How to Earn Money Using Your Car

Owning a car brings lots of expenses, from gas to car insurance to maintenance costs. Plus, a vehicle’s resale value decreases as it ages. Thus, below are things you can do to maximize your car’s value while it lasts and make it earn income for you.

Go Carpooling

Offer to carpool for your neighbors, whether by driving their kids to and from school or by letting them ride with you on your way to your respective workplaces (provided you work near each other). Not only will you earn extra cash on the side, but you’ll also be able to help your neighbors save on money and time. You can also do this via an innovative app that lets you schedule carpooling.

Rent It Out

But in case you don’t want to do the driving yourself, you can still earn money by finding someone trustworthy who knows how to drive and who needs to earn extra income. And while it’s recommended that you rent it out to people you know, you can also lease it to someone you don’t – just look for character references to verify their credibility first.


Another way you can make your car work for you is by having it advertise a product or service. Basically, you lease or sell your car’s body as an advertising space. One advantage this offers is that you get the car all to yourself. Moreover, many businesses and companies dish out fantastic perks for their affiliates; you just need to find an excellent brand to promote, maybe a telecommunications company, or your own driving services, or a great collateral personal loan program.

Become a Tour Guide

If you enjoy flexible work hours or free weekends, then you can moonshine as a tour guide-slash-driver. The only thing you need to worry about here is that you need to be very knowledgeable about the places your would-be clients might want to check out, by studying and brushing up on your history lessons, though, I don’t think it would be much of a problem.

Teach Someone

Or you can use your car and spare time to pass on your driving skills to others. Start with people you know, like your friends’ kids (or your friends if they don’t know how to drive yet but want to learn how). Your teaching fees are up to you to decide, but at least make sure it covers gas costs and maintenance fees. Oh, and make sure you have a professional driver’s license.

Utilize Your ORCR For A Collateral Loan

You can also apply for an ORCR pawn loan, where all you need to do is submit requirements that prove your car ownership, plus your car registration’s Official Receipt and Certificate of Registration. No need to surrender the actual car unit, and voila! You should be eligible for a car collateral loan product from reputable financial institutions, like Global Dominion Financing Inc.

Start Making Money Now

From carpooling to teaching someone how to drive, it’s quite clear that there are lots of ways for you to make extra money through your car. So rev up your engine and start driving to earn!