The cost of driving is becoming increasingly expensive every day. Fuel has become sustainably expensive, not too long ago we were all up in arms about a litre of fuel going over the £1 mark! Whereas today, we seem to have accepted that we’re likely to be paying close to £1.30 per litre of petrol. Additionally, insurance premiums have risen quite dramatically as has the price to park your vehicle and in some cases, tax your car – depending on what car you drive.
Driving is a convenience that few of us can live without. It’s the sort of convenience that once you’ve had it, you can’t imagine life without it. Therefore, we tend to always find a way to keep driving no matter the financial cost.
In this post, I’m going to flip the cost of driving on its head and look at some simple ways to make money from your car. Admittedly, these aren’t going to turn you into a millionaire but they can be a good stream of revenue to help make an extra £100 a day in your spare time.
Become A Delivery Driver
You can work for a delivery company and use your car to deliver parcels. And whilst you might need a reasonable sized car to make it worth your while, these flexible freelance contracts tend to offer you the opportunity to make some extra money – particularly if you’re free during the day, when most deliveries take place.
Rent Your Car Out
In a similar way to how you can rent out a spare room with Airbnb to make some extra money, you can now rent out your car using a similar peer-to-peer model. This is most popular in the states, however it is gaining traction throughout the UK.
You don’t need a huge van in order to pick up and deliver items from places such as Ikea and Gumtree. Some people don’t own a car, therefore the fact that you drive and have a vehicle can be of high value to people without a car. This can be a quick and easy way to make some extra cash.
It is also very flexible, as it can fit around a full time job, and often tends to take place on evenings and weekends. The challenge is finding customers, but this can be as simple as putting up some postcards in shop windows and advertising for free on Gumtree (which is where many people buy the items from) or utilise the targeted power of Facebook ads.
Use Your Car To Advertise
Presuming your car is in a decent condition, there are companies that will pay to advertise on your car. This is a passive way to make income, as you aren’t having to do anything extra – it’s just not necessarily what everyone would want from their vehicle, in the sense it could feel a little embarrassing.
Hopefully this post has given you a few extra ideas on how to make some extra money! Please let me know your thoughts in the comments below or tweet me @BritOnABudget1!
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