"For several years, my brother, Mike, and I talked about wanting to go into business together. We considered a few ideas but hadn't settled on one. In February 2022, we rented an Escalade from Turo for a family trip. Almost exactly a year later, we launched our own Turo business, JDM Whipz. By 2024, JDM Whipz was making six figures in profit."
"Mike: I'm an IT nerd with 37 years of experience in desktop support, server support, and project management. Now, I'm a full-time Turo project manager. Our first car was a 2016 Toyota Corolla Mike: The Corolla belonged to our mom, who died in June 2022. It's still on the platform; I just had the front end repainted and protective film added."
"From there, we purchased a 2017 Mazda, a 2017 Chevy Malibu, a 2017 Equinox, and a 2018 Equinox. By the end of our first year, we had 10 cars. We purchased eight with cash and used "creative financing" for the other two, purchasing them with 0% credit cards Today, we have 13 vehicles - we own 12 outright and have one payment on a 2019 Chrysler Pacifica."
Michael Rumph and Darlene Person launched JDM Whipz after renting a Turo Escalade in February 2022 and registering the company in January 2023. The siblings listed on Turo in late February and secured their first booking the same day. The fleet grew from a 2016 Toyota Corolla to 13 vehicles by 2024, with eight cars bought in cash and two bought using 0% credit card financing. Darlene continues a federal job and preps cars in evenings while Mike moved from a 37-year IT career to full-time Turo project manager. A dealer license and auction purchases offset five totaled vehicles.
Read at Business Insider
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