Easy side hustle with your car

Many side hustles require some, well, hustle on your part. That could mean cranking out crafts for your Etsy shop or continuously applying to gigs on a marketplace like Fiverr. But in this new wave of gig economy opportunities, you don’t have to put in part-time hours to earn hundreds of extra dollars per month. One of the easiest side hustles — car sharing — involves your car, and not much else. It’s a low-effort way to make passive income that you can spend or save however you please. Let’s dive into what car sharing is, how it works and why Avail, with its passive income guarantee, is the best option with the lowest amount of effort. 

How car sharing as a side hustle works

Car sharing is a side hustle with your car that allows you to earn money by renting out your personal vehicle to others when you don’t need to drive it. This could be an additional car that you own that sits parked more often than not or even your primary car if you leave town for vacation or work from home and don’t need to get on the road. 

Most people share their car through a third-party platform, like Avail, Turo or Getaround. There are many benefits to doing this versus trying to start your own small-scale car sharing business. For example, you’ll have more protections, marketing is done for you and you get to take advantage of a big name brand that customers trust. 

What car sharing company is best for side hustles?

We’ve written extensively on how to choose a car sharing platform, but when it comes down to it, those who want to make money without having to hustle for it use Avail. It’s the only option that offers guaranteed earnings while also reducing your out-of-pocket costs and requiring very little personal effort. Here are some examples of why Avail is the best car sharing platform for side hustles:

• Guaranteed weekly payouts of at least $50
• No coordinating or interacting with borrowers — key and car exchanges are managed through a secure on-site key box.
• Park for free in an Avail spot for the duration of your sharing period when your car isn’t being borrowed
• Allstate insurance protection for every vehicle
• Avail manages cleanings, inspections and refueling
• The Car Care Plan shares routine maintenance costs 

These benefits aren’t available from companies like Turo and Getaround, which is why Avail is chosen as the best car side hustle for passive income.  

How car sharing insurance works with Avail

We get it: Even the most trusting person may still have reservations about letting someone else use their car. That’s why we protect your vehicle with insurance coverage from Allstate the entire time it’s being shared on Avail. Coverage includes up to $1 million in liability insurance, in addition to roadside assistance and customer support for borrowers.

How much money can you make?

Finally, let’s talk about car sharing earnings. All car sharing companies are different and have varying pay structures and algorithms that determine how much you earn for each booking. With Avail, we already mentioned the guaranteed earnings of $50 per week, but you can earn even more than that if your car is booked more often than not during its sharing period. If you share a van, standard sedan or mid-size SUV, you’ll earn $20/day when your car is borrowed, and if you share a large SUV, you’ll earn $25/day when your car is borrowed. If you share your sedan for 7 consecutive days and it is booked for 5 days, your earnings (5 days booked at $20 per day is $100) will exceed the $50 guarantee. This is a side hustle with your car that can be worth more than $4,000 a year in extra earnings.

Unlock your earning potential

Want to earn even more? Share a direct link to your vehicle page on social media or with friends and family. Earn an extra $100 bonus each time a new borrower signs up using your link and completes a booking on one of your cars.

Your car is money

Other side hustles with your car — like ridesharing or delivering groceries — require a lot of your personal time. But car sharing with Avail only requires you to select listing dates, drop off your car and keys and then pick them up when your listing period is over. It’s the best way to earn passive income without having to build the infrastructure or a separate business first. 

Although Avail only operates in Chicago and Denver, you can share your car on the platform no matter where in the U.S. you are located. Just contact Avail to learn more about the process so you can start earning more while doing less.