Is Renting a Car with Uber or Lyft Worth it?

[@devereauxadams9718]

It’s worth it only in major cities, I did 600 in 2 days with an ev and was able to profit 1100 my first week of working tbh just work and ignore ppl that’s negative here, I take a 2 sometimes 3 hr break and haven’t had any issues as a driver full time

[@ryanhablitzel]

I don’t regret my rental. It was a blessing when I was in need of a car and some extra cash. Yes I had to work a lot of hours, but at the end of the day I had a car and extra cash as a side hustle.

[@anthonyres1473]

this is what i like to hear not all that negativity stuff people be saying trying change your mind.

[@MrHayes-cb7hp]

@@devereauxadams9718 nope. Not unless you enjoy indentured servitude. You can’t build anything real in a rental. Uber and Lyft want you to rent. That should say it all right there. Why you ask? If you rent, you have no choice but to drive excessive hours for whatever they want to pay you. You are the perfect little servant to help them buy a fleet of AVs to replace you.

[@TheHistoryCode125]

Here's the gist of the video: Renting a car with Uber or Lyft can be a viable option if you need a vehicle and want to make some extra money, but it's not a lucrative venture. The video creator rented a car through Uber for $375 a week, which included full insurance and unlimited miles. They drove for 5 days, earning a total of $1,125, but after factoring in fuel costs, they made around $550. They note that renting a car is a "worry-free" option, but it may not be the best choice if you're looking to make a significant profit or drive full-time. Additionally, they mention that Lyft's rental option is cheaper, but it comes with mileage limitations and monitoring of driving habits. Overall, it's essential to weigh the costs and benefits before deciding to rent a car for ride-sharing purposes.

[@miniaturistnerd616]

thanks I'm thinking about renting for lyft for few months.

[@SheAmyShe]

Thanks so much!

[@InnerHealingPeace]

I have a reservation this coming Tuesday, first time Uber driver. Thanks for the info!

[@ryanhablitzel]

Keep in mind that a reservation with Hertz doesn’t mean much. Don’t be surprised if you show up and they don’t have the vehicle you were expecting… or one at all.

[@senseblogger]

mines is on may 1st got with avis instead of hertz which was told i need $500 to strat Avis only $311 love saving almsot $200

[@donniebrunson5167]

How is it going?

[@senseblogger]

to let you know the charge weekly from uber rentals is 278$ deducted from what you earn and your only allowed so may hours stright then have to stop so suggest you also do like doordash food delivery eraly day from 11 am till 7 at night the n uber late night from 8 pm till like 2 or 3 am

[@jeremywalsh5666]

Down side of Uber rental through Hurtz... So, I rented a Trax Chevy. It broke down after four hours. They told me to take it to Pep Boys and they would pay for it, but I would have to take it to get it fixed. Pep Boys told me it would be four days. I went back to the Hertz office, they said I would have to pay for the vehicle that was being fixed in the shop for four days. I told him that was ridiculous I was renting a vehicle that I could not drive. He agreed, so they let me change out the vehicles for a Tesla, great. The Tesla was hit by a drunk driver and I could not use it. It took me a MONTH to get my money back from Hertz. They were terrible. Rude, and every day they tried to just wait me out. I will never use Hertz again.

[@ryanhablitzel]

That’s wild! Sounds very frustrating. Hurtz also asked me to take the car to pep boys for an oil change once it reaches a certain mileage. An unnecessary hassle. I also found the hertz representatives unhelpful and disinterested. Sounds like you had a terrible experience!

[@DHosa713]

You hit it with your last words on this video, and it's what I say to people who ask me about, it depends on your situation, if you pay rent and have kids, this may not be the option for you, for me I don't have that, I stay with my mom, don't pay rent, just pay bills, and whatever the house needs working on, I figured in a few years I can sit on a lot of money, renting a Tesla through Uber is basically a luxury apartment in terms of monthly payments, if you pay housing rent, and pay for a Tesla rental , you may not be coming out on top at the end, thats why i consider the Tesla rental option is good for kids coming out of high school going in to college, that still stays with their parents, you work hard and save that money, so by the time you graduate and get your career going , youre already sitting on some money, given you understand that and work and not be lazy

[@ryanhablitzel]

In certain situations this rental option is great! For example, if I need to rent a car for a week or more and want to find a way to have it pay for itself… you can do that. And make some extra cash on the side.

[@shawnsh]

Concise. To the point video. You're a good story teller. You should post more videos and grow your channel.

[@ryanhablitzel]

Thank you! I’m out here looking for stories to tell 🤓

[@icsharpk]

Thanks for taking the time to share your experience.

[@ryanhablitzel]

No problem 👍🏼

[@rogerwilco1777]

$1,500+/mth is bananas for a basic 4yr old car that you'll never own.. even IF they paid the gas etc.. This is strictly for people who have completely screwed up their credit and have no other choice.. That's literally more than most people's rent/mortgage.

[@ryanhablitzel]

It worked well for me while my car was in the shop being repaired. It also could work well for someone who wants drive with little or no commitment. I have a car that I use full-time, but I could see the value of renting if I only wanted to drive Uber/Lyft for a short period of time and didn’t have a qualifying vehicle to do so.

[@truupsidetv2616]

I have a rental now here in Atlanta... It's brutal and I feel like a sharecropper... I would advise not to do it... Worst numbers I've done in over 20k rides

[@ryanhablitzel]

Wow. Thank you for saying your experience.

[@johncarcamo6772]

I rented an electric through hertz my first 6 months with .I bought my own electric and said screw you hertz. Hertz employees made the whole process a night mare.

[@ryanhablitzel]

I also had a negative experience with Hertz employees. They lower their standards for Uber customers.

[@xbfdx988]

$15 take home? Not bad if you can use it to go get groceries. Half of America spend a huge chunk of their earnings on vehicles/upkeep/and gas

[@ryanhablitzel]

That’s my take also. If you have time to burn, it might be worth it.

[@ObsidianWlf-ck7ni]

Sir thank you this video is the most help piece of information I have ever seen in all of KZbin. “ this man answered my question b4 I asked.”

[@ryanhablitzel]

Glad it was helpful! Hope you make some money out there!

[@soda8010]

I pay $426 Chevy eq and that’s because I added extra insurance on the car

[@ryanhablitzel]

How do you like it?

[@DriveandThrive]

Plus with the Tesla you can charge for way cheaper than the gas.

[@ryanhablitzel]

Definitely, I prefer the Tesla

[@DriveandThrive]

@@ryanhablitzel when you charged it was it free or were you paying for the charging stations?

[@ryanhablitzel]

They charged a fee directly to my Hertz account every time I charged the Tesla.

[@ryanhablitzel]

Uber Driver Review - Is Renting a Tesla from Hertz Worth It? kzbin.info/www/bejne/pXuUhppulpyZpas

[@familymantrucking2131]

Your rental cost is on the Comfort selection right? So it’s a tad more from the compact/midsize. The reason I’m saying is. I have a ‘19 Yukon. Been doing U/L for couple of months now. Make decent money but what eats me is fuel mileage. And obviously the wear and tear on my personal vehicle. So I was thinking on renting. Now I know by renting. I lose the advantage in running for one of the platforms. And also if I rent just a compact/midsize vehicle. I lose most of all my classifications. But I’ve watching on what rides I’ve been getting these past few months. I would say 95% of all my rides have been under UberX and Lyft. So does it really benefit me to pay more to rent a comfort vehicle over a compact/midsize one? I don’t think so. So I’m going to look into renting a compact car under Uber/Hertz’s. For the weeks runs. Then on Friday Nights. Use my Yukon to use both apps. Because really, those are the times I get XL rides. And so on. But anyways. Great stuff. Thx for sharing.

[@ryanhablitzel]

A ‘19 a Yukon would be hard to be profitable unless you are doing Lux black XL. If you rent a car to drive Uber/Lyft with, I wouldn’t bother putting any miles in your Yukon and drive the rental like crazy instead. Rentals have unlimited miles!

[@Shakti00000]

I got lyft rental , trips $$ are lower than when I had my own car !!! Why?

[@ryanhablitzel]

Tips go up and down. It’s hard to predict.

[@furminhio]

In a good market it is a good idea. I have rented for a while now in the SF Bay Area. And with the rides they are offering now, I can take rides that aren’t at least a dollar per mile. Example, I can take a $40 ride for 50-55 miles coz I don’t have to worry about CPM, since the cars come with unlimited mileage.

[@ryanhablitzel]

I rented when I was in Phoenix, AZ and it worked well. I recently moved to Tampa, FL and it would be a bad idea. The market was far better in Phoenix.

[@furminhio]

Yes sir. That’s exactly right. And also if one plans to drive a lot, the rental program is the way to go. Coz I rack up the mikes on those things😅

[@ryanhablitzel]

Yeah, the rental program was worry free driving for miles!

[@romancedennis290]

@@furminhio who u drive for

[@romancedennis290]

@@ryanhablitzel is Lyft good I’m thinking about doing it now since Chicago is a big market

[@erikaflow4558]

Very informative video! Thank so much for sharing!

[@ryanhablitzel]

Glad it was helpful

[@lorenzowalker-uy6kl]

U have to watch the people u let in your car with the false alterations

[@ryanhablitzel]

I let all the crazies in 😆

[@TeeLovesMaceo]

Great video! Thank you! ❤

[@ryanhablitzel]

👍🏼

[@WONDERWOMAN1969]

Thank you for the information...im considering the rental option...did you use a credit card or debit card? And do they run your credit?

[@ryanhablitzel]

I used a debit card… no credit check.

[@DriveandThrive]

why get the suburu for 375 when you could have gotten the tesla?

[@ryanhablitzel]

I got the Tesla the second time around and loved it. At the time, the Subaru was the only car available, so I took what I could get.

[@TheRideShareNetwork]

Never do Lyft flex. Lyft is hell. They. Deduct 20 percent of every ride

[@ryanhablitzel]

Only 20%? Uber deducts 50% most of the time.

[@TheRideShareNetwork]

@ryanhablitzel I'm talking rental rides not rides in general

[@ryanhablitzel]

I didn’t realize Lyft took extra for rental rides

[@jonathanguzman517]

It works for me iam single live in a busy area northen NJ and its always busy. I do rentals for 8 weeks work hard hours. Then i return the car and go to colombia for a whole moth vacation. A vacation every 8 weeks. With the money i make iam able to pay for my 1 bedroom apartment, go on vacation every 8 weeks. And save half of all my profit.

[@ryanhablitzel]

Awesome! Thank you for sharing. It just depends on individual circumstances if it makes sense

[@Andre30006]

What happens if u get sick on 1 of ur work week and u fail to complete the 30 trips that week?

[@ryanhablitzel]

The rental agreement won’t automatically renew at the end of the week and you will have to return the car.

[@capone_rd_809]

The simple answer is no, don't do it, also just get rental reimbursement via your insurance carrier.

[@ryanhablitzel]

I’m definitely submitting for the insurance reimbursement on top of everything

[@Angel_Peg]

Only issue i see lyft lux will no longer be available

[@ryanhablitzel]

Yeah, It’s a fail.

[@LAGAmingTTV]

Are you paying $39.99 for insurance a day, or is it a package deal ?

[@ryanhablitzel]

I can’t remember exactly, but Hertz just added it on without asking me. It is an option, but they just assumed and added it on.

[@YAYYEE]

Hey nice video, where are you renting from so that you can do Uber & Lyft

[@ryanhablitzel]

I rented from Hertz

[@Black__90]

Is Uber eats considered as rides?

[@ryanhablitzel]

I had the option of doing both on the app, but I’m not sure that you can rent a car just for Uber eats.

[@goddessyouniq7938]

They told me deliveries don't count. Just rides

[@ryanhablitzel]

Good to know

[@dianehall4802]

what about the deposit, was it 375 plus deposit? also does lyft give u a good mout of personal miles and do u pay for them?

[@ryanhablitzel]

This was an Uber rental though Hertz. I wasn’t charged a deposit. It was $375 with full damage waver insurance out the door with unlimited miles. Lyft gives you options to pay for the amount of personal miles you want to use. The Uber becomes a better deal if you need a lot of personal miles.

[@Dbjjr26]

So Uber is a better rental vehicle program?

[@gachatwins6350]

It depends on your market if rent a car u seat a few hour u actually just paying rental car a gas very little in return for the hour u out in😢if put in 12 hours a day after all the expenses pocket 500 a week a make more working at macdonald putting in 12 hour a day😂

[@ryanhablitzel]

That’s absolutely right. I rented in the Phoenix market where business was good. I recently moved to a new city and it wouldn’t make sense at all the rent here because the business is much slower.

[@GordonClark-o4n]

If the process wasn’t a cluster $@&$ it would be better. Can’t insure a rental car with Rideshare. You have to get full coverage thru hertz or Avis. Then pray someone in India can fix the problem

[@ryanhablitzel]

Being a Lyft & Uber driver is becoming less and less appealing. Drivers now are driving low quality cars and are unprofessional.

[@GordonClark-o4n]

@ hardly as bad a other industries , but uber and hertz using a 3rd party website link to hide stuff is a bit unethical. Simple link that makes it easy for anyone qualified to rent and drive would help. I really enjoy the Tesla I rented. The talking freight can be annoying at times

[@831cassels]

pull in over a hundred a day + you have a car the priceless part is you can cash out daily, no waiting for paychecks great video and worth it if you need a car my phone is a swiss army knife of money making apps collectively i use them to maximize income plus travel

[@ryanhablitzel]

Not the right fit for everyone, but a great option for others who need a car and an easy way to offset the cost when you don’t mind putting in some work.

[@Majorhitspromo]

Made $700 this week, spent $480 on the rental 🤦‍♂️

[@ryanhablitzel]

‼️‼️‼️

[@skeeters2740]

Shit that’s pretty good. My car note is 700 a month

[@MWLA2]

Lyft has unlimited personal miles. Not monitored. All the best 👍🏼

[@ryanhablitzel]

Oh wow 😮 Thanks for the update!

[@romancedennis290]

Really

[@ericacurtis1832]

Yeah with extra charge on the price unfortunately

[@romancedennis290]

@@ericacurtis1832 why type of cars they got

[@tobiasvanburenjr5161]

Mines monitored with Lyft right now. I have 245 personal miles(which is the highest they’ll go) if I go over that they’ll charge $22 per 25 miles I go over the cap🥵🫣🤬

[@jnelson3988]

hello good info , i am using hertz rental now...may i ask how to access the maitenence portal? the guy at hertz mentioned this to me to view any maitenence needed or if i needed a request ...i cant it anyhere in the driver app

[@ryanhablitzel]

I think the maintenance portal is directly though Hertz and not through the Uber app. I never used it for my rental… check your Hertz contract.

[@Blingnjkbling]

Never rent a car with Hertz to do Uber. I did it for a week and trust me when I say it's a major scam.

[@ryanhablitzel]

Uber has become a scam preying on the less fortunate to line the pockets of greedy executives

[@seamdiest]

Can u do Uber good delivery when doing this?

[@ryanhablitzel]

Absolutely, you can do both.

[@Dbjjr26]

So with lyft rental you can only do lyft. With Uber you can use any app and they don't count it against your miles?

[@ktta5938]

Did they deliver? I don't have a car it got totaled

[@ryanhablitzel]

They don’t deliver, but Uber will give you a credit take a ride to the rental office.

[@KingDrewPhilip]

The only reason why I am not renting right now is because I have a fully paid 2015 Toyota Corolla that I use only for Uber. I drive part time with them, and I don’t ever have to worry about a monthly car payment or a weekly Uber rental payment. In a way I guess I’m blessed because of this. No rental fees and no stress from that. My other can I drive around for personal use is a sporty little 2009 Lexus IS250. She’s getting old! But she’s in great shape at only 128k miles. Gotta love Lexus durability.

[@ryanhablitzel]

Having your own car is definitely the way to go. Rentals could be a decent choice in some situations, but definitely not preferred. I’m sold with the Lexus quality!

[@KingDrewPhilip]

@@ryanhablitzel the Corolla I use for Uber has only 90k miles on it and because Uber pay isn’t good anymore, I just don’t drive as much for Uber anymore. Is your market also paying not as well as it did like in 2016?

[@ryanhablitzel]

I’ve only been driving for a little over a year, but location definitely matters. I recently moved to Tampa, FL from Phoenix, AZ. I make far less in Tampa than I did in Phoenix. Less premium rides etc. I did quite well in Phoenix/Scottsdale with my Black Lexus ES 300h. Lyft/Uber still serves as a decent flexible side hustle for extra cash, but it’s ridiculous what I actually make for the time invested. Ride share pay keeps going down. It’s just the nature of the business until drivers unionize for better pay.

[@mikeanthony706]

Your numbers do not add up, sir

[@ryanhablitzel]

🤔

[@rorycalhoun1126]

NEVER

[@ryanhablitzel]

😳

[@Majorhitspromo]

No!

[@vibesaddickentertainment9777]

Straight answer No. Forget it gas expensive rides are cheat rental insurance , u damn well giving the rental company 3 out of the 7 days plus no Quest bonus and very little serge ... Take it from someone who rent Don't 😢

[@ryanhablitzel]

I only have rented when so needed a car anyway and it helped offset the cost

[@senseblogger]

ok he dont tell you about it all but here goes i was turned down getting my car last fri because credit rating was too low ... heres the weekly cost uber charges you $278 a week = $1112 per month gas powered midsize chevy mailbu has a 15 gal tank lowest price i get for gas is $3.20 per gal $45 to fill up and i know that will get me through 2 days so we figure 3 fill up per week $135 per week thats driving 5 days $135 + $278 = $413 per week $1652 month i could do food delivery erly start 11 am until 7 easily make $100 in 3 days then flip over to uber after hour break do from 8 pm untill 3 am and i know i get at laest 15 rides or more in that time earn minmum $350 so at $450 per dy just 4 days week = $1800 a week - my cost gas and rental fees $413 $1387 profit weekly = $72124.00 per year yeaaaaaaaaaa you now pay taxes nd i dunno how much because you write off all expenses mileage maintanence even minor stuff wiper blades bulbs car mats car washes cleaning sprays etc..

[@ryanhablitzel]

Legit

[@mauriceortiz1557]

Too much work for too little money !?#%

[@ryanhablitzel]

😳

[@senseblogger]

I lost my car xmas eve hit n run doulble parked oust side nieces house over $3000 it would cost to fix it so yes for me it's worth it $270 a week i know doing food deliviery eraly then uber late night i can eran minimum $800 a week and in case your wonder if credit rating used was told NO on live call the 18th of april

[@ryanhablitzel]

Agreed. The renal isn’t maybe the best overall option in all cases, but it is in some cases. The rental came though for me when my car was in the shop and I needed a car and extra Income to survive.

[@MrHayes-cb7hp]

Don’t rent. It’s not worth it. You will drive 6-7 days a week. 2 of those days will cover the car (if it’s Comfort). You will also become part of the problem. Broke asses without a primary job, driving all hours and days, accepting garbage fares because you are desperate, living to work only, and driving down the fares for real drivers. My solid advice to everyone: get a job, own a car, drive part time and be picky as hell with the rides you accept. Make sure the money per mile and hour all make sense. More than $1.25 per mile and all trips must be $30+ per hour. Decline 80% and drive when it’s busy, you will earn extra money and pay your car off very early while minimizing the miles you rack up. Anything less and you are putting nothing more than the value of your car in the bank.

[@ryanhablitzel]

The rates keep getting worse with Uber and Lyft. I got a Lyft Extra Comfort ride request for 100 miles at .68 cents per mile the other day. Ridiculous. I only accept rides over $1 per mile.

[@MrHayes-cb7hp]

@@ryanhablitzelToo many drivers lose patience. Often times I find declining ride after ride seems like an eternity but in actuality it’s only been 2-5 minutes when in a busy area. If all drivers do the same Uber has no choice but to increase the fare. I’ve been in situations where all drivers in the area are saying no and the fares go up. I’ve also seen Uber/ Lyft double and triple down on the crap fares until someone breaks. Just the other day I was one of 20 drivers in the airport queue, the same rides came over and over, all drivers were declining because it surged to $5.75 within 2 minutes. I ended up with an 8 mile comfort trip for $27.75. It does work if everyone plays the game.

[@ryanhablitzel]

Often there is someone who will take the cheap fares when there are too many drivers in the pool. I drive Lyft Black and Uber Premier mostly now, but when things are really slow, I take comfort or even Uber X rides because it’s that or nothing sometimes.

[@consciousmeka3740]

Real job doesn’t exist anymore. I worked as a driver for amazon making 19.75 an hour 10 shift. After taxes and benefits you might bring home 700 but your body are beat down from delivery 300 -400 packages and 200 stops going up stairs all day. I would rather run down my car than my body. Nobody is affording to pay bills with a regular job best to be your own boss. People are making 100k with Uber/lyft.

[@TY-we9uo]

wow! what a point.

[@Bartetmedia]

So basically you're working to make Uber, the gas station, and the car rental money.... Isn't that peachy?

[@ryanhablitzel]

🤔