How to Make a Profit Out of Unused Extra Cars

An extra car may come in handy if you’re not the only person in your family with a driver’s license. However, if, at most times, it just sits in the garage, it’s simply a waste of resources, especially since there are a number of ways to turn your extra car into a source of additional income.

For instance, you could rent your car out to people who need one for a short period of time, or you could use it as a delivery vehicle for food service. Alternatively, you could turn it into mobile advertising space, start delivering for Amazon or help other people move large objects.

To get your head around these ideas, below, you will find a detailed list of some of the best ways in which you could make a profit off unused extra cars.

Car Rentals

If you have an unused car, you could rent it out to people who need it for a short period of time. It can be done through a number of different carsharing platforms, such as HyreCar. You just need to list your car on the platform you have picked and set the rental price. Next, when someone requests to rent the car out, you just meet that person at an agreed-upon location and hand over the keys.

However, it is essential to take a few things into consideration beforehand. First, you need to make sure that your car is in good condition and is covered by insurance. Second, you have to decide on the rental price. It is crucial that you set a competitive price not to deter potential renters, but at the same time, you also want a profit. If you have no idea what kind of rental price would be best, look at listings of cars similar to yours and check what other people are charging.

Food Delivery

Another way to make money with an unused car is to use it as a delivery vehicle for food service. If you are in need of extra cash, you could sign up to be a driver for a service like Uber Eats. Once you have been approved, you will start receiving delivery requests through the app. When you accept a request, you will be given all the information necessary to complete the delivery, including the address of the restaurant and the address of the person who placed the order. Having received that information, you just need to pick up the food and deliver it to the customer.

The great thing about such an option is that it is relatively easy to get started. It will be especially beneficial if you like driving in general, and your extra car is less of a gas guzzler than your other vehicle.

Mobile Advertising Space

You could also profit from an unused car by turning it into a mobile advertising space. You might want to, for instance, wrap your car in vinyl and use it as a moving billboard. The size of the vinyl will determine the price that you can charge advertisers. The bigger the vinyl, the more money you can charge.

Of course, turning your car into a mobile advertising space is not as simple as it might seem at first. You need to find advertisers who are willing to pay you to advertise on the car. You also need to make sure that you are legally allowed to do so. In some states, it is illegal to drive a car with commercial advertising without a special permit.

Moving Heavy Things

If you have a large car, such as a van or a truck, you could make money by helping other people move large objects, e.g., furniture. To get started, you have to create a profile on a platform like Craigslist and post an advertisement. Just like with a car rental, you will need to set a competitive price for your services.

Once the advertisement is up, people who need help moving heavy things will start contacting you. You will then be able to decide whether you want to help them. If you do, you will need to agree on a price and arrange a time and place to meet. Ideally, you should get the person who contacted you to pay you before getting to work. That way, you will not have to worry about not getting your money.

Start Delivering for Amazon

Last but not least, you should consider delivering packages for Amazon. The online retailer has a program called Amazon Flex, which allows people to make money by delivering packages with their own vehicles. If you want to join, you just need to download the Amazon Flex app, sign up, and fill out an application. The application will touch upon things like your availability, your zip code, and your vehicle type, as well as your educational background and work history. Once you have been approved, you will be able to start picking up delivery requests through the app.

Of course, to start delivering for Amazon, you will need to meet Amazon’s requirements for the job. Luckily, the said requirements are not too complicated. You need to be at least twenty-one years old and have a valid driver’s license. Aside from that, you have to pass a background check.

In Conclusion

As you can see, there are a number of interesting ways in which you could make a profit off unused extra cars. For instance, you could rent your car out to people who need a car for a short period of time, or you could use it as a delivery vehicle for food service. Alternatively, you could turn it into mobile advertising space, start delivering for Amazon or help other people move large objects.