How To Use Your Car To Make Cash Fast
Your car isn't something you just own that depreciates value. You can actually make money pretty quickly with it – if you know what you're doing. But don't worry, that's why we're here! From title loans in Delaware to renting out your vehicle, there are plenty of ways to make fast cash, Ready to find financial freedom? We bet you are! Let's get cracking then.
How Your Car Can Make You Extra Money
Having a car can be more than just a way to get around. It can also be a source of extra income, if you know how to use it wisely. Whether you want to drive people, deliver goods, rent out your car, or advertise on it, there are many opportunities for car owners to make money. Let's get into how your car could be making you extra money:
Rent Out Your Vehicle
Okay, this won't be for everyone. But it can be an excellent money maker. For example, if you don't drive much during the working week, you can sign up to Turo and rent it out to those who do need it.
All you have to do is enter the price, pick-up location, and when your vehicle is available. That's it! However, we should mention that you must have a car that fits Turo's value and age standards.
Become An Uber Driver
Depending on where you live, becoming an Uber driver might be a very lucrative option. Everyone seems to use this app these days thanks to the growing number of drivers in a range of locations. Just head to the app if you think this might suit you and your lifestyle!
Place Ads On Your Car
Like the first option, this won't be for everyone. But you can make around $150 a month by letting companies put their ads on your car. You are literally making money by just going about your normal, driving-filled life.
To be eligible, you need to have the following:
- a speck-free driver's license.
- road tax and valid MOT for your car.
- valid insurance.
- no felonies related to drunk driving or dangerous driving resulting in death.
These advertisements can be placed on the side of your car without spoiling the bodywork. Not to mention that if something goes wrong, the company will payout for any paint and aesthetic repairs. Pretty sweet deal if you ask us!
Become A Courier
This one is for when you want to just pick up jobs here and there around your other commitments. All you do is carry packages to their destination. Of course, you must ensure that you're on time and polite to those you're delivering to. But other than that, it's easy money.
Since you will be self-employed here, you can work whenever you want to. Couriers get paid a pretty large amount. You might even decide to turn this into your full-time career when you see the cash come rolling in!
Just remember to pay your taxes though. Otherwise, you'll be hit with a huge fine at the end of the year. Trust us, you really do not want that to happen!
Get A Title Loan For Emergencies
Not only can your vehicle make you some extra spending money; your vehicle can also get you out of some pretty unexpected jams. What am I talking about? Well, I am talking about car title loans in Delaware, of course! Title loans are loans you receive when you put up your vehicle’s title as collateral. As long as the title is in your name and free of prior loans, it can qualify as collateral. This loan is designed to be a short-term help to unexpected situations. These situations can be anything from medical bills, late utility bills, late rent or mortgage, or sudden home repairs. There are plenty of benefits to getting title loans.
The Best Parts Of Acquiring Title Loans
- It is simple to apply. Our process is quick and easy for anyone to understand. You don’t even have to come into the store!
- Your credit will not affect your chances of getting approved. So there is no need to worry about a poor credit score.
- You can feast your eyes on the cash quickly! Generally speaking, you can get your hands on the cash the very same day you apply – or at the max the very next day. It’s quite magical if you think about it.
- Our loan terms are flexible. We will sit down with you to come up with a repayment schedule that works for you.
How Can I Get A Title Loan?
As I said, you don’t even have to step foot into one of our many Delaware locations. Just start by filling out our online form right there on the homepage. This form gives us your basic information and lets us know how to best help you. After you submit, you will receive a phone call from one of our loan representatives. During this phone call, you will learn what the next steps are. This is also the time where you give us a location and we will meet you! We do all the leg work so you never have to come to the store!
Of course, you always have the option of coming to a Delaware title loan location if you want. And regardless of what you choose, the rest of the process is the same. We will tell you if you are approved or not within a few minutes of you applying. If you are then we will sit down with you to go over the loan terms and check the mandatory items you have to have. Those items are your ID, vehicle’s title, and the vehicle. We will also do a vehicle inspection to determine how much you qualify for.
If you agree with the terms and everything else checks out, you will sign the application and that’s it! If you come to the store then you will get your money in cash right there. If we come to you then your money will be put into your account the very next bank business day.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.