If you own a car & looking to make some money from your car then I can tell you number of better ways you can use to earn from your car.
It is wise to make best use of your car for something more than just being used for a personal transport.
It does not matter what type of car you got, you can make money with it irrespective of the car you own. However bigger the car the better it is.
In this article I give you 10 guaranteed ways to make money with your car or even any 4 wheeler.
If you have time then you personally can do it or else give to someone else. You earn both ways.
10 Ways to Make Money with your Car
Here are the 10 ways you can try-
1. A Taxi Service with Uber
Yep! On of my friend did this for 6 months. He personally used his car for a cab or taxi service.
If you live in a metro city then you can easily attach yourself to Uber or OLA cabs. Believe me, the cab drivers make a lot of money.
You just have to call nearest regional office or call directly to main branch of Uber or OLA for new registration.
Submit all the required documents like ID proof, address proof, license etc to the company.
The company (OLA or Uber) will check your car’s condition and will give you a smartphone with OLA apps installed in it the same day.
They will give you all the guidelines and finally you can start your work.
Money you make for every ride, Uber & OLA will cut 20% as a commission on it. They also give you bonus if you take 10 rides a day.
The money is really great if you work properly.
2. Start Giving Driving Lessons
If you are too busy and can’t become an Uber cab driver then you can start giving driving lessons.
You can open a small driving school where you can teach new recruits how to drive. You can start with just one car, as your business grows you can buy few more.
You can teach on weekends if you like. You need the license and a little bit of advertisement to get customers.
You make good cash.
3. Car Wrapping: Run Advertisements on Your Car
You might have seen cars and buses wrapped around advertisements.
You have to stick posters of the company you are promoting on your car. Your car will show ads by placing a poster on the rear window or whole body of the car.
You join a company online and wait for a sponsor to come by. Once you get a sponsor you will approve the visual design of the poster and stick it onto the car.
The ad will stay on your vehicle for 1 to 2 years as per contract. You get paid through PayPal, bank transfer or checks.
For more visit http://www.carvertise.com/ and check if you can get ads for your car.
4. Rent or Lease Out Your Car to another Driver
This is one of the best options if you don’t want to get involved personally.
Just give your car to someone you know and trust. He will use the car and pay you a rent on daily basis.
For example you can set a rent of Rs 1000/- or $50 per day. The person you rented will pay you this amount everyday.
You can also lease out your car for a year and get money lump sum.
You make money sitting in your home. For getting drivers use your connections or place ads.
5. Running Errands and Home Deliveries
You can offer services like running errands and other home deliveries in your area. Errands like groceries, vegetables, milk etc can be done using your car.
You don’t have to do yourself you can hire a driver. You get paid for every delivery you complete.
You can also tie up with a food chain like pizza delivery where you get orders in bulk daily.
6. Ride Sharing or Car Pooling
This is nothing new and you already know it. People have to commute to their offices and you can offer your car and charge a fee.
Similarly you can also transport school children every morning and evening and make good money.
The best part is you can do it part time because you have to carry them only in morning and evening, in between you are free.
7. Transporting and Shipping Goods
If you don’t like to run errands or home delivery then you can use your car to carry parcels.
Your car will carry goods and other items from airports and deliver it to the office of the courier company you are working with.
You don’t have to drive the car as you can hire a driver. You will be paid for every delivery you make based upon the weight you carry.
8. Tourist’s Guide and Sightseeing Tours
If you don’t like cab services then there is another option.
Use your car for sightseeing tours. You will take your customers on a sightseeing tour around the city.
You have to know about the city and have a decent communication skill.
Here you will get high end visitors who are willing to pay you more. They will book your car for a day or two.
9. Food Truck
I know there is a problem with food truck because you may not be into cooking and catering.
However if you want to get into food and catering business then you can take it to the road.
You can use your car to deliver food in your city. The demand is great and you can make a lot of money with a food truck.
10. Sell Your Car
Finally you can downgrade your car and sell it at a best price.
You get the lump sum amount after you sell your car. You can use that money and invest into something new that you always wanted to.
Especially if you rarely drive then this is the best option for you.
So these were 10 ways you can use your car to make some extra cash. Just go for one or two options.