For many people, renting your car out is about offsetting your car's costs while still being able to drive it when you want to. But if making a profit is your driving motivation, choose:
- a van or ute with plenty of cargo space
- within 5 kilometres of the city
- in good condition
Top earning vehicle types
Vehicles that earn the most, in order of performance:
- Van
- Ute
- People Mover
- SUV
- Hatchback
- Medium Sedan
We have not seen any trends towards particular makes or models.
Top earning locations
- 5km radius of the city in Brisbane, Sydney, Melbourne
- Inner North (MEL), East & Inner West (SYD)
Additionally, Manly & Chatswood (SYD) and St Kilda (MEL) all perform very well
Other factors
Several other factors may influence number of bookings and general profitability:
- Exterior Condition
- Interior Condition
- Age
- Mechanical reliability
- Capacity
- Features including Bluetooth connectivity and GPS navigation
Common questions
Do different locations demand different vehicle types?
Not that we have noticed.
Should I buy a van or a sedan if I'm out to make a decent profit?
Buy a van.
If there are other vehicles in my chosen location, does that have a positive or negative impact for me?
More vehicles make for a more active network and attract more borrowers, for a positive impact overall.
Related articles
Is my vehicle eligible to join Car Next Door?
How does the income guarantee work?
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