The new and used car industry is absurd right now!
Car prices are through the roof, and that’s if you can get to one before it has been sold.
But with supply and demand issues like this come great opportunities…
I’m about to share with you a hands-free, automated business that nets you $2,000+ in monthly income AND gets you a FREE car…
Over the past decade, the rise of Uber has taken the world by storm.
This was reflected in the sprouting of opportunities for new companies like Lime and Razor (scooter and bike rentals), Lyft, and more.
What Uber showed us is that you don’t need to own a car to get around anymore… even if you don’t live in big cities like New York or LA.
It has created its own little economy of side-hustles and weekend gigs, but there’s one hands-free business that’s really caught my attention…
Carsharing.
If you would’ve asked me about this industry 10 years ago, I would’ve given you a puzzled look and moved on…
But now, times are different.
Uber, Lyft, & co. have highlighted this little niche, and now there’s a way for you to get in on it.
Here’s the gist of it…
You take your car (or finance/lease one) and you put it up for rent on one of many carsharing websites.
We’ll get to how this gets you a FREE car shortly, but for now let’s take on the basics.
If you own a car that’s less than 10 years old and meets general safety standards, you can rent it out when you’re not using it.
If your car is older or you don’t have one at all, you can lease or finance one (or buy one outright, if you can), and rent it out.
The average car lease/finance amount is anywhere between $200 – $400 a month.
The average income per car on these carsharing sites is $800 a month.
You don’t have to be a math wizard to work out that’s 2-4 times return on your money.
Now I’ve got your interest!
Here are some of the more popular websites/apps for you to list your car on:
- Car2go
- Zipcar
- HyreCar
- Getaround
- Turo
The best part is, there’s no limit to how many cars you can list, AND you can list on multiple sites (just be careful about double-booking).
But start with one car for now to see the magic in action.
Once you’re comfortable with one, get a second, third, and fourth, and you’ll have a spare (or FREE) car to use whenever you need.
Here’s the rough math on having 4 cars listed:
Expenditure: 4 x $300 = $1,200
Income: 4 x $800 = $3,200
Income – expense = Profit of $2,000 a month
Keep your fleet growing, and you’ll never have to worry about money again!
