Skip to main content

Car sharing platforms like Turo are changing how we rent cars, says a new study

Turo and other peer-to-peer platforms are changing how we borrow cars

rental cars
Courtesy: Avis Avis / Avis

Peer-to-peer car-sharing platforms like Turo are seriously changing the way people in America look at owning a car. A recent survey by American Muscle gives us some cool insights into how folks view these services. A lot of people find car-sharing super convenient and a great way to save some cash. Plus, with so many vehicle options available, it’s easy to pick something that fits their needs—whether it’s for a fun weekend trip, a road adventure with friends, or just running errands around town. This new approach is reshaping how we think about getting around and makes life a bit easier for everyone.

AmericanMuscle.com

It makes total sense that some users feel uncertain about trusting the platform. Concerns about the condition of the cars are fairly common—no one wants to end up with a ride that can’t be relied upon. Plus, it’s natural to have concerns about dealing with other people; trusting strangers can be tough. These feelings can definitely make people hesitant to jump in and fully use the service. It’s important to recognize these concerns because they affect how much folks enjoy the experience.

AmericanMuscle.com

This shift is prompting people to reconsider their approach to buying and selling cars altogether. With the freedom that car-sharing offers, many are realizing they don’t need to own a vehicle, thereby escaping the hefty costs associated with it. This trend is helping create a new vibe around shared transportation, reflecting how people want more flexible and sustainable options today. It’s exciting and interesting to see how these changes are shaping car culture in a way that fits people’s lives better.

Recommended Videos

Who uses peer-to-peer car sharing the most?

AmericanMuscle.com
  • Thirty percent of Americans have rented a car through a peer-to-peer car-sharing platform, with millennials leading at 36%, followed by Gen Z at 29% and Gen X at 24%.
  • Among them, 81% described their experience as positive, 15% felt neutral, and 4% had a negative experience.
  • Men (37%) were more likely than women (22%) to have rented a car using a peer-to-peer car-sharing platform.
  • 39% of Americans use car-sharing platforms at least biweekly or monthly, with Gen Z (43%) being the most likely to do so.
  • Only 6% of Gen Z and 8% of Millennials use car-sharing platforms at least once a week.
AmericanMuscle.com

The main reasons peer-to-peer car sharing works

AmericanMuscle.com
  • Convenience (63%) and cost savings (62%) are the top reasons Americans prefer peer-to-peer car-sharing platforms, while trust and transparency (68%) are the top preferences for traditional rental agencies.
  • 27% of Americans purchased or considered leasing a car model after a positive car-sharing experience.
  • 17% of Americans sold a car they previously owned following their experience with car-sharing.
  • 20% of Americans decided against purchasing a car due to the availability of peer-to-peer car-sharing platforms.

Problems associated with peer-to-peer car sharing

AmericanMuscle.com

Among Americans who use peer-to-peer car sharing, 66% have not encountered any issues. However, for those who have (34%), the most common problems were:

  • Vehicle not as described (13%)
  • Delay in pick-up or drop-off (10%)
  • Damaged vehicle (9%)
  • 32% of car-share users admitted to exceeding the speed limit during their rental.
  • Fifty percent of car-share users reported responsible behavior, with Gen Z (64%) being the most likely to report such behavior.

Methodology

We surveyed 1,001 Americans to explore their consumer behaviors, attitudes, and trust regarding peer-to-peer car-sharing platforms, such as Turo. Of the respondents, 47% were women, and 53% were men. The generational breakdown was as follows:

  • Gen Z: 16%
  • Millennials: 53%
  • Gen X: 25%
  • Baby Boomers: 5%

American Muscle conducted the survey in January 2025.

Lou Ruggieri
A lifelong lover of cars, Lou contributes to Motor Trend, Hot Cars, Auto & Truck Connection, and the PowerAutoMedia Group.
Audi CEO shares future plans with a glimpse of the new Audi A5 family
Audi's remaining model launches for 2024 will be a mix of gas, hybrid, and all-electric vehicles.
Teaser for upcoming Audi A5 family.

Noting that the Audi Q6 e-tron premiere this spring gave the green light for Audi's model initiative, Audi CEO Gernot Döllner outlined the automaker's launch plans for new models in 2024 and 2025. Döllner also released the first teaser of what appears to be the tail light and rear light bar for the A5 family, which is due to make its world premiere on July 16, 2024.
Why the heads up about Audi's launch plans is a big deal
Two 2025 Audi Q6 e-trons and a 2025 Audi SQ6 e-tron plugged in at a DC fast-charging station. Audi AG / Audi AG

Earlier this year, Audi reported selling a record number of cars in 2023. The company attributed the increase to its e-tron EV lineup sales. EVs will continue to play a major role for Audi. Döllner said Audi would introduce more than 20 new models in 2024 and 2025, and more than ten new vehicles will be EVs.

Read more
What do Tesla, GM, and Lincoln have in common? The most loyal car buyers, new report says
GM, Tesla, and Lincoln draw the most loyalty
2023 Chevrolet Corvette Z06 front end angle passenger's side parked on a track with dark clouds in the back.

When was the last time you said, "I really love this car," to anyone, or even yourself? Maybe it was back when you had that 1965 Mustang convertible or Chevy Corvette that got you that first date in high school. Or maybe it was when you figured out that, yes, you can actually fit a full drum set into the back of that Pontiac Trans Am WS6 to get to band practice in college. Or maybe it was just last week if you happen to own one of S&P Global Mobility's loyalty award winners, which for 2023 include Tesla, GM, and Lincoln (yes, that Lincoln).
GM wins Overall Loyalty to Manufacturer
For 2023 GM continues its dynasty run in this category, marking its ninth consecutive win. Even more impressive than its current Tom Brady-esque run is the fact that GM has won this title 20 times out of the last 28 years.
Tesla wins Overall Loyalty to Make

Somewhat unsurprisingly, upstart Tesla rolls into this awards ceremony and cleaned up. Winning its second consecutive 'Overall Loyalty to Make' award, Elon Musk's cash cow also added 'Highest Conquest Percentage,' 'Alternative Powertrain Loyalty to Make,' and 'Ethnic Market Loyalty to Make' awards to its stable.
Lincoln Nautilus wins Overall Loyalty to Model

Read more
Aston Martin delays launch of its first EV, says drivers don’t want electric cars
Aston Martin postpones its EV debut due to lack of interest
Front end close up of 2023 Aston Martin DBS 770 Ultimate in front of a dark green studio wall.

You may have thought it was just a conversation you were only having with your friends or coworkers; the idea that although electric cars seem to be all the rage, and every headline is "Tesla, Tesla, Tesla!" there seems to be some more significant facets of the EV world that don't quite make sense yet.

When Toyota CEO Akio Toyoda boldly claimed that EVs would never dominate the auto market, the initial blowback was fierce, with some claiming he was just too conservative and unwilling to embrace the future. But now, we hear that the legendary carmaker Aston Martin has decided to delay the launch of its first-ever electric car due to the lack of consumer demand.

Read more