It is a basic necessity to own personal auto in the USA today unless you live in a big city that has great public transport. In any case, when you own a car you don’t need to worry about going around the country or traveling. Yet, this basic necessity may be quite expensive in the long run.
Together with regular payments owners are demanded to pay for gas, insurance, and maintenance. This money should be taken out of your pocket and the total sum can be estimated in thousands of dollars per year. If you want to break free and make your auto work on you instead, here are the best ways to make business and earn additional funds by having only a car.
How to Make Money with Your Car
You own a car, that’s great. But you have to pay monthly payments whether it is for owning or leasing, fill the tank, repair and maintain it in decent condition. Owning a personal auto isn’t cheap today although it has become a common thing in the USA due to problems with public transportation systems in many states. As a result, more and more people are willing to cut down on car expenses or find out alternative ways of getting additional cash.
Nowadays, there are multiple opportunities for car owners to make a side hustle or even turn it into a real small business. Before we jump into the best ways on how your vehicle may help you make extra funds, you should determine what you want this additional income to be. Do you have a full-time position and just want a side gig for a few hours during the weekend? Are you planning to start a small business with the help of your car?
Once you define your financial goals, you may have certain issues in your head. For instance, many people are concerned about whether they will be able to cover maintenance costs once their auto is used more frequently for work matters. This is not a problem today as no credit check auto repair loans are suitable for owners who make business with their vehicles. It’s easy and convenient to request a small loan to cover urgent repair costs and keep on earning additional funds again without delay.
Top Ways to Earn Money Having Only Car
Below is a list of the most popular and widespread opportunities for car owners to boost their monthly income and even turn it into a small business that brings you constant profit.
#1 Become a Driver
One of the easiest ways to increase your monthly income is to become a driver. You may use famous apps like Uber or Lyft for this purpose. Thousands of car owners are already earning additional cash both part-time and full-time. You may also start your own company similar to these two. On average taxi drivers earn $629 per week, but the sum can be $1369 per week and even more.
This is a great way to offer on-demand transport services for consumers and corporate clients that need to be delivered to events or picked up. If you want to start with the mentioned apps and work part-time, you should read the demands carefully as they differ slightly between the two companies. Many states offer such services while some of them will require a driver to own a car that is less than 10 years old.
#2 Shuttle Service
Another option for auto owners is to work for an airport shuttle company or a service that shuttles children around. You may also start your own service similar to this but it pays to work in this sphere for a while so that you gain some experience and learn all the bells and whistles.
Becoming a driver for a shuttle service will help you make money by transporting clients from and to the airport. Also, working for a child pickup service, you will be able to provide drop-off and pick-up services for parents and earn additional funds. Websites like Care.com offer a variety of openings connected with this work.
#3 Work as a Mover
This business idea is more suitable for owners of larger vehicles. If you have a cargo van or a pick-up truck, the above-mentioned tactics might not work for you. However, you can make extra cash by becoming a mover and helping people this way.
This option allows you to work independently and turn it into a small business. You can place ads on special sites like Craigslist and offer your rates to potential clients. Those who want to try this option as a side hustle may turn to the TaskRabbit app and find mover jobs there. The only drawback here is that it will be your responsibility to lift heavy items so make certain you can handle this.
#4 Own an Errand Service
Another option is to run an errand service or start working for the one. You can either be a general service provider or choose a particular sphere such as grocery shopping, pet transportation, delivery driver, etc. For instance, there are such apps as Shipt, where you can find hourly part-time gigs for buying groceries for clients and getting extra cash for that.
You may also start your own delivery service if you own a car and partner with other licensed drivers in your area. This is a great option for working part-time and having flexible hours with a possibility to turn it into a business plan.
In conclusion, there are many smart ways of making your vehicle bring you additional money. Don’t just spend your cash on constant repairs, maintenance, gas, and insurance. You can choose the most suitable option and defray these expenses while making additional profit. Put your auto to use with the help of these easy ways of getting extra cash.