the current car market Learn How I Turned Car Sharing Into a Six-Figure Semi-Passive Revenue Stream – Course Available HERE: : PRE-ORDER My New YouTube Course HERE: Learn How To Make Money from the Freelancing – Course Available HERE: __________________________________________________________ Affiliate Links Below (I Make Money From These Links): Get 2 Free Stocks on WeBull When You Deposit $100 (Valued up to $1400): Tired of Spending Money Fixing Your Car? Check out FIXD Here: Do You Participate in the Gig Economy? Get 1 FREE Month of Kover Here: Check Out the Gear I Use to Make My Videos, Build My Van & Manage My Turo Fleet: Sign up for Getaround: __________________________________________________________ 00:00 – Intro What’s up you guys! In today’s video, let’s break down why I don’t finance my cars and why I insist on paying cash for all of my Turo vehicles. Let’s go! 01:22 – Why I Don’t Finance Now, whenever it comes to why I don’t finance my Turo cars there are a few key reasons. Number one, my cars are not easily financeable. Because I buy mostly cash cars, it isn’t super easy to get a loan for these cars. Banks want newer more expensive cars when going through the financing process and the cars I buy simply are not it. Additionally, I have always been uncomfortable with the idea of financing a lot of cars for the sake of Turo, because I feel as though it is taking on a bit too much risk for my comfort. 06:24 – Exceptions to the Rule & What You Should Keep in Mind Now, I do think there are some exceptions to this rule. If you are a new Turo host and you can’t afford to buy a cash car, then financing can be a great way to break into the Turo game. Additionally, if you are someone who is wanting to get a more expensive car, financing can be a great option as well. But, if you choose the financing route make sure you can afford that car with or without Turo, make sure you buy below market value, and make sure to not take on too much debt. 11:50 – Closing I hope you guys enjoyed this video, make sure to hit the like, subscribe, and the notification bell and I will see you guys in the next video. __________________________________________________________ FOLLOW ME ON INSTAGRAM: SUBSCRIBE TO MY SECOND CHANNEL: SUBSCRIBE TO HP’s CHANNEL: __________________________________________________________ Disclaimer: I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice…etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Aubrey may have an ownership interest in them – Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional. #SideHustle #Turo #CashCars .