I rent a Chevy traverse for $500 a week. My friends also thought that it was insane. My rental cars with commercial insurance, unlimited, mileage, and unlimited service. My average earnings since renting the vehicle is an excess of $3000. In the end, I think that high did not overspend and do not have to worry about destruction about personal vehicle.
@@Vlad_Kalashnik even $3000 a month after expenses is not easy- summertime, at least in Phoenix. Don't know anout other cities. Let us know in other cities.
Man , confirming every words that u said in this video ! I tried last week ! The same car BMW the same person me and 2 different scenarios ! For the personal loan easy 60-72 months with 1500$ down please welcome their approved 3%apr with my credit score ! But when I said that I need commercial registration they said no , because almost 90% of Dealerships don’t have a deal with commercial regeneration vehicle! 🤷🏻♂️
$600 per week sounds like like a lot, but compare that to what an uber/hertz tesla model 3 rents for per week, $425 to almost $500 (including all the taxes & fees) depending on market. And that's a car that's only eligible to drive on uberX & uberGreen & uberComfort.
The only thing I disagree its your math : In my case : 700$ a week for the car (renting) Commercial insurance: 160-180$ a week TCP : first year 1000-1500$ then 350$ yearly payment so let’s say 20-30$ a week Car payment for your own car 200-250$ a week Total for the week with your own car in my case 460$ which means 240$ less . Now bonuses : The car that I’m looking for it’s plug In BMW which means + another 200-250$ gas savings So in my case I can make with my own car 500$ more every week which means +2000$ a week . Now let’s talk about bonuses Bonus number 1 all expenses of something happen with you car you can right off when it’s tax season Bonus number 2 it’s your car Bonus number 3 with your TCP and commercial insurance I can start build your own business like fleet owner! 🤷🏻♂️
You wouldnt save on gas if you are comparing apples to apples, since whether you rent or buy its the same car. Lets not forget the biggest problem. Altho you saved some money by using your own car ($12.5k per year from your calculations) you will be putting 200-250 miles on said car each day (225 a day x 365 = 82k+ miles per year). After dropping $80k on a brand new ride w 30% down n 10% interest ($12k) your warranty will be useless after the first year. Good luck selling it for a decent price after 3 years (82k x 3 = 246k miles) on your $100k investment $65-70k used...
For all the people who think its stupid to rent the car. Lets not forget the biggest problem. Altho you saved some money by using your own car, you will be putting 200-250 miles on said car each day (225 a day x 365 = 82k+ miles per year). After dropping $80k on a brand new ride w 30% down n 10% interest ($12k) your warranty will be useless after the first year. Good luck selling it for a decent price after 3 years (82k x 3 = 246k miles) on your $100k investment $65-70k used... Imagine seeing a 2020 Yukon with 250k miles for sale right now. How much would you be willing to pay for it?
I personally did not know that one vehicle could be under two different accounts but I do think for boyfriends and girlfriends and couples and friends and people that have alternating schedules or have a side hustle mentality I don't think it's a bad idea to rent to someone that drives in the evening you know graveyard shift vice versa as long as you can trust them to bring back the vehicle and a Uber home or whatever they need to do I don't think that sounds like a bad idea
This video goes on and on about the high cost of driving for Uber Black, but what he's really trying to sell you on is RENTING a car instead of BUYING. He makes renting sound so much better by comparing a weekly rental fee to the HUGE upfront costs of buying (down payment, commercial insurance, etc.). But he's conveniently glossing over the fact that in the long run, renting will always cost you more! Owning a car has its perks - you build equity, can potentially rent it out yourself, and get sweet tax deductions. But this dude is all about that instant gratification, pushing the "no upfront investment" angle of renting. He even tries to scare you away from buying by saying Uber could change their car requirements and leave you stuck with a vehicle you can't use. Don't be fooled by the "easy" rental path - think long term and consider the financial benefits of owning your own car!
Thank you for sharing ! Great video! Recently got laid off, looking to get into Uber black...Does all this rule apply for Florida as well or only California?
You should finance one. I saw a black 2017 Tahoe with 100k miles for $27k I wanna say. That's not many miles on a sturdy V8. If you have good credit that's maybe a $450 monthly payment or less. You could net way more or your earnings. You're in LA too which is great for Uber black SUV. I'm in Austin and don't know what the demand is for something like that. I have a lot of $ saved but have just been getting by with UberX making $1600 a week and keeping most of that since I own my car and it's a hybrid. Enjoy your videos. Keep it up
Tahoe is cheaper but doesn't qualify for uber black suv unfortunately. There are cheaper suburban about there but different colors. Black on black is more expensive because of demand. You making good money)) Thank you
@@KhushnudNumonov ah ok. Hmm. I see some listings in my market for 2019 black on black suburbans with less than 100k miles for $38k. Not bad. Still expensive! But you'd keep your Uber black eligibility for a while with that year. A little surprised that many of them don't have push button start! Crazy on such an expensive suv 😂 I drove a 2019 Cadillac Escalade for a week and liked it but I don't think I'd go that route since they need premium fuel and are more expensive to repair. Have you been able to invest your earnings at all? That's been my goal. Doing this hustle is not forever. Unless you maybe start a limo company which you might wanna consider doing in your market. Good luck! Keep making those videos 😊
@@theluxlyfe which car do you drive? What market? Personally I think the suburban probably has the most benefits since they're perhaps the cheapest way to break into the Uber black SUV market. Regular gas. And Chevies are cheaper to fix than a luxury brand. I see a lot of escalades at the airport waiting lot where I am and always wanted to ask one of the drivers how they're doing with it
If you are renting a Suburban for $600-$700/week, what other expenses besides gas, parking, airport fees and tolls are assuming as a driver? i.e., Oil/filter Changes, Tire change, alignment &Rotation … etc. Are these expenses covered by the fleet owner? Finally, how many miles does the fleet owner allow you to drive per week, if any? Thanks in advance ✌🏼
When renting an suv from a third party; do I need to register or start an uber black account for me as an individual. Even though ill be renting the suv from a third party? Please advice.
If rent a Uber black car I need be waiting on my account to be processed from Uber to activate my Uber black account during this process wouldn’t I be wasting money on renting and not making any money driving ?
Tesla is $500+ and they don’t have all the platforms available to them unlike you (Uber Black / Premier or Uber Black SUV / Premier SUV). It’s levels to this ish
@@KhushnudNumonov А я как раз смотрю, что там Yukon Denali - 2006 (Connect) / 2007 (Uber Pet, UberX, UberXL, Uber Green) / 2016 (Black SUV, Black SUV Hourly, Black, Comfort, Black Hourly)
@@KhushnudNumonov А то ты меня напугал. Я планирую покупать именно Yukon Denali. А тут такие новости... Просто у них там вразброс модели машин раскиданы. Не сразу заметишь. Спасибо, за твой канал!
Can we lease the car instead of financing it? Can we use someone else LAX permit? Regarding the LLC you said. I have LLC for a year and a half but I don't have credit on it. Can I still get the loan without using my credit score?
you cannot lease and drive for uber black. I don't think you can use other's LAX permit. you can as long as you can prove that your business makes money.
Instead of a credit card, can we just write down an I O U on a piece of paper when we go shopping? Can we steal a car and drive it on uber black too? How about the owner is driving but we just have him at gun point? LoL
2022 prius $1500 gross a week will make more than Suburban making $2,500 a week. After paying ALL vehicle costs AND TAXES. So many of you are cheating on taxes.
The person renting you that old Suburban is making out like a bandit. You should try to negotiate it down to 450 a week. Complain that you've heard riders complaining about it not being what they are use to when ordering Uber Black.
Hello, buddy! I always admire your videos and collect the necessary information. I would like to ask a few questions, please, how can I contact you on Instagram or Telegram? I would be very grateful! Thank you!
He knows what he’s talking about. Protect Khushnud at all costs. Plus he is the only truly kicking knowledge.
Very good video, being transparent is the best way as many drivers ONLY see the earnings but never the expenses. Good job.
I rent a Chevy traverse for $500 a week. My friends also thought that it was insane. My rental cars with commercial insurance, unlimited, mileage, and unlimited service. My average earnings since renting the vehicle is an excess of $3000. In the end, I think that high did not overspend and do not have to worry about destruction about personal vehicle.
You make $3000 a week?
@@Vlad_Kalashnik even $3000 a month after expenses is not easy- summertime, at least in Phoenix. Don't know anout other cities. Let us know in other cities.
@@Vlad_Kalashnikyes in nyc thats easy with 12-15 hours a day for 6 days
Man , confirming every words that u said in this video !
I tried last week ! The same car BMW the same person me and 2 different scenarios ! For the personal loan easy 60-72 months with 1500$ down please welcome their approved 3%apr with my credit score ! But when I said that I need commercial registration they said no , because almost 90% of Dealerships don’t have a deal with commercial regeneration vehicle! 🤷🏻♂️
Thats right ✅
Factz
Bro just go to a TLC loaner their cars are prepped for that with TLC plates
… then out it all on your taxes even your phone bill .. im from nYc tho
$600 per week sounds like like a lot, but compare that to what an uber/hertz tesla model 3 rents for per week, $425 to almost $500 (including all the taxes & fees) depending on market. And that's a car that's only eligible to drive on uberX & uberGreen & uberComfort.
The only thing I disagree its your math :
In my case : 700$ a week for the car (renting)
Commercial insurance: 160-180$ a week
TCP : first year 1000-1500$ then 350$ yearly payment so let’s say 20-30$ a week
Car payment for your own car 200-250$ a week
Total for the week with your own car in my case 460$ which means 240$ less .
Now bonuses :
The car that I’m looking for it’s plug In BMW which means + another 200-250$ gas savings
So in my case I can make with my own car 500$ more every week which means +2000$ a week . Now let’s talk about bonuses
Bonus number 1 all expenses of something happen with you car you can right off when it’s tax season
Bonus number 2 it’s your car
Bonus number 3 with your TCP and commercial insurance I can start build your own business like fleet owner! 🤷🏻♂️
Great calculation. When you find a car at a good price, down-payment, APR then everything else will be a lot easier
Private clientele
@@KhushnudNumonov 100%
You wouldnt save on gas if you are comparing apples to apples, since whether you rent or buy its the same car.
Lets not forget the biggest problem. Altho you saved some money by using your own car ($12.5k per year from your calculations) you will be putting 200-250 miles on said car each day (225 a day x 365 = 82k+ miles per year).
After dropping $80k on a brand new ride w 30% down n 10% interest ($12k) your warranty will be useless after the first year. Good luck selling it for a decent price after 3 years (82k x 3 = 246k miles) on your $100k investment $65-70k used...
I’m in LA and I want to start my own fleet. Thank you for posting this 🙏
Very informative thank you my man
With Uber X the insurance has to be on your name, is it not the same with Uber Black SUV?
For all the people who think its stupid to rent the car. Lets not forget the biggest problem. Altho you saved some money by using your own car, you will be putting 200-250 miles on said car each day (225 a day x 365 = 82k+ miles per year).
After dropping $80k on a brand new ride w 30% down n 10% interest ($12k) your warranty will be useless after the first year. Good luck selling it for a decent price after 3 years (82k x 3 = 246k miles) on your $100k investment $65-70k used... Imagine seeing a 2020 Yukon with 250k miles for sale right now. How much would you be willing to pay for it?
Le bajan las millas a 45 k 😂 para poder venderlo
Thanks for video. I learned good information
I spoke with the limo permitting agency in my city and they will not allow a permit for a rented vehicle. How do you get around this?
The rented vehicle already has one. There is no need to get your own permit. You rent the cad with all the required permits
I personally did not know that one vehicle could be under two different accounts but I do think for boyfriends and girlfriends and couples and friends and people that have alternating schedules or have a side hustle mentality I don't think it's a bad idea to rent to someone that drives in the evening you know graveyard shift vice versa as long as you can trust them to bring back the vehicle and a Uber home or whatever they need to do I don't think that sounds like a bad idea
great video as usual Kush, I have a question, did you ever switch or open uber xl or x just to keep yourself busy instead of waiting?
Once and turned off quickly. It pays very little and it doesn't worth it. I pay for for the gas than I make from uber x or xl.
@@KhushnudNumonovwhich is not worth it ? Is it XL or X ?
This video goes on and on about the high cost of driving for Uber Black, but what he's really trying to sell you on is RENTING a car instead of BUYING. He makes renting sound so much better by comparing a weekly rental fee to the HUGE upfront costs of buying (down payment, commercial insurance, etc.). But he's conveniently glossing over the fact that in the long run, renting will always cost you more! Owning a car has its perks - you build equity, can potentially rent it out yourself, and get sweet tax deductions. But this dude is all about that instant gratification, pushing the "no upfront investment" angle of renting. He even tries to scare you away from buying by saying Uber could change their car requirements and leave you stuck with a vehicle you can't use. Don't be fooled by the "easy" rental path - think long term and consider the financial benefits of owning your own car!
He rents vehicles out himself and was probably kicked out from doing Uber black.
Thank you for sharing ! Great video! Recently got laid off, looking to get into Uber black...Does all this rule apply for Florida as well or only California?
Hey, great video with details others never talked about! Where did you rent your car for only $600 month? I cant find this similar deal anywhere in LA
I have a video on my channel.
@@KhushnudNumonov found it, thanks!
I thought it was $600 a week, not month.
That is why he cant find it anywhere
You should finance one. I saw a black 2017 Tahoe with 100k miles for $27k I wanna say. That's not many miles on a sturdy V8. If you have good credit that's maybe a $450 monthly payment or less. You could net way more or your earnings. You're in LA too which is great for Uber black SUV. I'm in Austin and don't know what the demand is for something like that. I have a lot of $ saved but have just been getting by with UberX making $1600 a week and keeping most of that since I own my car and it's a hybrid. Enjoy your videos. Keep it up
Tahoe is cheaper but doesn't qualify for uber black suv unfortunately. There are cheaper suburban about there but different colors. Black on black is more expensive because of demand.
You making good money))
Thank you
Suburban, Cadillac, GMC and Grand Wagoneer is the way to go.
@@KhushnudNumonov ah ok. Hmm. I see some listings in my market for 2019 black on black suburbans with less than 100k miles for $38k. Not bad. Still expensive! But you'd keep your Uber black eligibility for a while with that year. A little surprised that many of them don't have push button start! Crazy on such an expensive suv 😂 I drove a 2019 Cadillac Escalade for a week and liked it but I don't think I'd go that route since they need premium fuel and are more expensive to repair.
Have you been able to invest your earnings at all? That's been my goal. Doing this hustle is not forever. Unless you maybe start a limo company which you might wanna consider doing in your market. Good luck! Keep making those videos 😊
@@theluxlyfe which car do you drive? What market?
Personally I think the suburban probably has the most benefits since they're perhaps the cheapest way to break into the Uber black SUV market. Regular gas. And Chevies are cheaper to fix than a luxury brand. I see a lot of escalades at the airport waiting lot where I am and always wanted to ask one of the drivers how they're doing with it
@@AustinDashes yeah. I'm investing in my youtube channel, stock market and crypto. Buying the dip . Thinking to get my own car one day.
If you are renting a Suburban for $600-$700/week, what other expenses besides gas, parking, airport fees and tolls are assuming as a driver? i.e., Oil/filter Changes, Tire change, alignment &Rotation … etc. Are these expenses covered by the fleet owner?
Finally, how many miles does the fleet owner allow you to drive per week, if any?
Thanks in advance ✌🏼
When renting an suv from a third party; do I need to register or start an uber black account for me as an individual. Even though ill be renting the suv from a third party?
Please advice.
Where do you rent from that integrate with Uber and lyft??
What app do you rent it out on?
If rent a Uber black car I need be waiting on my account to be processed from Uber to activate my Uber black account during this process wouldn’t I be wasting money on renting and not making any money driving ?
So you register your driving number on a rented car?
I do Uber black as well with a suburban and I pay 700 a week
What year?
So how much profit are you making each month?
Hi there where can I ren a uber black?
Where do u rent Uber black
Tesla is $500+ and they don’t have all the platforms available to them unlike you (Uber Black / Premier or Uber Black SUV / Premier SUV). It’s levels to this ish
True, but tesla charger is not a 130 in gas ;-)
@@FUNK_DAS_ANTIGAS Factz
Tesla has Uber Premier
@@chessandmathguy Same same but different. A lot has changed. No one style.
Привет, Хушнуд! Возможно, ты ошибся на 15:20. GMC Yukon (не LX) в комплектации Denali тоже подходит для UBER Black SUV.
Привет. На сайте убер написано что если не Yukon xl но не подходит. Комплектация не причём.
@@KhushnudNumonov А я как раз смотрю, что там Yukon Denali - 2006 (Connect) / 2007 (Uber Pet, UberX, UberXL, Uber Green) / 2016 (Black SUV, Black SUV Hourly, Black, Comfort, Black Hourly)
@@vitaly.m увидел. Походу так и есть. Это хорошо...
@@KhushnudNumonov А то ты меня напугал. Я планирую покупать именно Yukon Denali. А тут такие новости... Просто у них там вразброс модели машин раскиданы. Не сразу заметишь. Спасибо, за твой канал!
Пацаны помогите консультацией
Lyft lux va uber comfortga qaysi biri emg zur moshina
when you rent uber black car, does the insurance come with it?
Yes
Yes but same payment for something brand new you eventually own vs an old beat down rental you will never own? No thank you! I would buy.
can you recomand fllet owner in LA? thanks
Unfortunately I don't know anyone
Where could I rent those cars?
Very helpful video
Can u tell me how I can rent a car qualify for Uber black?
Uber rent it up ? Or somewhere else?!
I have a video on my channel called how to rent a car for uber black. I hope it will help
Thank man
Why can you only get 48 months loan? Is that requirement?
For new business they don't give more. I dont know why
Great channel! The Uber Black account is yours, but the bank account that assigned to the Uber Black account is owned by the fleet owner. Am I right?
When you are part of the fleet all the money goes to the owner. When you get your own car than you will but your bank information
@@KhushnudNumonov in your case, are you using your Uber account?
@@ozanuzunsimsek never used it after uber black account
how much gas do you spend/day doing uber black with your suburban
$200-300 a week
@@KhushnudNumonov wow i thought more. how much to fill up the tank and how long does the tank usually last you
@@mmafreakful $130 as of right now. Around 2-3 days. 400-500 miles
Where can i rent for $600 a week? give me info please thanks
But finally you opened S corp and bought a car, how come?)) You say renting is better, don't you?)
Hii bro is the 600$ included with insurance overall
Yes
Why do you need a commercial loan? As long as you have commercial Insurance
You need commercial registration to get commercial loan
Yea I charge 750 a week for my large SUV’s
Are you a fleet owner?
Can we lease the car instead of financing it? Can we use someone else LAX permit? Regarding the LLC you said. I have LLC for a year and a half but I don't have credit on it. Can I still get the loan without using my credit score?
you cannot lease and drive for uber black. I don't think you can use other's LAX permit. you can as long as you can prove that your business makes money.
Instead of a credit card, can we just write down an I O U on a piece of paper when we go shopping?
Can we steal a car and drive it on uber black too?
How about the owner is driving but we just have him at gun point? LoL
Are you Canadian?
Haha no, I'm not
2022 prius $1500 gross a week will make more than Suburban making $2,500 a week. After paying ALL vehicle costs AND TAXES.
So many of you are cheating on taxes.
Could you explain plz. How do you cheat on taxes ?
SuperFANTASTIC 🔥🔥🔥…
Why not just get a uberxl vehicle and pay regular insurance and drive Uberxl.
Doesn't worth it for me
XL is worse than X. A lot worse.
@@leedirtybriches depending on what size “office” you want to sit in.
@@leedirtybriches why is this
The person renting you that old Suburban is making out like a bandit. You should try to negotiate it down to 450 a week. Complain that you've heard riders complaining about it not being what they are use to when ordering Uber Black.
Okay, now tell me a place where I can rent a Uber Black car from
I have a video about that on my channel
If the owner is renting you the car for $ 600 by week it's mean he is paying less for it.
Your theorie doesn't make sense.
I dont know what theory you are talking about
Website name please ?
Link In the description
Thanks
Dude I am a driver for past 10 years and I am saying you are not a smart person to rent 600$ car a week..
All this info on a loan is wrong
You come New York you make more money
How much more
Всё не так вранье неправильно информацию не надо врать людям
Извини, забыл у тебя спросить!
It’s your car 😂😂😂
No! It’s the banks car…
Until you pay all off !
Hello, buddy! I always admire your videos and collect the necessary information. I would like to ask a few questions, please, how can I contact you on Instagram or Telegram? I would be very grateful! Thank you!
Hello)) telegram at @KhushnudNumonov
With Uber X the insurance has to be on your name, is it not the same with Uber Black SUV?