Turo is a haven for money laundering. In my area you can "find" multiple Chrysler 300Cs for rent for $600/day. I say "find" because many of them are unavailable for days or even weeks on end as being rented. Good scam if you're, say, a dealer. Have one of your customers "rent" your car through Turo at an inflated rate. Bonus: you don't even have to let them have your car. They're just paying you and saying they rente…
Makes you wonder how many tech companies are (unknowingly, hopefully) laundering money. You could pull off this kind of money laundering through a lot of services -- Etsy, Taskrabbit, tons of others -- by simply listing extremely overpriced items that nobody would ever buy legitimately. And I suppose if any poor sap ever wandered in and actually bought the thing you're selling, instead of just laundering money... you…
Turo Requires a Driver's License Number and Credit Card to Show Full Price
91–100 of 136 posts
Re: Turo Requires a Driver's License Number and Credit Card to Show Full Price
#92Turo is a haven for scams of all kinds. Renters will offer airport pickup and drop off when you’re buying, but then bait and switch after you’re on the ground, crying about local police enforcement of ride share type airport drop offs. Since their major use case is people on vacation, they are perfectly fine with taking advantage of people in the name of “disruption”. Good riddance. If it seems too good to be true, i…
I have the same feeling overall now, though. The same car had a huge bulge in its tire that they were either negligent about, or deliberately hid. And they have to take a picture of your ID to complete the handoff. The kind of people who have a fleet of fancy cars to rent out like this? Yeah, you don't want them having a picture of your ID.
Re: Turo Requires a Driver's License Number and Credit Card to Show Full Price
#93Earlier quoted context omitted.
Doesn’t make sense. All the transactions are electronic and done with credit cards which means that money is already laundered for the most part. The idea of money laundering is to turn cash into legal income. There’s other kinds of money laundering too including cross-border type transactions like you might see with art or collectibles but it’s hard to see how this makes much sense via Turo. If the buyer has the abi…
Sell illicit goods by renting a fake car on Turo. Easy peasey instant launder. All these others are thinking to hard. I see it on the airbnbs in the LA hills that are all fake with fake pictures etc. just there to rent to instantly launder a transaction from what I’m guessing.
Once it's a digital transaction it's a digital transaction I am not seeing the benefits here of getting Turo involved and lots of fees and costs when literally any platform will do this more easily. Like call it a car detailing service and get a square reader and only pay a couple percent.
Having used Turo in the past my theory is that there's just a bunch of people mildly delusional about what their car is worth, or maybe that found renting their car is usually not worth the hassle but will take an exorbitant rate for when the super bowl is in town or some other time every rental car option is totally sold out.
Re: Turo Requires a Driver's License Number and Credit Card to Show Full Price
#94Earlier quoted context omitted.
My trick with their system is to just look at every car, click through to the final receipt screen and then go back to find the cheapest one. It's a bit tedious and deceptive to the customer to present variable fee at the last part of the checkout process. Probably the worst modern "dark pattern" that I hope regulators take a look at.
I share your sentiment, but I'm not sure there are any legislators I trust to understand or regulate dark patterns effectively.
Re: Turo Requires a Driver's License Number and Credit Card to Show Full Price
#95Airlines were notorious for these practices (super low advertised price followed by a dozen surcharges at checkout), then a single law made them declare the full final ticket price up front for all reservations. The result – airlines are happy because all their competitors have to abide by the law as well and so everyone is on a level playing field, and customers are happy because their experience is infinitely bette…
Re: Turo Requires a Driver's License Number and Credit Card to Show Full Price
#96Earlier quoted context omitted.
It's actually illegal in Europe (EU) to NOT display the final price, and the price shown on the search in Airbnb or airline searches is the final price. Specially because in EU all the prices shown in stores/everywhere is the final price, with VAT, service, tip, etc, etc...
What if the final price depends on your entity status as a purchaser? E.g. delivery city, whether you are a business or an individual. Taxes and shipping trivially depends on that.
Some companies (eg. Alternate) have different websites for consumers and business customers, other companies (eg. Conrad) allow you to toggle between pricing modes (with tax or without).
The price is usually shown without shipping, but there's usually a little button "calculate shipping prices" where you can type your zip code and then they show the shipping prices.
Re: Turo Requires a Driver's License Number and Credit Card to Show Full Price
#97Earlier quoted context omitted.
Engaging at any level with the idea that the fee is for any purpose other than lying about price in advertisements is giving it too much credit.
You're right. I was thinking about Airbnb, which has cleaning fees that can be pretty hefty on one-night rentals. And those are understandable because someone needs to come in and change the sheets/towels, wash dishes, etc. But there's no "bedsheets" analog for a car rental. Yes, it needs to be washed, but I imagine most renters of Priuses don't actually care if the car hasn't been washed in a few days/weeks.
Consider the amount of work involved for the owner in renting one car to 30 people each for one day and one car to one person for 30 days and you'll see the difference.
Re: Turo Requires a Driver's License Number and Credit Card to Show Full Price
#98Earlier quoted context omitted.
The same happens with hotels and "resort fees", especially in places like Las Vegas.
This is one area America needs to legislate which I am usually against. There is no excuse but sleezy marketing to not show what something costs. I'd go far even to make sure every price sticker is regulated and should include final sales price . That means, all taxes, all tips, everything. There is only one problem I see – sales taxes are state dependent so it puts a lot of burden on ecommerce/online stores to 1) De…
That's about as dystopian as possible. Telling people that they cannot just hand money to other people might be the end of the entire concept of charity.
Re: Turo Requires a Driver's License Number and Credit Card to Show Full Price
#99I have had good experiences renting on business trips with Turo itself. I wanted more exotic cars than what I might get at Hertz so created an account and all that. It's true the price goes up substantially from the originally stated rate though, maybe I didn't quite see the discrepancy because I had already created an account. My biggest gripe with Turo, and the reason I don't use it much, is it's really inconvenien…
Re: Turo Requires a Driver's License Number and Credit Card to Show Full Price
#100Earlier quoted context omitted.
> there is nothing special about Turo, you could just set up an ecommerce store and ship rocks around Your analogy is correct. These serve similar functions. It’s just easier to pretend to rent a car than it is to ship rocks. (I disagree with OP about there being massive money laundering on Turo.)
I still have questions: 1) How is it "dirty" money when it is in the bank account? It is accounted for. Your tax ID / EIN is associated with the bank account and it is reported to IRS. 2) The ecommerce rock-shipping company would need to take cash and have to deposit in a checking account to be able to successfully launder money. So at this point, it cannot be an "ecommerce" company. It would need to be a hot-dog sta…
Lots of dirty Russian money in bank accounts looking for invoices to launder against.