Setting up a $1300 car for Uber Carshare

For about 10 years we've had a service here in Australia called Car Next Door, a car sharing platform allowing vehicle owners to rent out their cars and generate some side income. At the time of this video, they had just been bought and rebranded by Uber, becoming Uber Carshare.

After a good experience with Car Next Door just before rebranding, I decided I wanted to set up my own dedicated rental car available full time, to see how much money I can make. In this video, I give the car all the prep it needs to get on the road hopefully earning me money. It ended up needing a little more work than I had expected, but I think the mechanical refresh it had will definitely pay off in the long run.

Income Updates (NET PROFIT):
NOV 2022: -$65 (Car listed on 21st), 1 booking
DEC 2022: $125, 9 bookings
JAN 2023: $401, 9 bookings
FEB 2023: $128, 1 booking (month-long booking during this time which paid out in March)
MAR 2023: $809, 2 bookings
APR 2023: $543, 3 bookings
MAY 2023: $360, 2 bookings

JUNE 2023 UPDATE: I decided to remove the car from the platform - it ultimately wasn't worth the time required for me. I sold it to a friend who also used it for Uber Carshare in a different part of town and he had more success.

SEPTEMBER 2024: Uber Carshare shut down due to lack of profitability 😕

[OEMStez]

I’m posting monthly earnings updates in the video description for anyone interested 📈

[seamusobrien]

So you can do better with a more appealing car.

I specialise in one owner, low k older 'interesting/unusual" cars. My first car, a 2014 Renault Captur, top of the line with everything in great condition and constantly kept detailed (by me) has earned in six months to 30/06/23 67 bookings, driven 12, 280 k's and from Uber $7, 714.

I am now developing a mini fleet of 5. Slowly as demand grows, because demand is still very thin and patchy.

I think the secret is to have something a bit special, in the right location, with a lock box and keep it super clean and cared for. A couple of scratches or dings does not matter, as long as it looks great and is easy to drive.

Maybe think about getting into a better sort of car? My measurement is, one I would love to drive for a day, but maybe not own forever. Old Mercs, Volvo, Renault, Citroen, Mini, exotic stuff that makes the driver feel a certain way, not just transport.

[dreamdrifter]

Nice one mate. Subbed, keen to see how this goes

[sheesh]

I've seen that car on the website when I was looking earlier, pure coincidence finding this video

[Asad.Mackie]

I'm thinking of renting out my campervan would uber allow this?

[johnshopov]

Very misleading tags… not haooy jack!!

[theockle]

I'm being threatened with huge fines from my council in Queensland for using Uber Carshare so watch out...

[juanlawrie]

Not sure if putting a stopper under the accelerator is legal

[johnshopov]

Not interested on the car detailing.. more info on the earnings buddy!1

[tehtron]

Has been successful on car next door or Uber share?

[quilbyy]

Hey there mate! any updates on January earnings?