A PENSIONER has revealed how he makes £600 a month with a side hustle – without lifting a finger.
Edward, from London, is one of the many who are using car sharing platforms to allow them to make money from renting their vehicle.
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It’s been described as like ‘Airbnb for cars’ and keyless technology means that people don’t even need to meet person who will driver their car.
With millions of people struggling in the cost of living crisis, many are looking for easy ways to make extra money and so are turning to car sharing.
There are few apps out there but Edward is using Karshare.
“I’ve found it more productive than I expected with regards to earnings and am currently earning over £600 per month,” he told the Express.
“It’s been easier than expected due to the keyless technology – I don’t have to do anything; the keyless tech operated through the app is safe and secure.
“I don’t have to be around to meet renters in order to share the car, they gain access via the app.”
Another pensioner who’s doing the same side hustle is John Peate, who earns £5,000 per year.
He lives in Coventry with his wife but spends a lot of time abroad visiting his now grown-up children.
“Our car is sitting outside our house not being used at all when we’re away, and isn’t used much even when we’re here,” he said.
“We have family over in South Africa and they have a similar company over there which allows people to share their cars.”
According to Andy Hibbert, the boss of car-sharing platform Karshare, said the idea has really taken off over the last 12 months.
“They’re either not commuting to the office as much, or thinking about whether they need two cars in their household.
“Making money from an unused car which is sitting outside doing nothing seems like a viable, sensible option for many.”
We recently reported how driver Salman Rafiq has made £5,300 hiring out his car to stranger by using Karshare.
There are other ways you can make money from your motor too – such as Tarek Fergani who makes more than £100 a month renting out his parking space.
Elsewhere, we spoke to one student who makes £100 a month from his side hustle designing trainers.
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