If you own a car, you know just how expensive it can be to own one. From raising gas prices to expensive monthly car insurance payments, being a car owner definitely isn’t cheap. In fact, most people get in over their head financially because of unexpected car expenses.
The good news is that your car doesn’t have to be a money pit. In fact, if you know the right places to turn, your car can actually become a money maker! Do you need money now but don’t know where to turn? If so, we’ve got you covered.
“Make your car work for you by
finding ways to turn it into a
well-oiled money-making machine.
Keep reading to learn about the many ways you can make money by simply driving your car.
Become an Uber or Lyft Driver
Don’t mind the idea of driving strangers around in your car? Are you personable and like meeting new people? If so, you can use your car and make money by becoming an Uber or Lyft Driver. Ridesharing companies have become the latest craze, especially in large cities and on the weekends.
To become a driver for Uber, you must be at least 21 years old, have at least a year of licensed driving experience, and have a valid U.S. driver’s license. You must also be able to pass a background check and must own a four-door, four passenger vehicle that’s registered and insured.
To work for Lyft you must:
- Be at least 21 years old
- Have at least one year of driving experience
- Own a car that’s no older than 2007
- Pass a background check
What’s nice about working for Uber or Lyft is that you’re able to make your own hours. You can choose to work days, nights, weekends, or a combination. You work the hours that work best for you and your schedule.
Depending on the hours you work, you can earn hundreds of dollars a week.
If you’re not a huge fan of delivering people from Point A to Point B, you can always use your car to make money by delivering food. Today there are all sorts of apps like DoorDash and Uber Eats that pay people to deliver food for customers. Unlike a traditional food delivery job, these apps allow you to make your own schedule and work your own hours.
Need money now? Uber Eats and other apps offer instant pay, which means you can cash out your earnings after each delivery.
In order to work for a food delivery service, you must be at least 19 years old, be able to pass a background check, and you must have a driver’s license and insurance. Depending on where you live, you may also be able to deliver food by bike, scooter, and even by foot.
Become a Moving Advertisement
We’ve all seen those cars that advertise a business or product, but what most people don’t know is that this is a great way to make passive income. Companies such as Auto Wrapped and Carvertise pay people to advertise for them.
In order to qualify for these types of jobs, you must first regularly drive in a high-traffic area. So if you live in a rural part of town or park your car in a garage, this isn’t the position for you. But if traffic is part of your everyday life, you can effectively turn your car into a billboard on wheels. In turn, you can make a commission off of new sales!
Know someone who lives nearby and works close to you? Want to reduce the amount of mileage you put on your car? Looking to spend less on gas? If so, consider carpooling.
In efforts to cut down in traffic and pollution, several cities throughout the U.S. now pay residents to carpool to work vs. driving separately. For example, if you live in the Washington, D.C. area, starting or joining a new carpool will net you $2 a day. Over a 90-day period, you’ll earn $130, and this doesn’t even include the gas and maintenance savings!
Other similar programs exist in cities like San Mateo County, California and Birmingham, Alabama. In California, you can earn a $50 gift card for joining or starting a new carpool. In Birmingham, carpoolers can make up to $70 over a 90 day period.
Make your car work for you by finding ways to turn it into a well-oiled money-making machine. No matter if you’re looking for a full-time job or a side-gig to make ends meet before your next paycheck, simply using your car is a great way to make money without putting in a lot of effort.
What are your favorite tips for making money driving a car?
Share your thoughts and comments with us.