Given that the global epidemic has left many individuals searching for job, it’s important to realize that there are more options than ever for using your car to generate income. There are many of choices for side gigs and full-time employment, but which are truly worthwhile? What are the benefits and drawbacks of working on your car?
Using a Car Rental or Sharing One
You can essentially hire out your automobile through services like Get Around and Turo. More and more customers are choosing this more individualized automobile rental service over traditional large car rental firms. Consider it the Airbnb of vehicle rentals. You will receive $30, or 75% of the $40 daily rental fee if you choose the regular protection plan while renting through Turo (for more details on renting through Turo, read this Ridester post)
The only thing left to decide is how frequently you can make your car available after that. You may charge a lot more (and earn a lot more) if you drive a more luxurious, high-end vehicle. Some people use Turo to rent out cars and make several hundred dollars a month in profit. The benefits and drawbacks of renting out your car are as follows:
Positives: There isn’t much labor involved at all. Other than keeping it clean and well-maintained, all you have to do is deliver your automobile to clients. Although not necessary, doing so usually results in very happy customers.
Food Delivery Driving
For many years, people have driven food delivery trucks. The quintessential example that comes to mind are pizza establishments. But thanks to apps like DoorDash, UberEats, and GrubHub, a much greater variety of eateries are now offering home delivery options without having to recruit or manage drivers. UberEats pays its drivers between $8 and $15 per hour, while DoorDash pays between $10 and $25 per hour. GrubHub pays $12 per hour on average, but its drivers are only able to work in a specific delivery zone. For the delivery driving statistics stated above, visit this CreditDonkey page.
When consumers were forced to order takeout instead of dining out during pandemic lockdowns, it goes without saying that restaurant meal deliveries made possible by these services saw a significant increase in business. Additionally, you typically receive larger tips than with ride-hailing because people are accustomed to tipping for food delivery, and you keep 100% of all tips. The following are benefits and drawbacks of using your car to transport restaurant food to your house:
Pros: Compared to other car-based businesses, food delivery services receive a higher tip percentage. This is a fantastic method to earn money with your automobile if you’re not the kind to socialize or engage with other people while you’re driving.
Advertising Wraps on Your Car
You have the option to have your car “wrapped” in advertising completely or in part with businesses like Wrapify, Nickelytics, and Carvertise. You might be paid as much as $500 per month for a complete wrap, $75 per month for a rear windshield, and all the money in between if you live in a location where a lot of people will see the advertisement (see this Penny Hoarder article about ad wraps). This obviously only functions if you can demonstrate that you drive frequently in areas where a large number of people may witness it. You will earn more money the more kilometers you put in each day.
Also be wary of any scheme that demands payment in full up front in order to wrap your car; that is a scam and not a genuine way to advertise. The benefits and drawbacks of using advertising wraps on your car are as follows:
Pros: This one is unquestionably the least labor-intensive. All you have to do is drive around; that’s literally it. Furthermore, you might not need to drive anywhere else after that if you have the ideal daily commute in the ideal location.
Cons: The downside, obviously, is that suddenly your car doesn’t have the same look. What if you don’t like the ad they put on your car? What will other people think? A lot of people just don’t like the idea of having an ad plastered all over their car. You could really leverage putting your car to work for making money if you combine the advertising wrap idea with ride-hailing or home delivery options since you know you’ll be out driving around a lot to begin with. There are other ways to make money with a car that are much less common.
