Find How to Make Money from Your Car.
Anyone that owes a car knows that it is costly, but there are also ways to make money from owning an automobile. Below you will find a variety of ways to monetize this depreciating asset, and we have listed ideas other than Lyft or Uber which of course are so well know these days.
Car ownership comes with convenience, freedom, independence and the ability to drive anywhere. In addition to that, it is also an asset that can be used to make some extra cash from side jobs, advertising and other activities.
Owning an SUV, car, or truck is expensive. It comes with recurring expenses that cannot be avoided, such as gas, maintenance & repairs, registration, taxes, and other miscellaneous fees. But did you know it is possible to make some extra money for you and your family each month from your car?
It is a great idea to try to make some money from your automobile. As after all cars are an expensive depreciating asset that loses 20 percent of its value each year. According to the American Automobile Association, the average cost of owning a car is about $8,469 per year. Car ownership cost can be a financial burden and out of reach for many low-income workers, especially those in rural areas where a car is needed to get to work.
There are many cons to ownership, but it can also be a money-making asset, which is a pro. Here are some great ways to make money from your car.
Examples of a Side Business from a Car
Sell advertising space on your car: It is possible to sell advertising space on your car. While rates, terms and conditions vary, drivers can earn anywhere from $100 to $400 per month. This is a completely free service.
Those who enroll will need to show advertising on the exterior of their automobile. There may be signs, murals, or other adverts placed on your car. Two of the leading companies to sign up at include wrapify as well as carvertise.com. This type of money making opportunity can even be considered passive income, as you get paid each month for little or no work.
Taking kids to school: Working parents need assistance in transporting kids to and from school, appointments, daycare or other locations. Use your car to start a child transportation service to transport kids from different places in a safely manner. HopSkipDrive is one company that offers this service as well as other money making opportunities for driving children.
Depending on your vehicle, you can transport two or three kids at a time. And connect with parents through schools, churches or daycare centers. This can be a relief for working parents and a great way for you to earn money from your car.
Dog Grooming: There are many busy pet owners that want to ensure that their pets properly care for. Start a dog grooming business by traveling from location to location to perform dog grooming activities, such as nail trim, wash, dry or haircut. You can also charge additional fees for taking dogs to the vet, dog walking and purchasing pet food.
Car Videos on YouTube: If you are an expert at repairing cars or have extensive information about automobiles, you can share your knowledge by starting a YouTube channel and monetize it
People are always surfing online for ways to fix things or save money on car repairs. Additionally, you can offer auto repair service locally or remotely by providing detail instructions via email, video or phone. Learn more about how YouTube can help you make money.
Grocery Delivery Service: Grocery shopping is an errand in every household, and many people dislike doing it. Make money from your car by shopping and delivering groceries to customers. Postmates, Instacart and Amazon are a couple companies that seek drivers, and find more details below.
A grocery delivery service only requires a reliable vehicle working cell phone and a printer for flyers or business cards to advertise your service. Your potential customers will be local seniors in retirement communities, busy professionals, parents and those who are homebound with medical issues. This is a great business opportunity if you are unemployed or looking for ways to increase your income while putting your car to generate cash for monthly auto payments, insurance, and gas money.
Taxi/Airport Services: Many Uber and Lyft drivers just focus on airport rides. They just activate the app when they are by the airport or decline other rides. Or you can start your own service using your car.
Depending on your state, you will need to change your license plate and contact your insurance company for liability insurance before you can start a taxi/airport shuttle service. There will also be government regulations to follow.
You can provide specialized transportation service for seniors, passengers with disabilities and families with children who will appreciate extra toddler car seats. Advertise your service by contacting local hotels, airports, and in your community. But watch your expenses and stay organized when you work as an Uber or Lyft driver, as it can be challenging to make money from this. Luckily there are apps for gig workers to help them make money or budget.
Drivers Training: Driving is a must in some parts of the US, and drivers training is still in demand, especially for teenagers with busy parents. Driving school packages can be expensive, and you can offer a discount price.
Depending on your city's population as well as government regulations, you will need a certified DMV instructor license and a clean driving record. License fee can cost about $50. Contact your local DMV office for more information.
Taking Seniors or Homebound People to Appointments: Turn your car into a money-making machine by taking seniors to medical appointments. The senior population is growing fast, and there will be a demand for senior transportation service since millions of Americans will be over 65. Learn more, or apply for these opportunities at Aging on Aging offices. Of course Lyft and Uber drivers can also drive seniors
Seniors are typically safe drivers compared to younger age groups but are more likely to be injured in accidents due to age-related vulnerabilities, arthritis, weaker muscle, and medications which increases fatality rates on the road. And it is difficult for seniors to recover from injuries.
There are millions of people over ages 65 in rural and suburban communities, and many are forced to stay home because of lack of transportation. You can start a paid transportation service for non-driving seniors and provide a safe way for them to get around.
The federal government has included transportation cost in Medicaid programs which opens opportunities for local senior transportation businesses and a chance to earn a reliable income from your vehicle. A car and cell phone are needed to get started. Plus, you will be doing something meaningful by helping seniors to enjoy their independence.
Use Your Car to Deliver Packages
Postmates: An on-demand courier service that delivers goods locally from restaurants, retail shops, and grocery stores. Postmates is now available in all 50 states if you have your own transportation.
Join the Postmates Fleet program to make deliveries with your own schedule in your own car. You will be able to keep 100% of your earnings plus delivery tips, and you can instantly cash out your funds.
Amazon Flex: Use your car to deliver goods for Amazon and make $18-$25 an hour. Amazon Flex allows you to build your own schedule and there are opportunities available seven days per week. The nation’s largest ecommerce site is currently adding delivery partners, and this program is available in the majority of states now.
Roadie: An on-the-way delivery service that allows you to make money from the extra space in your vehicle by connecting people with items and drivers that are heading in the same direction. Roadie is a great way to make money from your car if you drive locally or long haul. You will simply get matched with bundle gigs with similar pick-up and drop-off location.
Whether if you are heading to work or the beach –Roadie allows you to make money on your commute. Drivers earn an average of $60 per local gig and up to $650 on long haul deliveries.
Deliv: A same-day delivery service that mall shopper and retailers. Become a delivery specialist and earn up to pay $22 an hour. Make your own schedule, complete delivery tasks and get paid weekly. You must be 18 and older with a 1998 or newer car and smartphone with data. Deliv is currently operating in 35 states.
Shyp: Earn money with your truck and earn up to $1.4k/week. Applicants must own a full-size truck (1500+), be 21 and older, ability to lift 100lbs and have a clean DMV and criminal record.'
GoShare: Become a GoShare and earn money from your pickup truck, cargo van or box truck. If you don’t own a truck, you can still apply to become a helper and earn up to $47.54 an hour to assist with loading, unloading, and labor only projects.
CitizenShipper: A shipping marketplace that connects shipping customers with couriers who are traveling the same route. Become a CitizenShipper and deliver anything from pets to sailboats across the country using your car or truck. You can earn up to $800 per trip.
Use Your Car to Deliver Groceries With These Companies
Shipt: A same-day delivery service from local grocery stores. Become a shopper and earn up to $22/hour with weekly paychecks. To sign up, you must be 18 years, have a smartphone, and a reliable vehicle 1997 or newer with auto insurance.
AmazonFresh: A delivery grocery from Amazon that delivers fresh foods and locally-sourced products with same-day delivery using your own automobile. AmazonFresh drivers typically earn an hourly pay of $18-$25
Delivering Food With Your Car
Caviar: A technology platform that connects individuals that own a car and want to deliver goods with local restaurants. Sign up to become a courier and earn up to $25/hour with instant payout after each delivery. Applicants must be 18 years older with a valid driver’s license, have two years of driving experience and pass a background check.
Grubhub: Deliver customer's favorite food from their restaurants and earn competitive pay and keep 100% of your tips. Drivers must be at least 19 years or older with two years of driving experience and pass a background check. Bikers must have a valid state ID.
UberEATS- A food delivery platform launched by Uber. Become a delivery partner earn money in your spare time from your car.
As shown above, there is a demand for delivery and transportation services across the country. Or earn a passive income by placing ads on your car. All of these options will allow you to turn your car into a money-making asset and also offset the cost of ownership.