5 Surprising Ways to Make Money with Your Car

5 Surprising Ways to Make Money with Your Car

If you get a bit creative, look around in your home, or become resourceful and just work with what you got, there are, in fact, plenty of opportunities to earn something on the side quickly.

I’ll now share some ideas on how to make money with your car, and that’s just one of the many other things you can do this week to earn extra cash.

Why would someone do that, you may ask.

Well, for a start to get quick money if you’re in need and something unexpected or urgent has come up. It can also be a great addition to your monthly income if you’re looking for ways to grow it.

Some people just like being practical and making the most of what they own. So using your car to make money is one such opportunity.

Doing this can also be to make a big purchase that will improve your life somehow, or to avoid taking a loan or asking family and friends to help out.

Whatever the case, you should know that there are some quite smart ways to make money with your car, without doing anything too complicated or making big changes in your lifestyle.

Here’s how you can do that:

How to Make Money with Your Car

1. Get paid to drive.

Looking for a side income with no investment and which can be started right away? Well, what better way than to make money driving your own car.

If you don’t mind doing this longer and in your free time, and having to deal with passengers, then become an Uber or Lyft driver.

To make this work for you and without any complications, do a little research in advance. Make sure you follow the rules of these companies, know the average rates, have a good personal insurance policy (or even better, rideshare insurance), and are familiar with how other people have done this and what the disadvantages are.

Of course, it might not be your thing. But it’s okay if you just give it a try and move onto another way to make money with your car.

2. Rent your car.

Don’t feel like driving in order to get paid? Well, there’s an even easier option – simply rent out your vehicle.

It usually works best if you’ve got a second car, or don’t need yours that much.

There are services you can use to rent it such as Turo, Getaround and Hyrecar.

3. Lease swapping.

If your car is on a lease, and you can’t or don’t want to continue making monthly payments, you can try lease swapping.

Basically, it means letting someone else take over car payments.

If you manage to find a person who’s looking for a new car soon and doesn’t want to go through all the paperwork, he can then take all your responsibilities for the vehicle, together with the rest of the money that needs to be paid to the bank over the course of a certain period.

This can give you some freedom if you’re looking to reduce your expenses, get out of any form of debt, or are just looking for a new car and need to get rid of the current leased vehicle quickly.

4. Advertise on your car.

Another great way to make money with your car with no extra effort, is to turn your car into a mobile billboard.

There are some requirements you’ll need to meet, but depending on the company you find and work with, car advertising can work pretty well for you.

Of course, it depends on factors such as how often you drive it, if it’s well-maintained, how big and popular your area is, etc.

If that sounds like fun, think about renting ad space on your car for some quick and easy money.

5. Make deliveries.

Last but not least, why not make some cash while running your everyday errands, or during the weekends and your free time, by making deliveries?

Could be packages, groceries, items for Amazon, or even do different things with TaskRabbit by choosing your jobs, rates and schedule. And who knows, that might turn into a small delivery business some time in the future.

As you can see, there are plenty of chances to make money with your car every day.

What grabbed your interest the most and are you willing to test it soon?

What’s The Real Price of Running a Business on Wheels?

It feels good to treat your car like a business, until something goes wrong. Because then every little hiccup basically becomes a “how much is this going to cost me?” moment.

You need to protect your money, you need to protect your business, and to a degree, it’s scary to think that your business is destroyed if your ride gets destroyed. Even a flat tire just wrecks half of your workday. 

Get a small dent? Well, that might just send your insurance bill through the roof. You see the issue here?

Your Car is More Than Just a Car

Once your car starts working for your business, it’s not just a vehicle anymore. In a way, it’s basically like your sidekick.

It’s your money-maker. It hauls your tools, carries your equipment, and gets you from job to job. Without it, you’re grounded.

But of course, there’s the whole catch here too, because every mile you drive for work means more wear, more maintenance, and more risk. 

You’re not just dealing with the usual oil changes and brake pads. You’re dealing with other drivers, city traffic, unpredictable weather, and all the “fun” surprises that come with being on the road constantly.

Unfortunately, you have zero control over other drivers, and you might panic and wonder will a hit and run claim raise my insurance

Because yes, even accidents that aren’t your fault can make your premiums creep up, and that’s the kind of fine print no one remembers reading. That alone can make the cost of living hard, and just running your business hard, because premiums are eating everything that you make. 

Every Mile Has a Price Tag

Here’s something most people don’t realize until they start a mobile business: your car basically becomes an employee you have to pay. There’s gas, insurance, repairs, and maintenance, and that’s before anything goes wrong.

But even a tiny fender bender can snowball into a mini financial meltdown. So, just running a business on wheels means the car drama hits harder, because downtime doesn’t just mean inconvenience. It can very well mean lost income, and maybe a risk to your reputation too.

Treat It Like a Business Asset 

So many small business owners make the mistake of treating their work car like a personal one. But if it’s helping you make money, it deserves better treatment.

Just treat it more like an investment, because it’s investing in your business. 

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