Chris Williamson was searching for a new car to help serve his family. After talking it over with some friends and co-workers he discovered a different way to cover the expenses of a new car. Using Turo, Chris rents his new cars out when he isn't using it and uses those extras funds to help cover the cost of the car.
It allows his family of seven to have a nicer car, essentially for free.
"It's great to have that little bit of extra income and not have to worry about the car payments," said Williamson, a teacher from the Phoenix area.
But his customers and others using car-sharing apps around the United States get their rentals tax-free. That's made them a target for rental car companies, airport authorities and local governments. They say users of the upstart apps should pay the same taxes and fees that come with traditional rental cars.
At stake is hundreds of millions of dollars in revenue that cities and airports count on to pay for stadiums and convention centers or to fund police, fire and other general operations.
"These companies are very sophisticated, technology-savvy companies that have hundreds of millions of dollars invested in each of them," said Ray Wagner, Senior Vice President for Government Relations at Enterprise Holdings, parent of the nation's largest car-rental firm. "They should be expected to comply with the same rules as a small, mom and pop rental car company located in rural Arizona."
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