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Uber Income - Can You Use A Rental Car to Drive with Uber?
Want to make some side hustle income with Uber but you don't own a car? Read This...
It sounds great, but unfortunately, you don't have a car.
What if there was a way to rent/lease a car to make money with Uber or Lyft?
You are in luck, keep reading:
How it works:
Reserve a car with us at one of the locations listed below. Make sure to include:
Select date and time for vehicle pick up and return (7 day reservation required, weekly extensions up to 28 days)
Confirm midsize vehicle
On Reservation Confirmation Page enter Name, Email, and Phone Number
(So far) here are the cities that are part of the program:
Los Angeles, CA
New Orleans, LA
San Francisco, CA
Lyft has partnered with General Motors to provide rental cars via the Express Drive Program, with weekly rates between $135 and $250. Drivers are eligible for $0 weekly rates when they hit 75 rides a week.
You'll need to drive most of the week to bank that many rides, so it's best for people who are looking to test the full-time driver lifestyle but don't want to commit to buying a car.
Hertz has partnered with Lyft and Uber to provide rideshare rentals. Lyft's deal starts at $165 for weekly rentals of compact sedans. After a certain number of rides per week, which varies regionally, drivers can earn a Power Driver Bonus to cover the rental cost.
Uber's deal with Hertz is similar to Lyft Express Drive, but the two programs are offered in different cities. The Uber program has a $180-per-week base rate, which drops to zero after 75 rides a week.
Uber Xchange offers short-term car leases from partnering car dealerships. Drivers pay a $250 deposit to start and make weekly payments over three years. Xchange leases to people with poor credit, but monthly totals and interest rates are much higher than with conventional financing.
For example, a 2013 Toyota Camry L Base leased through Uber Xchange may cost 156 weekly payments of $130, or $520 monthly. Comparatively, leasing a 2017 Camry through a Toyota dealer is only $199 a month — though you need a good credit score.
Xchange saves drivers money by including maintenance and insurance, but this means full-time drivers are dependent on Uber servicing their cars quickly.
"My car was in a shop over a month while a claim was investigated, and the people in the Xchange office had no willingness to work with me on payments since I was generating no income," says James Taylor, an Uber driver from Los Angeles.
However, Xchange offers unlimited mileage, whereas traditional leases typically start charging extra after 12,000 miles. It also allows members to return the car and back out after 30 days – minus the $250 deposit.
Hyrecar is a peer-to-peer rental service specifically for ridesharing. Uber and Lyft drivers connect with car owners to use their vehicles at varying daily, weekly and monthly rates. There are no contracts or sign-up fees, and daily rates are as low as $35. Weekly rates float around $200 to $300.
Hyrecar is great if you want to try rideshare driving for the day and you don't want to deal with paperwork or a security deposit. You can sign up on Hyrecar's website to find cars near you.
Would you like a way to earn extra income without driving strangers around town (and without selling anything)? Click the link below:
Or listen to the 24/7 recorded message: (443) 927-7745