If you are stuck at home and not going to work during the COVID pandemic, you’re probably still paying for car insurance… when really there isn’t any need! Making money from your car that you are paying for is a quick and easy way to get started with making money.
The best part is that with a lot of these strategies, there isn’t much set up time and you can get started and make money within a few hours!
- Deliver Food With Uber Eats / Post Mates / Door Dash
Remember the days where ordering pizza was the only thing you could really get delivered to your house? For me, I remember the pizza and then shortly after a lot of Chinese restaurants started delivering. But even to this day, restaurants are not delivering food. Instead, they are using apps like: Uber Eats, PostMates and Door Dash to get food from their restaurant to your home.
i) Uber Eats
Uber Eats is a division of Uber, if you haven’t heard of it yet! Essentially, the customer places an order on the Uber Eats app, the restaurant confirms and prepares the order, and then a driver picks it up and delivers it to your house.
You become the driver in this situation!
When you turn on the Uber Eats app as a driver, you can choose when you want to work, where you want to go, and accept/decline each job as it comes. If you feel that the gig isn’t worth it, decline that specific job and wait for another to come in!
However, Uber Eats does have a “minimum requirements” that your vehicle needs to meet, which you can read here:
- 4 Door Vehicle
- Good condition, no cosmetic damage (you will have to provide pictures)
- No commercial branding (good try, you can’t combine Uber Eats and #3, wrapping your car!)
- Snow tires during the winter months (in my city at least)
- Pass a vehicle inspection by a licensed mechanic
Uber Eats has an extremely high volume of orders, specifically during the lunch and evening (dinner) times, so be sure that you are willing to drive during those times.
ii) Post Mates
If you’re in Canada, Post Mates is currently not operating here as of March 2020, but they do have plans to move here eventually. Technically, there are not just restaurants on Post Mates, but that is what comprises most of the website.
Post Mates is very similar to Uber Eats, the main difference is that you may also be getting/delivering alcohol or groceries, not just restaurant food. You also must get to the persons house within an hour, as that is what Post Mates guarantees.
Another hidden gem about Post Mates is that you don’t necessarily need a car to do deliveries! If you want, cancel your car insurance (Save the money), and then use your bike to deliver orders. Not only are you making money, but you are saving and not impacting your car anymore! Say bye to wear and tear.
On average, Post Mates drivers are seeing an income of about $17/hour.
Here is how Post Mates makes your earnings:
They have a base pay of around $1.35 per order that you accept. On top of that, you earn $0.10 per minute while waiting at the restaurant and $1.03 per mile between the restaurant and your destination’s address. You then end up (usually) getting a tip from the person ordering!
iii) Door Dash
Door Dash is my personal favourite to order from! I feel that is has the most variety of restaurants and overall, I’ve had the best experience with their drivers. If you don’t have a car, you can also Door Dash with your bike or any other vehicle!
One of the best reasons to become a Door Dash driver is that you receive 100% of the tip, whereas you do not receive 100% of the tip on Uber Eats and Post Mates.
The Door Dash driver requirements are much less strict, they only require:
- Be 18 years of older
- Own a smartphone
- Have a Drivers License, Insurance, and Clean Record
And that is it!
Truly, the best part about these jobs is that you get to make your own hours and see the full amount that you are going to receive before you accept the job.
- Rent Your Car on Turo
Not using your car and want to get money for it instead of letting it collect dust on your driveway?
Turo is a platform that allows you to rent your car out to people for the day, or for a few days!
Why would someone rent your car?
There are tons of people who need to travel for business and/or are visiting the city! Funny enough, a member of our Hobby Hustler community rented out a sports car for his first date!
Turo takes 25% of the revenue from total amount you are receiving. It seems like a lot of percentage, but in exchange, they are actually covering your insurance as well!
Insurance in this business can be a huge expense due to the variety of people who may be driving your car.
I actually just got an idea when writing this… feel free to run with it. Imagine there was a device in your car that measured your average speed, swerve-ness, and how much pressure you put on the breaks, etc. The data gets compiled and sent to an insurance company. Based on how conservative or risky you are, the data plugs into an algorithm and gives you a better price.
Pro-Tips For Turo:
Think about why someone would rent your car and implement little things into the listing that will make it sell.
- Are you renting a Jeep? Mention that there is a lift kit, or 4 wheel drive, or doors that can come off
- Are you renting a convertible? Make sure to include a picture in your listing with the roof down so people know that
- Are you renting a regular work vehicle targeted towards travelers? Promote that you have a GPS and that your vehicle is fuel efficient
Think about why someone would rent your vehicle and include those in your listing!
Turo’s pricing works based on whatever you want to rent your car for. You set your price, similar to an eBay listing or such, and someone pays you the price. Keep in mind that the market price is going to change depending on what vehicle you are renting and what market you are in.
If you are going to do Turo with your vehicle, just keep in mind that you will need to factor wear and tear into consideration of pricing. You will run the miles higher on your vehicle and you will require:
- More frequent oil changes
- More frequent brake pad changes
- More frequent tire changes
I would recommend this if you are not using your vehicle! Although some people do it, I do not recommend that you go out and buy a car specifically to rent out on Turo. There is definitely a way to be profitable doing that, but I believe you can put that investment somewhere else.
- Wrap Your Car
Ever see a car on the road wrapped with an ad for a company? Sometimes they work for that company of course (or maybe even own it), but sometimes they are drivers on Carvertise!
Carvertise is an amazing service that is easy to get started with! If you are looking to get started right away, this is not the fastest in this list. Keep in mind that you will need time to get matched with an advertising campaign and then the rap needs to be done.
It is super simple to get started:
- Take the driver application – they basically ask you a series of questions from what you drive, to how much you drive, to where you drive, etc.
- They will match you with a company based on your driving habits
- Get the car wrapped
- Drive around as you normally would
- At the end of the campaign, take off the wrap!
The requirements are very easy to meet as well. On their website, they put requirements as:
- Drive at least 30 miles / day
- Have a clean driving record
- Own a 2008 model car or newer
- Factory finish paint job
Carvertise is a good gig if you are driving to work every day and put significant miles on your vehicle!
Wrapify is another car advertising money method, and they are much bigger than Carvertise! When you go on the Wrapify website, they give you estimates on what you can make depending on how much you wrap your car.
You have the option of:
- Full wrap, which pays the most
- Partial wrap, which pays the second most
- Lite wrap, which pays the least
Either way, it is pretty easy to bring in a minimum of $250 wrapping your car fully every month!
- Deliver Amazon Packages
The beast of a business is Amazon is one of my favourites to follow. I truly believe that Jeff Bezo’s is one of the smartest people in this world and is slowly disrupting every single industry he sets his mind on.
One of the latest industries he has disrupted is the last-mile parcel delivery. If you read about last-mile delivery, it is typically the most expensive part of the delivery process because it is extremely customized and sometimes in rural areas or areas that are hard to get to. It’s the part that has contact with the end user and sometimes, that in itself is time consuming!
Amazon Flex is the service that allows everyone with a car to deliver for Amazon. You are doing the last-mile delivery!
It is extremely easy to get started, basically all you need is a vehicle and a phone (smartphone). I believe the payment is depending where you are located and how many deliveries you are doing, but you can make anywhere from $15-$30 per hour.
One of the biggest selling features of Amazon Flex is that you can take your money from the app TWICE PER WEEK! Some companies are paying bi-weekly, meaning you get paid every two weeks. Not Amazon, they pay you twice per week.
- Drive for Uber & Lyft
If you are trying to start a hobby or side hustle, driving for Uber or Lyft can be a great way to meet potential customers or people who can give you advice. I recently got in an Uber and was chatting with the driver about what he did for his full-time job, he went on to say that he is working a full-time job at a factory, but is starting a podcast, and in order to pay for the equipment and advertising, he was doing Uber.
One of the most important parts of driving for Uber and Lyft is that you are going to need to plan to drive in peak times to really get the most out of your hours driving. Typically, if you are living in the city centre or a metropolitan are, Friday and Saturday evenings are your busiest times. When the demand increases over the supply of drivers, the prices increase dramatically for the riders, and those revenues get passed off to the drivers.
In some markets, you may find that in the morning going to work and around 5 o’clock bringing people home from work are your busiest times. These “busiest times” are totally dependent on where you live and how many drivers are around you.
I mentioned the Uber driver I rode with, one of the biggest things he told me is that he sometimes doesn’t make money on the ride because of how far he has to go just to pick the guest up. Remember, you are not paid for the drive TO the guest!
Know your limits and know how far you need to drive to break even and make a profit.
- Shop For Other People on InstaCart
I recently used InstaCart when I was on vacation over the Christmas break. What a great idea this is…
If you are unaware of what InstaCart is, it connects people who are needing groceries to people who are going shopping for them. As an InstaCart Shopper, you are responsible to go to the local grocery store and pick the items that your customer wants, and then deliver it to their home.
Something I found interesting about InstaCart is that they have two different roles:
- Independent Contractor
- Meaning that you can work unlimited hours and you do shopping and delivery
- Part-Time Employee
- Meaning that you can only work part-time hours, you get access to 401(k) and commuter benefits. You are not responsible for delivering orders, just fulfilling them.
One of the biggest benefits of being an InstaCart Shopper is that you can set your hours and work when you want, where you want. Currently, InstaCart is not in every Country or State, but they do a full list on their website.
InstaCart has a pretty lenient set of requirements as well:
- Must be 18+ years old
- Must be able to lift 40 pounds
- Must have an Android or Apple Smartphone
- Must have a clean record and background check
- Deliver Alcohol with Saucey
I heard of this company Saucey from a fellow hustler in the community and to be honest, I never have heard of it before that. It is definitely interesting and could provide you with some great money!
Saucey is an alcohol delivery service that offers delivery to a few cities in the USA.
Do you consider yourself a night owl?
The beauty about Saucey is that you can’t deliver before 12 PM (that would be concerning if you could!) and it ends at 1 AM.
Saucey does have tighter restrictions when applying to become a delivery driver, which include:
- Must be 21+ years old
- Have a vehicle 2007 or newer
- Smartphones that is no more than 2 years old
- Clean driving record
- Flexible availability
- You will also need to know and understand how to check your customers ID to make sure they are of age
One of the things I appreciate about Saucey is that they value customer service. Coming from the retail industry, customer service is everything and if you treat them well, they will come back. Saucey requires you to maintain a minimum of 4.8/5 stars customer rating or if not, they will kick you off the app!
Saucey is one of the only delivery jobs that will provide you with the training, cooler bags and swag, and a hands free phone mount for your car. Other companies that were featured in this article require you to pay for those on your own!
If you end up using Saucey, be sure to let us know how you liked it!
I am excited to see this company grow and get into more cities across the world.