Subtitles section Play video Print subtitles I love Porsches. Let's say, how many? I have five. Kent Liu owns 11 vehicles, from Porsches to Jaguars and Alfa Romeo. He rents out his fleet on a car-sharing app Turo, frequently referred to as the "Airbnb for cars". I started in 2013. I started with the Honda Accord and I purchased that car specifically to rent out, to test out the peer-to-peer car-sharing model. You know, it was really successful so I figured, why not scale it? I've been adding cars to my fleet ever since. According to Turo, the average monthly earnings for owners on the platform is $720. And if they have more than three cars, they can make over $3,000 per month. The vehicles don't have to be high-end sports cars. Demand just really went off the charts. The 50 Euro Honda was being rented all the time. People loved it. Ann Connolly joined 4 years ago with her 2002 Honda CRV, and has since purchased two additional vehicles to rent out. It wasn't really ever a full-on intention to run the business, the car-rental business, but it just sort of, happened. Since Turo is a peer-to-peer service, they act as the middle man, so they don't own the cars, pay for parking, or servicing. They take care of all the marketing, the back-end support. Insurance is also the key thing that they take care of. Car-sharing will not be a true game changer according to the Boston Consulting Group. Still, they project 35 million people worldwide will use the type of service by 2021. Heads off from just 6 million users in 2015. And it's become far more popular in Europe and Asia than in North America. The way I see it is, if the car is rented out more than 50% of the month, then it's time to get another car. It's all about meeting that demand for these high-end vehicles. Definitely see why I want to try it out.