Does it Make Sense to Drive UberX with a Private Fleet Owner?
"There aren’t a lot of requirements to become an Uber driver, but one thing that often holds new drivers back is an eligible vehicle. We’ve talked a lot about Uber’s Xchange Leasing Program and Lyft’s Express Drive in the past, but there’s another vehicle option that doesn’t get talked about very often and that’s driving for a private fleet owner.
My definition of a private fleet owner is someone (individual or company) who owns at least one car that they rent out or lease to an Uber driver. Private fleet owners have always been common on UberBlack and UberSelect (and on UberX in New York) because there are high start-up costs to owning a vehicle on those platforms.
UberBlack requirements include commercial insurance and TCP licensing while.. (more)
http://therideshareguy.com/does-it-make-sense-to-drive-uberx-with-a-private-fleet-owner/
Comments
So, no matter which "layer" you work on, driver, fleet owner, rideshare provider, car manufacturer, etc., the idea is that there is a pofit to be made at each one, right?
I do feel that owning an entire fleet goes a bit against the concept of rideshares (I mean...isn't it supposed to be for any car owner) and that the expenses incurred to be the fleet owner plus business expenses will get in the way of making that greatly profitable.
do I need special insurance or anything to lease/rent my vehicle out when I am not driving for uber? Thinking of letting me friend use my vehicle in my off hours!
Isn't that the heavily debated topic, primairly to do with lack of regulation in the rideshare industry? I think you can. You can pretty much do whatever you want.
I saw the other post on uber car requirements and I never saw whether you have to own your car or not...?
I drive Uber and I am informing you that you can't "pretty much do whatever you want."
Maybe you should submit a question to the guru...