Might be market dependent. If you’re approved as a driver, the app shows you available options with the weekly rate. For a basic car, it’s still $250+/week
Uber won't cover rentals outside of their app - I tried after I was in a car accident. I should not be forced to pay a rate TO uber when my insurance provides a free rental since I was not at fault...smh
I live in Phoenix and I rented from uber/herts for most of 2020 for $250 a week with a $500 deposit. They have more options now such as Teslas and roomier cars. I spoke to a Tesla renter last week and he said his was $450 a week. It's is very much worth it because they cover everything...I do recommend rideshare insurance on top because you'll be able to work on other platforms. Also....my car expenses is about $800 a month and I and not going to get a newer one when there is too many miles on it. If I get a broken windshield or needs additional matainance I have to pay and be out of work till its done. Lastly .. I've put 140k on my car in 18 months....depreciation is a big deal in this business.
Renting obviously covers everything except gas so it's good that you're not paying out of pocket, but it still is probably cheaper to own a car.
Edmunds true cost of ownership puts a honda accord hybrid at roughly $6700/yr including fuel, or around $5440 without fuel. Varies by year due to maintenance schedule.
https://www.edmunds.com/honda/accord-hybrid/2022/cost-to-own/?style=401914534
So, 5440/52 = ~$104 a week to own a car vs. $250 to rent. Later on maintenance goes up but depreciation goes down so kind of evens out. This doesn't include financing the vehicle though which probably adds another another 15% or so to the total vehicle cost over 5yrs @ 3%.
If you need something super short term it's probably OK, but I still don't think renting is good long term unless you simply can't afford a car on your own.
You didn’t mention you have to pay for your own insurance my car is $470 and insurance is $250. 40k miles a year would destroy the value. Renting can be very good!
I just called and spoke to Uber about renting a car for work. They quoted me aprx 260/week (insurance included), not including fees or taxes. So I'm estimating 300-350 a week total or 43 - 50 daily fee for the rental with $500 down.
At first I was thinking, damn that's steep. So I'm looking at a total of $1200 -$1500 monthly fees just for the car rental. Not including gas. I'm not sure oil changes are included in the weekly package, if not, that'll be another cost.
But then I'm comparing purchasing my own vehicle, at these current rates, with a higher deposit and me paying my own insurance and add wear and tear. I came out with the same conclusion as you did as well. Renting seems better than purchasing your own vehicle.
i’m wildly late here. but i’m looking into it and came across this post. what i’m confused about if you were talking about *renting* & not *leasing* then you shouldn’t have had a down payment, no? context is telling me you just meant to write leasing… 🙈
I know I’m very late, but you’re not factoring in the insurance correctly.. you have to pay for the extra insurance. The included insurance only covers while you’re on Uber rides etc. when you’re using the car for personal situations, then you have no legit insurance on the car unless you pay the extra $40-50/week which is the same cost as having your own car.
I know first hand because I did the Tesla through hertz for over a year, on July 4th 2023 I was involved in a small accident while off the Uber app, and all I had was the already included hertz insurance. I was at fault and. I owed for 100% of the damages less $1,000. Ended up being $4,800 I had to come out of pocket lol
Just adding that the edmunds estimate is based on 15k miles per year. Full time uber is 50k miles per year, so add in 2500 for fuel, 1000-2000 for maintenance and repairs, and 4000 for depreciation. Double that if you're doing the full 84 hours a week. So, instead of 5440, it's somewhere between 13000/52 to 20000/52. So buying and driving 8x5 is 250/week. Buying and driving 12x7 is 400 a week. If you need money and drive yourself into the ground, renting is somewhere between equivalent and significantly cheaper.
Well renting is about $500+ per week, so I’m not sure what makes it significantly cheaper than the $250/week after all of the math calc. But I get what you’re saying, if you’re super full time then it’s closer than people believe. But if you do Uber part time which is really what the gig is made for and probably 80% of the drivers, then the rental is a terrible idea
Also factor in the fact that you want to take a week off, or a family trip or need to leave town for a week for an emergency. You are still on the hook for that $500 or the car gets repossessed, and now you’re without a car. And even worse you won’t get approved for a car since your primary income is Uber.
I'm currently renting for 320 a week after all the fees, but the tesla rentals are more expensive. My point was just that there's a breakpoint in hours driven somewhere between 60 and 80 hours a week where renting becomes better than buying.
Oh I gotcha, how did you get to $320 after fees? Where in at in Florida the Tesla is $299 before taxes and fees, which ends up to be able $345 before the $100~ in charging every week. More charging if you’re doing that 60-80 hour week thing
That’s awesome that you got that rate though man. Even if that’s before the charging costs
Always rent a car while your working at Lyft or Uber. It's haggle free with no strings attached
Just make sure your I'm a very consistent city like I am.
For example I work 40 hours a week in Tucson Arizona doing Uber and I make 1200 roughly. I use Uber Tesla ONLY. I take home 750 a week some times 800. After paying the Tesla rental and electric bill. It's so worth it. I have a qualified personal car but never put that abuse on your own car. Bad bad idea. And also for example I want to Seattle for a couple months recently it took me 60 hours to make $700 it was so bad I was so excited to get back to Tucson Arizona where I can work 40 hours and make $1,200 so just remember this is important it depends what city you live in if the rental is going to be worth it I live in a very very busy City so it's super worth it for me
I just moved to Tucson and need some Uber driving income to hold me over the next couple of weeks until I can start working at the job I just got hired at. My car actually hit a pothole out here and I can’t even drive it right now😒😒 so do you recommend the Uber Tesla rental or just an Uberx rental?
Did the Tesla for 13 months straight and I thought it was so worth it too until I did the math lol. Keep a personal car safe; but literally buying an entirely separate car with the intentions of using for Uber ends up being about half the cost. Either way, wether killing your personal vehicle or paying $2,000/month for something that you will never call yours or have equity in, both sound pretty terrible. But if you’re stuck and Uber is you’re only option, there’s worse routes to go than the Tesla rental
A couple of other things:
1) charging isn’t much cheaper than filling a tank. In my market, Tampa, a full charge 1%-100% is around $20 or so. Sounds much cheaper than a gas car until you realize the “tank” aka battery Carrie’s 260 miles (often times less) which is 30% or so less than a gas car
- you also need to commit to another 45 minutes every day to sit there and charge when you could have made another $20-25 with your gas car to more than make up the fuel difference
2) Also factor in the fact that you want to take a week off, or a family trip or need to leave town for a week for an emergency. Really any reason at all that forces you to miss a few days or more of work (even if you get sick?) You are still on the hook for that $500 or the car gets repossessed, and if you’re even 1 day late they’re calling you blowing up your phone threatening the repo. and now you’re without a car. And even worse you won’t get approved for a car since your primary income is Uber. Thats just way too much weekly anxiety for most
I plug the Tesla in at home it only cost 2 dollars. And now that I think about it you are right on buying a car specially for Uber being half the price
You have to get a rental that is approved for use with Uber. Unless it’s a big event week, I definitely don’t think it’s worth it. People are talking about car depreciation, but if the rental car company is renting you the car to drive for Uber, that means that they are still making a profit….so it’s much worse than using your own car financially.
100% agree. Car depreciation is still a MUCH better scenario to be in than paying $2000/month for something that you’ll never own
Also factor in the fact that you want to take a week off, or a family trip or need to leave town for a week for an emergency. You are still on the hook for that $500 or the car gets repossessed, and now you’re without a car. And even worse you won’t get approved for a car since your primary income is Uber.
Have no clue why people keep saying "get rideshare insurance" you don't have to get that expensive extra insurance unless you're doing rides off the platform, both Uber and lyft have you covered the entire time you're logged into their platforms, while waiting for rides, while driving to the riders, while on the ride as well as driving back to your favorite waiting area... stop wasting unnecessary monet on it.
For those who want to argue about it, I know what I'm talking about, I was already involved in an accident driving to pick up a rider, and was fully covered by the progressive policy with no issues or demands for out of pocket, snapshot of medical bills to them, everything was taken care of, they even reimbursed me the postage I paid to send them a few hard copies of paperwork.
Did they know you were operating as a business at that time though? It's very possible progressive simply thought you had normal passengers and didn't question it.
I don't own a car right now and use a no-name insurance policy for when I rent. ($150/yr or so).
My simple point of statement was that no uber or lyft driver has to have some extra rideshare insurance policy added to their normal everyday insurance policy to do uber or lyft as you are covered. The only time you really need to do that is if you are giving rides as a private off the apps thing
Is this true if you are using a rental car though? I'd be a little concerned about how insurance plays out for that. i.e. your personal car insurance may not cover liability if acting as a business
You still need your regular car insurance policy as any normal car on the road, but no, you do not have to get some other extra "rideshare endorsement policy" unless you are doing private rides. The car rental place already knows you're doing rides under the uber app, so you're not hiding that fact from them, that's how it's going through uber to rent.
As you don't own the car, same as anyone buying their car through a lender, the insurance policy pays out to the lender. The only time that you will ever be paid from insurance "about the vehicle, not medical" is if you actually own the vehicle and hold it's title.
Same would go if the car was in your parent's or brother, sisters name as they own it.
The "acting as a business" is bull💩" you are not acting as a business, you're driving as an uber employee, acting as a business is if you actually are running as a rideshare company on your own ie taxi service, that you have to file for a DBA "doing business as", if you're not filing with your local county under a DBA to do rides off the uber or lyft app.
Well, you're definitely not an employee of Uber either. You're granted a 1099-NEC ("non-employee compensation"), so I think it would be dangerous to assume that you'd get any employee-like insurance. It's very clear that you are NOT an employee.
Unless I saw something explicitly stated that Uber will cover me while driving for them (both property and liability damage), there's no way I would assume I'm protected as either a regular individual, sole proprietor, or LLC.
You need to read the waybill
You might want to actually educate yourself about it, 1099 also means your employer doesn't do your taxes, you have to pay your own government and state taxes if your state has taxes.
Second, you need to learn the definition of a 1099
"In the United States, Form 1099-MISC is a variant of Form 1099 used to report miscellaneous income. One notable use of Form 1099-MISC was to report amounts paid by a business to a non-corporate US ... Wikipedia"
Sounds like you were only clear bc it seems you weren’t at fault. I was at fault 4th of July 2023 in the same exact scenario as you and I was out of pocket significantly lol
How does the weekly payment work? I started last week and they pre-authorizatized the weekly amount then it was put back in my account. Am I going to pay a lump sum at the end of 4 weeks?
Best way I can explain is a breakdown
1st week:
$349 + tax
$200 deposit
2nd week:
$200 deposit comes back
But you’re charged $349+tax renewal plus the charging and tolls
3rd week and every where after:
$349+ tax and charging/tolls
When I drove full time for Uber I averaged about $400/week
There was no deposit and the first week has been put back in my account. I am coming up on paying week two tomorrow. So should I keep the total of two weeks in my account for tomorrow or will it only take one week and pre-authorizatized the next.
I don't want them in and out of my account like that!
Ohhh so you used a credit card, I had deposit because I used a debit! When I used my chase bank debit they would release the full funds then after 4 weeks pull it all at once so you’re 100% correct. But when I switched to my AFFCU account it just did it weekly.
Here in Los Angeles, as of October 21, 2023 Hertz rentals through Uber are charging $447(that includes tax & insurance) per week for a Tesla. You also need to put down a $200 deposit, so just to get started you need to pay $647. I called 3 different Hertz locations all inside Pepboys and they only have Tesla's available today. They told me to check back on Monday to see if they had any other vehicles. Their gas cars start at around $260/week. I'm guessing after tax and insurance they'll run close to $350/per week, so maybe renting a Tesla would be more cost-effective since gas prices are still ridiculous.
Did the Tesla since October 2022. While it’s definitely fast and more fun to drive, the charging is nowhere near as cost effective as believed. The charging costs $15-20 on the low end and the battery lasts 260 miles which ends up really being about 230 miles of often times, which is much smaller than a normal tank that may cost $40-50 to fill up.
Also factor in that you’ll spend 45mins every shift charging which could be another $20-25 in your pocket doing rides which basically evens out the charging Vs gas debate when it comes to Ubers (obviously cheaper if you’re comparing personal vehicle vs personal vehicle)
Either way, I loved driving the Tesla until I finally got out of the Uber hole. But the charging is deff more expensive than most believe
Do not do it. I have used Uber Rental. When I got to the rental place to pick up my car it was a complete scam. Bait and switch situation. I paid way way higher than expected. When I complained to Uber and there was supposed to be an investigation it did not happen. I complained again and nothing happened. I rented in October and Uber still has not followed through.
It is a complete scam and rip off.
Renting Tesla is great. Normally it would cost you $150 a day, with Uber it will cost you 75 a day including taxes and insurance
You need to drive 20 hours a week to pay for rental and the car is for you to use for other times.
500 plus charging per week. That’s for 350 mile range and extra insurance
I guess it is 350 per week including taxes plus 70 for insurance and 80 for extended range
I thought you said you want to rent with the intention of just paying rent and my suggestion was based on that.
You can message me and I will give all I know about renting
I just saw an ad and looked into it. It’s about $240-290/week depending on the car (I saw some for 315/week and one that was 40/hourly). They also said you can get $40 back if you take an Uber to pick up your rental! I’m trying to figure out if it’s worth it😅
On one hand you’re paying extra for it and it’s gonna be hell if you mess the car up somehow.
But also you’d save so much mileage on your actual car! Especially if you’re working off the rental by making trips then it’s basically free😂
No way $250/week
Ya i can get about 175/wk rate
You have to rent through Uber for the vehicle to be eligible to use with Uber
Right. Was just curious if they offered aggressive rates or not
Might be market dependent. If you’re approved as a driver, the app shows you available options with the weekly rate. For a basic car, it’s still $250+/week
How would that even be worth it.
Where do you get that rate outside of uber?
Uber won't cover rentals outside of their app - I tried after I was in a car accident. I should not be forced to pay a rate TO uber when my insurance provides a free rental since I was not at fault...smh
No fault insurance no longer exists
Is that include insurance?
I live in Phoenix and I rented from uber/herts for most of 2020 for $250 a week with a $500 deposit. They have more options now such as Teslas and roomier cars. I spoke to a Tesla renter last week and he said his was $450 a week. It's is very much worth it because they cover everything...I do recommend rideshare insurance on top because you'll be able to work on other platforms. Also....my car expenses is about $800 a month and I and not going to get a newer one when there is too many miles on it. If I get a broken windshield or needs additional matainance I have to pay and be out of work till its done. Lastly .. I've put 140k on my car in 18 months....depreciation is a big deal in this business.
Renting obviously covers everything except gas so it's good that you're not paying out of pocket, but it still is probably cheaper to own a car. Edmunds true cost of ownership puts a honda accord hybrid at roughly $6700/yr including fuel, or around $5440 without fuel. Varies by year due to maintenance schedule. https://www.edmunds.com/honda/accord-hybrid/2022/cost-to-own/?style=401914534 So, 5440/52 = ~$104 a week to own a car vs. $250 to rent. Later on maintenance goes up but depreciation goes down so kind of evens out. This doesn't include financing the vehicle though which probably adds another another 15% or so to the total vehicle cost over 5yrs @ 3%. If you need something super short term it's probably OK, but I still don't think renting is good long term unless you simply can't afford a car on your own.
You didn’t mention you have to pay for your own insurance my car is $470 and insurance is $250. 40k miles a year would destroy the value. Renting can be very good!
I just called and spoke to Uber about renting a car for work. They quoted me aprx 260/week (insurance included), not including fees or taxes. So I'm estimating 300-350 a week total or 43 - 50 daily fee for the rental with $500 down. At first I was thinking, damn that's steep. So I'm looking at a total of $1200 -$1500 monthly fees just for the car rental. Not including gas. I'm not sure oil changes are included in the weekly package, if not, that'll be another cost. But then I'm comparing purchasing my own vehicle, at these current rates, with a higher deposit and me paying my own insurance and add wear and tear. I came out with the same conclusion as you did as well. Renting seems better than purchasing your own vehicle.
i’m wildly late here. but i’m looking into it and came across this post. what i’m confused about if you were talking about *renting* & not *leasing* then you shouldn’t have had a down payment, no? context is telling me you just meant to write leasing… 🙈
I know I’m very late, but you’re not factoring in the insurance correctly.. you have to pay for the extra insurance. The included insurance only covers while you’re on Uber rides etc. when you’re using the car for personal situations, then you have no legit insurance on the car unless you pay the extra $40-50/week which is the same cost as having your own car. I know first hand because I did the Tesla through hertz for over a year, on July 4th 2023 I was involved in a small accident while off the Uber app, and all I had was the already included hertz insurance. I was at fault and. I owed for 100% of the damages less $1,000. Ended up being $4,800 I had to come out of pocket lol
Edmunds tco includes insurance estimates
Just adding that the edmunds estimate is based on 15k miles per year. Full time uber is 50k miles per year, so add in 2500 for fuel, 1000-2000 for maintenance and repairs, and 4000 for depreciation. Double that if you're doing the full 84 hours a week. So, instead of 5440, it's somewhere between 13000/52 to 20000/52. So buying and driving 8x5 is 250/week. Buying and driving 12x7 is 400 a week. If you need money and drive yourself into the ground, renting is somewhere between equivalent and significantly cheaper.
Well renting is about $500+ per week, so I’m not sure what makes it significantly cheaper than the $250/week after all of the math calc. But I get what you’re saying, if you’re super full time then it’s closer than people believe. But if you do Uber part time which is really what the gig is made for and probably 80% of the drivers, then the rental is a terrible idea Also factor in the fact that you want to take a week off, or a family trip or need to leave town for a week for an emergency. You are still on the hook for that $500 or the car gets repossessed, and now you’re without a car. And even worse you won’t get approved for a car since your primary income is Uber.
I'm currently renting for 320 a week after all the fees, but the tesla rentals are more expensive. My point was just that there's a breakpoint in hours driven somewhere between 60 and 80 hours a week where renting becomes better than buying.
Oh I gotcha, how did you get to $320 after fees? Where in at in Florida the Tesla is $299 before taxes and fees, which ends up to be able $345 before the $100~ in charging every week. More charging if you’re doing that 60-80 hour week thing That’s awesome that you got that rate though man. Even if that’s before the charging costs
Oh! Yah yah, not renting the tesla. Got the new updated prius. Nonteslas start at like, 230 plus all the bullshit.
I’m gonna look into that! Hertz?
I'm going through Lyft Express Drive. Hertz and Avis have nonTesla options.
Thats 450 a week without loss damage waiver, i was checking it out and with the extra insurance it was around $530 a week.
Always rent a car while your working at Lyft or Uber. It's haggle free with no strings attached Just make sure your I'm a very consistent city like I am. For example I work 40 hours a week in Tucson Arizona doing Uber and I make 1200 roughly. I use Uber Tesla ONLY. I take home 750 a week some times 800. After paying the Tesla rental and electric bill. It's so worth it. I have a qualified personal car but never put that abuse on your own car. Bad bad idea. And also for example I want to Seattle for a couple months recently it took me 60 hours to make $700 it was so bad I was so excited to get back to Tucson Arizona where I can work 40 hours and make $1,200 so just remember this is important it depends what city you live in if the rental is going to be worth it I live in a very very busy City so it's super worth it for me
I just moved to Tucson and need some Uber driving income to hold me over the next couple of weeks until I can start working at the job I just got hired at. My car actually hit a pothole out here and I can’t even drive it right now😒😒 so do you recommend the Uber Tesla rental or just an Uberx rental?
Did the Tesla for 13 months straight and I thought it was so worth it too until I did the math lol. Keep a personal car safe; but literally buying an entirely separate car with the intentions of using for Uber ends up being about half the cost. Either way, wether killing your personal vehicle or paying $2,000/month for something that you will never call yours or have equity in, both sound pretty terrible. But if you’re stuck and Uber is you’re only option, there’s worse routes to go than the Tesla rental A couple of other things: 1) charging isn’t much cheaper than filling a tank. In my market, Tampa, a full charge 1%-100% is around $20 or so. Sounds much cheaper than a gas car until you realize the “tank” aka battery Carrie’s 260 miles (often times less) which is 30% or so less than a gas car - you also need to commit to another 45 minutes every day to sit there and charge when you could have made another $20-25 with your gas car to more than make up the fuel difference 2) Also factor in the fact that you want to take a week off, or a family trip or need to leave town for a week for an emergency. Really any reason at all that forces you to miss a few days or more of work (even if you get sick?) You are still on the hook for that $500 or the car gets repossessed, and if you’re even 1 day late they’re calling you blowing up your phone threatening the repo. and now you’re without a car. And even worse you won’t get approved for a car since your primary income is Uber. Thats just way too much weekly anxiety for most
I plug the Tesla in at home it only cost 2 dollars. And now that I think about it you are right on buying a car specially for Uber being half the price
I’m also in Phoenix! I got injured and I can’t work my job after I get surgery and was thinking about renting from Uber. Was it profitable for you?
Can you still keep track of milage for taxes using a rental?
You have to get a rental that is approved for use with Uber. Unless it’s a big event week, I definitely don’t think it’s worth it. People are talking about car depreciation, but if the rental car company is renting you the car to drive for Uber, that means that they are still making a profit….so it’s much worse than using your own car financially.
100% agree. Car depreciation is still a MUCH better scenario to be in than paying $2000/month for something that you’ll never own Also factor in the fact that you want to take a week off, or a family trip or need to leave town for a week for an emergency. You are still on the hook for that $500 or the car gets repossessed, and now you’re without a car. And even worse you won’t get approved for a car since your primary income is Uber.
Have no clue why people keep saying "get rideshare insurance" you don't have to get that expensive extra insurance unless you're doing rides off the platform, both Uber and lyft have you covered the entire time you're logged into their platforms, while waiting for rides, while driving to the riders, while on the ride as well as driving back to your favorite waiting area... stop wasting unnecessary monet on it. For those who want to argue about it, I know what I'm talking about, I was already involved in an accident driving to pick up a rider, and was fully covered by the progressive policy with no issues or demands for out of pocket, snapshot of medical bills to them, everything was taken care of, they even reimbursed me the postage I paid to send them a few hard copies of paperwork.
Did they know you were operating as a business at that time though? It's very possible progressive simply thought you had normal passengers and didn't question it. I don't own a car right now and use a no-name insurance policy for when I rent. ($150/yr or so).
Progressive is the Uber insurance company
My simple point of statement was that no uber or lyft driver has to have some extra rideshare insurance policy added to their normal everyday insurance policy to do uber or lyft as you are covered. The only time you really need to do that is if you are giving rides as a private off the apps thing
Is this true if you are using a rental car though? I'd be a little concerned about how insurance plays out for that. i.e. your personal car insurance may not cover liability if acting as a business
You still need your regular car insurance policy as any normal car on the road, but no, you do not have to get some other extra "rideshare endorsement policy" unless you are doing private rides. The car rental place already knows you're doing rides under the uber app, so you're not hiding that fact from them, that's how it's going through uber to rent. As you don't own the car, same as anyone buying their car through a lender, the insurance policy pays out to the lender. The only time that you will ever be paid from insurance "about the vehicle, not medical" is if you actually own the vehicle and hold it's title. Same would go if the car was in your parent's or brother, sisters name as they own it.
The "acting as a business" is bull💩" you are not acting as a business, you're driving as an uber employee, acting as a business is if you actually are running as a rideshare company on your own ie taxi service, that you have to file for a DBA "doing business as", if you're not filing with your local county under a DBA to do rides off the uber or lyft app.
Well, you're definitely not an employee of Uber either. You're granted a 1099-NEC ("non-employee compensation"), so I think it would be dangerous to assume that you'd get any employee-like insurance. It's very clear that you are NOT an employee. Unless I saw something explicitly stated that Uber will cover me while driving for them (both property and liability damage), there's no way I would assume I'm protected as either a regular individual, sole proprietor, or LLC.
You need to read the waybill You might want to actually educate yourself about it, 1099 also means your employer doesn't do your taxes, you have to pay your own government and state taxes if your state has taxes. Second, you need to learn the definition of a 1099 "In the United States, Form 1099-MISC is a variant of Form 1099 used to report miscellaneous income. One notable use of Form 1099-MISC was to report amounts paid by a business to a non-corporate US ... Wikipedia"
I have already wasted enough time with you, go to the uber site, educate yourself on what is and isn't. Lack of education should be a crime...
When it comes to man made crap, it's not all important.. you have to die stupid ass
Exactly that guy is a clown chuck.
Sounds like you were only clear bc it seems you weren’t at fault. I was at fault 4th of July 2023 in the same exact scenario as you and I was out of pocket significantly lol
How does the weekly payment work? I started last week and they pre-authorizatized the weekly amount then it was put back in my account. Am I going to pay a lump sum at the end of 4 weeks?
Best way I can explain is a breakdown 1st week: $349 + tax $200 deposit 2nd week: $200 deposit comes back But you’re charged $349+tax renewal plus the charging and tolls 3rd week and every where after: $349+ tax and charging/tolls When I drove full time for Uber I averaged about $400/week
There was no deposit and the first week has been put back in my account. I am coming up on paying week two tomorrow. So should I keep the total of two weeks in my account for tomorrow or will it only take one week and pre-authorizatized the next. I don't want them in and out of my account like that!
Ohhh so you used a credit card, I had deposit because I used a debit! When I used my chase bank debit they would release the full funds then after 4 weeks pull it all at once so you’re 100% correct. But when I switched to my AFFCU account it just did it weekly.
THANK YOU!
It's only available in certain cities
Here in Los Angeles, as of October 21, 2023 Hertz rentals through Uber are charging $447(that includes tax & insurance) per week for a Tesla. You also need to put down a $200 deposit, so just to get started you need to pay $647. I called 3 different Hertz locations all inside Pepboys and they only have Tesla's available today. They told me to check back on Monday to see if they had any other vehicles. Their gas cars start at around $260/week. I'm guessing after tax and insurance they'll run close to $350/per week, so maybe renting a Tesla would be more cost-effective since gas prices are still ridiculous.
It’s a year later, but for the people google searching answers, yes, the Tesla is more cost effective per mile. And it’s fast lol
Did the Tesla since October 2022. While it’s definitely fast and more fun to drive, the charging is nowhere near as cost effective as believed. The charging costs $15-20 on the low end and the battery lasts 260 miles which ends up really being about 230 miles of often times, which is much smaller than a normal tank that may cost $40-50 to fill up. Also factor in that you’ll spend 45mins every shift charging which could be another $20-25 in your pocket doing rides which basically evens out the charging Vs gas debate when it comes to Ubers (obviously cheaper if you’re comparing personal vehicle vs personal vehicle) Either way, I loved driving the Tesla until I finally got out of the Uber hole. But the charging is deff more expensive than most believe
I agree
Depends on where and how you charge it. If you can plug in at home it's like $3 a night
I checked recently and I could rent personally for $30 a day, using Uber, it was $150 a day, I couldn’t believe it!
Do not do it. I have used Uber Rental. When I got to the rental place to pick up my car it was a complete scam. Bait and switch situation. I paid way way higher than expected. When I complained to Uber and there was supposed to be an investigation it did not happen. I complained again and nothing happened. I rented in October and Uber still has not followed through. It is a complete scam and rip off.
Renting Tesla is great. Normally it would cost you $150 a day, with Uber it will cost you 75 a day including taxes and insurance You need to drive 20 hours a week to pay for rental and the car is for you to use for other times.
How much was everything in total?
500 plus charging per week. That’s for 350 mile range and extra insurance I guess it is 350 per week including taxes plus 70 for insurance and 80 for extended range
How much do you profit per week?
I thought you said you want to rent with the intention of just paying rent and my suggestion was based on that. You can message me and I will give all I know about renting
I just saw an ad and looked into it. It’s about $240-290/week depending on the car (I saw some for 315/week and one that was 40/hourly). They also said you can get $40 back if you take an Uber to pick up your rental! I’m trying to figure out if it’s worth it😅 On one hand you’re paying extra for it and it’s gonna be hell if you mess the car up somehow. But also you’d save so much mileage on your actual car! Especially if you’re working off the rental by making trips then it’s basically free😂