Harry here. One of the biggest barriers to entry for a lot of new Uber and Lyft drivers is an eligible vehicle. We’ve covered the Uber Xchange Leasing Program in depth already but today, senior RSG contributor Christian Perea takes a look at all of the rideshare vehicle rental options that are currently available to drivers.
Since the launch of the Uber Xchange leasing program in 2015, we’ve seen a rush of new competitors filling the space with different vehicle options for drivers. These programs have been insanely popular with drivers (despite the high cost) since they don’t require great credit and are extremely flexible. But now, Uber and Lyft are pushing an even more flexible option with rideshare rental programs.
Rental programs allow you to avoid the hassle of car research, going to a dealership and haggling over prices since all the terms are pretty much set in stone. Uber has already launched a partnership with both Enterprise and Hertz while Lyft also has a partnership with Hertz, but is investing heavily in their Express Drive program with General Motors. There are even some third party options like Evercar and HyreCar that are looking to compete with the big boys.
Today we’re going to review some of the rideshare rental options that drivers have, but for a full list of options, head over to our new Vehicle Marketplace page.