Author: Sasha Lekach / Source: Mashable
The same story line kept coming up in the early days of ride-hail driving apps: I leased a car to drive for Uber or Lyft, and it ended up costing me too much.
That repeated problem and a bad business model led to the end of Uber’s Xchange Leasing program in 2017. But now a new crop of services and programs are emerging.
On Monday, Lyft announced a new deal with Avis: Drivers can rent a car via the Lyft app from the rental car company’s fleet of 600,000 vehicles as part of its Express Drive program.Lyft said that since the program launched in 2016, drivers who rent have earned $450 million. No mention on how much they spent to rent a car each week.
Uber still has car rental options (known as “vehicle solutions”) through Hertz. It promises $2,500 in earnings after 200 trips. Renting a car for a week or longer costs $214 per week. There’s also a $200 refundable one-time deposit.
For shorter-term leases, Uber started partnering with Getaround last year, charging $5 per…
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