Did you know that on average, most car owners only use their car for 2 hours a day? In the scheme of things, that’s a mere 5% of 24 hours. While millions of cars sit idle in parking garages and driveways around the world, the costs to maintain them only increase over time. Instead of succumbing to this statistic, why not earn extra money by sharing your car? As the largest peer-to-peer car sharing service in Malaysia, Moovby empowers trusted local car hosts with a platform to share their cars within a supportive community. The results speak for themselves.
Cover the costs of owning your car
Sharing your vehicle when you don’t need it can help you offset the expenses of owning it; making up for the costs of petrol, loan payment, insurance, road tax, maintenance and repair. Since these weekly, monthly and yearly commitments add up quickly, a consistent stream of income allows you to make your investment worth it sooner than expected. Our Moovby host, Dayana, who works at an oil and gas company, was nervous to start car sharing her Myvi at first, but she hasn’t looked back since earning an easy RM1,000 monthly passive income with minimal time commitment. Now, she has the flexibility of using her earnings from our community of verified guests to pay off her monthly car loan payment while keeping the rest as savings.
Get in the driver’s seat of a lucrative side hustle
Car sharing can be a casual way to earn extra cash, but it can also lead to a world of opportunities when done frequently and diligently enough, and with the right strategies based on your target market. Moovby host, Taufik, started by listing his Honda Civic on the app in 2019. The passive income he earned from that over time allowed him to kickstart an even more lucrative car sharing venture. In the three years since he embarked on his journey with us, Taufik has been able to buy three more cars - a Honda City, Proton Saga and Perodua Bezza - and now lists all four of them for bookings on the app. In 2021 alone, he earned more than RM20,000 simply by allowing the active and friendly Moovby community access to his automobiles.
Car sharing allows for the best of both worlds. Enjoy the benefits of owning a car and the convenience of using it whenever you wish, while making it pay off for you when you’re too busy to take the wheel.
Download the app and join our community of satisfied hosts today.
Just like airbnb-ing your home, turn your personal car into income by renting it out
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Your go-to app for car sharing in Malaysia. Book the perfect car from our trusted Moovby hosts
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