Chris KoernerSerial Entrepreneur and Content Creator

How to start a Cybertruck rental business or side hustle

7 Jun 2024 · 1 min

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A YouTube video by Chris Koerner presenting an arbitrage opportunity: renting Cybertrucks on Turo in Texas appears highly profitable versus renting 2022 Toyota Tundras. The speaker cites counts of listings, availability, average daily rental prices, and used purchase prices to argue Cybertrucks generate much higher daily revenue relative to their purchase cost, framing this as a time-limited arbitrage.

Questions this video answers

$425

$118,000

Chapters

Here's a genius arbitrage opportunity, and I'm begging you to steal it from me. I've done all the research. There are 43 cybertrucks listed for rent on TURO in the state of Texas. Only 15 of them are available today. Average daily rental price 425 bucks. Average price on Auto Trader to buy one used 118 grand. That sounds like a lot, but hear me out. 2022 Tundras. There are 47 in Texas on Turo, almost the same amount, but 24 of them are available at only 70. $72 average rental price. And it costs 40 grand to buy one on AutoTrader. So what's the conclusion? Cybertrucks on Turo have 50% more demand, fetch six times the daily rental income, and only cost three times as much. That's what arbitrage looks like. Will it last forever? No way. But it never does. There's a reason that Turo only has a cybertruck on their homepage.