Uber drivers can now lease cars through uber... But prices look insane!!

They don't look the other way, they tack that amount on to your new lease....
Rarely if they want to sell you a car desperately ( IE the car you selected has been on the lot a very long time or a model that is just not moving eg Pontiac Aztek )they may deduct that amount out of their profit but that is a very, very rare instance.

 

Yes, it's high, and it's being compared to sub-prime leasing.

UBER is basically a public service. These drivers paying $160/week for a Corolla are barely making minimum wage when all factors are considered (see Bloomberg link) .

Once the infrastructure is built and autonomous cars become reality, UBER will no longer require their "indentured servants" to participate.

http://www.bloomberg.com/news/artic...ase-machine-where-almost-anyone-can-get-a-car

 

That's what I was thinking...the amount they have to make to just cover the expense of the vehicle is crazy...you would have to earn about $900-$950 before taxes to afford that car....that's ludicrous... Anyone thinking $160 a week for a corolla is a deal is an idiot....I could lease that corolla with maybe $500 out of pocket and about $199 a month....

 

Unless you aren't paying attention to your new monthly cost of your new lease after you turn in the old one then yes ....if I trade in my car and I was paying say $250 a month and the new lease is the same car for say $289 then yes I know they are trying to some how make up for the overage on the odometer....I would make sure to roll into a new lease with the same monthly figures.

 

Best of luck to you....

 

That's all you have to say?

 

...I'd rather just buy a Porsche 911
1999, black. only 73K miles. $18K (quite a steal, for a car that originally costs $90K brand new)


http://www.ebay.com/itm/322137086573
i've been eyeing this car for a while. there are quite a few much cheaper then this, but i like this configuration.
(sorry for kind of deviating from the thread topic)

 

For a 1999 model that Porsche has a timeless look to it...the cost to repair might be the only thing I would worry about though.....also scary to see how $100k+ cars are worth less than 1/2 their value after 5-7 years . especially the BMW 7 series which literally tanks in price after 5 yrs.

 

We both gave our opinions let's agree to disagree....

 

Remember that you cant ride a lease like crazy usually caped to 12k miles per year; perhaps uber advantage is in there.