Making money renting your car out using easy rent a car

Discussion in 'Passive Income' started by Shobir, Apr 15, 2014.

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  1. Shobir

    Shobir Administrator Staff Member

    Admin Post
    For those people who own a car in the UK which is registered less than 10 years you can earn passive income by renting the car out through Easy Rent a Car. The company insures the car full and you can rent it out for hours, days, or even month.

    After speaking to some of the administrators I've found that the best cars to generate money are as follows

    Vauxhall Astra
    Skoda Fabia
    Ford Mondeo

    You can check the full details on the link below

    Rent You Car To Generate Passive Income

  2. Sadia

    Sadia Administrator

    Great find Shobir, I will definitely be checking it out.
    How do you know these cars will do well?
  3. Shobir

    Shobir Administrator Staff Member

    Admin Post
    I spoke to one of the administrator who explained these cars are in demand. Also forgot to mention that Volkswagon Golfs perform well. If you can rent these cars out for 15 days per month you could generate £500+.
    Well worth it in my opinion.

    Has anyone else experienced this?
  4. Diego

    Diego Newbie

    There's a couple of these services in the states too.

    This one is mostly for SUV's: your car out:lqac2::g:c

    This one is more like the UK versions @Shobir mentioned:

    BUT, be careful here and see if the numbers all make sense. Even if it is fully insured, you still need to factor in the additional wear and tear on your car which = more oil changes, maintenance, etc. Here's a quick review I found: Still, if you have a newer vehicle and you don't use it every day, could be worth a try. It is truly passive income (up to $10k a year).
  5. larrie snead

    larrie snead Newbie

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