Chris KoernerSerial Entrepreneur and Content Creator

How to Earn on DoorDash with a ‘Cars for Rent’ Side Hustle

20 Aug 2024 · 1 min

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0:58

Chris Koerner explains how to rent used cars to DoorDash drivers: buy a Honda Civic for $6-8k, list it on Facebook Marketplace for $400 a week. DoorDash only requires registration, insurance, and a license. One person claims to make $100k yearly this way, but risks include damage, nonpayment, and trackers on the cars.

Questions this video answers

About $100,000 per year (stated as 'like 100 grand a year').

$6,000–$8,000 ("six to eight thousand dollar used Honda Civic").

$400 per week.

Chapters

I've got a buddy that makes like 100 grand a year and is part time renting out crappy cars on DoorDash. Here's exactly what he does and how you can copy him without getting wrecked. So he'll go to Facebook Marketplace and buy a six to eight thousand dollar used Honda Civic. He'll get it tuned up, he'll get it cleaned. He'll get professional pictures taken. He'll turn around. He'll turn around. Listed on Facebook marketplace for 400 a week. Specifically pointed to DoorDash drivers. Why DoorDash? Because DoorDash doesn't care how old your car is, whereas all the other rideshare services do. They just need it to be registered, insured, and for the driver to have a license. So there's a who industry out there for this. Is it easy? Absolutely not. You got to install trackers on your cars. You're gonna have people trash your cars. You're gonna have people not pay you. It is a big headache for him. But he also makes a decent living. This is an industry. I'm not inventing this. Okay. Would I do it? No. Should you? Maybe not. How do you know if it even works in your area? Go to Facebook Marketplace right now. Get a Google image of someone else's Civic, post it as a $400 per week car and see if you get any hits. If you don't, then don't launch it. If you do, then do. Follow me for more business ideas like this.