RelayRides blogger Eric Rosenberg shares 5 simple ways that you can turn your idle, depreciating car into a source of revenue.
Most people think of their car as a money pit. It is worth less every year, it costs money to insure and maintain, and gas prices seem to keep getting higher and higher. But you can turn that cost into a money maker, or at least make it cheaper, by turning your car into a cash generating machine.
No one really uses their car all of the time. Whether you are a two car household that doesn’t need your second car on the weekend or you are a frequent traveler, your car sits idle at least a handful of days each month.
RealyRides lets you turn your car into a moneymaker by allowing other people to pay you to rent your car. Just list your car on RelayRides, set a price, and wait for a message. The company makes sure your car is safe and insured. The money just shows up in your account each time it is rented.
Ever wanted to be the driver listening to people’s taxi confessions? It might be easier than you think.
Lyft is a service that turns you into a taxi driver. With the innovative app, people can request a ride and you can pick them up and take them to the destination, and you can make up to $35 an hour for your efforts.
When I think of delivery, I think of Chinese and pizza. But GrubHub lets me order almost anything delivered to my door. And someone has to get it there.
GrubHub is like Lyft for food. Someone places an order online, and drivers pick up the food and deliver it right to you. That is, unless you are getting paid to get the food there yourself.
Companies pay big money to get their message in front of drivers on billboards and signs, but there is no way to get more attention than putting the ad right in the middle of rush hour traffic.
If you are a commuter or have regular drives through busy areas, companies may pay you hundreds of dollars each month to wrap their advertisement around your car.
Make sure you find a reputable company that doesn’t charge you anything to sign up. You’ll usually have to wait a little while for a company to pick you, but when they do the company will pay to wrap your car with an ad and the money will start rolling in.
In dense urban downtowns and cities like New York, bicycle couriers are popular for lawyers and financiers to send contracts quickly between destinations. However, when the files need to go further, or the delivery is bigger, they turn to a car courier service.
Couriers may be paid by the job, by the hour, or a variety of ways. If you already enjoy cruising around town, you might as well get paid for it!