6 Ways to Make Money with Your Vehicle in Singapore

(Photo Credit: Wikimedia Commons)

Here are six great ways to make some extra pocket money with your car. Examples include driving for Grab, advertising with Adogo, and delivering food for Foodpanda.

Owning a car in Singapore, for the most part, is a luxurious liability. It stacks cost after cost, and at the end of 10 years you say goodbye, a little heartbroken but slightly relieved. It's a little Shakespearean, and the best thing you can do is to treasure the times and make the best out of this love-hate relationship. The best, of course, is making some extra money.

Instead of working for your car, here's how you can make your car work for you!

1. Advertise with Adogo

(Photo Credit: Adogo)

Want to earn up to $300 a month for doing absolutely nothing except have ads on your car? Meet Adogo! Renting out your car's rear bumper space can fetch $50 a month, while having space on your bumper and side doors can earn you $150 a month!

All you need to do is answer a few questions on a survey, match up with an advertiser, and park somewhere that's convenient to put up the ads. You don't even need to be present while they put it up!

Once the ads go up, simply drive around like your normally would. Yes, it is that simple!

Start advertising with Adogo here!

2. Drive for Grab

(Photo Credit: Wikipedia)

Well, if you've got some spare time on your hands and a car you're sitting on, this is a pretty good way to earn some cash! In fact, many drivers look at it as a way to earn back some petrol money. It's like driving a cab, but with your own car, or a car you're loaning. The hours you work are totally up to you, however, unlike cabs, you can't simply pick up passengers on the streets. Some Grab drivers even claim to earn up to S$7,000 a month.

The process is a little lengthy, but the returns make it worth it! Before you start driving, you would first need to apply for a Private Hire Car Driver’s Vocational Licence (PDVL). Otherwise, you might face stiff consequences for driving without one.

3. Carpool with Ryde or GrabHitch

(Photo Credit: Ryde)

If that kind of dedication isn't your thing, and you want to make some extra money while on the move, then maybe carpooling is more suitable. This allows you to find people nearby who want to travel to somewhere near your destination! You pick them up, drop them off and get paid! It's as simple as that.

This way, you save costs on your fuel, meet new people and earn money all at the same time! For passengers, a trip could be 25% cheaper than a typical Grab ride.

If you're interested, check out GrabHitch and Ryde!

4. Deliver with Gogovan and Lalamove

(Photo Credit: The Neo Dimension)

If you've got a van just idling around, put it to good use! Gogovan and Lalamove work something like Grab, except it connects you to people that need things delivered. You can choose your type of job, which ranges from delivering small goods, to transporting large and bulky items, to moving jobs! They pay pretty well too.

Check Gogovan out here, and Lalamove here!

5. Deliver Food with Foodpanda

(Photo Credit: Foodpanda)

For those riding a scooter or bicycle, you might want to give Foodpanda a shot. They offer full shifts from 11am to 10pm, Lunch shifts from 11am to 3pm and dinners shift from 5/6pm to 9/10pm! The pay itself is pretty attractive too! Check it out here!

6. Rent out your car with iCarsClub

(Photo Credit: Business Times)

With iCarsClub, you don't have to be driving your car to make money. Instead, you simply rent out your car by the hour, to whoever you want. After all, your car is just parked when you're overseas, at work, or sleeping, so why not rent it out to people and make money?

According to iCarsClub, car owners could earn up to S$1,000 by renting out their vehicles. Drivers will be pre-screened and your car will even be protected by insurance to give you a peace of mind.

To learn more about this service, click here.

Read more: 8 Fuel Efficiency Tips To Help You Save More Money

Download the new Motorist app now. Designed by drivers for drivers, this all-in-one app lets you receive the latest traffic updates, gives you access to live traffic cameras, and helps you manage LTA and vehicle matters. Download it now and stand a chance to win $1,000 worth of petrol vouchers monthly.