PROS & CONS OF LYFT EXPRESS DRIVE RENTAL PROGRAM

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  • Опубликовано: 13 окт 2024
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Комментарии • 135

  • @TheRideshareHub
    @TheRideshareHub  Год назад

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  • @jamesfreeman2863
    @jamesfreeman2863 3 месяца назад +1

    Ive been looking into this program to see if the juice is worth the squeeze. So far from these opinion vids all i see is a lot of non information. What we want to know is what kind of incone can we expect to make? Yes cost of the rental is a factor but at the end of the week/month after allnis said and done what kind of income could be expected? That seems to be the most important thing that needs to be said.

  • @GDMartin
    @GDMartin 2 года назад +7

    i’ve always enjoyed your videos. i like your vibe - such a rational & likeable guy. much love.
    btw now lyft says “drive for any one, Lyft or not - it’s your vehicle while you rent - your choice “ so that’s kinda cool can def do both apps

  • @joannaharper1539
    @joannaharper1539 2 года назад +9

    Actually you can actually do Uber and LYFT (March 2022) now LYFT gives you a personalized car insurance so you can actually driver for Uber and LYFT

    • @ghostrider2664
      @ghostrider2664 Год назад +2

      No you cannot you cannot drive for Uber with a lift car and you cannot drive for Lyft with an Uber car unless you're doing deliveries for Uber because that way they don't really check what kind of car you're driving they don't give a f***

    • @enrgmusicinc
      @enrgmusicinc 6 месяцев назад

      How so??

  • @z2001lhcjer
    @z2001lhcjer 3 года назад +13

    On March 29th, 2021 Lyft will be raising the rental price of their Express Drive vehicles in the Detroit market from $214.92/week to $269.00/week. Along with that they're lowering the mileage rate from .57 cents/mile to .37 cents/mile.
    THESE ARE NOT SURVIVABLE WAGES.

    • @eddiemay1999
      @eddiemay1999 3 года назад +3

      Also have to factor in the price of gas going up. If you are paying $2.92 per gallon and the vehicle gets 35mpg then thats just 8 cent per mile going to gas. So only getting 29 cent per mile. At 29 cent per mile the first 927 miles ($269 / $0.29 per mile) you drive every week for Lyft will be going straight to pay for the rental.
      @ 37 cent per mile you better drive everywhere at 84mph to make the up to $31 per hour they are saying you can make in Detroit. ($31 per hour / $0.37 per mile)

    • @quantum_shhhhart
      @quantum_shhhhart 2 года назад +1

      still about the same as Truck Driver per mile wages.

    • @scarletdamsel3139
      @scarletdamsel3139 Год назад

      Get rid of Biden & his failing policies shrug ✨🤷🏾‍♀️☕ inflation hits everyonre

    • @scarletdamsel3139
      @scarletdamsel3139 Год назад

      @@quantum_shhhhart oh wow lol

    • @michaelray5023
      @michaelray5023 6 месяцев назад

      That’s like $8 to $12 an hour in the city. I live in Arizona and LYFT would always throw 15 to 26 mile rides at me. They’re about 20 to 50 minute long. That’s a little over $9 for 45 to 50 minute trip. I own my car and I pick and choose the rides I do. I like to get $2-$3 a ride minimum. I have done $5 to $10 a mile. From 1:30 am to 7pm I made $419.15 running both UBER and LYFT. I did rest for a couple of hours and got back on the road to make some of that Surge money. I still gotta do Friday night surge.

  • @goodfortune5480
    @goodfortune5480 3 года назад +9

    I am here because I want to take a vacation across country in California for a month. I think if I became a lyft driver to go across country and back I would make like 10 grand... but if I'm paying $270 a week it might be a lot less. Get a job as a live-in assistant provides free place to stay, and make $5000 a month extra. Then during the day I can enjoy the life.

    • @haydayprettyfarm4070
      @haydayprettyfarm4070 3 года назад +1

      Live in assistant ? Where and how?!

    • @goodfortune5480
      @goodfortune5480 3 года назад +3

      @@haydayprettyfarm4070 it's a medical/caregiver job. You live with the elderly person so if they fall down in the middle of the night you're there so they don't die. You might have to make them meals and do laundry, simple stuff. You basically just live with someone for night-time emergencies and get paid to live there.

    • @Liz-ic6jb
      @Liz-ic6jb 2 года назад +5

      You can't drive across country, only in the state which you live.

    • @Ricardo-cy7ku
      @Ricardo-cy7ku 2 года назад +1

      ​@@Liz-ic6jb True, in the fairly new Flexdrive program, you are only insured in the state you rented the vehicle.

    • @DeltaRoots
      @DeltaRoots 2 года назад

      @@Liz-ic6jb that's lies

  • @jammasteracct488
    @jammasteracct488 3 года назад +9

    You can also do the Delivery Apps with it ! Might not be able to work the other rideshare app, but you can do everything else ! LoL

    • @YOUNGNICLLC
      @YOUNGNICLLC 5 месяцев назад

      Definitely did Instacart and just paid for the fee instead of the rides when I did it

  • @stephanazor8898
    @stephanazor8898 3 года назад +6

    It's already different. They don't give discounts and they do allow you to drive for both platforms. I just liked Lyft but Lyft changed my mind for me lately after reaching platinum status.

  • @banginzaza
    @banginzaza 2 месяца назад

    2:56 Could you use two different rental companies? Then use the two apps like that?

  • @Redmeatsteak
    @Redmeatsteak Год назад

    Good afternoon just subscribe you're channel.Good video.If I may ask.When pickup rental car for Lyft do I need to make payment or when finished using picking up customer.Please let me know.

  • @JustinMcMaster83
    @JustinMcMaster83 4 года назад +5

    Also can you rent your car on turo if it’s being financed or is your personal car paid off?

  • @bierwagen1
    @bierwagen1 Год назад +8

    “I don’t want the wear and tear on my personal car driving for Lyft but I’ll rent it to a stranger on Turo who will drive it like a rental” 😂🤣🤡 What is this logic?

    • @aaronstokes9513
      @aaronstokes9513 Год назад +1

      My exact question as well. The Math wasn't adding up for me, 2+2=6?

  • @dymondboyer5473
    @dymondboyer5473 Год назад +1

    How do I do express drive?.... I clicked on it in the driver app and its asking me to put my info about the car as if I'm using my own car!

  • @namehere8344
    @namehere8344 3 года назад +1

    Hi and thanks for doing this video. Does the rental week start on a specific day? Is the insurance covered when driving and not using the Lyft Driver app? TYSVM

    • @stephanazor8898
      @stephanazor8898 3 года назад +1

      Yes Mondays

    • @abdulrahmanbrown2352
      @abdulrahmanbrown2352 Год назад

      @@stephanazor8898 hey! Just wondering how long is the wait time . I recently joined the waiting list

  • @user-369-
    @user-369- 2 года назад

    I live in Phx and i talked to a dudge earlier about renting and he said its worth it compared to dong Doordash full time. i told him im making 10-15 on dash... and he said ya... drop that and go talk to lyft tomorrow, thats what im lookin gat this vid for :) ty

  • @carlosa2540
    @carlosa2540 3 года назад +2

    1,040 a month. Buy a brand new car car like a seltos or a trailblazer and pay around a max of $800 a month with insurance included. The car won't need maintenance in no less than a year since it's new.

  • @2024blue
    @2024blue 11 месяцев назад +1

    Lyft driver should be everybody stop drive

  • @YahikoTG
    @YahikoTG 3 года назад +3

    What about with taxes ? Will they take those 260 per weak a tax reduction or it will continue by miles ?

  • @zacmiller210
    @zacmiller210 2 года назад

    One important question about your helpful video.. how long does it take for a rental car through the express program to become available..? I understand you probably can’t pin point it but any ruff estimate based off of your experience would much appreciated please LMK & thank you in advance. I currently just started my wait time for a rental to become available in Los Angeles if it helps to answer my question.

    • @scarletdamsel3139
      @scarletdamsel3139 Год назад +1

      they usually have a calendar on the app

    • @abdulrahmanbrown2352
      @abdulrahmanbrown2352 Год назад

      @@scarletdamsel3139 I also applied and I’m waiting wasn’t able to see a calendar

    • @80KWaystoRise
      @80KWaystoRise Год назад

      For me it was available when I signed up. Also it forced me to schedule pick up 2 weeks out. Just fyi

  • @ScissorVixens
    @ScissorVixens 2 года назад +1

    Question. You mentioned that using the Lyft Express program is a good alternative to using your own car due to the wear and tear rideshare driving creates. But then you mentioned that you also rent your personal car through Toro. So, I'm assuming you are gambling that the customers renting your personal car won't be putting nearly as much wear and tear on your personal car?

    • @GDMartin
      @GDMartin 2 года назад

      how is that gambling ? One or two humans (person renting and their spouse) compared to literally hundreds potentially thousands of humans per month/yeAr in your cAr ???? renting to one person vs Rideshare passengers & miles is the entire difference dude

    • @ScissorVixens
      @ScissorVixens 2 года назад

      @@GDMartin I recently had my Uber driver tell me all about her Toro renting business nightmare. She had to pay for thousands of dollars in damage done to a few of her cars that were not covered by her insurance company because she was renting the car. Think about it....its one thing to have a passenger in your ride share car with a dashcam looking back at them to record everything and quite another to hand your car over to a stranger to possibly abuse. That is a BIG gamble! Even large corporate car rental companies refuse to rent their cars to people who don't meet certain criteria such as driving record but those same people could most likely be allowed to hop in an Uber.

    • @GDMartin
      @GDMartin 2 года назад

      @@ScissorVixens uhhh wtf? your example is incredibly niche dude. you’re saying why go swim in the ocean man don’t you know people have died from
      sharks ???? yeah no shit. life has risks and you do your best to avoid them. for instance ; don’t fucking swim in shark infested waters aand make sure you know how to
      swim and are well
      prepared etc… such as don’t let your car be rented out to
      meth heads like that lady friend of yours did. also what are yo saying about the driving record that uber would
      them
      be a driver ?? but not let them rent a car? i’m sorry i’m
      not folllwing ur point.

    • @whoissue9456
      @whoissue9456 2 года назад

      I understand what you mean but you can charge more if they put more miles then what is set. And of course she would but a lot with plenty cars… or she she wanted you to leave a nice tip. Don’t always believe what you hear. Do your own research or experience it yourself.

  • @jorgedmartinezmayol954
    @jorgedmartinezmayol954 3 года назад +1

    The good thing that you save money from the insurance. Here in Florida I have to pay 454 dollars for insurance, gas, and maintenance is expensive shit.

  • @banginzaza
    @banginzaza 2 месяца назад

    Homie got a million links in ghe description 😂😂😂

  • @johnanthonyalberola6252
    @johnanthonyalberola6252 Месяц назад

    FIST TIME I NEED A LIFT RIDE

  • @JustinMcMaster83
    @JustinMcMaster83 4 года назад +3

    In Denver they no longer lower the rental cost unless you were already on the plan before they changed it I’m pretty sure it’s that way across the board

    • @artznco
      @artznco 3 года назад

      did you find out justin? we are looking to join in denver

    • @JustinMcMaster83
      @JustinMcMaster83 3 года назад

      @@artznco they have a program but it’s a flat rate it doesn’t lower based on amount of rides

    • @JStaRR-EST1989
      @JStaRR-EST1989 3 года назад +1

      Is it worth it if I’m driving PT? 4 hours a day? I’m driving in Denver as well…

    • @JustinMcMaster83
      @JustinMcMaster83 3 года назад +1

      @@JStaRR-EST1989 it can be just keep in mind it’s at least $250 a week so it depends on how may rides you take if it’s worth it to you

  • @buzinesempire3427
    @buzinesempire3427 2 года назад

    Who buys the gas after the renta?l is the company or the driver

  • @Beeptv1
    @Beeptv1 2 года назад +2

    How about they charging me 316 in a week

  • @Tisha247_
    @Tisha247_ 3 года назад +1

    So to rent form Lyft it’s to be a driver? And not for personal use?

    • @p.m.2468
      @p.m.2468 3 года назад +4

      U can get unlimited miles for personal use

    • @monyaesabuurbey1435
      @monyaesabuurbey1435 3 года назад +2

      Extra personal miles are at a fee

  • @sre94
    @sre94 3 года назад +2

    Does someone need any personal insurance of their own to do this?

    • @justinfuller3053
      @justinfuller3053 3 года назад +2

      Nope

    • @stephencook7337
      @stephencook7337 3 года назад +5

      No but keep a thousand bucks aside for a potential accident because you are responsible for the deductible for any accident you are in whether you’re at fault or not.

  • @lindalovespeter1
    @lindalovespeter1 4 года назад +11

    if you pay 260 a week you can pay 500 and buy a nice SUV car

    • @jayjayjam1083
      @jayjayjam1083 3 года назад +1

      You only can pay $260 a week because they are lending a car.

  • @MoonBull13
    @MoonBull13 Год назад

    Can i do lyft express and NOT drive for lyft? Amd just pay it off with money i make with other jobs

    • @Szeeusz
      @Szeeusz 6 месяцев назад +1

      I don’t know if you know this yet but yes you can as long as you so the minimum required rides that lyft requires for the rental in my case is 20 rides

  • @AbdirahmanDayib-e3e
    @AbdirahmanDayib-e3e Год назад

    If you want to get paid more use your own vehicle if you rent from them the fares will be very low

  • @OnlyInLasVegas
    @OnlyInLasVegas 11 месяцев назад

    Awesome video

  • @destinyflower5595
    @destinyflower5595 3 года назад +1

    You made $150 as profit for the week?

  • @johnvela1631
    @johnvela1631 2 года назад

    Why don't they offer the extras in the Seattle market?

  • @johnvela1631
    @johnvela1631 2 года назад

    I work in the Snohomish county of Washington state because the Seattle market is alot of $3 rides ALOT!!!

  • @raulbleedem
    @raulbleedem Год назад

    Can I work only part time like on the weekends only ?

  • @DylanLefever
    @DylanLefever 2 года назад +1

    Why Would they make you rent a car? What's the point of lifting then because any money you earn will have to go to a check for renting a car and BAM! you just made no money and only money to dive a car , whats the point when doing Lyft the point is you need money in your pocket for yourself not to rent a car literally your working for free then I just found out I cant use my car wtf that sucks

  • @GialanaHz
    @GialanaHz 2 года назад

    What do they do for gas ?

  • @krisr9003
    @krisr9003 3 года назад +12

    Renting your car out to put more miles on your car seems dumb to me

    • @Alex-bw1cq
      @Alex-bw1cq 3 года назад

      That’s what I was thinking 🤔

    • @tomlang80
      @tomlang80 3 года назад +2

      Yeah but if u have a nice car u can get $150 a day from turo.....so u can make a lot of money loaning ur car at turo

    • @mariejenkins-stephens6176
      @mariejenkins-stephens6176 2 года назад +2

      the way turo charge that car gone pay for itself

    • @jeroksijohnson5937
      @jeroksijohnson5937 Год назад

      That would be a car just for that purpose

    • @Tamerahoney
      @Tamerahoney Год назад

      Is your car an investment or liability?

  • @dallastexas007
    @dallastexas007 5 месяцев назад

    Kia souls save gas!!

  • @gabriel1985666
    @gabriel1985666 2 года назад

    What if you scratch the paint ?

  • @user-369-
    @user-369- 2 года назад +1

    RIP.... the algo will send you far away towards the end of the last 3 hrs on a 12hr shift and try to keep u over there in order for you to drive back so they can charge you miles on the car if ur on the 100 miles a week allowance...

  • @scarletdamsel3139
    @scarletdamsel3139 Год назад

    you look like one of my favorite your time channels I follow lol with dillian I believe his name is is political platform but you look like him from a few years ago lol

  • @Niketufff
    @Niketufff 3 года назад

    My dad is a mechanic and teaches me how to fix cars don't think I would need help from lyft ahhhh they be taxin In mechanic shops for an oil change

  • @MsCole-iw2xh
    @MsCole-iw2xh 2 года назад

    Great content !

  • @joes0406
    @joes0406 3 года назад +2

    I heard the deductible is like a couple thousand bucks

  • @diazmiranda6000
    @diazmiranda6000 4 года назад

    Can you help me out a lit my son want to do this but how much you make with 200 Miles per week more or less

    • @justinfuller3053
      @justinfuller3053 3 года назад

      Not worth it

    • @hosseinahmadivarji1956
      @hosseinahmadivarji1956 3 года назад

      $1 per mile so if you drive 200 miles you make $200 more or less you need to drive 1000/per week to have any income

  • @mosadik9755
    @mosadik9755 3 года назад +7

    Lyft told me they don’t cover tires!!

    • @diannaserna1569
      @diannaserna1569 3 года назад

      Yup same! Just got my rental today

    • @Leahmarie-b4j
      @Leahmarie-b4j 3 года назад

      @@diannaserna1569 was it worth it I’m trying to figure out of I should do it

  • @MrWingoTube
    @MrWingoTube 3 года назад

    Do you have to keep the car for 7 days?

  • @Unclebuns72
    @Unclebuns72 Год назад

    Uncomfortable seats are a non negotiable for sitting in a car for hours

  • @Iambbqpapi
    @Iambbqpapi 4 года назад +2

    Is this a repost?

  • @DustinHopkins-b7n
    @DustinHopkins-b7n Год назад

    They are 344 now

  • @scottypimpin9002
    @scottypimpin9002 2 года назад

    Do I need to be a Lyft driver to rent a car?

  • @Supernovaautographs
    @Supernovaautographs 3 года назад +1

    So you don’t want to put wear and tear on your car doing Lyft but yet your rent your car out on Touro that doesn’t make any sense

    • @VinceVanished
      @VinceVanished 3 года назад

      I see your point but look at it like this
      1. He turned one source of income into 2 by driving the rental and then renting his car out.
      2. When you rent a car you rarely drive for 8-12 hours a day while you have it.
      He would be puttin 200-300 miles a day driving his personal car for Lyft but someone that is in town for the weekend isn’t doing the same

  • @pantzandcompany9844
    @pantzandcompany9844 2 года назад

    Not true , u have to put up $400 and your payments are Gona be like $300 weekly and I dnt see any of the bonus $ or tips , they take every cent , it takes about 2 or 3 days to make the payments and there are hidden fees , u basically Gona profit a few dollars frrfr

  • @michigannewsnow4927
    @michigannewsnow4927 3 года назад

    Has any1 ever picked up a lyft passenger, then almost gets to the drop off and they cancel the trip almost at the destination? This might be a scam . I had this issue tonight , even though I dropped them off I didn't get paid for it cause they canceled

    • @destinyflower5595
      @destinyflower5595 3 года назад +5

      With Lyft, a rider cannot cancel a ride after the driver swiped 'pick up', I've heard it happening with Uber, but not Lyft.

  • @Kobe8DaGreat24
    @Kobe8DaGreat24 2 года назад

    Your putting long term miles on your personal by renting it out while your driving Lyft car.

  • @anthonqx22
    @anthonqx22 2 года назад

    I’ll drive to keep the car and pay my bills with other work.

  • @davibooth4852
    @davibooth4852 3 года назад +1

    I just signed up in Phoenix and the deposit was $750

    • @we-have-been-warned2062
      @we-have-been-warned2062 2 года назад

      Wow, $750.00 deposit, yikes. I live in Phoenix, and I was thinking about doing this program. I see you posted this comment 2 months ago. Are you still renting the car here in Phoenix? Is it working out well? Just trying to make up my mind if I should give it a try and rent a car. Any suggestions? Thanks for your time.

  • @joes0406
    @joes0406 3 года назад

    Looks like Huey Lewis;

  • @irondragon8207
    @irondragon8207 2 года назад

    So from an 8:53 video all you guys came away with is that he rents his personal car out on Turo? Unbelievable..

  • @topofthegreen
    @topofthegreen Год назад

    Nice way to lose your ass financially.

  • @whiznit123
    @whiznit123 3 года назад

    annoying

  • @shanescatsandcannabisfarm2965
    @shanescatsandcannabisfarm2965 2 года назад +2

    Its $383 a week now! I think its a rip

  • @fxxk3664
    @fxxk3664 3 года назад

    These small and pop shops play dirty stuff but so do the dealerships even when it comes to tires they will
    Not mind looking at you lol while they sell you new tires and take urs which are perfectly still very capable but not “new.”

  • @jmsmikey
    @jmsmikey 2 года назад

    Great video!