2 ms·
From what I've noticed here in Los Angeles, Turo is exploiting the greymarket of wildcat car dealers. There are lots of people here that own 10+ late model econ
by wcfields 9y ago
From what I've noticed here in Los Angeles, Turo is exploiting the greymarket of wildcat car dealers. There are lots of people here that own 10+ late model economy cars at any one time and there are areas where you'll see 5-6 cars on the street with For Sale signs.
A friend of mine who's car was totaled used Turo for a month or so until she bought the car from the guy.
- subroutine 9y agoThis is the first thing that occurred to me after browsing the cars available in my area. Nearly all of them look like they are listed by boutique / independent used car dealers (like the one I drive by every day: http://imgur.com/J3yi9qL.png http://imgur.com/J3yi9qL.png ). This is interesting given that... Title 13 California Code of Regulations, section 260.02 states: (B) Former taxicabs, rental vehicles, publicly owned vehicles, insurance salvage vehicles and revived salvage vehicles shall be clearly identified as such if the previous status is known to the seller. If the used car lot owner is renting-out his cars on Turo, it seems like they are required to disclosed this to potential buyers. I highly doubt this is happening.