If you need some extra money, your car (or other vehicle) could be your secret weapon. Whether you’re looking to supercharge your savings account for a one-off purchase or looking for a side hustle for when business is slow or seasonal, your car could be the answer. There are several things you can use your car for, which can either be a regular commitment or something that allows you to work when you like.
Become a courier
There are lots of sites you can sign up to now to deliver items for people. If you’re already a company, sites like Shiply are easy to use and you can start bidding on delivery work along routes that you already travel. This is useful for if there’s somewhere you regularly travel to, where you can make a delivery without making much of a detour.
Top tip: You might not have a bid accepted for a while, so don’t give up if your quotes don’t get accepted straight away.
Get involved in restaurant delivery
There are lots of food delivery companies that could work for your situation. It might be a local restaurant that needs help for evening deliveries (which you can potentially work around a day job), or you might want to work for a company like Deliveroo or Uber Eats that will be able to offer more hours of work and more flexibility delivering fast food options.
Top tip: If you’re taking on this work alongside your main job, make sure you don’t do too much and are able to still have some free time.
Rent out your vehicle
When you’re not driving your vehicle, it’s sitting there losing value, so why not let someone else use it? There are a few websites like EasyCar where you can list when your car is available for hire for your neighbours to book. The website will take a percentage of the renter’s payment which goes towards insurance so your own car insurance won’t be affected in the event of any accidents while it’s under hire.
You may find a few restrictions depending on which site you use, such as the age requirement of your car, and you may want to set your own restrictions for those hiring your car, by putting a maximum mileage restriction for each hire or limit how many days someone can hire the car for.
Top tip: For your first few bookings, offer a low price to attract customers. Once you’ve got some good feedback, you might find your car should be worth more, so amend later if you like.
Find people to share your journey
If you find that you’re regularly travelling alone, it can feel wasteful when driving a whole car just for one or two people to get from A to B. Rather then make money from your car, you could instead list your journeys online for passengers to join you and contribute to the fuel costs. Great for those of you who use your car frequently for long journeys and where hiring your car isn’t an option.
Top tip: For the times when you don’t fancy driving, you can also use these sites as a passenger rather than a driver for a more relaxing journey.