How to Use Your Car to Make Cash Fast
October 20, 2020 | Mason Roberts
Owning your car has several advantages beyond just taking you from point A to point B. Your vehicle can also bring in cash when you need it, helping you create savings, pay off your debt, or provide an extra cash boost when you need it.
You may use your car to make cash fast by providing a lift-share, renting your car to others, using your car surface for advertisements, or renting out your parking bay. You may use your vehicle to make deliveries in your spare time. Your car can provide you with a means of income when you need it most.
In these COVID-19 times, many of us have suffered financial setbacks or even unemployment. Your vehicle is more than just a means of transport; it can be a source of income as well. Here are some ideas on how to make money from your wheels and here’s how you can secure emergency money by using a car title loan in Alabama.
6 Different Ways to Use Your Car
1. Share Your Commute With Someone Else
Carpooling can save you a great deal of money over time (and help the planet in the process.) By sharing your ride, you essentially make the same commute for less than half of the costs of your gas and without much fuss. You may join online sites such as BlaBlaCar and LifeShare to find people who share your daily route.
2. Become a Part-Time Delivery Person
Home delivery services are one of the few businesses that have boomed in the COVID-19 crisis. As the world moves more and more to delivery options over the traditional sales system, there are more and more job openings for casual delivery personnel. You may use your off time from work to make some cash working for home delivery companies such as Hermes and Amazon Flex.
3. Use Your Car to Advertise
Using your car as advertising space is a great way to build up passive income. Many companies offer drivers cash just to allow them to use their vehicle as an advertising space. Some online opportunities for advertising services are Stickeride and Wrapify.
4. Rent Out Your Parking Space
One thing that is always in demand in the city is parking spaces. If you have a parking spot in a prime position, all you need is your landlord’s permission, and you can make a passive income by renting out your parking bay. You can advertise in places such as ParkLet and JustPark.
5. Rent Out Your Car
If there are times where your car sits idle, you may use these times to rent out your vehicle. First, you would have to ensure that your car insurance will cover the rental, and then it’s a simple as choosing your space to advertise. Your car would need to be in good condition and preferably a newer model. Turo is an excellent place to start making money from your car.
6. When in an Emergency – Title Loans
If you live in Alabama and you’re facing an emergency where you need immediate money, you may want to consider title pawns near me. A title pawn is a short-term loan option that is a fast and easy way to secure up to $15,000 in Alabama. They work by you offering the title to your vehicle up for collateral. Because you’re offering up your title for collateral, you can secure a title loan even with bad credit. In fact, we won’t even check your credit score to determine your eligibility.
What Are the Advantages of a Title Pawn?
A title pawn offers several advantages over more traditional loans and caters to borrowers from all economic levels. These advantages include:
- Fast application process that can be completed in as little as 30 minutes
- You receive cash often on the same day
- You can start your application online
- All credit scores are welcome
- We serve several locations throughout Alabama, making your search for title loans online easy
How Do You Get Alabama Title Pawns?
Applying is straightforward and can be started on the Alabama Title Loans, Inc. homepage. After filling out a quick form wherein you input your vehicle and contact information, a loan representative will call you soon after you submit the form to schedule a meeting at one of our store locations. You’ll be asked to provide a few pieces of information, which includes:
- Your driver’s license
- The title to your vehicle
- Your vehicle for inspection
- A blank check to your bank account
The amount that you’ll receive on your title loan is dependent upon the condition of your vehicle which will be determined during the inspection with the representative. After filling out some paperwork, you’ll be one step closer to your fast financial relief as the funds will be deposited directly into your bank account for you to use.
Using your car to make extra money doesn’t have to be difficult but, when an emergency demands money immediately, Alabama title pawns will always have your back.