Skip to main content

Renting Your Car: A Guide to Making Money on the Road

Image
By

 

make money by renting your car

Does your car spend most of its time sitting in the driveway?

You can make hundreds of dollars a month by renting out your car to people by the hour, day, or week.

The side income you'll get from this is pretty passive, but you'll have to communicate with the renters, do hand-overs, and maintain the cars.

How to get started:

List your car on online marketplaces like Turo and Getaround to find customers.

Next, lay your own ground rules for using cars, set your own daily price, or let Turo or Getaround automatically adjust your price to maximize your earnings.

When a guest books your car, you'll confirm where and how to hand over the keys before the trip.

Check your guest in with the Turo or Getaround app, then sit back and relax until the trip is over.

Expected earnings:

You'll earn 65% – 85% of the trip price, depending on the vehicle protection plan you choose.

Turo's website mentions that you can earn $706 a month on average by renting your car.

But we will say, earnings will fluctuate depending upon the type of car you have, your location, and the number of trips it gets rented for.

Tag

Comments

Post a Comment

Thanks for your feedback.

Popular Posts

The Ultimate Guide to Bookkeeping Jobs from Home

By
  Bookkeeping is the process of keeping records of inventory, sales, expenses, invoices, etc. of a business. These things are essential for smoothly running any business. A bookkeeper manages, tracks, updates, and maintains these things.  This work helps businesses review their overall operating procedure, financial information, and make critical growth decisions. There are some vital skills you must have to become a good bookkeeper; those are as follows. Should have good mathematical abilities Should love to play with numbers Have attention to details Ability to multitask  Have good organizational skills How to get started: Bookkeepers is the best online platform that will guide you from learning everything about bookkeeping as well as getting your first clients or finding remote bookkeeper jobs. If you're really interested in becoming an online bookkeeper, start your journey with Bookkeepers. Expected earnings: Online bookkeepers, like most freelancers, earn on an hour...
2 comments
Read More

Making a Product Comparison Website Free: A Comprehensive Guide

By
The product comparison website aggregates comprehensive information about various products in a particular niche.  It organizes and presents this information to help potential buyers know more about a particular product and decide if they should buy it. Why create a PCW? PCWs popularity is high in today's world as multiple companies offer similar products, and PCWs help the buyers decide which company's product is right for them. For example, if you want to buy a smartphone with a $500 budget, you'll find many confusing options to choose from.  This is where PCW sites come in to help you make the best decision by comparing all available options and providing other important information such as pricing, features, reviews, shipping, availability, discounts, offers, etc. in one place. PCW sites provide significant value to the buyers as they help them save lots of their product research time. How to get started: There are three essential steps you must follow to build a succes...
Post a Comment
Read More

Making Money Selling WordPress Plugins: A Comprehensive Guide

By
  WordPress is a widely used freemium content management system software used for creating blogs. WordPress makes it extremely easy for anyone to create and start their blog or a website with minimum technicalities and without learning to code. What are WordPress plugins? WordPress plugins are software add-ons that add all kinds of features to any WordPress site within seconds, in a hassle-free manner. Plugins usually contain files and code that expand, alter, or add functionality that already exists in WordPress. Why create WordPress plugins? More than 400 million websites use WordPress today, which itself provides an excellent marketplace for WordPress plugins. Almost every WordPress user use a free plugin, and a vast majority of professional blog owners install multiple paid plugins to add more features to their blogs. Creating WordPress plugins offers a huge passive money-making opportunity for anyone willing to put efforts. Passive because, just like any app or software, once ...
Post a Comment
Read More

Why Should You Consider Doing Mystery Shopper Jobs Online?

By
Mystery shopping a strategic technique used by companies to improve their customer service, store's appearance, product pricing/placement, etc. For this to work, the company hires mystery shoppers (a.k.a "secret shoppers") who pose as real customers to evaluate the quality of customer service they receive. They will perform specific assigned tasks and report back their experiences providing critical insights needed for a company to drive effective change within their business. Usually, restaurants, hotels, retail fashion brands, big departmental stores, and movie theatres use mystery shoppers. If you're someone who loves to go out, try new things, interact with people, and have sharp observation skills, this might be the right gig for you. Renting Your Car: A Guide to Making Money on the Road How to get started: We are listing our top 4 trusted and legitimate companies that offer mystery shopping jobs across a diverse range of industries. You can sign up on them and s...
Post a Comment
Read More