Look out at your driveway; what do you see?
Probably a car or two just sitting there NOT making you extra cash.
But that’s all about to change, because I’m going to show you a simple business idea that turns your car into a cash dispenser.
This simple business could garnish you an extra $3,000 per month… For some people, that’s retirement.
Whether you and your family share a car or have multiple cars, this simple business idea could provide you with the extra cash you’ve been needing.
It’s not absolutely necessary that we drive our cars every single day.
A lot of the times, we can use other modes of transportation to get through our daily tasks, but it’s very rare that we do since we have the privilege of walking a few feet from our front door and driving our cars.
But if you were being paid to let somebody else borrow your car, maybe you’d see the bright side of taking the bus or using Uber.
I know what you’re thinking: let someone else borrow my car? You must be mad.
I’m going to stop you right there, though.
This company provides you with a simple business that insures your car for up to a million dollars and protects it from any physical damage, while other people are driving it.
To put you more at ease, the drivers are all prescreened before they’re allowed to rent your car and there’s 24/7 roadside assistance provided during the duration of the rental.
With websites like Turo.com, listing your car couldn’t be any easier.
The average car on Turo rents for about $100 a day. So, for every day that your car is sitting there in the driveway untouched, it could be making you $100.
By switching to public transportation or Uber some days, your Turo payout would cover all expenses and put a nice wad of cash in your pocket.
You wouldn’t need to worry about gas and you could halt your car insurance payments if you’re planning on renting out long-term—like I said, your car is covered for up to a million dollars while it’s rented out.
If you’re able to rent your car out for a month, you could be raking in $3,000 every month.
If a $3,000 a month retirement doesn’t sound too stable to you, you could take this a step further and use your income to purchase another car strictly for renting out.
There’s no stopping how many times you could do this in order to have multiple cash-dispensing cars on hand, paying all your bills.