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Ways to Make Extra Money With Your Car
We all know that a little extra money in the pocket couldn’t hurt. In the gig economy, you do have a lot of options but what if we told you the best thing you can get extra money fast is sitting right in your garage?
Some additional money is always helpful when trying to make ends meet. Finding just the right opportunity to earn those dollars might not present itself immediately. If you don’t know ways to make extra money online We are here to tell you that you really needn’t look that far. Apart from being our trusted companions for getting around town, cars also offer their owners another significant benefit without the need to sell your car even if it is not a BMW build the car.
With your car, you have many avenues open to make a quick buck, here are a few of them for your perusal. One of the main ways to make extra money is to call before you sell your car to junk car buyers nearby.
Join a Ridesharing App
This one might seem quite obvious if you have a good driving record and a car that is well maintained, you can be assured of some extra money whenever you have some time to spare. What might not be obvious is that you can look beyond Uber to join the ridesharing gig.
Didi the ever-popular Chinese giant ride-sharing app has an equally loyal customer base that you can tap into also hiring gigs workers. With its cheaper rates and generous referral programs, the app has built up quite a following in the few years it has been on the market.
Other equally great options to explore would be GoCatch and Ola. For women drivers, it might be worthwhile looking into Shebah, the women-only ridesharing app that awards 85% of the trip cost to the driver.
Still, driving for a ridesharing app in your spare time is a great way to press your car into a money-making service. Depending on where you live.
- Uber. Uber is the most popular U.S. ridesharing app. Drivers must be 21 years of age or older and U.S.-licensed, with relatively clean driving records and at least one year of driving experience. Vehicles must be newer than 15 years old and have at least four doors; requirements are stricter in some cities and states. Drivers who don’t own their own cars can rent vehicles on an hourly, weekly, or long-term basis through Uber’s vehicle rental partners. Rental fees may reduce your net income, however.
- Lyft. Lyft is Uber’s main U.S. competitor. Its biggest advantage for drivers is that in-app tipping is customary. Lyft’s car and driver requirements are similar to Uber’s. Drivers must be 21 years old with U.S. driver’s licenses and relatively clean driving records. Vehicles must be four-door compacts or larger (no subcompacts), newer than 15 years old, and meet all applicable city and state requirements (which may be stricter than Lyft’s basic requirements). Drivers who don’t own their own cars can rent vehicles through Lyft Express Drive, though rental fees may reduce their net income. Lyft Express Drive requires a rental commitment of at least seven days.
- Gett. Gett is an Israel-based ridesharing app formerly known as GetTaxi, which has a user base that pales in comparison to Uber and Lyft. The service covers more than 100 cities globally, namely in the U.K., USA, and Israel. Abroad, users can request a variety of transportation options, including both traditional cabs and limousine services.
The biggest incentive for using Gett while traveling abroad, however, is pricing. The service never charges a premium during busy hours and pays drivers a competitive hourly wage rather than a percentage of every fare, like Uber and Lyft. The company then passes those savings on to riders.
- Local Alternatives. No other ridesharing app has widespread traction in the United States, but smaller, homegrown alternatives may exist in your area. Juno, for instance, is popular with drivers and riders in the New York City area. With in-app tipping and better base compensation than Uber or Lyft, Juno bills itself as “the socially responsible way to ride” – and makes no secret of its mission to poach highly rated drivers from its two main competitors.
Consider Delivering Food
If driving around strangers doesn’t seem ideal, an equally in-demand market is food delivery. While we all appreciate the convenience of our favorite food delivery services, there is good money to be made on the other side as well. Instacart is probably US’s widest-reaching food delivery service and is ever ready to accept new couriers.
You might also want to take a Kroger which maximizes your income during the busiest times which happen to be the weekends. Alternatively, if you are already driving with Uber, you can also join the platform as an UberEats driver to increase your income. Other platforms to consider would be the extremely popular DoorDash an ever-popular food delivery app that as the #1 food delivery app in the USA has gained quite a loyal customer base down under. They also offer plus promotions along with competitive base pay.
Shop for Groceries
If you are running some errands anyway and have some extra space in the car, why not put some of that time into shopping for groceries for people in need? While platforms we have mentioned before like UberEats and Instacart started off as purely food delivery apps, the pandemic allowed them to expand into delivering other essentials for people. The good news is if you sign up on these platforms you can switch from being a shopper or a deliverer at your convenience.
Other apps that pay good money for this much-in-demand service also allow you to contribute to your community while making some extra money. This is an ever-booming sector and there has been a rise in hyperlocal apps. like WiseList which currently operates in the Melbourne metropolitan area.
Become a Courier
The gig economy has further opened up opportunities for car owners by now enabling them to deliver parcels. While companies have started accepting all forms of vehicles, you will benefit more if you have a larger vehicle like a Ute or SUV since you can accommodate multiple parcels at once. For example, you could also try to offer courier services for companies such as Fairfield wreckers and get reasonable extra money for your service.
You might have heard of Amazon Flex which will allow you to flex your income by delivering Amazon parcels. However this is not all, you have a horde of options to choose from if you are up to the job. There’s Zoom2u that offers you complete flexibility when you work.
Be an Advertiser
If all the above options sound like too much work for you, the easiest way you can make money fast without quite working is to earn money for car advertising. You can get paid for car advertising stickers while driving yourself by letting suitable advertisers wrap your car in their colors.
Some advertisers are willing to pay top money for their campaigns to reach the places they want. You can also choose between partially wrapping, half wrapping, or fully wrapping your car. Most firms like Wrappli that specialize in moving advertising will invite you to ad campaigns that are based on your driving habits. Companies like Ads on Wheels offer up to $2,100 per campaign and will take care of removal and reinstallation. It is a good effort to get paid for advertising on your car
Rent Your Car
Now if you don’t like the idea of wrapping your car or driving around handling tasks for others, you can also earn money while enjoying a day off at home. Rent My Car allows people looking for a car near you or to take a quick trip to rent your car for a handsome fee. You can rest assured since the app verifies their borrowers and also offers compensation in case your car is damaged or stolen.
Leaving town for a while or looking to make use of a car that is simply sitting in your garage, consider Drive My Car which requires a long-term commitment from you. Since the app requires at least a 7-day signup, it is suited for those not using their cars for a specific time period but the good news is your car will continue to earn while you are enjoying a cocktail by the beach.
Owning a car can be an expensive pursuit but it doesn’t have to be. You can earn the money to pay for your down payments or even money for fuel h by considering any of the above options. A car can be a real money-making machine for those keen to earn some extra money.
Operate as a shuttle service for children
HopSkipDrive is a transportation service for children. You can earn up to $40 per hour plus bonuses as a Care Driver and set your own work schedule. Even better, the mobile app gives you the ability to schedule rides up to seven days in advance. To qualify for the role as a Care Driver, you must be at least 23 years old with five years of caregiving experience, a good driving record, and a four-door vehicle that’s no more than 10 years old.
The bottom line
There is a wide range of options available for car owners looking to help cover their car payment and spend less out of pocket at the pump. Take advantage of the world of the gig economy and make some extra money behind the wheel of your own car.
Consider trying out multiple options until you find those that are most worthwhile. But before you do, make sure your auto insurance is up to date.
Final Thoughts
Overall, if you already own a car, you’re in a great position to pick up an easy side gig that will let you make money driving. But car ownership can also give you access to other jobs that aren’t “driving” jobs but do depend on reliable transportation.
Cars aren’t “investments” in the way that stocks are, or even houses — they always decrease in value over time. But if you can make money using your car in the meantime, you can offset some of that depreciation and pick up extra money along the way before you go to peddle cash for junk cars.
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