See below on how to calculate your ROI on your Turo Vehicle cars, whether they are financed/owned or leased:
Below is for financed or owned cars:
If you purchase the car with cash, put in the car cost in the cell where it says $5000 in vehicle cost and column downpayment.
If you are financing the car, put in the downpayment where it says $5000 and then fill in your yearly payments under vehicle cost for years 1-5.
Note that you will need to change your yearly insurance cost (per vehicle), maintenance costs, and yearly income from your vehicle.
Below is for leased cars:
Assumptions:
Leasing a new car. Assume car stays within mileage, no fees due at the end of the lease
Lease terms: $300 a month, $1000 Down, no maintenance required.
Income: $1000 revenue a month
Below is the link for the Google Doc so you can download it: