Ultimate Guide To Making Money With Your Car

making money with your car

Being a car enthusiast is great, but it costs you money. Guess what though? You can reverse the situation pretty easily and have it make money for you instead. What if you could have your car pay for its repairs, upgrades, monthly payments, or even insurance? If you’ve got access to a reliable vehicle thats fairly modern, you can start making money with your car right now!

If you’ve got the time and the hustle you can make hundreds of extra bucks. You can raise some spare cash, use it as a side hustle or even use it to replace your full time job!

Or imagine all the project cars you could afford and even finish!

With the help of the internet and app-based gig economy, there are solid ways of turning your car from idle liability to a serious cash earning asset. Check out the following methods and see what fits your situation the best.

Some of these opportunities maybe more or less available to you depending on geographical location, personal preferences, and or condition of your car. However, theres something out there for everyone, so give it a try and turn your car into a money making machine

*We might receive commissions if you click on our links and sign up/make purchases. However, please know this does not impact our reviews and comparisons. We try to keep things fair and balanced to help you make the best choice for your needs. Thanks.

man wearing a face mask delivering pizza making money with your car
Person Delivering Pizzas

1. Delivery Apps

Delivering food is an extremely popular option with a growing segment. Once upon a time the only delivery job people knew about was pizza, but not anymore. There are a host of delivery services delivering all types from food, alcohol and even groceries. This list is by no means exhaustive. These are just some I have experience with and feel is the most accessible. Check out these popular apps:

UberEats

UberEats is one of the most popular apps and is a household names. Its the food delivery extension of the popular ride-share service. They offer flexible work schedules, easy payout options and have other ways to earn even if you don’t have a car! Check out the requirements:

Car delivery

  • Meet the minimum age to drive in your city
  • Have a 2-door or 4-door car
  • Have a valid driver’s license and vehicle insurance under your name

Scooter delivery

  • Be at least 19 years old
  • Have a motorized scooter under 50cc
  • Have a valid driver’s license and vehicle insurance under your name
  • When signing up, be sure to choose Deliver with a Scooter under transportation method

Bike delivery

  • Be at least 18 years old
  • Have a government-issued ID
  • When signing up, be sure to choose Deliver with a Bike under transportation method

If you’re interested in signing up for UberEats, use my personal invite code. Sign up and earn $1,040 guaranteed, after completing your first 100 trips. See how.

DoorDash

Doordash is arguably the most popular food delivery service. It’s been around since the beginning and a popular alternative to UberEats. They don’t have strict car requirements so the sign up process is even easier. Check out the requirements:

  • 18 or older
  • Any car, scooter, or bicycle (in select cities)
  • Driver’s license number
  • Social security number (only in United States)
  • Final Step: consent to a background check

Sign up to be a Doordash driver with my personal invite. Earn up to $25/hour and get a $300 bonus after 270 deliveries in 60 days for signing up here.

GrubHub

Rounding out the delivery apps is Grubhub. It’s been in the online food business for a long time. This app is similar to the other two with flexible work, and low requirements. They also offer free payouts if you have a Chase bank account. Check the requirements:

  • Car (or bike in select areas)
  • Valid driver’s license and auto insurance for drivers
  • Valid state I.D. or driver’s license for bike riders
  • Smartphone

If you’re interested in signing up to GrubHub click here.

Postmates

Postmates is a popular food delivery service thats not limited to just food. You can deliver retail goods, alcohol, and even groceries. Uber recently acquire Postmates but you can sign up separately if you don’t have an Uber account. If this sounds good to you, check out the requirements:

  • Must be 18 years or older
  • Have access to an insured vehicle (unless you have a bicycle)
  • You can deliver with a car, truck, van, bicycle, motorcycle, or scooter
  • Pass a background check
  • iPhone or Android smartphone

Sign up for Postmates here.

Amazon Flex

If you’re not into delivering food how about packages?

Amazon promise drivers up $25/hr using their own cars to drop off Amazon packages to their customers. Schedules are booked in blocks of time, so book your time in advance if you want to deliver.

Amazon requires a smartphone, mid-size 4 door sedans or bigger, active insurance, and a valid U.S. license. 

Check out Amazon Flex here

2. Ride Sharing

Ride-sharing is basically a synonym for using your car as a taxi service. It’s easy to get used to and flexible. Just be careful of the wear and tear. If your leasing a car keep track of mileage too, it’s easy to rack up a lot of miles.You pick-up and drop-off passengers at their destinations. There are quite a few applications now but, two of the biggest ones are listed below.

Uber

Uber is the most well known and popular ride sharing app. It pretty much started the gig economy back in 2009. It’s simple, use your smartphone to get ride requests. You can drive as little or as much as you want, no schedules. Check out the requirements:

Minimum requirements

There are a few minimum requirements to meet before you can sign up to drive with Uber:

  • Meet the minimum age to drive in your city
  • Have at least one year of licensed driving experience in the US (3 years if you are under 23 years old)
  • Have a valid US driver’s license
  • Use an eligible 4-door vehicle

Required documents

For your next step, share the following documentation:

  • A valid US driver’s license
  • Proof of residency in your city, state, or province
  • Proof of vehicle insurance if you plan to drive your own car
  • A driver profile photo
    • Must be a forward-facing, centered photo including the driver’s full face and top of shoulders, with no sunglasses
    • Must be a photo only of the driver with no other subject in the frame, well-lit, and in focus; it cannot be a driver’s license photo or other printed photograph

Driver screening

After signing up, you can complete a screening online. It will review your driving record and criminal history.

If you’re interested in signing up for Uber, use my personal invite code. Sign up and earn $1,040 guaranteed, after completing your first 100 trips. See how.

Lyft

Lyft is the second most popular ride-sharing service. It’s mainly about taxi-ing your passengers to their destination. Key difference between the two is, Lyft touts a more friendly service, encouraging driver and passengers to get to know each other. You can also recognize them by their playful pink mustaches given to drivers to place on their cars. Check out their requirements:

Your driver’s license

You’ll need to meet the age requirement for your region.

A background check

We’ll need your consent to complete a criminal background check and to review your driving history. Please note: this is not a credit check.

Insurance and other documents

If you’re using your own car, upload your insurance, registration. Some regions will require vehicle inspection as well.

Sign up for Lyft here.

3. Renting Your car

Cars are great but, tying up money in monthly payments suck. Luckily, some people have created ways to rent out your money sucking liability and turn it into a money generating asset. Car renting apps allow you to loan your car to strangers for a fee. Its like running your own rental business. You could be making money with your car advertising , good money, depending on your location and car of course. Check out these popular apps.

Turo

Turo is arguably the most popular car rental app. Its airbnb style app allows you to easily sign up and rent your car out. There are some restrictions based on location and your car does have to meet certain standards.

Check out the requirements on their website.

Getaround

Getaround touts itself as the worlds largest connected car sharing service. Similar to turo, get around vets its renters, offers contactless sharing and automated pricing to maximize profits.

Check out their requirements here.

Advertise

Ever seen those cars with giant billboards of energy drinks on the side? Wondered how much they make for just driving around with stickers on their car? Well now you can join in on the fun and make some money if you don’t mind advertising for another company. Check out these services that pay you to advertise on your car for them.

Wrapify

Wrapify works with blue chip brands to match drivers in areas they are looking to advertise. You can earn some good money, up to $452 per month for full vehicle wraps. Most drivers won’t earn as much but it’s worth noting.

Check out Wrapify here.

Carvertise 

This company matches brands looking to advertise with drivers in specific areas. To qualify, drivers must have vehicles no older than 10 years with factory paint jobs, clean driving records, and drive 30 miles or more per day. Drivers typically earn $100 per month, with the potential for up to $200 per month for high-paying campaigns.

Check out Carvertise here.

Final Word

I’m sure there are tons more ways of making money with your car. This list is by no means exhaustive. This is just a condensed version of the most effective and popular ways to start.

Turning your car from liability to asset will hopefully reduce the financially strain of owning a car and make it that much more pleasurable (or atleast tolerable). Who knows maybe you can even start a business using some of these methods.

Know of any other ways you could be making money with your car? Feel free to let me know.

Need a cheap car to make some money with? Check out this list of sub $5k car you can buy without breaking the bank.

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