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For about 10 years we've had a service here in Australia called Car Next Door, a car sharing platform allowing vehicle owners to rent out their cars and generate some side income. At the time of this video, they had just been bought and rebranded by Uber, becoming Uber Carshare.
After a good experience with Car Next Door just before rebranding, I decided I wanted to set up my own dedicated rental car available full time, to see how much money I can make. In this video, I give the car all the prep it needs to get on the road hopefully earning me money. It ended up needing a little more work than I had expected, but I think the mechanical refresh it had will definitely pay off in the long run.
Income Updates (NET PROFIT):
NOV 2022: -$65 (Car listed on 21st), 1 booking
DEC 2022: $125, 9 bookings
JAN 2023: $401, 9 bookings
FEB 2023: $128, 1 booking (month-long booking during this time which paid out in March)
MAR 2023: $809, 2 bookings
APR 2023: $543, 3 bookings
MAY 2023: $360, 2 bookings
Update: in June 2023 I decided to remove the car from the platform - it ultimately wasn't worth the time required