Wanna know how to make money with your car in the UK?
Owning a car is expensive. You have to pay for fuel, insurance, and maintenance on top of the initial cost of the vehicle.
You might be one of those people who has a car that is just sitting on the driveway with very little use.
Or perhaps you’re on the road a lot, and you’re wondering if you could be getting paid for all that time you spend in the car.
The good news is that there are plenty of ways you can make money with your car – without selling it or giving up driving it!
Let’s take a look…
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Ways to make money with your car in the UK
- How to make money as a rideshare driver
- How to make money as a courier
- How to make money using your car for advertising
- Make money renting your car
- Make money by renting out your parking space
- How to make money by renting out your garage
- Get paid for carpooling
- Make money from your classic car
- Sell your number plate
- Make money at car boot sales
- Take on small moving jobs
How to make money as a rideshare driver
One obvious way to make money with your car is by working as a rideshare driver for a company like Uber.
If you’re looking for way to make some extra money on the side with a flexible schedule, and you need to make your car earn its keep, then becoming an Uber driver might be perfect for you.
It’s important to note that you need to meet a few requirements in order to get paid to drive your car with Uber. For example, you’ll need a good driving record, passing background checks and other screening processes.
You’ll also need a private hire licence and private hire insurance. Uber can guide you on how to obtain these.
There are a few alternatives to Uber in the UK, such as Bolt and Free Now, but they all have different requirements and are limited to certain cities.
How to make money as a courier
Another way to make money with your car is by working as a courier. Companies like Amazon and Hermes make it possible for anyone in the UK who has a vehicle to make some extra cash on the side by working delivery shifts to suit them.
Getting a delivery gig usually starts with filling out an online application form and providing documents that prove you have a clean driving record and a valid car insurance. You’ll also need to provide a DBS certificate (criminal record check).
Amazon Flex is a great option for those who are looking for a super flexible side hustle using their car. It’s an on-demand job where you make your own schedule and are paid based on time and mileage.
Drivers simply log in to the app and pick the shifts that suit them each week. The average pay is apparently £13-£15 per hour.
Hermes self-employed couriers can choose to work anywhere from 1 to 7 days a week, with hours to suit. Hermes state that they typically pay £10-£15 per hour.
Alternatively, you could look into delivering for UberEats, Beelivery or Deliveroo.
How to make money using your car for advertising
Looking for a lazier way to use your car to make money? How about signing up with a company that will pay you to display adverts on your car!
This is called ‘vehicle wrapping’, and it’s close to passive income once you’ve set things up.
You can earn up to to £150 per month just for having the ads on your car. You don’t have to do any specific driving, although sometimes you’ll be offered the chance to earn more by taking part in special campaigns where a bunch of drivers meet up in a particular spot.
The best companies to look at in the UK are Car Quids (up to £100/month) and Adverttu (up to £150/month).
The ads are easily removed and should not damage your car. You have the right to reject any adverts you’re not happy with.
Of course, driving around with a giant billboard on your car is not for everyone. But if that doesn’t bother you, it’s pretty easy money!
Make money renting your car
Another way to make money with a car is by renting it out for short periods when you’re not using it. Car rental websites make it possible to make money by renting your car out when it’s sitting idle on your driveway or when you need some extra cash.
There are lots of websites that will help you make money renting your car by matching you with someone who wants to rent your vehicle, and they even cover insurance. For example:
You can make anywhere up to £650 a month doing this – although it obviously depends on location, availability and more.
If you often have periods when you don’t use your car, and you’re not precious about letting a stranger drive it, your car could be out earning you some serious cash while you put your feet up at home.
Make money by renting out your parking space
Ok, this is not exactly making money with your car itself, but it’s car related! If you have a driveway or private parking space at your home, you can make money by renting it out to other people.
There are lots of websites and apps to make it easy for you. Take a look at Just Park or Your Parking Space for starters. You simply post a description of your space and the price, and they will take care of finding someone who needs that spot!
You can make up to £600 per month renting out just one parking space at home, which is pretty good going. Pop your postcode into the sites above to get a personal estimate.
Of course, demand will be higher if your space is in a popular location such as a city centre, near a sports ground or similar.
How to make money by renting out your garage
In a similar vein, if you have a garage you’re not using, you could make some decent extra cash by renting out the space.
People are looking for garage space to store their own vehicles, or even just boxes or other large items such as furniture.
Again, there are plenty of websites and apps out there that make it easy for you to advertise your space, such as Stashbee. You can also advertise locally on Gumtree or in Facebook groups for your town.
Get paid for carpooling
This is kind of like picking up hitchhikers for the digital age – but it pays!
If you’re driving from city to city, post your drive on a website like BlaBlaCar, Liftshare or GoCarShare and see if you have any takers. You’ll get company on the drive, and make some money towards petrol costs.
You’re unlikely to make a profit on this, but it’s a good way to offset the costs of your own travel – while helping the environment and potentially making new friends.
Make money from your classic car
Do you have a classic car, luxury car or other unusual ride? These cars can be expensive to maintain, but one way to offset the cost is to share it with others who’ll appreciate your vehicle.
One way to make money from your classic car is by renting it out for weddings, films, photoshoots and the like.
Companies such as Book A Classic will help you facilitate this. There are several options, whether you want to stay in the driver’s seat yourself and act as chauffeur, allow others to drive it, or simply have it parked for display. Another one to look at is Motorhouse Hire, which sources unusual vehicles for film and TV.
Since these cars often have a high emotional value, just make sure you are clear with the borrower about your expectations, and only go ahead if you’re 100% comfortable.
Sell your number plate
It’s not just the make, model and colour of your car that make it a valuable asset – the number plate is also worth something.
If you have a personalised or rare numberplate, this could make up to £20,000 in just one sale! But even if you’ve got a bog standard plate, your specific combination of letters and numbers might mean something to someone.
You can request a valuation and start the sales process on a website like CarReg.
Make money at car boot sales
Well, you need a car to enter! Boot sales combine your car with that time-honoured way of earning quick cash – having a clear out and selling your unwanted bits and bobs.
Many people make a decent side income from car boot sales – either by selling off their own things, or buying items for resale. If you’re looking to make some quick cash while decluttering your home, this could be the answer.
Take on small moving jobs
If you have a bigger car or van, you could be in demand for occasional work helping people move house, pick up that sofa they bought off Facebook Marketplace, collect larger items from the shop, and so on.
There’s no need to be a professional mover for these kinds of odd jobs – just make sure your insurance covers this and that the vehicle is in good condition, with plenty of room inside for whatever needs transporting.
The best place to find this kind of work is on online marketplaces like Gumtree or TaskRabbit.
Final thoughts on how to make money from your car
There are so many ways to make money with your car. Whether you love driving and want to make money on the road as an Uber driver or courier, or you’d rather sit back and use your car to make money passively by renting it out on Hiyacar. If you have a car, there’s no excuse for not making some extra cash! Which way would suit you best?
>> Related post: How To Make Money With Your House
Nice article! I remember an incident where I had the opportunity to guide a client on how to make extra cash with their car. After discussing several options, they decided to try renting out their vehicle on a peer-to-peer car-sharing platform. A few days later, they informed me that they had already received several booking requests and were excited about the extra income they could generate while their car wasn’t in use. At NewReg UK, it was satisfying to see clients happy and making the most of their assets.