4 Easy Ways to Earn Extra Money from Your Car

Your car may be your most prized possession, but it can do other things besides driving you to work, getting you to visit great places, and running you errands from time to time. In fact, your vehicle can also be a source of income for you, and all it takes is just a driver, your car and some gas money to get started.

Sell advertising space on your car

Car advertising is just like a moving billboard where you place different advertisements from companies. Many pay by leasing ad space on your vehicle and/or by setting a fixed price for a certain distance/mileage that you cover for a certain day, week, or month.

MyFreeGas is one company that does that, although instead of giving you money, they give you free gas, instead. They allow you to earn free fuel every month by carrying a brand’s sticker on your vehicle. When you earn at least earn at least 300kms in mileage for a month, and you’ll receive a gas coupon worth P1000. Easy as that.

Here’s what you need:

• A valid driving license
• Your own, not-so-old car
• An active car insurance
• Another important criteria: you should be doing a lot of distance-driving in high-traffic urban areas

Become an Uber or Grab Driver

Do you have some time on your hands? If you do, and aren’t intimidated by traffic, then you can offer a taxi or car service via Uber or Grab.

Both of these work by using the same principle: you receive a passenger booking via the app that you’ll download from them. You can accept this; get the passenger’s details and their exact location via GPS; pick them up; drop them off at their selected destination, and voila — you collect your fare.

How to Become an Uber Partner

Driving for Uber is not as easy as downloading the app and registering for membership. Uber has set some requirements before you can qualify, such as:

1. Sign up online.
2. Upload the required documents.
3. It’s also important to check if your car is qualified to drive for Uber. Here’s a list of the required vehicles they’re looking for.
4. Once you get approved, then you can download the app and start driving.

Become a Grab Peer

You also need to complete a set of requirements before you can drive for Grab.

1. You need to signup online.
2. Like Uber, Grab will also require you to apply online and give some required documents.
3. Again, it’s also important to check if your car is qualified to drive for Grab. You can learn more about the details here.

Transport Large Items

Do you have a large SUV or Van? Why not utilize them by doing some delivery services on the side?

 Transportify allows you to do that. It works just like Grab and Uber, but in this case, you not only can use your car, but you also your MPV, SUV, Vans/L300s, and even 4w and 6w closed van trucks to earn extra money.

How to become a Transportify Partner:

1. First you need to register on their site.
2. Make sure to read their required vehicles first.

Sell It Online

Need a lot of money? Then why not sell your car on sites like Carmudi Philippines? Online vehicle marketplaces like Carmudi are designed to make buying or selling cars as stress-free as possible.

The Bottom Line

There are many ways you can generate extra income by using your car. Just don’t forget to do your research, and use all the information you have to decide which option works best for you.