Are you looking to become self-employed in Nigeria? If you have a car, then that’s basically a gold mine. So if you want to know the various ways you can make money with your car in Nigeria, you should stick around.
The truth is that having a car in Nigeria can be an asset if you know how to put it to good use.
That’s where we can help.
We’re going to take a sneak peek into the various ways you can do this and even more.
Are you ready?
Best ways to make money with your car in Nigeria
Here are the top 7 ways you can make money with your car today regardless of where you stay or live.
1. Driving Lessons
Your car is after all still your car. This means that you can make money in Nigeria by holding driving lessons.
Nigeria has a very young population. This means that the number of people reaching adulthood with each passing year is on the rise.
This also means that more and more people are going to want to learn how to drive.
If you have enough training, you can teach them. This can turn into a valuable way of making money with your car in Nigeria.
Most driving schools will charge #30,000 to #100,000 to learn. So why not beat the competition at a more affordable price?
2. Ride-Share services
If you are looking for a way to make money with your car in Nigeria, ride-share services are one of your best options.
Fortunately for us, there are many options now in Nigeria. From Uber to Taxify, you can choose to work for the one you prefer or just work for both.
Believe me, people are earning around #40,000 each week using share-ride services. This is one of the effective ways to make money with your car in Nigeria. So grab it if you can.
Here’s an extra tip- this can also be your side hustle. If you have a job and a spare car, you can easily find someone to use your car for ride-share services.
However, try to make sure it’s someone you trust. Stories that touch can be very painful indeed.
3. Food Delivery Services can be a great way to make money with your car in Nigeria
Nigerians are increasingly warming up to buying things from the online market. That has opened up another way to make money.
Making deliveries. This is where your car comes into play.
You can take orders and make deliveries to people for a fee. From groceries to furniture, the choice is all yours.
Here’s a small tip- try and cold pitch the bigger superstores like Shoprite and Spar to see if they have delivery services.
You could also check out the big restaurant and fast foods such as Coldstone and Dominos. Having a car is priceless.
4. Drive Children to school
If there’s something that is pretty much needed, it’s taking children to school. Parents face a continuous struggle as they have to combine work with school runs.
So why not put them out of their misery by offering to take their children to school and pick them up afterward? You can charge a fee for this. It’s a great way to make money with your car in Nigeria today.
Better yet, if you have a big car, you can take as many as 6 children in one go. Now, let’s say you charge #20,000 per kid, that’s about #120,000 in a month!
That’s a good start if you ask me!
Looking for a way to start?
Here’s a good tip- you can ask people around your neighborhood if they need help. It’s better to start closer to home as people in this area will trust you more.
With time, you can even expand your business by buying a bus. The options for making money with your car are limitless!
This is one option that most people actually never consider. Did you know that many brands are actively looking for people who can wrap adverts on their car?
Here is how it works- you drive around town for longer periods. The longer you can drive, the more you promote their businesses.
Some businesses or brands will prefer they pay you a fixed fee or some commission for your troubles. Either way, you stand a big chance of making money in Nigeria.
6. Rent your car
People are always on the move. This means that more and more people will need cars as they travel about. So why not put your car up for rent?
You can decide to have running fees that’ll last for as long as they have your car. I’ll suggest that you charge per the number of days that they got your car to themselves.
You can also put certain conditions like having your car returned fully refueled. To make sure that theft is not an issue, you should make sure a tracking device is integrated into your car.
I’ll recommend going for tracking devices that stop your car’s movements. That should do the trick.
Also, make sure that you got your insurance papers in the event of an accident. When it comes to renting your car, you have to be very cautious about the risks involved.
That way, making money with your car becomes so much easier.
7. Open your own taxi business to make money with your car in Nigeria
The last option here would be to start your own taxi business. You can start with just one car and slowly expand.
In my opinion, opening a taxi business and taking part in ride-share services is one of the easiest ways to make money with your car in Nigeria.
Making passive or a full-time income with your car is very possible in Nigeria. So if you are ready to get your hustle up and going, this might be a good place to start. Make money with your car in Nigeria now!
Do you have any other way you think you can make money with your car in Nigeria? Do leave us a comment. Also, subscribe to our newsletter to keeping getting updates about posts such as this one.