Used Car Dealers in Illinois Can now rent cars for additional income
The rideshare movement is extremely popular with both Uber and Lyft and delivery services. In the new gig economy, there is still a high demand for cars for rideshare drivers. Used car dealers are now taking advantage of this opportunity!!
By: Pinnico Cars
Chicago is a the top cities for rideshare drivers. Very few companies that offer rideshare rentals. Most services require large down payments, but few offer short-term rentals for ride share drivers.
Used car lots with extra vehicles are a good source of inventory for vehicles. With lot space being at a premium, used car lot owners can add an additional source of income with these rentals.
Cars can bring in as much as $1000 a month or more! With thousands of drivers looking for vehicles to rent to drive for rideshare or delivery services, the demand for vehicles is extremely high. Pinnico Rental Cars (https://www.pinnicocars.com/
Rental vehicles must be 2005 or newer and have at least 4 doors. Newer cars tend to rent better, but there is demand for all types of vehicles. All drivers are verified and insured.
Probably the biggest upside to renting your car out is the tax deduction. The IRS grants around $0.55 per mile (depending on the year) as a deduction. So, every two miles your renters drive will earn you more than $1 in tax deductions. This can quickly add up!
If you are looking for a way to make at least $1000 a month or more each month without taking a lot of time or energy, Pinnico Cars is a great option as they also offer incentives to the owners and renters.Pinnico Rental Cars (https://pinnicocars.com/