Transform your idle vehicle into a money-making asset with Arkela.ph’s peer-to-peer car sharing platform. Learn how Filipino car owners are earning up to ₱30,000 monthly with minimal effort.
When Ryan Mendoza purchased his Toyota Vios in 2021, he didn’t expect it would help fund his graduate studies. “Napansin ko na 5 days a week, nakapark lang yung sasakyan ko habang nasa office ako,” Ryan explains. “Ngayon, kumikita siya para sa akin through Arkela.ph habang hindi ko ginagamit.”
Ryan represents a growing number of savvy Filipino car owners who have discovered the income potential of their vehicles through peer-to-peer car sharing. With car ownership costs in the Philippines averaging ₱15,000-₱25,000 monthly (including loan payments, insurance, maintenance, and parking), finding ways to offset these expenses is increasingly important.
The Untapped Potential of Your Vehicle
The average private vehicle in the Philippines sits idle for about 95% of its lifetime. That’s 23 hours a day of untapped potential that could be converted into income. Arkela.ph has created a secure marketplace that allows car owners to monetize these idle hours safely and conveniently.
How Much Can You Really Earn?
Earnings vary based on several factors:
- Vehicle type and model: Premium and SUV models typically command higher rates
- Age and condition: Newer vehicles in excellent condition earn more
- Location: Cars in Metro Manila, especially near business districts and tourist areas, see higher demand
- Availability: Vehicles available on weekends and holidays can maximize earnings
Based on data from Arkela.ph’s platform:
- Economy vehicles: ₱15,000-₱20,000 monthly (assuming weekend availability and selective weekdays)
- Mid-range sedans: ₱18,000-₱25,000 monthly
- SUVs and premium vehicles: ₱25,000-₱35,000 monthly
These figures assume an average rental period of 2-3 weekends per month and occasional weekday rentals.
Getting Started: A Step-by-Step Guide
- Register on Arkela.ph: Download the app or visit the website to create your account
- Vehicle Verification: Submit required documents:
- OR/CR (Official Receipt/Certificate of Registration)
- Valid ID
- Proof of ownership
- Recent photos of your vehicle
- Set Your Terms:
- Determine your daily, weekly, and monthly rates (Arkela.ph provides recommended pricing based on your vehicle’s make, model, and condition)
- Define availability (which days your car can be rented)
- Establish pickup and return locations
- Create Your Listing:
- Take high-quality photos of your vehicle (interior and exterior)
- Write a detailed description highlighting key features
- Note any special instructions or restrictions
- Start Earning:
- Respond promptly to booking requests
- Maintain your vehicle in excellent condition
- Build positive reviews to attract more renters
Success Strategies from Top Earners
Maria Santos, whose Honda City generates consistent income on Arkela.ph, shares her tips:
“Consistency is key. I ensure my car is always clean, well-maintained, and has a full tank when renters pick it up. The little extras—like a phone holder and charging cables—generate better reviews and more repeat customers.”
Other successful strategies include:
- Responsive communication: Responding quickly to inquiries increases booking rates by up to 40%
- Flexible pickup/dropoff: Offering some flexibility with timing makes your listing more attractive
- Detailed house rules: Clear expectations prevent misunderstandings and damage
- Regular maintenance: Preventive maintenance reduces the likelihood of breakdowns during rentals
- Special offers: Providing discounts for longer rentals or repeat customers increases utilization
Addressing Common Concerns
Many potential hosts worry about insurance, damage, and liability. Arkela.ph addresses these concerns with:
- Comprehensive insurance coverage during all rental periods
- Driver verification including license verification and background checks
- Security deposits to cover minor damages or violations
- 24/7 customer support for both owners and renters
- Rating system that helps identify responsible renters
Calculating Your Potential ROI
Consider this example:
- Vehicle: 2020 Toyota Vios
- Monthly expenses: ₱18,000 (loan, insurance, maintenance, parking)
- Arkela.ph income: ₱20,000 (average monthly earnings)
- Net benefit: ₱2,000 monthly surplus + vehicle ownership
Over a year, that’s ₱24,000 in positive cash flow, effectively making your car ownership cost-positive rather than a financial burden.
Tax Considerations
Income earned through Arkela.ph is subject to taxation. Consider consulting with a tax professional regarding:
- Registration as a sole proprietor (if earnings exceed certain thresholds)
- Keeping records of all car-related expenses for potential deductions
- Quarterly filing requirements if applicable
Building Your Car Sharing Business
Some enterprising Filipinos have expanded beyond sharing their personal vehicle:
“I started with just my own car,” says Entrepreneur Paolo Reyes. “After seeing the potential, I purchased two more vehicles specifically for Arkela.ph. Now I have a small fleet that generates significant monthly income while requiring minimal time investment.”
Whether you’re looking to offset the costs of your personal vehicle or build a car-sharing mini-business, Arkela.ph provides the platform, security, and support to make it happen.
Ready to turn your parked asset into a money-making machine? Download the Arkela.ph app today and join the thousands of Filipinos who have discovered the financial benefits of peer-to-peer car sharing.