How to Use Your Car to Make Cash Fast
Owning your own car comes with a plethora of benefits. Not only does a car make life easier in terms of time and comfort, offering freedom for you to do what you please when you please, but a car can also be used as a source of income. Read on to discover some of the ways you can use your car to make some quick cash. We’ll also cover how you can pawn your car for cash while still keeping it.
1. Over Ride-Sharing Services
A great way to use your car to rake in some extra cash is to offer ride-sharing or carpooling services. With the myriad of ride-sharing apps and companies out there today, the process is super simple and drivers working for ride-sharing companies typically work at their own schedule, so you don't have to worry about committing to working from 9 to 5.
By offering ride-sharing services, not only will you be able to make money by sharing your commute, but you'll also be helping the environment by reducing car pollution and the emission of carbon in the air. Plus, who knows, you might make a friend out of some of your ride-sharers!
2. Rent Out Your Car
Renting out your car when it's not in use is another great way to make some extra cash in your car. This is especially lucrative for those people who use their car only on weekdays or on weekends. Or if you're planning to go on a long holiday abroad, you might consider renting out your car while you're away.
There are tons of apps out there that make the process of renting out your car super easy and hassle-free. Take advantage of them!
3. Use Your Car as a Moving Advertisement
While this may not be the most desirable option out there for using your car to earn cash, it can certainly be a lucrative one. Consider using your car as a moving advertisement. This entails wrapping your car's exteriors in temporary advertisements.
The best part of using your car for advertising is that you don't have to do anything apart from getting your car wrapped. All you have to do is drive your usual routes. Companies like Carvertise can dish up to $200 per month for drivers advertising high-end campaigns. Not bad for passive work!
4. Offer Delivery Services
Offering delivery services is probably the most common method people use to make money using their cars. In particular, food delivery companies are always looking for drivers willing to deliver food for them.
Apart from delivering food, you can consider delivering for non-food companies as well, such as Amazon or Postmates. Or, if you're feeling extra money-hungry, why not work for multiple delivery companies at once?
5. You Get Cash for Your Car Title
With the help of a title pawn, a short-term loan that allows you to access up to $15,000 in emergency cash through the use of your title, you can leverage your title as collateral in exchange for your loan. When your savings isn’t enough and you have nowhere else to turn to, title pawns are an option for you because they’re not dependent upon your credit score.
The process of getting an auto pawn is fairly simple, and you can typically expect to have your hands on the cash in a few hours, which is why it's a great option if you're in urgent need. To qualify for a title pawn, all you need is to be above the age of 18, own the title to a vehicle in decent condition, and your bank account.Another advantage of title pawns is that you don't actually have to sell or relinquish your car - you keep and operate it as you normally would. So, if you're considering pawning your car but aren't sure of what the process entails, here's a step-by-step guide of the simple process:
- Visit the Georgia Auto Pawn homepage and fill out a quick online form. When you’re finished, hit submit.
- Receive a call from a loan representative who will schedule a face-to-face meeting at the location, time, and day of your choosing.
- During the meeting, you supply the items mentioned above and your car will be inspected.
- Once you feel comfortable with the situation and you fill out the paperwork, you’ll receive the loan in the form of a deposit right into your bank account.
And that’s it! If you own the title to a vehicle, know that you’re never far from fast financial relief when you’re facing an emergency in the state of Georgia. Don’t worry about searching for title cash near you. Visit our homepage and state your application today.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.