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12 Creative Ways to Make Money with Your Car

 






Your car is more than just a ride it’s also a potential income source. Whether you drive a hatchback, a pickup truck, or something in between, you can use it to make extra money.

In this guide, we’ll share 12 creative ways to monetize your car, tailoring each idea to fit your vehicle and lifestyle.


01. Give rides to people:



If you’re comfortable riding with strangers, ridesharing is an excellent option for earning extra cash with your car. Earnings depend on many factors–specifically, how far your passenger wants to go. A single Uber ride could pay $2-5 if someone is going down the road, but much higher for a rush hour drive across town.

Remember that rideshare apps like Uber and Lyft have minimum car requirements. You’ll need a well-maintained 4-door sedan or SUV to be eligible.


02. Work with a food delivery service:


        



Food delivery services are a popular side hustle, allowing you to earn money by delivering food from local restaurants to customers’ doors. Platforms like Door Dash, Uber EATS, Grub hub, and Postdates offer plenty of opportunities for delivery drivers.

All you need to get started is a vehicle, a smartphone, and a reliable automobile. However, it’s important to note that earnings often depend heavily on customer tips, making income unpredictable.


03.  Make money driving with Roadie: 

Crowdsourced delivery platforms like Roadie are a game-changer for earning while driving. You can pick up an item and deliver it to someone in your area in a few taps. You can earn as much as $13 per delivery, with opportunities to earn more with multi-stop trips, XL deliveries, and extra certifications. And in many cases, the deliveries are just a few miles or minutes.


04. Shop and deliver groceries :


Grocery delivery apps like Ship and Instar cart offer drivers a flexible way to earn income by fulfilling grocery orders. You can choose your schedule as a driver, allowing for an excellent work-life balance.

The apps provide a simple interface for accepting and fulfilling orders, making it easy to navigate through the shopping list and efficiently complete your deliveries. Earnings typically come from a combination of a base fee, tips, and, occasionally, bonuses based on demand.


05. Help people move XL items: 


    



Got extra cargo space in your truck, trailer, van, or SUV? Consider offering delivery services for bulky or hard-to-move items.

Most people don’t have a way to transport large items like furniture or appliances, so there’s a high demand and payout for this type of delivery service. For example, the Roadie platform has exclusive Gigs for XL, bulky, and hard-to-move items, which can boost your earnings.


06. Rent out your car when you’re not using it: 


If you don’t use your car often, consider loaning it to someone else. Platforms like Turro and Get round help vehicle owners earn extra income with peer-to-peer rentals.

Users can choose from various cars based on their preferences and needs. Often, these rental platforms offer extra insurance options for security and peace of mind during rentals.


07. Make passive income with car advertisements:



 

Another fun side hustle: Turn your car into a moving billboard. According to Finance Buzz, companies like Ramify, Carveries, and Nickelytics will pay you to add a decal, sticker, or wrap to your car to promote a product or service.

Choose advertisers that align with your preferences, and let your vehicle do the work for you while you go about your daily routine, earning as you drive.


08. Pick up and deliver medications: 


In the gig economy, prescription delivery is a great side hustle. Many delivery platforms like Roadie now partner with local pharmacies, allowing drivers to ensure timely and confidential medication deliveries.

Pharmacy Gigs are a perfect fit if you have a smaller car. However, keep in mind that pharmacy deliveries require extra certifications.


09. Create a mobile business: 


If you have a specialized skill like repairing bikes, you can transform it into a mobile business. Mobile side hustles like car maintenance, pet grooming, or bike tune-ups offer flexibility and convenience.

Startup costs for specialized tools or vehicle modifications can be a drawback. However, the potential to meet customer demand at their door makes it a viable option to earn extra income.


10. Make passive income with car advertisements :   

 

Another fun side hustle: Turn your car into a moving billboard. According to Finance Buzz, companies like Ramify, Carveries, and Nickelytics will pay you to add a decal, sticker, or wrap to your car to promote a product or service.

Choose advertisers that align with your preferences, and let your vehicle do the work for you while you go about your daily routine, earning as you drive.


11. Be a taxi driver for pets : 


    




If you don’t mind a little dog hair in your car, consider driving for a pet taxi service. With more office workers back after the pandemic, plenty of people need extra help caring for their pets.

This includes transporting pets to vet appointments, doggie daycare, and more. Try a Google search for ‘local pet taxi’ to find pet taxi opportunities in your area.


12. Help children or older people get around : 


Did you know that about 20% of adults aged 65 or older don’t drive? Young or old, many people need reliable help getting around.

If you have childcare or eldercare experience, consider rideshare platforms or services that specialize in helping these populations. Some platforms specifically cater to minors or older adults, ensuring safety and care during transportation.


Before You Drive

Preparation is vital before getting on the road and earning money. Here’s what you should know before you go:


  • Get ready to be a boss

Making money with your car means you’re the boss. This comes with incredible pros (hello, flexibility, and freedom) and a few cons, like taxes.

  • Know your tax responsibilities

When you earn extra cash with your car, you’re responsible for reporting those earnings to the IRS and paying income taxes. Get familiar with state and federal tax laws, including any auto-related tax breaks you may qualify for.

  • Check your auto insurance coverage

Nearly all gig work requires you to have adequate auto insurance – including commercial coverage. Be sure your coverage levels are at least equivalent to your state’s minimums, you have informed your agent that you are using your vehicle for gig work, and your insurance is  fully paid and up to date before driving.

  • Get certified for extra cash

No matter what car monetization strategy you pick, it always pays to do your research. Extra knowledge often leads to more money and better opportunities. For example, if you’re driving with Roadie, you can get certified in the app for specialized deliveries and vehicle types.



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