How to Rent A Car for Uber and Lyft
Have you been itching to become a rideshare driver because of the flexibility perks, but realized you’re missing the one crucial piece for the job? Or perhaps you’ve been a rideshare driver for a while, but your car is under repair and you’ve been wondering, “can you Uber with a rental car?”– the answer is yes!
Purchasing a brand new car upfront isn’t for everyone. Cars are expensive and not everyone has the cash to purchase a car or the ability to sign a lease. Most importantly, what if you realize that becoming a rideshare driver isn’t right for you or you will only need a temporary solution to stay on the road? Well, this is why many people will rent a car for Uber and Lyft!
Why rent a car for rideshare?
The first and most obvious reason why you would rent a car for Uber or any other rideshare service is that you get to try it out before you commit. You can test drive what it’s like to be a rideshare driver, get an idea of how much you can earn, and see if it’s something you can see yourself doing long-term before locking into a huge financial commitment.
It is also a great option if you need to rent a car for a short period of time. If your current car is under repair or maybe doesn’t meet Uber’s requirements, then you can rent for the time being. If you have the intention to eventually purchase a car, you can look into rent-to-own programs which allow you to purchase the car at the end of your rental agreement.
Another perk to renting a car for rideshare is that many, if not all, rideshare car rental agreements include insurance. This means no additional insurance is required to drive with Uber or Lyft and you can get on the road as quickly as possible!
How to Drive Uber with a Rental Car
Understand Car Requirements
Before you rent a car for Uber and Lyft, you need to know the car requirements. This can differ depending on where you live, but the requirements are usually more so the same. The only difference is if you live in a colder climate, you may be required to have winter tires on during the winter months.
If you’re looking to start your gig business as a rideshare driver, you can check out our guide to becoming an Uber driver and Lyft driver to understand the requirements and steps to get started. They will give you a better understanding of how to rent a car for Uber.
Find an Approved Uber Lender
Before you look into car rental for rideshare or jumping straight into the local car rental rideshare business across the street from you, you need to make sure it’s an approved Uber lender. These are vehicle partners that work directly with Uber. Driving an unapproved rental car may result in deactivation from the platform, so we don’t recommend taking the chances!
The list of approved Uber lenders are:
Uber vehicle partners come with insurance and basic maintenance at low or no upfront costs or long-term contracts. They are flexible with the way you work even if you will only need the car for a couple of hours. With the hourly options, there are no time minimums and you can pick up cars all around town. For the weekly options, there is a low-cost refundable deposit and no long-term contracts. The availability will differ depending on which partner you decide to rent a car for Uber.
If approved rental options aren’t available in your area, then you can use someone else’s vehicle as long as you’re listed as an insured party on their vehicle insurance plan and the car meets the requirements.
Treat it like your own
Even though the car is not yours, you should still treat it like your own by keeping it well maintained. Leaving a great impression with your customers with a clean car or even bringing along an auxiliary cord to play great music can make a huge difference. Little acts of kindness can help boost your ratings and increase your chances of getting a great tip thus increasing your income as a rideshare driver!
Like with your own car, you will still be responsible for putting gas in it. It comes with the job, but it is a tax-deductible expense that can help keep your taxes down during tax season. We recommend keeping a good record of your mileage so you know exactly how much you can expense.
Now you’re well on your way to test drive your career as a rideshare driver or you’re ready to get back on the road doing what you’re great at. To stay up to date with the latest gig economy resources and tips to help maximize your income as a gig worker, subscribe to our newsletter!