There’s Money Hiding in Your Driveway—Most People Just Don’t Realize It Yet
In the age of the gig economy and smart technology, many people are uncovering hidden financial opportunities in their everyday lives. One such opportunity is literally parked right outside your door. Your vehicle, often seen as a depreciating asset, can actually become a source of income. From ride-sharing to car rentals, there are various ways to monetize your car, and many people are just beginning to realize its potential.
Ride-Sharing Services
Ride-sharing platforms like Uber and Lyft have revolutionized the way we think about transportation. These services allow car owners to earn money by offering rides to others in their personal vehicles. According to a survey conducted by Ridester, Uber drivers in the United States earn an average of $15.68 per hour before expenses1. With flexible hours and the ability to work as much or as little as desired, ride-sharing can be a lucrative side gig for those with the time and inclination.