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Should You Rent a Car with HyreCar to Drive for Uber?

Don’t have a car but want to drive for Uber and Lyft? Hyrecar wants to help you out. We sent senior RSG contributor Will Preston out to sign up, try out and report on what it’s like to rent a car as a rideshare driver through Hyrecar.

Interested in signing up with Hyrecar? You can sign up with HyreCar here using our affiliate link, and for a full list of vehicle options, head to our Vehicle Marketplace here.

Drive with Uber 1

After Paula described her experience renting out a vehicle via HyreCar, RSG decided to look at the experience from a different angle – what it’s like to use the service as a driver. I can say the overall experience was a positive one, but it started out very negative. More on that later.

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My Experience Renting My Car Out to a Stranger Through HyreCar

Would you rent out your vehicle to another rideshare driver? For drivers who have an extra vehicle, don’t want to or can’t rideshare drive at the moment, or for those who just want to make some extra cash with their unused vehicle, Hyrecar can be a great option. But what’s it like renting your car out to strangers? RSG contributor Paula Gibbins details her experience renting her car out on Hyrecar here (affiliate link)

HyreCar is not a new concept, but it was new to the Minneapolis/St. Paul area as of May 2018. My husband, Adam, had signed up to be notified as soon as it was available in our area because we wanted to test it out. Passive income is always a great thing in our opinion, so we wanted to see if this would be worthwhile.

For a little background, HyreCar is a service where people who own cars can put them up for rent, typically by Lyft and Uber drivers who don’t have cars that they can use or who don’t want to put the wear and tear on their own vehicles. So, those drivers rely on people like my husband and I to be willing to let them drive our cars.

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Uber, Lyft, Uber Eats, Postmates, Doordash Cars For Lease/Rent

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.

Rideshare Rental Options Compared

We took a first look at some of the most popular programs to see how they work and, most importantly, how they stack up against each other. Each has certain strengths and weaknesses. This is a high level review and terms change often, so make sure you confirm with the company before pulling the trigger on a rental. All of these programs do require that you be at least 21 or older to use them though.

Note: One thing to keep in mind is that for the Enterprise and Hertz rental car partnerships, you must go through an Uber or Lyft approved dealership.  You can’t just go directly to Hertz and rent a car and drive it on Uber or Lyft.

1.) Fair App: Best Car Rental Option for Uber

Fair recently acquired Uber’s Xchange Leasing portfolio and partnered with Uber to offer rideshare vehicles to Uber drivers, and now they’re one of the go-to options for those looking to get a car to drive for Uber. They’re currently available to drivers in California, Philadelphia, and Seattle. They expect to expand to the rest of the U.S. by the end of the year.

They’re official partners with Uber and, if it’s available in your area, you can actually use the Uber Driver app to start your application with Fair. Alternatively, you can also download their app from the Google Play Store or iOS App Store and sign in with your Uber account to find a car.  They also have cars available for non-rideshare drivers, so make sure you sign in using the Uber option of the app.

According to the company, “Fair is trying to revolutionize the way people get access to cars by offering a way to get a car with no long-term contract.” You can read more about how Fair works here and if you want to get started with Fair, you can click here and get $100 off. If you already have the app downloaded, enter code rsg100 to get $100 off.

2.) HyreCar: Top car rental for Uber and everything else (Uber Eats, Lyft, Postmates, Doordash, etc.)

Hyrecar is the second best option to rent a car to drive for uber and lyft. No contracts, no sign up fees, and no waiting.

HyreCar is a vehicle rental market specifically designed for Uber, Lyft, and on demand/delivery drivers. It’s actually pretty cool because you can filter by price, model, and location to find what fits your needs best. You can rent a vehicle for as little as 2 days, and it is a great way to test the waters for Uber and Lyft if you want to give it a try without the hassle of car shopping.

They have designed the process to be as quick and easy as possible for drivers to get on the road in as little as 24 hours.

You can sign up for Hyrecar here (use this link to get the best deal)

Hyrecar review

3.) More Car Rental Options

If you’d like to see a full list of vehicle options, head over to our new Vehicle Marketplace page.

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.

Rent a car for Uber, Uber Eats, Lyft, Postmates, Doordash, Grubhub, and more

Rent a car for Uber, Uber Eats, Lyft, Postmates, Doordash, Grubhub, and more

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Should You Rent Or Buy A Car For Uber? We Did The Math!

Sponsored by QuickBooks Self Employed

In this article, we examine the cost to rent a vehicle for Uber & Lyft versus the cost to purchase a vehicle. This article is sponsored by our buddies over at QuickBooks Self-Employed whom support the site by sponsoring articles centered around the financial health of rideshare drivers on the site. If you’d like to run your business like a grown-up then check them out!

How many miles do you put on your car while rideshare driving? As more drivers track their miles, they’re beginning to find out, in some cases, that they’re putting a ton of miles on their cars. Some drivers are deciding it’s better to rent a car and not worry so much about mileage than to put that wear-and-tear on their vehicles. But are they really a good long-term commitment? Or is it cheaper to rent a car than it is to purchase one and pour maintenance and miles into it?

Let’s find out!

Should you rent or buy a car to drive for Uber, Lyft, etc?

Should you rent or buy a car to drive for Uber, Lyft, etc?

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RSG051: Thomas Gard on Partnering With Uber and Lyft Drivers

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One of the main reasons why I started my site was to help other drivers.  Now we obviously work with a lot of advertisers to support our efforts but I’ve always felt that there’s plenty of room for business opportunities to line up with helping others.  Thomas Gard started out driving for Lyft in his spare time and he now owns a min-fleet of 4 cars that he rents out to Uber and Lyft drivers.

But Thomas isn’t just another fleet owner, he actually considers his renters partners and does everything from helping them get signed up to hosting meet-ups in his home to discuss driving strategy.  So whether you’re already a driver or looking to rent out a few cars, I know you’ll get a lot of value out of this interview.

If you’d like to read a transcript of this podcast, please click here.

RSG051: Thomas Gard on Partnering With Uber and Lyft Drivers
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