Since the boom of the rideshare industry, various players within and outside the industry have identified and tried to solve problems facing ridesharing. We have our Kommen app for scheduling an Uber for later use. There are other companies and individuals making mileage trackers, fare estimators, navigation apps, and so many other solutions that target problems within the ridesharing industry.
Vehicle rentals is an attractive solution presented to intending rideshare drivers and partners who are faced with the problem of purchasing vehicles. Obviously not all drivers can afford to buy a car outrightly for their Uber business.
This is why we wrote this post, not as an advert or to pass a vote of confidence on the options proffered below, but to provide a list of possible solutions that drivers in need of vehicles may consider.
Uber Rental Car Options For Drivers
These Uber rental car options were created to help intending and existing Uber drivers. To apply for these rental options, you must log into your partner account and apply for a lease. Since this post is targeted at helping new drivers who are in need of vehicles, you should know that you have to first sign up to become an Uber driver. Please see Uber rental car options options below:
Uber’s Xchange Leasing
Xchange Leasing provides flexible, affordable leases designed just for Uber driver-partners. Drivers are required to put down Security deposits of about $250. Since ridesharing will ensure drivers rack up mileage, Uber has instituted no mileage caps and routine maintenance of vehicle is also included in this deal.
Please note that weekly lease payments will automatically be deducted from your Uber earnings and this payments range from $120 – $160 depending on your vehicle model.
Lease plans can last up to 36 months on some select cars. Uber is also offering a flexible return policy if a driver’s situation changes.
Types of Vehicles
- 2013 Toyota Corolla L Base
- 2013 Toyota Camry L Base
- 2016 Toyota Corolla L Base
Uber -Enterprise Rental
Uber in partnership with Enterprise is offering weekly rentals to drivers at $210/week and a non-refundable $40 quick start fee. Drivers are given a minimum rental of 1 week and if both Enterprise and Uber approve of you, you get to keep the vehicle for longer. There is no mileage cap and vehicle maintenance is done by vehicle manufacturer. You can visit here to learn more about this option.
Drivers have access to cars like Toyota Corolla, Nissan Sentra, Hyundai Elantra, Chevy Cruze, Ford Focus, Dodge Dart, and Honda Civic.
Uber-Hertz Rental Partnership
This option was borne out of the Hertz-Uber Deal. This also provides rental solutions for drivers who need it.
- Drivers have to pay $180/week, taxes and fees inclusive
- Drivers have to pay a $250 refundable deposit.
- Unlimited mileage
- Maintenance costs are covered by Hertz.
- Drivers have 7 days minimum, 28 days max.
HyreCar is a vehicle rental market, designed for all on-demand services. With this service, you get BMWs, Prius, and Minivans which are mainly put up by private car owners who want to earn money with their cars when they aren’t driving it. This is a note to drivers who want to keep earning money even when they are not driving Uber passengers themselves.
This service allows drivers to switch between Uber services by renting different types of cars probably to test the different Uber services or to use in certain areas where they are more requests under that service. You can subscribe to the daily, weekly, or monthly plan and terms like rates and mileageare largely controlled by the car owner.
Note -For Uber Drivers and Entrepreneurs who have not downloaded our kit(s), we provide a vast amount of professionally vetted information and business analysis that will help you run a successful uber business.
For our blog posts on other Uber Services, see the links below:
- An Introduction to Different Uber Services
- Uber Car Requirements: 420 Uber Black Cars Analyzed.
- Uber Car Requirements: 90 Uber SUV Vehicles Analyzed.
For other popular posts you might be interested in, check the links below: