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There aren’t a lot of requirements to become an Uber driver, but one thing that often holds new drivers back is an eligible vehicle. We’ve talked a lot about Uber’s Xchange Leasing Program and Lyft’s Express Drive in the past, but there’s another vehicle option that doesn’t get talked about very often and that’s driving for a private fleet owner.
My definition of a private fleet owner is someone (individual or company) who owns at least one car that they rent out or lease to an Uber driver. Private fleet owners have always been common on UberBlack and UberSelect (and on UberX in New York) because there are high start-up costs to owning a vehicle on those platforms.
UberBlack requirements include commercial insurance and TCP licensing while UberSelect requirements are similar to UberX but you also need a mid-level luxury vehicle. Since not many drivers want to go through the hassle of getting signed up or can even afford a luxury car, they often turn to UberX. But over the past year, we’ve seen a proliferation of fleet owners starting to offer UberX eligible vehicles to new drivers.
We do have a list of recommended fleet owners by region on our vehicle marketplace, but there are thousands of fleet owners out there and they advertise everywhere from Craigslist to Facebook or even in person flyers. If you’re considering driving for a private fleet owner, it’s important that you understand what you’re getting into and that you compare your options to make sure you’re getting the best deal.
A private or local fleet owner could make a lot of sense if you don’t have the credit to get approved with Uber’s Xchange Leasing program or if it just isn’t available in your city yet. There are private fleet owners in every city in the US, but it can be tough to find them.