A MAN who made £50,000 with his savvy car side hustle claims it is so easy he can do it from his couch.
Derek, who lives in Glasgow, bought two new motors with the extra cash from his ingenious method.
MirrorpixDerek made £50,000 with his savvy car side hustle[/caption]
He stumbled across an app called Turo in February 2022 while looking for a hire car for a family holiday in Florida.
The handy app is a car hire and sharing marketplace and Derek quickly realised he could make money by renting out his car to people.
Having just purchased a new car. Derek decided to list it on Turo and received a booking within 24 hours.
And the former finance advisor is now sitting comfortably with the extra cash in his pocket.
Derek claims he earns an average of £4,000 a month through Turo, going up to £8,000 during peak tourist times.
And he has made so much money that he has paid off the Florida holiday, booked another trip and shelled out on two new cars.
He told the Mirror: “I stumbled across it while booking a trip to Florida.
“I was just curious to see how it worked so decided to put my car on the platform to see what happened.
“I would absolutely recommend for people who are either looking to make a small income from a car that they don’t use often, or for those that are interested in making a significant side income and willing to invest in an additional car or two.”
He is now full time on Turo and is looking to eventually have 12 cars in his portfolio.
The price of each trip is mostly decided by the individual who owns the car, Derek added.
He continued: “What my customers tell me is that they feel they are getting a better standard of car for the same as what they would pay for a small budget category car from a rental company.
“They also enjoy the personalised service and knowing who they are renting from through past reviews and knowing the exact car they are getting.”
It comes after a dad revealed how he has made £1,600 without having to leave his house.
Tim Kay, 35, first rented out his car for cash back in 2020 as a way to help pay his bills.
Now, two and a half years later, he uses the Karshare app to bring in some extra cash alongside his full time job.
He has made £1,600, bringing in around £400 a year in extra income.
Meanwhile, Salman Rafiq bought a new but barely uses it himself – instead he makes hundreds of pounds a month renting it out to strangers.