The Surprisingly Easy Ways to Use Your Car to Make Money
When you need some cash, it can feel like there is no hope. However, as long as you have a car, you have a plethora of ways to make money.
If you've never considered your car as a way to bring you money before, you might be thinking that it's impossible. But that couldn't be further from the truth. We're going to outline various, quite easy ways you can make money using your car including online title pawns.
Ways to Use Your Car to Make Money
1. Rent It Out
You can earn a healthy bit of cash (over $3300 a year) by renting out your car. Of course, this isn't for everyone. But if you don't drive during the weekends or the working week, you can reap many rewards just by renting it to those who do.
Thankfully, sites like Turo exist. Here, you can sign up, outline your price, the pick-up location, and when your car is available. Once that's finished, you'll just need to be ready to hand over the keys when someone sends a request!
There is one downside, though. Your car will need to meet certain requirements before the website allows you to participate. It needs to be of a certain age and value. Not to mention that you'll have to check with your insurance company to see whether your policy covers renting.
2. Put Advertisements on Your Car
Granted, this isn't the most aesthetically pleasing way to make a few extra dollars, this is still an available option to use your car to make money.
Companies such as Rollin' Ads will allow you to put adverts on your car and get paid for it (around $150 a month). You can choose the brands you love and turn down the ones you don't like.
However, the website will require you to be honest about your driving record and how often you drive around. Plus, you will need to behave sensibly while being a brand ambassador. Advertisers don't take kindly to erratic or dangerous driving.
3. Become a Part-Time Courier
Thanks to the rise of online shopping, delivery drivers are always needed. It's one of the most flexible ways to use your car to make money in your free time.
Amazon Flex and other delivery services allow you to sign up as a self-employed courier. All you need is your own car, a clear background check, sound knowledge of your locality, and a driver’s license!
Of course, being able to manage your time is also useful. However, that isn't a necessity to qualify for the position.
You could earn up to $20 per hour depending on the company you go with. We suggest looking around to find the best deal.
4. Ride Share
Ride share is probably more about saving money rather than making money. However, sharing your commute to work (or school) with others can help you cover your gas expenses, at least. That’s why we put it into the same category of alternative ways you can use your car to make money.
There are plenty of sites (ZimRide, Share Your Ride, etc.) that you can sign up for, detail your commute, and pick up strangers or friends along the way. With Zimride, you can even check out the interests and music tastes of your passengers, as the website uses social networks to enable real connections.
Not to mention that you will be saving the environment on your commute and potentially be making new friends!
5. Take Out Title Pawns
Perhaps, the easiest way to use your car to make money is to take out a title pawn. Title pawns are short-term financial aids that allow you to borrow a lump sum of money depending on the value of your vehicle (car, truck, motorcycle). Basically, to take out a title pawn, you need to be the owner of your car, as the title to it will serve as collateral.
Title pawns are a great option in case you’ve encountered an emergency and need urgent cash.
The repayment terms are flexible to fit around your lifestyle, and the application process can be over in as little as 30 minutes!
How to Obtain Title Pawns in Alabama
If you’re a resident of Alabama, you’re in the right place, since Alabama Title Loans, Inc. offers online title pawns.
The process is simple and easy to understand. We've been in the industry for many years and have a good understanding of how to streamline the procedure.
Following these steps will take you from A to B in no time.
- Open our Home Page.
- Fill in the application form. It's short, so it should take no longer than 5 minutes.
- Sit back and wait for a loan specialist to call you. During the conversation, they will ask where you'd like to meet. You can google tell you about the documents you need to bring, and answer any of your questions.
- Head to your previously agreed location to meet the loan specialist. Remember to bring your driver's license (or any form of state-issued photo ID card), your vehicle, and your lien-free vehicle title.
- Wait while the loan expert examines your vehicle and your paperwork. This allows them to figure out how much you qualify for.
- If you qualify for Alabama title pawns, you will receive the amount on the same day.
We welcome those with no credit, bad credit, and good credit so don't worry! Just get in touch and we'll be happy to help you use your car to make money ASAP to cover your emergency expenses!
For more ideas on how to get more money quickly, read our articles about making money.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.