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Here’s Why Rideshare Drivers Should Be Using Electric Vehicles

Christian here, and today we have a guest post from Evercar. Evercar rents cars to rideshare and delivery drivers in Los Angeles with an interesting twist – their rental fleet consists of mainly electric vehicles.

Now, I’ve always been intrigued by electric cars ever since I paid $3.50 a gallon to put gas in my Trans Am. When I was younger, I envisioned building a company that would sell the coolest EVs that people would WANT to drive that would create a bunch of manufacturing jobs in the US. Unfortunately, instead of building a car company from scratch, I spent a bunch of time playing Civ V (2,000 hours according to Steam) while Elon Musk built Tesla. So thanks Elon…

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Here's Why Rideshare Drivers Should Be Using Electric Vehicles

Here’s Why Rideshare Drivers Should Be Using Electric Vehicles

Electric vehicles (EVs) and car-sharing are two innovations that have been slow to reach mass market. However, as rideshare drivers seek creative ways to maximize their profitability, it could be the combination of these innovations and concepts that allows drivers to unlock sustainable value from the on-demand economy. [Read more…]

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How to make money with rental car arbitrage

Today, I wanted to share a post with you that was submitted by Carlypso, a company that’s aiming to make the process of buying and selling used cars easier.

I really liked this article because it’s an idea I’ve been toying around with myself after hearing how successful it has been with people buying homes to rent out on AirBnB.  This post should get the ball rolling if any of you are interested or have thought about doing something similar.

The key assumptions here are the price at which you can get a car and the amount you can fetch from renting it out on a site like Flight Car and/or Relay Rides.  There’s obviously some risk and it definitely isn’t a get rich quick scheme but if you are willing to put in the time and effort to price these out and figure out the system before other people, I think there is definitely some potential.

[Read more…]

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8 Things Rideshare Drivers Need to Know About Health Insurance

I’ve always had health insurance through my day job but I know a lot of you out there might have questions about getting coverage on your own.  Today, I have a guest post from Tristan Zier, founder of Zen99, a company that specializes in providing health insurance and tax information for rideshare drivers.

Normally, I don’t accept guest posts from companies but since Tristan is a fellow UC San Diego alumnus 🙂 and this is a topic I don’t know much about, I figured we’d give it a shot.  Please let me know if you find articles like this valuable and I’ll see if I can get some more posts from industry experts.  FYI, I have no financial relationship with Zen99.

As an independent contractor, you are not eligible for benefits through the companies you work with – including health insurance.

But don’t worry; there are plenty of benefits to getting your own individual plan! We’ll go over the basics plus some of the ways it may actually benefit you. [Read more…]