One of the main benefits of the prevailing gig economy, and why many people are slowly integrating themselves into the system, is due to its flexility features. You can become your own boss and earn as much without worrying about constraints. Whether you are freelancing as a a digital artist or driving under a ride-hail system, you have the power of choosing your working hours as well as the work volume. This extreme flexibility is perfect for those looking to earn more money on the side. And who doesn’t need extra cash during these challenging times?
To answer this question, you need to carefully analyze the costs associated with owning a vehicle against the potential income you may earn from driving it. So, how much exactly do ride-hail drivers make? Are there other jobs that requires driving a car? Are there brand-new ways that you can earn money on the side simply by using your car as your primary tool for the job? In this article we will answer these questions and many more, giving you a clearer picture whether it’s a smart and practical decision to buy a car or use your existing one to increase your profits.
1. Food Delivery
The food delivery industry is definitely on high demand amidst the COVID-19 pandemic. As more people opt to stay home, the food delivery apps have been enjoying an increase in profits, more so drivers who personally fulfil the delivery for clients. Becoming a food delivery man/women carries many advantages:
- Flexibility – Food delivery jobs are highly favored because they offer drivers the opportunity to earn cash during their free time. You can work anytime you want; perhaps before or after your full-time job. It’s an excellent way to use your time helping deliver food to people who are unable to prepare or fetch their own good outside, while earning a good amount of cash, too.
- Easy set-up and application – Food delivery apps require registered drivers to present minimum requirements, namely a car, a smartphone with Internet connection, and care insurance. Men and women at least 18 years and older may qualify as long as all the other requirements are met.
- Good earnings – Your earnings will vary based on the app you choose, but on average you can make up to $60 per day excluding tips!
If you have a spare car collecting dust in the garage, why not rent it out to family and friends? You can also advertise your vehicle for short-term rental online. This will require for you to create a vetting process, especially if you are dealing with strangers. This is a perfect source of income if you are short on budget or if you want to further grow your savings but don’t want to sell your vehicle altogether. There are many car renting apps, including HyreCar, Turo, Getaround, and TravelCar so all you need to do is list your car online and provide them with eligibility requirements and terms for prospective renters. If you have a vehicle in good condition, you may earn up to $1,000 per month.
3. Turn your Car into a Billboard
One of the best ways to monetize your is to turn your car into an effective advertising vehicle. This may be a surprise, but there is a TON of companies willing to pay a premium just so they can advertise to a wider audience. And what better way to spread the word about a product or service than by a roving vehicle. The is a passive money-earning strategy that requires minimal effort on you while maximizing your earnings. If you want to earn some cash using your car but aren’t too keen about interactions, explore your opportunities using these platforms: Stickr and Carvertise. If you aren’t too particular with your car’s aesthetics, you should definitely try this one out. The advertisements are not permanent, so you can have them removed whenever you want. You can earn about $75 per week just by turning your car into a moving billboard.
4. Pet Transportation
Who likes taking their dogs to the groomer weekly? Of course, you very well understand that you need to take your dog for some regular grooming to keep them clean and healthy. It’s a tedious pet care activity, but you still do it because of the love you have for the fur babies. But did you know that you can make visit to the groomers a pleasant, even a profitable one, by offering your pet transportation service to family, friends, and neighbors. If you have a van, SUV, or a vehicle that can accommodate at two or more dogs per trip, that’s a good start. You may also need to purchase a quality kennel or rear gate and a liner to make transporting dogs easy and smooth for you and the dogs. Part of this service includes keeping an eye on the dog during grooming and making sure they are safe and comfortable under your care. My-tti is an excellent example of a platform that can help you set up your own pet transportation service in your locality.
5. Be a Car Repair Superstar
Do you have comprehensive knowledge and skill about fixing cars? If so, you can utilize these specific skill set to your advantage. With a trusty camera or even your smartphone, you can start recording car repair content. If you are a collector of muscle cars and have experience in its repair and upkeep, you can explore a niche of audience with the same passion and interests. Taking care of a car has many aspects, so you’ll have a lot of things to talk about on your video content.
The next step is creating a YouTube account or your own blog, as these will be your primary platform of sharing content to a large number of people. It may be best to learn about the basics of creating video content before you hit the record button. Once you get the basics, you can then start uploading content. creating valuable, unique, and entertaining content will reel in subscribers in the thousands. You will start monetizing once you have a steady stream of views and followers on a regular basis. You can make between $3 to $5 per 1000 views. Say you have 100,000 views per month, you can earn up to $300 to $500 per month- not a shabby side hustle income if you’re genuinely passionate about cars.
Whatever type of car-related gig pique your interest the most, any of these options mentioned above is undeniably an excellent way to take the edge off you car payments, create value for others, and even give you enough money for major investments, such as appliances, gadgets, or even a brand-new car!