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We live in a world in which you can make money with just about anything. In the past, I’ve told you how to you can make money with your smartphone and recipes. Today, I’m going to show you how you can make money with your car.
While there are many opportunities to earn an income with your car, many of the resources provided below require that you live in a specific city, drive a newer car, and pass stringent background checks. Many places indicate you can make several hundred dollars a month, which is well short of earning a living.
Be sure to check out all the resources carefully and read terms of service. While many of these companies offer additional insurance coverage when your car is in use, driving people around or letting them use you car carries huge liabilities.
Do you drive around town a lot? There are services that will pay you to have their business information on your car. Some places pay as much as $400 per month or more, doing what you already do, except now you have an ad on your car. Some services will pay incentives for driving your car to certain places. Check out these companies or others you find carefully. There are scammers using car wrap services to run fake check scams.
People need rides. You can get paid up to $35 per hour or 80% of the fare to give them one. You’ll need a reliable car, smartphone, good driver history and insurance. Here are a few places that will pay you to drive people around town:
Uber – Pays 80% of the fare.
Lyft – Pays up to $35 per hour.
Shuddle – Helping parents get their kids to their events. Has more stringent requirements for the driver and the car. Pays up to $40 per hour.
Rent Your Car
If you trust other drivers with your car, you can rent it out. For example, if you fly a lot, you can leave your car with a service that allows people to rent your car while you’re traveling.
FlightCar – Get free airport parking and earn rental fees.
RelayRides – You can set your own fees.
GetAround – Earn up to $800 a month by letting others rent your car.