Azeem Muhammed is a scholar who turned to carsharing firm Turo whereas in search of a time-effective approach to make extra earnings.

With his three vehicles he's now incomes as a lot as £600 every week. He made £3,000 in May and is hoping to make between £10,000-15,000 this yr.

Turo is a automotive sharing market that offers individuals the chance to earn cash by way of their automotive.

Azeem joined Turo in April 2022, whereas finding out within the third yr of his diploma.

As a scholar, Azeem had been in search of methods to become profitable alongside his research. He was working as a meals supply driver, when he found he may lease out his automotive on Turo and earn more money with out having to depart his research or his day job.

Azeem stated: “Living on a student budget, especially during the cost of living crisis, isn’t easy.

“I’ve always been entrepreneurial, so when I found out about Turo it seemed like the perfect opportunity to earn additional cash alongside my university studies.

“I spent months researching the platform, understanding how it would work and what guests are looking for.

“Since joining, my profile has gone from strength to strength. I’ve been able to add cars and I’m hoping to make it my full-time venture soon. It’s a great, easy way of earning extra money.”

His automotive sharing profile thrived in the summertime of 2022, main him to buy two extra vehicles to checklist on Turo. In whole he has two Smart Cars and a Toyota Aygo.

He has plans to increase his platform by including 10 vehicles by the tip of summer time 2023.

Azeem now sees Turo as his primary enterprise for the long run as he could make hundreds every month. His vehicles are priced between £30 - £80 a day.

Azeem hopes to make use of the cash that he generates by way of the platform to reinvest in his Turo enterprise and buy extra vehicles.

Alongside this, he's hoping to place the cash in direction of buying his first residence.

Azeem is finding out enterprise and advertising and marketing and defined that the work on his diploma gave him a superb foundational information for beginning his Turo enterprise.

Xavier Collins, UK Vice President at Turo, stated: “For many of us, our cars are one of the biggest investments we make, but after we purchase them, they spend most of their time unused.

Peer-to-peer car sharing is a way to earn back some of that investment, generate additional income or start your own business.

“Since launching in the UK, thousands of drivers have shared their cars on our platform, with the average host earning £423 a month per car."

Azeem offered advice for other entrepreneurs who want to join Turo.

He said: “Getting customer feedback has been key to my success, helping prospective guests see that me and my cars are reliable.

“I advise including high-quality pictures of your cars and sharing as many as 20 on your profile.

“Lastly, be sure to do your research. Find out what other cars are in the area and how they are priced, to make sure you are competitive.”