How to make money with your car

With the cost of living crisis forcing us all to take a close eye on the purse strings, it’s never been more important to find ways to up your income. There are many ways you can make a bit extra, from doing surveys, taking part in focus groups or mystery shopping– but you can also make money with your car.

So how can you make money with your car?

Your car is probably one of your most important assets- it gets you to work, helps you run any errands and enjoy your leisure time, but it’s certainly not cheap. To help pay for things like petrol, road tax and car insurance here’s some of the best ways to make money with your car.

Make money with your car with food delivery services

Takeaway services like JustEat, Uber Eats and Deliveroo are always looking for people to help them deliver fast food and groceries straight to peoples doors. If you sign up to work delivering food, you will be self employed and you can pick your own hours. For each delivery you normally get a set fee and any tips the customer may give you. Occasionally you may also get bonuses. You will have to sign up for business insurance and prove that to the company, however you can do this on a as required basis so it’s cheaper. Bear in mind if you live in a quieter area with less takeaways and supermarkets you won’t earn as much as someone living in central London.

What can you expect to earn being a delivery driver?

Dependent on how many shifts you do payment will vary.

• For JustEat you can get from around £9.70-10.20 per hour. Some sites suggest you can earn around £202.00 a day but that would equate to working over 20 hours.

• UberEats pays from £7.00-£14.00 a hour. UberEats pays a pick up fee, drop off fee and per mile rate. You also get boosts during peak time hours.

• Deliveroo pays from £5.00 to £17.00 per hour.

Delivering parcels for amazon

The majority of Amazon prime deliveries are made by self employed contractors. Simply sign up to Amazon Flex and complete the initial paperwork. Each shift is normally a block of around three hours and normally pays around £45.00. The only downside is you don’t know how many packages you’ll get in each shift, so you could only have a few or so many you can barely move in your car.

What sort of money can you expect to earn with Amazon Flex?

Dependent on how many shifts you want to do (and there are often many) the world is your oyster. If you worked six shifts a week you could earn £270.00.

Turn your car into an advertisement

Another way to earn money from your car is to use it as an advertisement. Companies such as Car Quids allows you to make money by placing adverts on your car. Car Quids acts as the middle man finding you companies who would want to place adverts on your vehicle. People who drive around major cities will be more likely to get chosen then people who live in the countryside so do bear that in mind.

What sort of money can you expect to earn using your car as an advertisement?

Around £100.00 a month, as this is virtually all passive income it’s even better.

Make money with your car by renting out your driveway

If you live in a well populated area you can earn money with your car by renting out your driveway. For example if you live down the road from Wembley Studio and you don’t need your space, you can look at earning a lot of money. There isn’t a specific number of hours or days you need to rent out your space, if you can only rent it out one day on one week, and five the next that’s perfectly okay. Companies like JustPark and Your Parking Space are a good way to get started.

What money can you expect to earn?

As always earning expectations differ, but top earners can expect to earn around £4,000.00 a year. Another passive income earner that’s well worth looking into.

Become a Uber driver

If you don’t mind ferrying people around at all hours why not come a Uber driver. working as an Uber drive is a great way to make money as you can work as much or as little as you want dependent on how much you want the money. Unlike the other ways to make money mentioned on this post, there are a few requirements before you can get started. Key requirements include:

• You will need to get a private hire license from your local council.

• You will need to have been driving for certain number of years.

• Complete their online EduMe course.

How much can you expect to earn being a Uber driver?

You can expect to earn around £20.48 a hour or £648.00 per week working 30 hours a week. Not a bad little money maker if it works for you.

I hope this article gave you some useful tips on how to make money with your car. If you think your friends and family would love to know more, please share the post on Twitter, Facebook and Pinterest.