Maybe your car payments are higher than you'd like. Or perhaps you watch your car just sit in the driveway and wish it could work as hard as you do. We recently covered the best cars to drive for Uber and Lyft and both services can earn you extra cash. But what if you’d prefer not to deal with people? We’ve got you covered too.
We've compiled the best ways to make money with your car for both the social butterfly and the introvert that has no desire to shuttle a car full of drunk college students around.
Rent Out Your Car
This one requires the least amount of work on your part. Like the sound of that? If your car is often just sitting idle in the garage, you can put it to work without even lifting a finger (well, after signing up for the service).
Services like Getaround make it easy to rent your car out to other drivers by the hour when you're not using it. It’s free to list your car, they do the legwork of taking photos and you can make up to $10,000 per year.
Another perk is that you don't need to meet the renter to hand over your keys because Getaround's app allows the renter to unlock. If you're worried that your car may get wrecked, Getaround puts those fears to rest with insurance coverage including liability, collision, property damage, and theft.
Turo is another rental service and unlike Getaround, it is less 'car share' and more 'car rental.' Turo allows renters to book privately owned cars in many cities around the globe when they travel. Like Getaround, Turo covers insurance and they state you can earn up to $600 per month listing your car. The drawback is that car renters and owners must meet in person to do the exchange.
If you have a truck or a large SUV, you've likely had a friend ask you to move a large item for them. They may have paid you back in their 'utmost gratitude' or maybe a pizza and a six-pack. But what if you could get cold hard cash for moving items around? It’s possible with services like TaskRabbit and Amazon Flex.
TaskRabbit is a platform that allows people to get assistance with nearly every errand known to man. This includes moving large items like furniture. TaskRabbit can be found in 40 cities and with a $20 startup fee, you can start making money with your truck. According to Entrepreneur.com, the average 'tasker' makes $110 per month.
Part of Amazon's world domination strategy, Amazon Flex allows everyday people to deliver packages to customers. The perks include setting your own schedule, a national presence in over 50 cities and a convenient app. Amazon reports that you can earn between $18-25 per hour delivering with Amazon Flex.
You should be at least somewhat of a people person to do this one. If you enjoy getting to meet new people and making small talk while driving around town, there are numerous apps to consider signing up for.
Uber and Lyft
The major players in this space are Uber and Lyft which require a relatively new, 4-door car in good condition. In addition to these two services, there are lesser-known ways to make money driving people around.
HopSkipDrive is a transportation service for kids of busy parents. It's similar to Uber and Lyft in that you drive your own car, on your schedule, but here you'll need a background in childcare to qualify. If you have 5+ years in your back pocket, you can make up to $30 per hour driving kids around.
Wingz is a peer-to-peer personal driver service. If you'd rather avoid that "you never know what you're going to get" feeling when it comes to your passengers, Wingz provides more peace of mind. Designed for giving rides to the airport, you manage your own schedule, accept the rides you want to give, and have your passenger rebook you again and again.
Two facts of life - all of us need to eat and many of us are lazy. The combination of these things brought about the massive rise of food delivery services like GrubHub, UberEATS, and DoorDash. While it may be bad for our waistlines, it’s great for anyone looking to make some money driving their car around. It's also a good alternative if you'd prefer not to be stuck with chatty passengers in your backseat.
Another benefit compared to driving for ride-share is that the vehicle requirements for food delivery are a lot more lenient so you won't have to worry about the age of your car or its lack of a backseat.
Despite the fact that Uber has been involved in a bit of controversy over the years, their UberEATS program is going surprisingly well. As a driver, you'll get a notification through the app when someone orders, go to the restaurant to pick it up and then drop it off to the customer's door. You'll be paid weekly through direct deposit.
DoorDash is relatively new to the scene but is becoming a household name in food delivery. They've grown quickly by partnering with large restaurant chains to increase their volume. Similiar to the other food delivery services, you just download an app, accept deliveries and make money driving other people's food around. Just don't accidentally eat it in transit (that would be our biggest concern).
Advertise on Your Car
Having ads plastered on the side of your car isn’t for everyone. If you’re someone who takes pride in your car’s appearance and wants it to turn heads because it looks good, not because it's a billboard on wheels, you should consider one of the other options we covered. On the other hand, if you see your car as a way to get from point A to point B and want it to make you some extra bucks in the process, you should look into this option.
Getting the adverts placed on your car involves a car wrap with a sponsor's logo or message. It's important to be wary of scams with car ad companies because there are some less than legitimate ones lurking out there.
According to the Clark.com, Wrapify is one you can trust and expect to earn anywhere from $264 to $452 per month. This probably won't help you retire tomorrow, but why not try it out and make your car payment less of a burden?