I've written about renting out your animals, and renting a spot in your driveway.
Now, how about renting out your car?
Think about it,
Your car sits parked most of the time anyway.
And unless your a traveling salesman, the statistics say that on average, most people drive their cars just 8% of the time or about 2 hours a day. The rest of the time it sit parked, completely unused.
I came across a website called RelayRides.where you can make your car available for rent. You earn money every time it's used.
RelayRides also provide a $1,000,000 policy so you are protected against loss or damage. Furthermore, every member's driving record is reviewed to ensure they meet RelayRides insurance company's standards.
Have you ever loaned your car to a friend, or family member, and had it returned with a empty tank? Or the next day discovered a ding or scratch? Withe RelayRides, you're paid, and get free insurance too. And that loser nephew always looking for a handout? He'll have to look elsewhere to mooch.
Getting paid to rent your car had tax advantages too. You could start a business with renting your car. That way, you'll be able to write off the vehicle maintenance. Your car is the equipment of the business. Even if you don't rent the car, you'll have the depreciation and all the business deductions to declare on your taxes.
If you live in a available metro area, check out RelayRides. You could make a few bucks sitting home watching tv!
