Best Car For Uber
Best Car For Uber
Uber insures its drivers against the most likely scenarios, such as crashes while on the job. According NerdWallet, a finance blog, Uber provides up to $1 million in liability protection, as long as Uber customers are in the car when the accident occurs. However, Uber drivers may also want to consider ridesharing insurance or commercial insurance, both designed to protect drivers who make money carrying passengers. Personal auto insurance probably won’t cut it because it’s not likely to cover accidents or other situations that occur while an Uber driver is on duty, especially if the insurance company hasn’t been informed the vehicle is being used for commercial purposes. And if there’s no customer in the car at the time, Uber’s insurance might not kick in either. The safe bet is to carry ridesharing insurance, which is designed to cover this gap.
Best Car For Uber
If you’re looking at driving for one of the car services like Uber or Lyft, there are certain requirements you have to meet, among them having a newer car, at minimum a 2000 model or later. In some cities, like New York, it must be as recent as 2011. To help address this, Enterprise Car Rental recently announced a program enabling drivers to rent a car for Uber use for $210 per week. Another option is Flexdrive, a new short-term leasing car option that could be effective for Uber and Lyft drivers. Either of those is an excellent way to try out working for a ride service with minimal investment, but once you get serious about Uber, you might find nothing beats starting out with your own new car. Here are some tips on what to look for:
Best Car For Uber
Uber and other rideshare companies aren’t required to disclose detailed statistics about driver safety, so they usually don’t. And because drivers are independent contractors, there are limits to what Uber can and must do to help improve safety conditions on the job. If drivers are offered safety training, for example, Uber would then be violating one of the federally imposed conditions that firmly classifies its drivers as contractors instead of employees. If you choose to drive for Uber regardless of the safety risks, keep in mind that, as a contractor, you can choose not to work late, and you can turn down rides that go into unsafe areas. Buying and installing a dash camera will be yet another expense, but that can be a deterrent to unruly passengers.
Best Car For Uber
While we’re glad our Uber driver found his perfect car on Edmunds, we realized he’s probably not alone in this quest. With that in mind, we put together a list of top picks for other prospective ride share drivers. Most are mainstream cars for the average Uber X driver, but we threw in a few high-end picks for those who are eyeing the high-end Uber Black business.
Uber, the popular ride-sharing service, makes a very compelling pitch to recruit new drivers. The company’s ads claim that you will make money just by driving around town – in your own car and in your free time. That’s basically right, but there are countless anecdotes, backed by numerous studies, indicating that it’s not quite as easy as it sounds to become a profitable Uber driver. It requires a lot more than simply downloading the Uber app and starting up your engine.
While Uber pushes the job’s great perks, you probably won’t find any mention of the equally real drawbacks in Uber’s persuasive pitches to recruit new drivers. Like any job, it’s up to you to weigh the pros and cons. The best decision about whether or not to become an Uber driver, in the end, is a personal matter – based on your unique circumstances and your calculations about the value of your time and freedom.
The first thing you need to know is that Uber drivers are not actually employees of Uber – they’re independent contractors. As an independent contractor, you need to think like a smart business person. If you make good decisions on that basis, and you’re willing to give up your nights and weekends (among the most profitable times to drive) for a chance to earn extra money, driving for Uber might be a smart move.
There’s no shortage of late-model used cars sitting on dealers’ lots as Certified Pre-Owned units, and lower mileage models are certainly great candidates for Uber or Lyft service. But there are benefits to a new car besides virtually no miles on the clock, such as a longer warranty. And a new vehicle will make it easier to pass the Uber vehicle-inspection requirement. There’s nothing like that new car smell and look that may translate into rider satisfaction and high ratings.
Choosing the best car for Uber or Lyft depends on a number of factors, including acquisition, maintenance, and fuel costs, along with geographic location. The vehicle with the highest mile per gallon (MPG) rating may not always be the best choice for your needs. It pays to do the research (and the math).Buying a smaller vehicle based on a lower MSRP may be detrimental to your Uber driver rating. Riders do not want to ride in cramped back seats. A comfortable rider is a happy rider.
Photo Credit: Ford Page 1 of 13 Choosing the best car for Uber or Lyft depends on a number of factors, including acquisition, maintenance, and fuel costs, along with geographic location. The vehicle with the highest mile per gallon (MPG) rating may not always be the best choice for your needs. It pays to do the research (and the math).Buying a smaller vehicle based on a lower MSRP may be detrimental to your Uber driver rating. Riders do not want to ride in cramped back seats. A comfortable rider is a happy rider.
If you’re looking for an electric car for an eco-friendly Uber driving experience, the Chevrolet Volt is one of the best options. The battery will last you up to 53 miles per charge, and up to 420 miles total with a tank of gas. The Power Flow screen will help you keep track of your mileage so you can have the most efficient Uber drive.
Even the politest passengers are still strangers, and as an Uber driver, you have to be totally comfortable constantly having strangers in your personal vehicle (that you pay for and maintain). Consider this: Your car’s backseat will become something like a city bus, in the sense that drunk or unruly strangers will be using it for rides. If you are private person, or squeamish, Uber might not be the best way to earn extra money.
If you’re an Uber driver or considering becoming one, you’ll want certain things from your vehicle. You certainly won’t get a high Uber driver rating if your car is unreliable, unsafe, or has little room for your passengers. Your number one priority should be finding a vehicle comfortable enough for both you and your passengers.
You should pay close attention to Uber’s requirements that specifically apply to your location and desired level of service. UberBLACK and UberSUV, which are more-expensive services in luxury or large vehicles, earn higher fares. However, these services require nicer and more expensive vehicles than what an UberX driver uses. In the UberX program, the requirements are relatively basic: a car with four doors that passed a local inspection and is relatively new (made between 2000 and 2005, depending on the city). Uber drivers at all levels must also be at least 21 years old. They must be licensed and insured, pass a background check, and have a relatively clean driving record.
Uber drivers should also be aware that the job can be dangerous, and that Uber won’t necessarily have your back if something goes wrong. An article in the March issue of WIRED points out that it’s easy to underestimate statistical evidence of violence or harassment faced by rideshare drivers, since there are few laws specific to this relatively new industry.
Uber’s deal with Hertz is similar to Lyft Express Drive, but the two programs are offered in different cities. The Uber program has a $180-per-week base rate, which drops to zero after 75 rides a week.
What’s the difference in buying or leasing the same new car in terms of out-of-pocket costs? If you decide to buy a used car, how much will you save? What do costs compare over the course of time? As an Uber or Lyft driver, these questions are very important. It’s hard to give an answer that covers all situations, but I’ll show you a practical example with approximate numbers. We’re looking at an average car ownership of six years.
Don’t make a huge financial decision solely for Uber or Lyft. But if you need a car anyway, buying could be the best option. You avoid weekly rental payments or an expensive lease, which can cost more than payments on a used car. Just factor in the expense of vehicle depreciation and rideshare insurance.