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Credit: Flamingo Images (right) – Shutterstock
As a student, managing finances can be a significant challenge. However, with the rise of carsharing and car rental services like Hiyacar.co.uk, there are excellent opportunities to either make money or save money.
In this blog post, we’ll explore some top tips specifically tailored to students, helping them maximise their financial benefits while utilising Hiyacar’s convenient platform.
Who are Hiyacar and what do they do?
Hiyacar is the UK’s longest-trading peer-to-peer car-sharing platform, operating with over 100,000 members throughout the country. The smart service allows car owners to make money by renting their cars to a vetted community of drivers and cars, readily available to those looking to rent one in their neighbourhood.
Earn money by renting out your car
If you own a car, why not turn it into a source of income? By listing your car on hiyacar.co.uk, you can rent it out when you don’t need it, helping you earn extra money to support your student life. Here’s how to make the most of this opportunity:
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List your car
It is easy and simple to list your car with Hiyacar, and the best part is that you could be earning up to £650 per month. You’ll have access to a range of benefits including AA Breakdown Cover and discounted services at KwikFit. List your car here.
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Highlight your car’s features
Emphasise the benefits of your vehicle, such as fuel efficiency, spaciousness, or additional amenities. Hiyacar allows you to include many features when listing your car, so make the most of this opportunity.
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Maintain good communication
Respond promptly to inquiries and provide detailed information about your car to build trust with potential renters.
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Opt in for Quickstart
Hiyacar offers a feature called QuickStart® technology, which uses secure virtual keys in the app to unlock cars via a box under the dash. Virtual keys are stored in the app and deleted after each hire.
Save money by hiring a car
If you don’t have a car at university, but you need one to do those everyday essential tasks such as grocery shopping, picking up Ikea furniture or even heading back home for the weekend, then Hiyacar is the perfect solution for you.
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Split rental costs with friends
One way to save money when renting a car for a trip is by splitting the rental costs with friends or coursemates. Perhaps they also need to do a food shop and would like to share the cost of the car for this trip.
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Coordinate schedules
Plan trips together, so you can share a rental car for common destinations.
Sharing the cost of a car can be more affordable than other forms of transportation and provides the luxury of bringing more of your belongings and not having to wait for trains and buses. Make sure to divide the rental fees, fuel costs, and any additional expenses among all the passengers.
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Utilise Hiyacar’s multi-driver feature
If multiple people in your group are eligible drivers, take advantage of the multi-driver option to ensure everyone can share the driving responsibilities.
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Opt for fuel-efficient cars
Choosing a fuel-efficient car can significantly reduce your transportation expenses. Compact or hybrid cars tend to have better fuel economy so these could be good options. Before finalising your rental, review the car’s miles per gallon (MPG) rating to estimate fuel costs accurately.
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Plan efficient routes and share expenses
Proper trip-planning and expense-sharing can make a significant difference to your budget. Plan your trips to minimise unnecessary detours and reduce fuel consumption. Coordinate with coursemates who live near you or share common destinations, and then split fuel costs among you.
As a student, making the most of carsharing and car rental services like Hiyacar can help you either earn money or save money.
By following the tips above, such as renting out your own car, splitting rental costs with friends, choosing fuel-efficient vehicles, utilising student discounts, and planning efficient routes, you can make the most of your student life while keeping your finances in check.
And booking with Hiyacar couldn’t be easier or quicker:
- You’ll just need to sign up (it’s free) and complete a profile with some information to get verified (have your driver’s licence handy).
- Once verified, head to the ‘Hire a car’ page on desktop or perform a search on the Hiyacar app, enter the location you’d like to rent the car from, select the ‘type’ filter and filter the search.
- Make a booking request once you’ve found the vehicle which suits your needs, select it, review the associated costs, and proceed to checkout to make your payment! If the vehicle listing doesn’t have Instant Book enabled, you’ll have to wait to hear from the vehicle’s owner to give you confirmation. If you’ve booked an Instant Book vehicle, you’ll receive ‘instant’ confirmation.
- Pick up your dream vehicle from a neighbour in your area! With the booking confirmed, simply meet the owner at the address, or head to the address if the vehicle is fitted with Hiyacar’s keyless access QuickStart technology. Once you’ve confirmed the vehicle’s condition, mileage and fuel, you’ll be ready to drive away!
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