Do you need extra money? Wouldn’t it be great if there was a way to make money using your car? Well, we’re here to tell you that making money from your vehicle is not only possible – it’s easier than ever! From ridesharing companies like Uber and Lyft to delivering meals from local restaurants, there are dozens of innovative ways to use your vehicle as an income source.
In this blog post, we’ll outline seven effective methods for turning driving into cash. Whether you have extra time on the weekends or want a full-time job using just your car – these methods will show how anyone can maximize your vehicle’s earning potential. If you’re ready, let’s get started!
Easy Ways to Make Money Using Your Car
Whether you need an additional source of income, a side hustle, or want to start a full-time business, there are many possibilities to consider when making money using your car. Some examples you might want to explore are as follows:
Ridesharing
If you live in a densely populated area and have a lot of free time, why not use your car for ridesharing? Many apps or platforms, such as Uber and Lyft, let drivers join to become one of their drivers. It ensures a steady stream of customers since people always need a ride from one place to another.
Signing up is relatively straightforward, and there aren’t many requirements. Typically, you need a valid driver’s license, a vehicle in good condition, and ridesharing insurance that offers liability and physical damage coverage.
The busiest times of the day would be morning rush hours and nights, so you can choose to work on those periods. Since you’ll be earning based on a per-trip or hourly basis, you can control your hours and create a schedule to allot free time for yourself!
Use Your Car as Advertising
If you don’t mind using your car as a moving advertisement, you can work with companies who pay vehicle owners willing to advertise via car magnets, stickers, or wraps. It’s like a rolling billboard that allows you to earn some extra cash.
Some companies you can check out if you’re interested:
- Wrapify
- StickerRide
- Nickelytics
- Carvertise
Depending on the duration, you can earn as much as $500 monthly. Plus, some companies offer additional bonuses if you join their activities. However, read the contracts since some will have early termination fees if you fail to uphold your end of the contract.
Offer Your Car for Renting Purposes
Another way to monetize your car is to rent it out. If you still have your old vehicle and it’s in relatively good condition, it’s best to offer it to those who need a car temporarily. You can rent it out for days, weeks, or even months!
Some platforms you might want to check are:
- Turo
- Getaround
- HyreCar
You can also post on Facebook Groups and Craigslist if you like. It’s all about using an asset instead of leaving it to gather dust inside your garage. If you don’t want to let go of it but need an additional source of income, this option is probably the best for you!
Move Heavy and Large Objects
Moving heavy and large objects is a side gig that you can turn into a business. However, you must own a pick-up truck or an SUV to enter this business. Some items that you can consider moving are office equipment, furniture, appliances, or even boats.
You can also take it a step further with junk removal services, which means you can pick up old couches and used tires or dispose of construction materials. Some extra services you can offer are clean-up after moving items and delivery to the landfill. Once the business takes off, you can add car magnets to advertise your service and get more customers!
Check with your state’s requirements since they usually have regulations for transporting goods from one place to another. Safety should also be a priority, so consider getting insurance if accidents happen while in transit!
Deliver Food
Convenience is the utmost priority for Americans with hectic schedules. Most don’t have the time to cook and prepare their food at home. Some don’t even have the energy to pick up their food. Due to these circumstances, numerous platforms have surfaced to provide food delivery services.
Some of the platforms you can join are:
- UberEats
- GrubHub
- DoorDash
Depending on the type of delivery, a customer’s location, and tip, you could earn anywhere from $10-$20 per hour. The trick here is to know when the demand for deliveries is high to maximize your time. You can also plan your route, so it’s easier to make the deliveries and not run around like a headless chicken!
Become a Delivery Driver for Amazon
Amazon Flex is the latest solution from Amazon for customers who want faster and more convenient delivery times! The best part is you can use your car, so you don’t need to operate any of Amazon’s fleet vehicles.
As the name suggests, you get to be flexible with your time. You can schedule when you’re available and pick up the packages from Amazon’s warehouse. After that, Amazon’s app will show you where to drop off the packages. You can earn as much as $18-$25 per hour, depending on how fast you are at delivering.
It’s worth noting that Amazon will only hire on a rolling basis, based on the area’s need for delivery drivers. For instance, they currently offer Amazon Flex in New York City, Rochester, Pittsburgh, and other dense cities. If you don’t live in these areas, you can sign up beforehand so that Amazon can contact you if they ever need your services in your location.
Elder Transit
Do you have the patience and empathy for older people or persons with disabilities? If yes, you can use your car to become an elderly transit driver.
Some platforms and entities you can partner with include:
- GoGoGrandparent
- Veyo
- iTNAmerica
For instance, GoGoGrandparent partners with Uber and Lyft to give seniors access to transportation. You’ll sign up with them instead of the ridesharing platforms. On the other hand, Veyo partners with insurance companies and health facilities and offers non-emergency medical transportation, which is covered as an insurance benefit.
Make Money with the Help of Your Vehicle
Cars are imperative due to the convenience and comfort they offer. If you want to supplement your income but also prefer flexibility, why not use it as a source of income on the side? You might even discover that you’re thriving in this business! Keep exploring and learning about the different opportunities available to you. Don’t stick with just one – try multiple options so that you can figure out what works best for your needs and schedule.
