Why You Should Rent a Car for Rideshare
At this point, many rideshare drivers are aware that they can rent a car instead of racking up miles on their personal car. When companies like Uber, Lyft, Doordash, and Postmates popped up that was the “benefit” – you could earn money using what you already own. Now that people have turned ridesharing into a career, however, they’re realizing that long-term this is a poor solution. They will undoubtedly need that same car in the future, and it was supposed to last multiple years.
Drive It Pro allows individuals to rent a rideshare car for Uber or Lyft rather than drive their own. Let’s take a look at the wide array of benefits you have in Phoenix and Tempe, Arizona to renting from us instead of using your own car.
- You Can Write the Cost Off on Taxes
Many people are immediately turned off by the weekly or monthly cost of the car they’re going to rent, but are often not told that this is considered a business expense. Since you’re using the car solely for work, and that’s why you’re renting it, the entire amount can be written off on your taxes at the end of the year. As an independent contractor (which is what all rideshare drivers are), you want to maximize these deductions as much as possible to maximize your take-home earnings.
- Many Insurance Companies Will Not Cover Rideshare Accidents
If you happen to get into an accident while you’re driving a customer for Uber/Lyft, or delivering food/groceries for DoorDash/Instacart, there’s a very good chance that your auto insurance will refuse to cover your personal injuries, the damage to your car, and the damage to whoever you hit. Renting from Drive It Pro removes this from the equation as it’s not your own car. While you do still have to cover state-mandated insurance (liability) to follow the laws, you don’t have to worry about losing your car forever due to an accident.
- Hybrid Vehicles Are Abundant
The largest expense that any rideshare or gig work driver is going to occur is their gas bill. It’s a pretty logical consequence – if you drive all day, you’ll have to buy a lot of gas. Rideshare rental car companies typically only stock Toyota Priuses or other hybrid vehicles for specifically this reason. For example, at Drive It Pro in Phoenix and Tempe, we have only good condition Toyota Priuses so that our customers can minimize this gas bill. This maximizes our customer’s take-home pay as they spend a fraction of the cost on gas.
- You Don’t Have to Ruin Your Personal Vehicle
Driving for rideshare companies like Uber and Lyft can be a great short-term option to earn cash in your spare time. However, the mileage you rack up on your spare time can start to grow higher and higher before you even realize it. A typical rideshare driver can easily rack up 150-200 miles in a single day, which is about how much the average person drives in a week! Financially, cars are incredibly expensive and expected to last many years, but continuing to drive for rideshare will easily remove a few years off that timeline. If you know you’re going to need your personal vehicle for years to come, then use it for personal reasons, and rent a rideshare car from Drive It Pro for rideshare.
Renting a car from Drive It Pro is going to be a better option that driving your personal car the majority of the time. We’re happy to offer Hybrid vehicles for whatever your needs are 7 days a week. With the lowest weekly rates in Phoenix and Tempe, it’s an easy decision when driving for rideshare companies.