One of the biggest keys to early retirement and financial independence is creating passive income streams. What can be more passive than getting paid for driving places that you had already planned on going? You might have heard of the ability to advertise on your car and get paid, but most of us wonder if it is actually a viable possibility. Car advertising is growing in the US, but there are a few things that you should know before you decide to deck your vehicle out with stickers.

How do you advertise with your car?

Of course, you could try to DIY it and go find advertisers who are willing to pay you, but the far more effective method is to find car advertising companies that will manage it for you. They do the work of securing advertisers, getting your car wrapped, and paying you monthly for driving around. The equation is pretty simple. Advertisers want to get as many impressions for their brand as possible. If you are someone who is already driving your car in traffic where a lot of people will see it, those are impressions that advertisers want to capitalize on. By wrapping your vehicle and advertising on your car, you get a little cash and basically become a moving billboard for companies that want exposure.

car advertising

Photo: Flickr: trailersoftheeastcoast

How much does car advertising pay?

On average, you can expect to earn at least $100 and as high as $500 or $600 when you advertise on your car. Each of the car advertising companies pay slightly differently, with some paying a flat monthly fee and others paying you by the mile. If you are interested in getting started, you can probably assume at least a couple hundred bucks a month is a reasonable expectation.

Is car advertising legit?

This can be a tough question. If you qualify and are able to offer car advertisers enough impressions and exposure, then it is definitely legit. The tough part for many people will be qualifying and getting signed up. For people in rural areas or small cities, there are far fewer options than if you live in a densely populated area and have a longer commute.

advertise with your car

Photo: Flickr: Big City Signs

How do you advertise with your car?

First, you will want to find a car advertising company that you can contract with. I would recommend contacting a few of them to understand their rates, qualification criteria, etc. With a service like Wrapify, you will first need to download the app and drive with it for a while. Based on what they see from your driving behavior, they will match you with advertisers. You will then get your car wrapped and start getting paid for your mileage.

Car advertising companies

Signing up with most car advertising companies is pretty simple. The following car advertising companies would be good ones to reach out to in order to get started. From what I’ve seen, Wrapify and Carvertise are the most legit, but I would check out the others as well.

There you have it. If you advertise on your car and make money, send me an email or leave a message in the comments to tell me about your experience. If you decide this isn’t quite right for you, check out other ways to make money with your car.