You probably spend a lot of time in your car, if you are not living in a city or somewhere that has good public transportation options.
In the course of driving to and from work, running errands, visiting friends, and going to the gym, the cost of gas and car maintenance can really add up, especially when you have a lot of driving to do. But what if there was a way you could reduce those costs in some way? Wouldn’t that be great?
You might want to consider adding a unique passive income stream to your portfolio if you are looking for some extra cash.
With These Companies, You Can Get Paid to Advertise On Your Car
It is possible to advertise your car for free if you don’t mind putting stickers or wrappings on it. There are lots of companies that will even pay you to put advertisements on your vehicle.
Nickelytics
It is evident that Nickelytics stands out in a field wrought with scam-looking websites and empty promises, and is stand out in terms of instant trust. If you wish to hear more about the business model and how drivers can benefit from it, you can listen to an interview with the CEO (above) who explains how it works in detail.
What The Program Entails
If you are interested in earning money with Nickelytics, the first step you will need to take is to download the app and sign up to become a driver. Once you have filled out the short questionnaire, you will be asked a few questions about yourself, your driving habits, and your insurance coverage. Then, all you have to do is activate the app while you are driving so that Nickelytics can then match you with advertising campaigns that are relevant to your geographic location.
If you have been matched with a campaign, you will have the option to accept or reject the campaign once it has been matched with you. Depending on the style of the wrap that you decide to use for the campaign, you will either receive a self-installation wrap that you can install yourself or you will have a custom installation performed for you if you decide to move forward.
Pros:
- A reputable name: Trust plays a huge role in this industry. Nickelytics is backed by some of the most prominent venture capital firms and boasts a team with a lot of experience.
- Providing strong advertising results: With a client-focused approach, Nickelytics is likely to grow in popularity (and thus provide more opportunities for drivers).
Cons:
- Driving requirements: You must drive at least 30 miles per day, 150 miles per week, and 450 miles per month for Nickelytics.
- Requires a newer car model: To qualify for Nickelytics, your vehicle must be no older than 10 years old without major damage to its body.
Earnings Expectations
According to Nickelytics, most of their drivers earn between $175 and $250 per campaign, with some drivers earning up to $500 per campaign. In most cases, a campaign lasts from seven days to three months, depending on the nature of the campaign.
Wrapify
Wrapify is a rolling billboard company that partners with advertisers who are interested in rolling billboards. It was founded in 2015. Drivers who are willing to place advertisements on their cars are hired by the company, and they are paid based on the distance they drive.
What The Program Entails
The first step to working with Wrapify is to download the app and sign up to become a driver. Once you have done that, you can drive to the places you normally visit and receive offers from campaigns in those places. As your driving habits are tracked by the app, you will be able to receive offers that are tailored to your driving habits.
If you find a campaign that piques your interest, you can register, get the advertisement placed on your car, and start earning money as soon as you get registered.
The amount you earn will be determined by the number of miles you drive within the campaign zone, which is generally within 50 miles of the advertiser’s location.
Pros:
- With Wrapify, you will receive a direct deposit payment every two weeks. Wrapify is extremely easy to use.
- Generally, most campaigns last between one and three months, so you don’t have to dedicate a lot of time to them for a long period of time.
Cons:
- It is a requirement that you pass a background check and be at least 21 years old to drive for Wrapify, which means that you have not been involved in more than two accidents in the past three years.
- A newer model is required to qualify for Wrapify. In order to qualify for Wrapify, you must have a vehicle that is 2010 or newer without any major body damage.
- There are fees associated with early terminations. If you terminate a contract before the end date and remove the wrapping, you will be charged with early termination fees.
Earnings Expectations
Depending on the mileage driven, Wrapify drivers report earning anywhere from $196 to $452 per month.
Carvertise
The company Carvertise is based in Delaware, and it specializes in advertising. Founded in 2012, it is one of the largest trucking companies in the country, employing thousands of drivers across the country.
What The Program Entails
Applicants can apply to Carvertise by filling out a short application on its website that asks for your name, email address, and phone number. As part of their service, the company will match you with a brand that targets the areas in which you normally drive.
You will be paid directly into your bank account once you are approved to be a driver for the company, and you will be given car wrap advertising to place on your car. There is a monthly payment of $100 by the company to cover the cost of the campaign for the duration. For example, if you were to participate in a three-month campaign, you would be able to earn $300 in total. It is your responsibility to remove the ad after the campaign is over.
Pros:
- Parking may be an opportunity for you to earn more income. If you park at certain locations during a specific period of time, you may be able to increase your earnings.
- If you decide not to participate in a campaign, then you can decline it at any time. This means that you don’t have to commit to a certain number of campaigns and can participate however many times you wish.
Cons:
- The minimum amount of miles you must drive per day is 30 miles. If you don’t drive more than 30 miles per day, Carvertise is not going to hire you as a driver.
- The car must be a 2008 model or newer to meet the requirement.
Earnings Expectations
The pay ranges from about $300 to $1,200 per campaign, depending on the type of campaign.
Exactly What Kind of Advertising Will Be Placed On Your Car
It is important to note that each company has its own strategy for placing advertisements on cars. In contrast to some companies that pay to advertise using simple decal stickers, there are many other companies that opt to wrap their cars in vinyl. Wrapping the ads on the cars gives the impression that they have actually been painted on the cars as if they were painted.
Depending on the size of the ad, the vehicle wrapping may cover all or part of the vehicle. Car wrapping does not remain on your car permanently, so if you decide to stop working for the company, the car advertising company is able to easily remove it from your car when you decide to stop working there. Typically, vinyl wrapping will not cause any damage to the body of your car, so you shouldn’t have to worry about expensive repairs or new paint on your car as a result of vinyl wrapping.
Choosing a Legitimate Car Advertising Company
There is no doubt that car wrap scams are on the rise. Make sure you do your due diligence and vet a company before you decide to work with it in order to ensure that it is legitimate.
- Procedures for applying: There is typically a formal application process for legitimate car advertising companies. These companies evaluate your car’s make, model, and year as well as your driving record. The best course of action might be to follow a different path if a company does not ask these kinds of questions.
- There is no application fee: To work with a car advertising company, you should not be charged an application fee or an annual fee.
- Requirements for insurance: You will be required to provide proof of car insurance coverage if a company is reputable. As long as you do not meet the minimum car insurance requirements in your state, you will not be hired to drive with the company’s ads.
- The company pays for your car wrappings: There may be a car wrap advertising scam if a company asks you to cover the costs of installing or removing car wraps, or claims it will reimburse you. It is likely that a legitimate company will pay for this service.
- Providing excellent customer service: Make sure that the company you choose offers a customer service phone number or email address that you can use if you have any questions or concerns. In the absence of customer service information, you may wish to consider looking elsewhere.
Your Car Can Also Be Used to Make Money in Other Ways
It is also possible to earn passive income from your car in a number of other ways. Using Uber Eats or DoorDash, you can deliver packages for Amazon Flex or restaurant meals directly to your doorstep. You can also rent out your car to a company like Getaround if you are a stay-at-home parent, live in a big city, or work from home in order to make money when your car isn’t being used.
If you would like to maximize your earning potential, consider combining some of these options together. In just a few minutes and with a little effort, you can turn your car into a money-making machine with very little effort on your part.
