How to Make Extra Money with Your Car
Do you find yourself with a car that’s sitting idle most of the time? Why not put it to good use and make some extra money? With the right approach, your car can become a source of additional income. Here’s a detailed guide on how to make extra money with your car.
1. Carpooling
Carpooling is a popular way to make money with your car. Platforms like Uber Pool, Lyft Shared, and Via offer drivers the opportunity to pick up multiple passengers for a lower fare than a standard ride. This can be a great way to make extra money, especially during peak hours or on busy days.
Platform | Passenger Limit | Typical Earnings |
---|---|---|
Uber Pool | 2-3 passengers | $10-$20 per ride |
Lyft Shared | 2-3 passengers | $10-$20 per ride |
Via | 2-3 passengers | $10-$20 per ride |
2. Delivery Services
With the rise of food delivery apps like DoorDash, Grubhub, and Uber Eats, you can make money by delivering food or packages. These apps often offer flexible schedules, allowing you to work as much or as little as you want.
Here’s a breakdown of the earnings potential for each platform:
Platform | Base Pay | Tip Potential |
---|---|---|
DoorDash | $5-$10 per delivery | Varies |
Grubhub | $5-$10 per delivery | Varies |
Uber Eats | $5-$10 per delivery | Varies |
3. Car Rentals
Consider renting out your car when you’re not using it. Platforms like Turo and Getaround allow you to list your car for rent and earn money. You can set your own rates and decide how much you want to rent out your car.
Here’s a comparison of the earnings potential for each platform:
Platform | Base Earnings | Insurance Coverage |
---|---|---|
Turo | $20-$30 per day | Optional |
Getaround | $20-$30 per day | Optional |
4. Car Wash and Detailing Services
Offering car wash and detailing services can be a lucrative way to make money with your car. You can start by washing cars at local businesses or offering your services to friends and family. As your reputation grows, you can expand your client base and potentially hire additional help.
Here’s a breakdown of the costs and potential earnings:
Service | Cost | Typical Earnings |
---|---|---|
Basic Wash | $5-$10 | $10-$20 per car |
Detailing | $50-$100 | $100-$200 per car |