Getaround's 40% Fee: What You're Paying For
Getaround takes approximately 40% of each rental transaction — roughly twice what Turo charges at its base tier. This substantial cut funds two things: the Getaround Connect hardware device installed in your vehicle (which enables keyless unlocking and remote ignition via the app), and Getaround's insurance and claims management infrastructure. The technology convenience is real — you never need to meet a renter in person, coordinate key handoffs, or worry about lockouts.
Whether this 40% fee is justified depends almost entirely on your market. Getaround performs well in dense urban neighborhoods where residents need occasional car access without ownership — think Manhattan, San Francisco, Chicago's North Side. In these markets, demand is high, rentals are frequent, and the keyless convenience is a genuine competitive advantage. In suburban or rural markets, demand is lower and the fee becomes harder to justify relative to lower-fee alternatives like Turo.
The net economics require careful modeling. A car renting at $55/day 12 days/month grosses $7,920/year. After Getaround's 40% fee ($3,168), depreciation ($3,300 on a $22,000 car), insurance ($1,320), maintenance ($1,400), and tax on what's left, the net annual income is in the $2,000–$4,000 range — roughly a 10–18% cash-on-cash return on a vehicle owned outright. That's competitive with many investments, but requires correct cost inputs to evaluate honestly.
Calculate your real Getaround return
Enter your car value, daily rate, occupancy, and costs to see your true cash-on-cash return after Getaround's fee, depreciation, and taxes.
Calculate Getaround ProfitabilityHow to Evaluate Whether Getaround Is Worth It for Your Car
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Assess your market demand before listing
Search for similar vehicles on Getaround in your ZIP code. How many listings exist? How many show recent reviews indicating active bookings? A market with 5 similar vehicles and recent reviews indicates demand. A market with 20 vehicles and stale listings suggests oversaturation. Urban neighborhoods near transit hubs, universities, and tourist areas generate the highest demand.
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Model your break-even occupancy
The calculator's break-even rate shows the minimum daily rate needed at your occupancy to cover all costs after tax. The break-even occupancy shows the minimum days rented per month to cover costs at your daily rate. Know both numbers before listing. If you need 15 rental days/month to break even and your market averages 8, the listing will lose money.
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Compare Getaround to Turo in your market
Run the same vehicle through the Turo profitability calculator using Turo's lower fee (15–35% depending on your protection plan). Turo's lower fee often produces better economics on paper — but Turo requires key handoff coordination and has different insurance structure. Evaluate both platforms on total net income, not just fee percentage.
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Account for accelerated depreciation
Rental use adds meaningful mileage to your vehicle and may affect your warranty coverage. Getaround rentals are primarily short-trip urban use — harder on brakes and transmissions than highway miles. Budget for more frequent oil changes, brake service, and detailing than your personal driving history would suggest. The depreciation rate input in the calculator should be higher than the standard 15% for actively rented vehicles.
Frequently Asked Questions
Getaround vs Turo: which pays more?
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Turo's lower base fee (15% on the basic plan vs Getaround's 40%) typically results in higher net income per rental day, all else equal. But Turo requires physical key exchange and uses a different insurance model. Getaround's keyless system reduces friction and may generate more total bookings in markets where convenience drives demand. Run both through the respective calculators using your actual vehicle and market data.
What happens if a Getaround renter damages my car?
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Getaround provides physical damage coverage during active rentals, subject to a host deductible. The deductible amount and coverage limits vary by plan and have changed over time — verify current terms directly in the Getaround host portal. For high-value vehicles, the deductible exposure is a real cost that should factor into your profitability analysis.
Does Getaround work for new cars?
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Newer, higher-value cars generate higher daily rates but also higher depreciation costs. A $40,000 car depreciating at 15%/year loses $6,000 in value annually — a significant cost that must be offset by rental income. Lower-value cars (under $20,000) often produce better cash-on-cash returns because depreciation is a smaller fraction of rental revenue.
Run the numbers on your specific car and market
Enter your vehicle details, daily rate, and expected occupancy to see if Getaround produces an acceptable return in your situation.
Calculate My Getaround Return