Home Business Ideas and Opportunities

Make Extra Money Online – With Your Car

It’s possible to add another $1,000 – $2,000 a month or more to your bottom line if you live in the right location and own a car or truck.

Make Extra Money Online – With Your Car

In fact, some people actually lease a car or two in order to take advantage of these opportunities. And it makes sense: If you can lease a car for, say, $400 a month and make $2,000 a month, why not do it?

No doubt you’ve heard of Uber and Lyft, both of which allow you to start your own taxi service. But that’s not what we’re talking about here.

Instead, we’ve researched peer-to-peer sites where you can rent out your car to travelers for days and even weeks at a time while you focus on your internet business. Newer cars earn the most, as do popular travel destinations.

Turo – you can rent out your car, truck, SUV or minivan. Most rentals are at least a week. You might need to pick the person up or drop them off somewhere. Turo carries a $1 million liability insurance policy on every vehicle which covers damage and theft. turo.com

GetAround – similar to Turo, with reports of car owners earning up to $10,000 a year. www.getaround.com

Outdoorsy – do you have an RV sitting idle? Rent it out and earn $150 to $350 per day. The company handles bookings and payments and again carries $1 million in insurance. www.outdoorsy.com

Car Next Door – this one is strictly for our Australian friends. www.carnextdoor.com.au

EasyCar Club – this is the UK-based peer-to-peer car hire service. carclub.easycar.com

Do you use your car too much to rent it out? Then try a vehicle advertising service.

Wrapify – your car gets covered with a giant advertisement and you earn based on how much you drive. A typical commuter might earn $50 to $100 a week – which may potentially cover your car payment. www.wrapify.com

Carvertise – been around since 2012 and works like Wrapify. www.carvertise.com

None of these will make you rich, but they can add significant income to your bottom line while you’re growing your online business.

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