Earn Passive Income From Your Cars

[Chibson]

Yeah, when you want to rent it out, you must do that to people who your trust. If you rent your car to unscrupulous people they may damage it along the line.

 

[Hate2Wait]

You can even start with a single car and after seeing success can add more cars to your journey of earning passive income

 

[Chibson]

You can even start with a single car and after seeing success can add more cars to your journey of earning passive income

Yeah, when you start with a single car and you begin to make a lot of profit you can add others. You can purchase more cars in the future to increase the business.

 

[Magnus2022]

Even if I have cars, I will not try it because I don't want trouble especially in country like Nigeria where insecurity is high. One man lose his life and car when he was hired to transport two people to airport. Along the way, he was killed and his organs harvested and his car lost.

 

[uptrendfinancialsignal]

You can turn your car to a cab and it will be a way to generate income.

 

[Chibson]

Yes, but if you want it to be passive income you need to give it to people to drive for you. They can be giving you some certain percentage of the money everyday.

 

[Reedex]

I have couple of friends who have registered their cars with uber and they're making respectable money from it.

 

[uptrendfinancialsignal]

I have couple of friends who have registered their cars with uber and they're making respectable money from it.

It is very correct that you can generate passive income through registering your car with uber.

 

[Springtime]

In my location, you need to get a permit to run a private cab service. And people tend to rent cars from proper car rental companies due to insurance issues.

 

[uptrendfinancialsignal]

There are quite huge number of people who have chosen to use their car to make decent money along the line.

 

[Yohanna]

You can turn your car into uber to make it a passive income source.

 

[Reedex]

You can turn your car into uber to make it a passive income source.

It is true that you can turn your car into uber to make huge amount of money.

 

[eldavis]

You can use your car to make passive income. I know of someone who has two cars, he usually rents one out, then the driver pays him a specific amount of money after every use.

 

[Yohanna]

You can rent your cars out for uber to make passive income.

 

[nomad]

With the popularity of ride sharing comnpanies, you can work for ride sharing companies to earn additional money but I am not sure if you can actually rent out your cars to cabbies.

 

[Yohanna]

With the popularity of ride sharing comnpanies, you can work for ride sharing companies to earn additional money but I am not sure if you can actually rent out your cars to cabbies.

It is true that the ride-sharing companies are springing up in large quantity and you can join any one of them to make money with your car.

 

[flower]

If you have car or cars then you can give it on rent to trusted people or take something as guarantee and earn rent from them so a good way to earn fixed income

There are several people that are making money from their cars and it is extremely important to also follow this set of people's path to make money as well if you have a car.

 

[Rubz]

This is very true. Car owners can earn passively by renting out their cars to people in need of a car. This way, income is generate without one actively working for the income.

 

[Starmix]

I'll never allow people to rent my car and the car of my sisters. There's no extra car at home. We only have three cars for the three of us at home.

 

[freelancermaria]

There are numerous ways to earn money with your car. It can be used for ridesharing, delivery, or affiliate marketing. If you own a car-related website, you can make money by marketing a product or service in your niche.