By renting out her car, the real estate agent earned another $10,000.

While on Airbnb (ABNB) While car rental has turned many people’s side hustle into a full-time career, car-sharing apps have always been designed to be a passive source of income.

You sign up for your car and have someone drive it for $25 a day for a Fiat 500 or $375 a day for a Bentley Continental when you’re not using it.

Peer-to-peer car-sharing company Turo launched in Boston in 2010 and exploded in popularity last year. Revenue increased by 207% from 2021 to 2022.

The company is currently private, but in January Turo applied for approval to go public through an IPO under the TURO ticker.

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