by Jerry Mooney
One of the biggest problems with owning a car in the modern world is the price which comes with it. As roads become more populated, they become more dangerous, and this drives the prices of insurance through the roof. Along with this, as oil runs out, fuel for cars is also getting pricier. Of course, though, it doesn’t have to be this way. Instead, the motor on your driveway could be a source of finance, not just a drain on it. To help you out, this post will be exploring some of the best ways to squeeze some cash out of your car.
- The Freelance Route
Over the last few years, making money with your car has become easier than ever. Companies like Uber have taken the world of taxis by storm, offering the chance for those with some experience on the road to make some money. Using a method like this, you will be technically self-employed. This gives you a lot of freedom, but it might not be for everyone, as it also comes with some risk. An option like this is often best for people who would like to have a schedule which they choose, while also being backed by a big company.
In most places, achieving this sort of goal will require some background credentials which you’ll need to get. Taxi licensing is usually handled by your local government and will enable you to get everything you need to start driving people around. Along with this, you will also need to have your own car. This should be something reliable and economical to run, while also being safe enough to move passengers around without any issues. With all of this in place, you should be able to get started with the app of your choosing.
- A Career
For some people, the idea of working as a freelance taxi driver to get some money out of their car will seem very boring. This isn’t your only option for driving work, though, as delivery drivers are also becoming very popular. Working for a business like Amazon, you can choose your hours and exactly how much you’d like to work each day. This sort of role is often a lot more secure than using something like Uber. Along with this, you will interact with customers a lot less, and this will be a huge benefit to some people.
To be able to perform a job like this, you probably won’t need to get any special licensing or permits, as you won’t be putting anyone at risk. Instead, you will simply need to make sure you’re insurance covers your car when it’s being used for business. Without this sort of coverage in place, you could risk getting in some serious trouble and may even be left without a car. Once you’re all covered, you can start to think about applying for one of the many delivery companies out there which hire people on a freelance basis.
- The Quick Buck
Finally, of course, some people won’t want to make driving into their job at all, and will simply want a way to get some money out of their car for a rainy day. Thankfully, there are some good ways to do this. Getting car title loans online only through the best companies will take some research. But, with a financial service like this in place, you will be able to take a safe loan without risking losing anything bigger than your car. The value in your motor is often overlooked. You don’t have to give it up to get something out of it, though.
To be able to get a loan like this, you will first need to make sure that you have an operational car which is up to date with servicing and other maintenance. The condition of the car will make a huge difference when it comes to the amount of money you can borrow. Along with this, though, you’ll also have to think about your credit rating. If your score isn’t high enough, it could be very hard to convince a company to part with their hard-earned cash.
Hopefully, this post will inspire you to start working harder on the money you get out of your car. A lot of people will ignore this part of their life, simply seeing it as a tool to help them from A to B. Of course, though, this piece of machinery can offer you a lot more than this, whether you choose to make a career or grab the cash and run.
Jerry Mooney is co-founder and managing editor of zenruption and the author of History Yoghurt and the Moon. He studied at the University of Munich and Lewis and Clark College where he received his BA in International Affairs and West European Studies. He has recently taught Language and Communications at a small, private college and owned various businesses, including an investment company. Jerry is committed to zenrupting the forces that block social, political and economic justice. He can also be found on Twitter.