5 Ways to Make Money in the Motor Industry

If you’re a petrolhead that is currently looking to unearth your next big money-making scheme, then you should pay close attention to the following information. Below you can find 5ways to make some real money in the motor industry.

Own a franchise

If you love a particular car manufacturer or brand, then why not own a slice of it? For a £12,000 investment, you can own a franchise of one of the UK’s leading car brands.

Buy and sell cars

Want to be a bit more hands-on with your money-making schemes without having specific mechanic qualifications? If so, then you should definitely consider getting into the business of buying and selling cars. To be able to do this, and do it well, you’re going to need extensive knowledge about the type of car that you wish to deal in. You’re also going to need to take out motor trade insurance, too, to ensure that you are covered when it comes to liability cases and road risk should you take your clients out on test drives.

Write about vehicles

You don’t necessarily even have to see a car in the flesh to be able to make money out of it. You can quite easily be sat behind a laptop screen all day writing about vehicles and still forge for yourself a healthy income.

There’s a lot of money to be made in vehicle journalism. You could write about anything from your experiences as a driver to particularly good road trips to the best car gadgets. You could even start your own car blog — check out the best car blogs if you struggle to find inspiration in this instance.

Become a driving instructor

If you’d relish having the open roads as your office, and if you think you have the patience to teach up-and-coming drivers, then you should become a driving instructor. You could work for a company that is already established in the teaching industry, or you could go it alone and set up your own. Before you take this particular venture, however, you’re going to need to see if you’re eligible to start your instructor training. You can find information on the eligibility test here.

Look for other driving work

Instructing is, of course, not the only form of driving work out there. There’s plenty of opportunities out there for you to be able to make a living out of hitting the open roads day in, day out — there are always odd driving jobs to be found on Gumtree, or you could use job boards such as Indeed to find more long-term positions.

Depending on your particular skills and passions, some of the above money-making schemes will stick out to you more than others. If you’ve got the gift of the gab, you could flourish as a car salesperson. Or, if you’d prefer to be out on the roads throughout your working day, then a job as a driver could be your calling. No matter what road you take, however, you’ll be sure to make some money.

Reply