If you commute to work using public transport there's a good chance that your car spends most of the week sat outside your home. But why not make your car earn money at the same time as you are. Whip.Car.com enables you to rent out your car for around £30 a day to someone in your local area.
How it works
- Once you list your car anyone who hires it pays the agreed daily or hourly charge (which you set) plus a £3 booking fee to WhipCar.
- There's comprehensive insurance covering the rental period which is also payable by the renter and typically costs £5-£6 a day. The comprehensive cover means that even if the renter writes the car off it doesn't affect the owner's insurance policy.
- The renter is liable for any excess in the event of an accident of up to £500.
- The renter pays for the petrol.
- WhipCar takes 15% plus VAT on all rentals.
At the end of the rental both parties give each other feedback in an eBay-style format. Obviously there are restrictions and certain caveats that must be met by the renters and car owners but assuming these are met then there's money to be made from your idle car. And from a renter's perspective they can save up to 30-50% off the equivalent charge from a standard car hire company.
£200 Pension Cashback Offer
Make a qualifying deposit or transfer a pension to our partner Interactive Investor.
- Deposit or transfer a pension of at least £20k and you could earn £200 cashback
- Terms and Fees apply, Capital at risk
- New & Existing customers opening a SIPP
- Offer ends 30th June 2026
Before starting your transfer, check you won't lose any valuable benefits (such as guaranteed annuity rates or a lower protected pension age) and find out what exit fees you might have to pay
