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How To: Use Your Car to Increase Your Income

Publish Date: 03 Dec 2020

Money Tips

How To: Use Your Car to Increase Your Income

Five simple methods to increase your income using your car

We all need some extra income sometimes especially if we have something that drains our money such as a car. Cars need constant maintenance, gas, license renewal fees, parking fees, etc. They are a drain on finances which is why Faydety compiled five ideas you can use your car and increase your income in your free time.

 

1- Uber/Careem:

 

Online taxi companies such as Uber or Careem are everywhere these days. You can become an Uber or Careem driver in your free time after work or on holidays.

 

2- Rent out your car

 

Sometimes people need to rent a car for an important errand or event or even for a quick getaway. You can rent out your car but always make sure to take the necessary precautions first.

 

Insure your car now and compare between the best car insurance deals through fidelity

 

3- Driving courses

 

If you’re hesitant about renting out your car to strangers you can rent it out to driving schools. If you are a good driver you can even start giving driving lessons and promote yourself on social media

 

4- Advertisements

 

You know all these ads we see everyday on public transportation? You can do the same. Offer your services to an advertising company or a famous restaurant that likes to advertise a lot and in time you will make money each time you take your car out.

 

5- Delivery service

 

With the increase of online shopping many stores have either turned fully online or offer their services online besides having a physical store. Since delivery service companies have fixed and known fees you can take advantage of that and deliver packages after work or on your day off for less.

 

Want to buy a car? Compare between different car loans on Faydety now before applying at the bank

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