Can I Make Money Renting My Car
DriveMyCar helps you earn money from your car when you're not using it. Make easy money with flexible booking options, anything from two days up to an entire year! Many Australians pay rego and maintenance fees for cars they leave in the garage half the time, especially families with second cars. Don't leave them to collect dust, rent out your cars and make some extra cash today!
How much can I make if I rent my car out?
Our Owners make between $350 and $1,750 per month. This is based on a minimum seven-day rental. However, you could earn up to 20% more per day if you rent out your car for a minimum of two days at a time.
Earn $2,500 over 12 months. Guaranteed
For a limited time, if you list your car and meet a few basic criteria you will earn at least $2,500 over 12 months. Guaranteed.
If you:
- Have a car less than 6 years old
- Live within 15km of of the Sydney CBD or 10km of Melbourne CBD
You could already be eligible for our $2,500 earning guarantee.
How can I rent my car to someone?
You can start earning money in four simple steps
3
The renter picks up and
returns your vehicle to you
Let us do all the hard work
Use the Manage My Car service and let our expert team handle all of your bookings, handovers, and rentals.
- Your vehicle will be carefully stored in our secure car parking facility when it's not on rental and we will work tirelessly to match it with suitable renters.
- We conduct all handover inspections on your behalf
- We manage all servicing and maintenance for your vehicle
- Perfect if you are travelling for an extended period or are not available to handover your car to renters
- Available in Sydney, Melbourne and Brisbane - within close proximity to airports.
Is my insurance covered if I rent my car out?
We manage insurance for you while your car is being rented, providing coverage for accident and theft. It is your responsibility, however, to ensure that your car is covered by the appropriate Compulsory Third Party insurance.
Is it safe to hire my ride?
DriveMyCar makes peer-to-peer car rental possible by adding 'trust'. We screen people, perform ID and credit checks, and collect a bond from all renters before they can access your car. We can also arrange for a GPS tracker and immobiliser to be fitted to your car for extra peace of mind.
"It's a great way to make money off an asset that you have. The people who rent the cars are really grateful and everyone so far has been great. Or if you're thinking of buying a car and want to try it out first, just see DMCR and rent that model out for a month."
Lisa Robinson
Paddington, NSW
"I rent out 5 vehicles through DriveMyCar. They do a fantastic job of matching long term renters to my cars to minimise unused time. It's a great way to generate a return for very little effort."
Juan Ruiz Coello
Rosebery, NSW
"I want to say it has been a pleasure to deal with DriveMyCar over the last few years as you leased my car out to good drivers."
"I had a spare car available so I listed it on the DriverMyCar Website. It's been rented out for 6 months now and is earning me $850 a month."
"DriveMyCar did a great job of matching my 2 Porsches with quality drivers. My Cayenne just came back from a 2-3 month rental and my 911 has been rented by a number of good drivers. I feel very confident that my cars are being looked after and will definitely keep listing them with DMCR."
Want to rent your car but have a few more questions?
Can I Make Money Renting My Car
Source: https://www.drivemycar.com.au/owners
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