4 Practical Ways To Make Extra Cash For The Holidays

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ways to make extra cash

With the holidays right around the corner many of us could us a little extra cash for Christmas, right? But we also don’t have the time to take on a part time job. Lucky for us, with the evolving market of on-demand apps, there are new ways to make extra cash using your car.

From meal and package delivery, car rentals, and ride services, half of Canadians now rely on an average of three on-demand apps for their everyday lives.

What is it that makes these on-demand apps so unique besides the convenience they provide? They require their employees to have a reliable vehicle. People are using their own cars, on their own time, to deliver food and chauffeur people around.

Many are turning to these apps to make extra cash for the holidays and some even consider it a full-time job. What makes them so popular is that they all allow you to be your own boss. You set your own hours and you get to work from the comfort of your own car.

There are many options for jobs as such, but we thought we would share the most practical ones with you. They are easy to do and require little effort to get started, making them some of the best ways to make extra extra money.

 

1. Make Extra Cash Chauffeuring People

Did you know that over 60% of Canadians rely on apps for taxi and rideshare services? And what are those apps? You guessed it… Uber, Lyft, iCarpool and more. With such a high demand for rides there is always a need for drivers. Especially around the holidays when more people are traveling.

All you have to do is pick people up and drive them to their destination. Everything is done through the app in your car, making it as easy as can be.

Becoming a driver now around the holidays is a great time to start! Most drivers make more money around this time of year, so it’ll get you started out on the right foot. To become a driver you have to meet a few requirements such as…

  • Have a 4 door vehicle
  • Pass a vehicle inspection
  • Have your vehicle registration and insurance
  • Have a valid driver’s license
  • Provide proof of work eligibility
  • Pass a background screening

Once you begin driving, the income you make depends on how many trips you make. The amount you make is based on the distance you drive and how long it takes to complete a trip. The more trips you make, the more money you make.

 

2. Make Money Renting Out Your Car

A new and improved alternative to car rentals has arrived. Now, instead of renting a car from a car rental company, you can rent out a strangers car. Think Airbnb for cars.

So if you have a decent car that sits in your garage every weekend, why not rent it out and start making money off it with Turo? It’s easy to sign up. All you have to do is provide information about your car such as year, make, model, and location. Based on that and the current market value, Turo will automatically set a recommended rental price for your car.

Once someone has rented your car they will either pick it up from your location or you can schedule a meeting time and place. For example, a popular meeting place is at the airport. Once the renter is done with your vehicle they meet up with you to drop off the car.

You’ll paid 65% to 85% of the trip price via direct deposit within 5 days, depending on the vehicle protection package you choose.

Turo also provides $1 million in liability insurance, so you know you’re protected against car damage and theft. All renters are also screened before being approved to rent your car to give you peace of mind. All you have to do is watch the cash come in while other people drive your car. How much easier could it get?

 

3. Be A Delivery Driver

We live in a world now where you can have just about anything delivered. Food, groceries, packages, you name it. But what do these services need to work? Drivers! There are many opportunities to make some quick cash for the holidays by delivering items.

Services such as UberEats, Favor, and Foodora all allow you to deliver food on your own time and as often as you wish. You can deliver after work or on the weekends, making it easy to make money during the holidays.

Just as the taxi and rideshare services, you have to meet a few requirements. They vary by each servicer, but the main ones are…

  • Have a valid driver’s license
  • Have a reliable vehicle
  • Provide proof of insurance and registration

Once you have met the requirements and start your deliveries, your income fluctuates based on how many deliveries you make, the time you deliver, and the location in which you deliver. It’s typical to make more money during peak delivery times, such as between 6pm and 9pm. It also helps when you deliver in heavily populated areas. On average you would expect to make anywhere between $10-$20 an hour.

4. Sell Your Car For Cash

So do people actually make decent money using these apps? Like any other job, it depends on how many hours you put in. For each of these jobs, the more deliveries you make or rides you give, the more money you make.

However, you also have to consider a few different factors that you don’t with your usual 9 to 5 job. Driving your car for work requires gas and the occasional maintenance. You’ll most likely have to work enough to compensate for those factors before you start making money.

Want an easier way to make some extra holiday cash? Sell your car to Cash For Cars Canada! It’s the fastest and easiest way to make extra money for the holidays.

All you have to do is call us at 1-800-261-9854 or fill out our online form for your instant, risk-free offer. If you accept the offer we schedule a time to pick up your vehicle, free of charge, that is convenient for you. You just hand over the keys and we pay you at pick up. There’s really not an easier way to get some extra cash for Christmas!

Have a vehicle other than a car you need to sell? Visit our blog to find out what you don’t know about Cash For Cars Canada. We buy more than just cars.