PROS & CONS OF LYFT EXPRESS DRIVE RENTAL PROGRAM
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- เผยแพร่เมื่อ 4 ต.ค. 2020
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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
Great content !
Great video!
Awesome video
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
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***
How so??
Also can you rent your car on turo if it’s being financed or is your personal car paid off?
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
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
Definitely did Instacart and just paid for the fee instead of the rides when I did it
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.
Live in assistant ? Where and how?!
@@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.
You can't drive across country, only in the state which you live.
@@Liz-ic6jb True, in the fairly new Flexdrive program, you are only insured in the state you rented the vehicle.
@@Liz-ic6jb that's lies
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.
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.
I work in the Snohomish county of Washington state because the Seattle market is alot of $3 rides ALOT!!!
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
Yes Mondays
@@stephanazor8898 hey! Just wondering how long is the wait time . I recently joined the waiting list
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.
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)
still about the same as Truck Driver per mile wages.
Get rid of Biden & his failing policies shrug ✨🤷🏾♀️☕ inflation hits everyonre
@@quantum_shhhhart oh wow lol
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.
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!
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.
Why
So it’s not worth it?
everyone is different
@@scarletdamsel3139 that's you in your profile picture
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.
“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?
My exact question as well. The Math wasn't adding up for me, 2+2=6?
Lyft driver should be everybody stop drive
Why don't they offer the extras in the Seattle market?
Who buys the gas after the renta?l is the company or the driver
What do they do for gas ?
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.
they usually have a calendar on the app
@@scarletdamsel3139 I also applied and I’m waiting wasn’t able to see a calendar
For me it was available when I signed up. Also it forced me to schedule pick up 2 weeks out. Just fyi
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
You made $150 as profit for the week?
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?
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
@@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.
@@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.
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.
What if you scratch the paint ?
So to rent form Lyft it’s to be a driver? And not for personal use?
U can get unlimited miles for personal use
Extra personal miles are at a fee
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
Not worth it
$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
Does someone need any personal insurance of their own to do this?
Nope
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.
Can I work only part time like on the weekends only ?
I wanna know too about part time
Do you have to keep the car for 7 days?
No you can keep it however long you do or don’t need it
Can i do lyft express and NOT drive for lyft? Amd just pay it off with money i make with other jobs
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
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
What about with taxes ? Will they take those 260 per weak a tax reduction or it will continue by miles ?
u have to pay taxes ..like a 1099
BS
I’ll drive to keep the car and pay my bills with other work.
How about they charging me 316 in a week
Kia souls save gas!!
Its $383 a week now! I think its a rip
if you pay 260 a week you can pay 500 and buy a nice SUV car
You only can pay $260 a week because they are lending a car.
Is this a repost?
Looks like Huey Lewis;
If you want to get paid more use your own vehicle if you rent from them the fares will be very low
RIP.... the algo will send you far away towards the end of the last 3 hrs on a 12hr shift and try to keep u over there in order for you to drive back so they can charge you miles on the car if ur on the 100 miles a week allowance...
Has any1 ever picked up a lyft passenger, then almost gets to the drop off and they cancel the trip almost at the destination? This might be a scam . I had this issue tonight , even though I dropped them off I didn't get paid for it cause they canceled
With Lyft, a rider cannot cancel a ride after the driver swiped 'pick up', I've heard it happening with Uber, but not Lyft.
They are 344 now
I heard the deductible is like a couple thousand bucks
It’s only 250$
500-1000$
Renting your car out to put more miles on your car seems dumb to me
That’s what I was thinking 🤔
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
the way turo charge that car gone pay for itself
That would be a car just for that purpose
Is your car an investment or liability?
Lyft told me they don’t cover tires!!
Yup same! Just got my rental today
@@diannaserna1569 was it worth it I’m trying to figure out of I should do it
Your putting long term miles on your personal by renting it out while your driving Lyft car.
Do I need to be a Lyft driver to rent a car?
yes that is how you get the car
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
did you find out justin? we are looking to join in denver
@@artznco4574 they have a program but it’s a flat rate it doesn’t lower based on amount of rides
Is it worth it if I’m driving PT? 4 hours a day? I’m driving in Denver as well…
@@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
Uncomfortable seats are a non negotiable for sitting in a car for hours
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
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
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
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
I just signed up in Phoenix and the deposit was $750
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.
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.”
So from an 8:53 video all you guys came away with is that he rents his personal car out on Turo? Unbelievable..
Nice way to lose your ass financially.
annoying