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Make Passive Income Renting Out Your Car with Getaround
If you’re searching for creative ways to earn extra passive money, why not turn your vehicle into a money-making machine? Getaround is essentially the Airbnb of cars, meaning you can rent out your car as you would your home. The financial rewards for doing so are actually quite good. In fact, I know a few people that make a full living renting out just a few cars on Getaround. This post will show you how to make solid cash with your car.
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Getaround connects people who need a vehicle to people who own a vehicle available for rent. With a lot of people working from home due to the Coronavirus pandemic, there’s a lot of unused cars hanging out on driveways. If you’re one of those people or you simply don’t drive much, you can rent out your car and start earning passive income nearly immediately.
On average, owners who list their car on Getaround make around $800 per month. It’s easy to set up and you can get your car up on the platform within a few minutes. You can book customers quickly, but it largely depends on which of the 300 cities the platform is used in.
