How To Use Your Car To Make Money

With increasing living costs due to inflation, people are looking for any way to make more money for financial relief. If you have a car, there are ways how to use your car to make money. You can do freelance jobs using your car or get same-day cash loans using your car’s title as collateral.

This guide from Cash Cow in Louisiana will explain some ways you can make extra cash using your car. We will also go over the title loan process so you can earn emergency cash now in Louisiana using your car title as collateral.

Six Methods For Making Money Using Your Car

Do you own a car and need financial relief? There are ways to use your car to make extra cash when you need it. With the increase in driving and food delivery apps, you can use your car for freelance tasks to make extra cash. Use your free time wisely and make money using your car.

The following are six ways to use your vehicle to make money:

1. Make Cash With Rideshare Apps

One of the ways to make cash with your car is to sign up as a driver for a rideshare application. Uber and Lyft are the industry-leading rideshare apps that let drivers with cars that meet their requirements pick up and drop off riders for a fee.

How much you can make depends on how long the ride is in miles and what tip the rider provides. You should only take on driving for Uber or Lyft to make extra cash if you are a safe, responsible driver who can deliver riders to their destinations on time without stress. You can make extra cash through tips for a clean car, exemplary customer service, and safe driving.

You can take on shift through rideshare applications after work or during your weekends. You can withdraw the money you made through the app after your shift is complete.

2. Deliver Food And Groceries

If you’re looking for how to use your car to make money, delivering food is another option. You could work for local restaurants like pizzerias or sign up for food delivery apps like Uber Eats, DoorDash, GrubHub, etc.

Your wage per delivery will depend on how much the customer spends and your tip. The more deliveries you can make during a shift, the more you can make. You can work flexible hours as a DoorDash driver, earning a side wage based on your free time. You can also withdraw your money after deliveries to spend on essential costs.

You could also deliver groceries in addition to food from restaurants and fast-food establishments. Instacart, Shipt, and Kroger Delivery Now allow drivers to sign up, take on deliveries, and go to the grocery store to shop for customers. However, this can be more time-consuming.

3. Work As A Delivery Driver

People who would instead use their car to make money by delivering packages over food have many options. You can sign up for Amazon Flex to deliver packages. Drivers can make up to $25 an hour, but you must have a wide-open schedule.

Another courier app you could get jobs from with more flexibility is Roadie. You can go onto the app when you leave the house and see if anyone in your area needs a package delivered. You can pick it up and drop it off to earn money during your commute.

4. Earn Cash With Car Advertisements

If you want to make even more cash while driving for Uber, Lyft, or DoorDash, you could work with Wrapify. It is an advertising company that allows drivers to put advertisements on their cars and make money by driving around. After signing up with information about your location, the app will send you campaigns in your area.

You can then decorate your car with advertisements, such as with small decals or larger advertisements, by heading to a wrapping company location. From there, the app will track how far you drive and pay you based on how many miles you travel. The more you drive with advertisements on your car, the more money you can make.

5. Rent Your Car Out For Money

If you work from home or live in a city with a public transportation system, you may not use your car that often. If that is the case, you could rent your car to make cash without driving it. Apps like Turo and Getaround allow you to rent your car to drivers who need one for a vacation or work trip.

The app will send you information to verify your car’s details, including its license plate number, make, model, year, and VIN. You can then list when the vehicle is available and provide photos and descriptions to begin renting it out. You can receive cash in direct deposit after a customer rents your car. These apps have insurance to protect your car should something terrible happen.

6. Get A Louisiana Title Loan

The abovementioned ways to earn money using your car can take time. If you need cash urgently, such as for medical bills, overdue rent, or home repairs, you can get emergency cash loans in Louisiana. Title loans allow you to borrow up to $1,400 using your lien-free car title as collateral.

You must have fully paid off your car to get approved for a car title loan. If you have, you can borrow money based on your car’s value through Louisiana title loans. The process takes less than 30 minutes, and you can get approved for regardless of your credit score. Borrowers can receive their emergency cash the same day they apply or the next business day.

FAQs

What are the requirements for title loans in Louisiana?

At Cash Cow, we have simple requirements for car title loans. You just need your driver’s license (or other state-issued ID card), a lien-free car title in your name, and your vehicle for an inspection.

What is your title loan amount based on?

Louisiana title loans allow you to borrow up to $1,400. However, we will determine your maximum amount based on your vehicle’s value, which is determined during a vehicle inspection. Car value factors include condition, mileage, year, make, and model.

Can you make money with a damaged car?

Having a damaged car can affect your ability to make money with it. Uber, Lyft, DoorDash, and other apps that allow you to use your vehicle to make money have minimum requirements. You may be unable to drive for them with a damaged windshield, missing headlights, or other issues. We accept damaged cars for title loans, but they can majorly reduce the value of your loan.

Apply Online Now For Title Loans In Louisiana – Receive Up To $1,400 Today!

If you’ve ever wondered how to use your car to make money, there are many options available to you, including driving people around, delivering food and groceries, and renting out your car. However, people who need swift financial aid can do so using their car's title through vehicle title loans. Cash Cow in Louisiana has an efficient process that lets you receive approval in less than 30 minutes.

The best part? You can start the process from your home with our online inquiry form. Submit your information and one of our loan representatives will call you to explain loan terms, requirements, and the approval process for same-day cash loans.

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.