There are many ways to have extra income. From doing side jobs to investing in stocks, you can earn more aside from your day job pay. But another easy way to earn is already right in front of you, and you might have considered it before but never entertained the idea. Basically, your car can become another source of income instead of just being a thing that you pay gas and maintenance for.
There are different ways to make money from your car. Some will require you to drive around and transport people and items, while some can be more passive, and you can get paid without doing most of the work. But all of these will depend on your willingness to put your car to work more than usual. Each will have its own advantages and disadvantages that you can weigh before entering this particular business scene.
Delivery Service
A popular way to make money from your vehicle is by offering delivery services. When the pandemic hit, many people turned to delivery services to have their daily needs dropped off directly to their doorsteps. Even now that people are starting to come out of their homes and roam the streets once more, many are still using these services, not just to keep themselves safe but mostly for their convenience. With this, it is easy to see how you can get paid by just driving items around.
You can start by approaching small local businesses that do not have their own delivery vehicles, especially food establishments. This can be a simple job as most of your deliveries might only be in a relatively small area. There is also the option of partnering with online shops which can benefit from your services. But you can also partner with larger companies that specialize in packaging and delivery service. This will involve online applications that will give you instructions on where to pick things up and where to drop them off, depending on how flexible your schedule is.
Rideshare Services
Surely, you’ve experienced how convenient ridesharing is compared to hailing cabs beside the road. Uber and Lyft are the most popular companies that cater to people’s need for easy transportation. Even though they suffered during the pandemic, it is predicted that their services will still be in demand for the years to come. This is a good task if you are willing to let strangers into your car and drive them around the city. The quality of service you give, from how comfortable you made your passengers to how smooth the ride was to their destination, will all be taken into account and give you more credibility and passengers in the long run. With car window tint film, Wi-Fi access, charging ports, and many more, you can satisfy your customers with warm and mobile hospitality.
Running Errands
Do you have too much free time? You can run errands for people who don’t have time in their hands or cannot go around and do their tasks. A big market for this business includes the disabled, senior citizens, and busy business people who will task you with buying groceries or going to the bank and the like. Your car will be an important tool in running errands, but you will likely be doing most of the work. Apps like TaskRabbit make it easy to find these customers and earn from helping those who need your assistance.
Car Rental
You can also rent out your car if you don’t use it often. This is quick and easy money as you can just post an ad online or use popular car-sharing apps that offer auto insurance for when you rent out your vehicle and immediately have someone pay to use your car. This kind of service can pay well, but risks like car damages and repair fees are expected when you let others use your property.
Advertisement Space
Using your vehicle as an advertisement space for other businesses is also a quick way to make money from your car. Unlike the previous ideas, getting your car covered in ads will not require much effort. Vinyl decals will be installed and will cover the exterior of your vehicle. How much you earn will depend on how big the decal is and how much surface area it will take up. The larger the space it covers, the more you get paid. Your vehicle will literally become a moving billboard while you drive around the city.
No matter what option you choose from the ways mentioned, you will definitely earn some cash using your car. But before committing to any of them, make sure that all safety precautions are taken as car accidents are big risks in this kind of venture. Also, getting car insurance for unexpected mishaps is a must. So weigh the pros and cons of each of these and start putting your car to better use.
