Great Ways To Make Money With Your Car

Whether you just passed last month or have been driving for over a decade, I think we can all agree that cars can get pretty expensive. These days, fuel alone can cost you an arm and a leg, but then you also have to take into account tax, insurance, maintenance, and any repairs you might have to deal with. This, unfortunately, adds up to a pretty substantial amount. Thankfully, cars aren’t just money suckers – They can earn you a decent amount of cash too. If you want to boost your income, here are five great ways to make money with your car.


  1. Become A Taxi

If you have children, then you should already know what it’s like to be treated like a taxi service. Thankfully, these days, you can actually get paid for your time. With companies like Uber and Lyft, becoming an independent taxi is easy. All you need to do is meet their simple requirements. With these apps, you can set your own schedule and decide whether or not to take certain rides, so you only have to work when and where you want to.

  1. Deliver Food And Packages

If you don’t fancy driving people around, there’s nothing stopping you from delivering their packages and food. Food delivery services, like UberEats, let customers order food from local restaurants, cafes, and other eateries and pay with the app. All you need to do is pick the food up and deliver it to the customer. With other companies, like Yodel and Amazon Flex, you can become a self-employed courier and deliver packages to people in your local area.


  1. Rent Out Your Car

Of course, you might not want to do much work at all, in which case, you’re in luck. With websites like Rentecarlo, you can rent your car out whenever you’re not using it, whether it be just for one day, a weekend, a whole week, or even longer. You just need to set the availability of your car, the location, and the price. However, you should check with your insurer to make sure that this won’t invalidate your insurance.

  1. Sell It Online

Your car may be old, unsafe, or damaged beyond repair, but that doesn’t mean you can’t still use it to make some money. There are plenty of cash for cars services online that are willing to pay top dollar to recycle your car, which is a much better option than paying someone else to dispose of it for you. Most will also come and pick your car up for free so that you don’t have to waste money on having it towed.


  1. Rent Out Your Space

Once you’ve sold your old car, you’re going to have an empty parking space until you go and buy a new one. Rather than let this go to waste, you can rent it out on a site like ParkLet. This is much easier to do when you live in busy locations, like near an airport or in a city centre, but it can be done in smaller areas too. Just make sure that, if you rent your home, you ask for permission from your landlord.


Don’t let your car drain your bank account dry, choose an idea above and use it to make some money instead.

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