How I Turned My Car Into a £2,500 Cash Cow (And Why You Should Too)

The fastest depreciating thing you own doesn’t have to be a financial sinkhole.

Photo by Claudio Schwarz on Unsplash

From Money Pit to Money Printer

Let’s face it: cars are the dumbest financial decision most of us make. You drop tens of thousands on a shiny toy that starts losing value the second you drive it off the lot. Insurance, maintenance, fuel, depreciation — it’s a wallet-draining love affair.

But what if that liability could start paying you back? That’s exactly what I did. In just four months, I made £2,500 by renting out my car on Turo. My sleek red Tesla Model 3 AWD — the car that was supposed to bleed my bank account dry — is now the breadwinner of the household.

The Setup: A Baby, A Move, A Side Hustle

I didn’t do this in some blissful, stress-free utopia. This all went down during our first pregnancy and a house move. Chaos? Yes. But also the perfect breeding ground for ruthlessness, efficiency, and opportunism — qualities that make a side hustle thrive.

Turo is deceptively simple. You list your car, set the daily rate, and let someone else handle the driving while you rake in cash. Add some extra purchasables — like child…