Harry here. Just a year ago, there weren’t many rideshare specific options for drivers looking to lease or rent a car. But today, both Uber and Lyft now have flexible leasing/rental programs, and there are a whole host of start-ups looking to provide flexible options for drivers.
This is good news in my book as I suspect a lot of drivers aren’t realizing just how much money it’s costing them to operate their vehicle. The nice thing about a lot of the new leasing and rental programs is that they are flexible, affordable, and you see all your costs right up front. Today, RSG senior contributor Christian Perea takes a look at Lyft/GM’s foray into rideshare leasing: Express Drive.
If you’re looking for a comprehensive list of all the leasing/rental options available for rideshare drivers, please check out our new Uber and Lyft Vehicle Marketplace page.
A few weeks ago, Lyft announced Express Drive. Express Drive is like Express Pay except when you have accumulated $100 in fares, you can instead simply tap the “Express Drive” button within the Lyft app to have a Chevy Equinox airlifted directly to your GPS location via a CH-53 within around 20 minutes. It’s worth noting that there is still a 50 cent fee and those can add up after a while.