Tag Archive for car

3 Ways to Get Your Car to Pay for Itself

3 Ways to Get Your Car to Pay for Itself

3 Ways to Get Your Car to Pay for ItselfFor most people, a car is a necessity. If you live in a city with great public transportation or in an environment that allows you to walk or bike, you might find yourself sans a motor vehicle. For the rest of us, however, a car is usually our only means of transportation.

Unfortunately, necessity or not, the cost of your car is likely a significant amount. Between the car itself, to all of its upkeep, and gas, the money spent on your vehicle is probably a large portion of your budget. If the cost of your car seems like too much or is simply driving you nuts, consider trying one of these three ways to get your car to pay for itself.

1. Become an Uber or Lyft Driver

Probably one of the most widely utilized ways to earn money via your car is by becoming a Lyft or Uber driver. Ridesharing services have become vastly popular since their emergence, which means you?ll no doubt do your fair share of driving.

Requirements to become a driver are usually fairly simple, granted you have a valid driver?s license, insurance and a car that meets a few standards. For the most part, drivers tend to make between $15 and $20 per hour. This can definitely add up. Moreover, ridehsare driving is usually flexible to fit your schedule since you can turn it off and on whenever you want.

2. Become a Driving Advertisement

You?ve probably seen someone driving around with advertisement decals and wraps all over their vehicle, what you might not have realized is that that driver is earning money by doing so.

Find a local business, whether that?s a restaurant, retail store or even a doctor that would be willing to use advertising decals. They?ll likely pay for the decals and car application, then all you have to do is drive around.

In some cases it might be a one-time gig and in others, you might be able to set up a monthly agreement. Either way, you?re bound to make a fair amount of income by using your car as a venue for ads.

3. Rent Out Your Car

If you don?t mind other people driving your car, then one surefire option to earn money would be to rent it out. Companies like RelayRides and FlightCar let you turn your vehicle into a rental.

You simply advertise your car on their marketplace and then, pre-approved travelers are able to choose your car for rent. The average rental period is usually between three and five days and the average renter can make around $500 extra each month.

A car is a luxury and one purchase that?s simply going to cost you money as long as you have it. Nonetheless, your vehicle shouldn?t take up half your budget. Keep your car from eating up too much of your main income and try out one of these easy ways to earn extra cash and get your car to pay for itself.


What are some businesses in your area that might need advertising? Would you rent out your car? How else could you get your car to pay for itself?


Photo courtesy of: Kent Kanouse

What to do With a Car You No Longer Use

What to do With a Car You No Longer Use

What to do With a Car You No Longer UseHave you come to the point where you’ve realized that you no longer really use your car? Is it just sitting out in your driveway, or taking up space in the street? If you’ve found that you don’t really use your car, and you can’t justify either taking up the space or the costs each month, perhaps it’s time you found something to do with it.

Sell it Privately

Your first option is to sell it. Post some ads up around your town, and hang a sign from the car. You never know who might pass by and have an interest in your car. Look up what your car is worth online, and adjust your asking price accordingly. There are a few steps involved that you’ll need to follow in order to sell your car, but once you’re done, you’ll have a nice influx of cash for something you no longer use.

Sell it to a Dealer

If you don’t want to go through all of the steps required to sell your car privately, consider selling it to a dealer. Dealers are always looking to take in new cars that they can flip, and if yours is still in good shape, you might be able to get a decent amount of money for it. Keep in mind that dealers are going to try to get it for as little as possible, so you have to be willing to haggle, or even say no if you don’t like the price.

Trade It In

Perhaps you no longer use the car because you’re looking to upgrade to something nicer. If this is the case, when you’re shopping for a new car, you may be able to trade your old car in, and use its value as a part of your payment. Car trade-ins are common, and are often used when someone is looking to upgrade their car. This option is very similar to selling it to a dealer, with the difference being you get to drive home in a new car.

Donate It

For many people, they don’t think they will get a lot of money ? or anything ? for their old car. The car is in bad shape, and the amount of money you’d get from selling it privately or to a dealer just isn’t worth it.

In this instance, many people choose to donate their cars to charity. Doing so often provides you with some type of reward, and maybe even a tax credit. Look into local charities in your area that accept car donations, and the benefits they provide in return.

Sell it to a Scrap Yard

If all of the above options don’t work, and your car is in pretty bad shape, consider selling it to a scrap yard. Junk yards are always looking to get their hands on another scrap car, and you can turn your piece of junk into some quick cash.

Find a scrap yard in your area, and see what you can get for your old car. Don’t forget to factor in the costs to tow it there if needed.

Find a Reason to Use It

Maybe you don’t want to get rid of your car at all, but would rather find a way to use it. Luckily, there are plenty of ways that you can use a car to bring in some extra income.

Think about signing up for a ride share service like Uber or Lyft, and giving people rides in your spare time. Or, talk to a local restaurant about making deliveries in your spare time. You could also do the same for local charities, and use your car to give back to your community.

Give It Away

Finally, you could just give your car away. If you’re not concerned about bringing in money, or you don’t want to put the car to use, just get rid of it. Chances are you could find someone who would like a free car.

Maybe you have a young neighbor, or someone in your family, who is about to earn their license and is in need of a good car. Or maybe you know of a charity nearby that needs a reliable vehicle to make deliveries. You don’t need your car any longer, so why not make someone’s day and simply give it to them?

There Are Plenty of Options For Your Old Car

As you can see, there are a lot of things you can do if you have an old car lying around. It really depends on what you’re hoping to get out of it, and how badly you want the car gone. If you’re lucky, you could turn your old car into a quick influx of cash, or a steady income, but at the very least, it’s easy to simply get the car out of your hair.


Have you ever sold a car? What would you do with a car you no longer use?


Photo courtesy of: Pexels