Leave a comment

3 super ways to make good money with your car or truck

3 super ways to make good money with your car or truck
Photo courtesy of SHUTTERSTOCK

Do you own a car? A truck? Want to earn some extra money?

With a little spare time, you could turn your personal vehicle into a revenue stream investment. Millions of people are in desperate need of a ride or need to haul some oversized load that doesn't fit in their current vehicle. Your vehicle plus their needs equal a wide variety of exciting ways to turn this classic supply-and-demand equation into cold, hard cash.

Here are three cool ways to put your vehicle (and yourself!) to work.

 

1. Turo

Screen Shot 2015-01-23 at 10.13.11 AM

Letting your car rust away in the garage when you're not driving it is like leaving your money unclaimed. If you don't drive very often or are taking an extended trip out of town, then you can rent your car out with Turo.

Turo lets you list your car on its online rental marketplace. You determine how much you charge for others to rent your car. If all goes well, you'll receive requests from potential renters. If they accept your terms, then simply hand over your keys.

If you're worried about potential damages, you shouldn't be. Turo insures every car up to $1 million, so you're covered if anything were to happen. Plus, before someone reserves your car as a rental you can correspond with them, and even meet them if they're local. You can rate renters in the app, so renters who cause problems will get weeded out of the system.

Head over to the Turo website and search for your city to find out how to price your vehicle.

Next page: Earn money with your truck or van
Car hacking is real and dangerous; protect yourself
Previous Cars Tech

Car hacking is real and dangerous; protect yourself

Apps to keep your car running smoothly
Next Cars Tech

Apps to keep your car running smoothly

View Comments ()