Wallet Hacks

6 Ways to Make Money With Your Car

If you enjoy spending time in your car, you might be able to parlay that into a nice side hustle for some extra cash.

With the proliferation of ridesharing apps and others in an increasingly growing “side gig economy,” there are a lot of reputable ways you can earn money doing side jobs involving your car. The most notable are those where you drive people around… but you can earn money shuttling packages too.

One thing to keep in mind is that all of these side hustles will add miles to your car's odometer and the associated wear and tear. When you calculate how much you earn, remember to include that in your decisions on what opportunities to take advantage of. You can deduct your mileage when you drive, and you will want to, so keep good records of it so you can use it without fear of a tax audit when it's time to file.

Here are some of the best ways to make money with your car:

Uber & Lyft

One of the best ways to make money with your car is to drive people around. Uber and Lyft have changed the way taxis are operated, especially if you live in a suburban area and have no idea who to call if you want a ride to the airport.

Years ago, my parents would pay nearly a hundred dollars for the 60-minute drive from our home to the airport (this was in the 1980s and 1990s, the equivalent of $200+ today). We'd be going to Taiwan for a month so it beat parking at the airport by a longshot. Today, uberX will take me there for $130 – half the price and I don't need to schedule it days in advance.

This means that if you own a car, you could start earning money in your spare time too. Many of my friends who drive for Uber will fire up the app, see if there are fares, and just grab a few as they wait.

Deliver Food

If you don't mind delivering food, you could take a look at UberEATS and DoorDash.

Sometimes you don't want to deliver people, or risk having to go very far, so consider these two if you don't mind hustling around food. This is also a good option for folks who don't have a car all the time – you can deliver uberEATS and DoorDash by scooter and even bicycle!

Deliver Amazon Packages

AmazonFlex is Amazon's flexible work program where you deliver packages. If you've ever gotten a Same Day Delivery parcel from Amazon, with a carrier of “Carrier: AMZL US,” that's an Amazon Flex driver. If you live in one of the operating cities, you could make $18-$25 an hour, be your own boss and set your own schedule.

The work itself is straightforward. You get packages and then deliver them using their Android app. When you drop off the package, scan the barcode and move onto the next address.

(if you live in an area with Instacart, you can deliver for them too! Find out more)

Download the MileUp App

This one is a little different – you download the MileUp app and send your driving data to them. They give you your driving stats (fun if you're a stats junkie) but you also earn points for the miles you drive. You can use those points to enter sweepstakes.

You're not getting paid to drive, you earn points into sweepstakes so it's not nearly a 1 to 1 relationship.

Wrap Your Car in Advertising

If you do a lot of driving, you might be able to make several hundred dollars a month as a rolling billboard. Register with a company like FreeCarMedia.com or Wrapify.com and they will try to match you with a company that wants to advertise on your regular driving route. If you have any extraordinary driving situations, like your regular commute is a significant distance, include those in your application so potential sponsors know.

Not all advertising opportunities are the full car wrap variety – sometimes it's as little as a rear window decal you can apply on your own. The full wraps are more lucrative, sometimes up to $400 a month, but the rear window decals can still net you $50+. Not bad!

The main requirements are much like any of the other services on this list – 18+, clean driving record, background and credit check, plus what you'd expect of vehicle maintenance.

Haul Stuff

If you own a truck and don't mind lifting heavy things, you could join Task Rabbit and haul away people's stuff. It could be helping them move from one place to another or just hauling a few items down to the dump for them.

Moving / Hauling is one of their biggest categories and becoming a Tasker is easy. The best part is you work at your schedule and pick the ones you want to complete based on your rates. Moving, delivery and hauling are some of their most popular categories.

Which one piques your interest?