Uber launches car rental program with Enterprise
In an attempt to gather further share of the ride share community Uber launches car rental program with enterprise. It Ubers latest effort to get more drivers on the road, and in business.
The program, launched in Denver, and is expected to expand across the US. The pilot program gives people access to a discounted rental car at $210 a week, plus taxes and of course fees. The popular ride sharing company is marketing this as an intuitive way to help drivers who can’t afford a car but want to drive for Uber, however it does not come with out hoops to jump through, red tape, and strings attached. Some of the requirements include coming up with a $500 refundable deposit, and a non refundable $40 start up fee. In addition if drivers go over 2800 miles per month or just 90 miles per day, a $0.25 per mile fee is added on to the bill
Uber says, Drivers can rent low-mileage Nissan Sentra, Hyundai Elantra, Toyota Corolla, Chevy Cruze or Ford Focus vehicles. The initial rental agreement last for 1 week, if the driver keeps there account in good standing, this can be extended to 4 weeks at the max, as drivers must return the cars monthly for a mandatory vehicle inspection. The program is aimed at “would be Uber drivers, who don’t have a car, or that own a car but does not meet Ubers minimum requirements.
This isn’t the first time Uber has reached out to other companies to get more drivers on the road. In 2014 Uber partnered with companies like GM to provide drivers with auto loans. This venture was cut short when those partners underwent federal investigation for handing out subprime loans. One bonus to this program is that drivers are not required to obtain additional insurance as this in all included in the price.
While I am a fan of driving for uber, I believe drivers should evaluate if this type of program is right for you, on your journey to create income, this can be valuable if handled responsibly, but the risk of not being able to cover the fees after slow week could be detrimental, especially if you are new to uber. I suggest browsing the web for other opinions before your make this hasty decision to find out what its like to drive for uber before you sign any paper work. On the other hand if you have plenty of time and you need to start making money to fund other investments, this is a good way to start generating income. Sign up to drive for Uber here and get a $50 sign up bonus. And if you have never used uber and want to click here to take your first ride for free up to $15