[Smac35]

I have a 2015 Jeep Wrangler that I drive on UBER X, the thing is the car eats gas. I got approved for Xchange Leasing at $151 a week for a Toyota Corolla. I hate the thought of being stuck with a $600 bill and the extra insurance every month. But I feel like with my Jeep its hard to really earn decent $ since it's really a truck on UBER X. I would be driving the lease full-time 40-50hrs a week if needed as I am self employed and just using UBER strictly on the side as I build by business since its flexible. Is it a better idea to just tough it out with the jeep? or explore lease options with UBER? All thoughts are appreciated

 

[negeorgia]

Isn't Uber ending the Xchange leasing?

 

[Smac35]

Isn't Uber ending the Xchange leasing?

I read something that they were looking into it. Couldn't find a whole lot of information. My goal was to do it only for 3-5 months.

 

[negeorgia]

For only 3-5 months, I would increase my gas budget by $600

 

[2Cents]

You'll still be doing X and you'll need to drive 1000 miles plus just to cover your costs, i.e. Lease Payment, gas and Full Coversge insurance. You will need Full coverage with a ride share addendum. It will probably take you 3 months to realize you're losing.
They're pulling the X change program because They're the ones losing money. If they can't sustain loses at their own game, what makes you think that you can?
Good Luck with your business, mate.

 

[Smac35]

You'll still be doing X and you'll need to drive 1000 miles plus just to cover your costs, i.e. Lease Payment, gas and Full Coversge insurance. You will need Full coverage with a ride share addendum. It will probably take you 3 months to realize you're loosing.
They're pulling the X change program because They're the ones loosing money. If they can't sustain loses at their own game, what makes you think that you can?
Good Luck with your business, mate.

Great insight, thanks

 

[2Cents]

By the way my name is a double entendres.
Yes it's obvious I like to chime in and give my opinion. What you don't know is how I got it.
I was doing the X lease and one week after driving 40 plus hrs in a week I saw my payout was .01 I thought this was a mistake. Went back and forth long story short it had to do with the lease. When you sign up there is a form that you sign over your earnings to them. The minimum they can put on dd is .01
Then it happened again the next week. I can't even describe to you how I felt. Since I earned 01 for 2 weeks in a row I had made 2 Cents so that's how I got my name and the fact that I like to chime in. I hope that never happens to you or any one but my profile pic is undoctored.
I took out the earnings week, but you get it.
Doing X is smoke and mirrors.
If you were doing it on a Neon that some one gave to you and you just had the basic insurance then it's possible. At the X rates you can loose money on some fares and I didn't even get into pool.
One does not need to graduate from a Tier 1 School (As Atlanta has) with an MBA to see you're loosing money if you work it the way they want you to work it. 8th grade math will dictate this and the fact that they have been able to get away with this, is mind boggling.

Do what you have to do to survive but just keep in mind, who comes out on top?

 

[Smac35]

By the way my name is a double entendres.
Yes it's obvious I like to chime in and give my opinion. What you don't know is how I got it.
I was doing the X lease and one week after driving 40 plus hrs in a week I saw my payout was .01 I thought this was a mistake. Went back and forth long story short it had to do with the lease. When you sign up there is a form that you sign over your earnings to them. The minimum they can put on dd is .01
Then it happened again the next week. I can't even describe to you how I felt. Since I earned 01 for 2 weeks in a row I had made 2 Cents so that's how I got my name and the fact that I like to chime in. I hope that never happens to you or any one but my profile pic is undoctored.
I took out the earnings week, but you get it.
Doing X is smoke and mirrors.
If you were doing it on a Neon that some one gave to you and you just had the basic insurance then it's possible. At the X rates you can loose money on some fares and I didn't even get into pool.
One does not need to graduate from a Tier 1 School (As Atlanta has) with an MBA to see you're loosing money if you work it the way they want you to work it. 8th grade math will dictate this and the fact that they have been able to get away with this, is mind boggling.

Do what you have to do to survive but just keep in mind, who comes out on top?

That name story is pretty sad and hilarious and the same time. I can't imagine how you must have felt

 

[2Cents]

That name story is pretty sad and hilarious and the same time. I can't imagine how you must have felt

I'm glad you find it hilarious. Hopefully you will never find your self in a situation where you drive entitled Millenials for a week and only earn .01 for your efforts.

 

[SpeedyGonzalez11]

I'm glad you find it hilarious. Hopefully you will never find your self in a situation where you drive entitled Millenials for a week and only earn .01 for your efforts.

>entitled baby boomers

 

[Dinoberra]

The lease should only be temporary, a Jeep should only be on the highway. Had a buddy that ran one of the extended can wranglers and loved it. He only made airport runs, but this was when we made more money. I'd say add money to gas budget, live at the airport or use your set destination to ping pong off the airport, bust your but for 2 months, buy a 3500 car with your earnings, and never look back.

 

[Smac35]

The lease should only be temporary, a Jeep should only be on the highway. Had a buddy that ran one of the extended can wranglers and loved it. He only made airport runs, but this was when we made more money. I'd say add money to gas budget, live at the airport or use your set destination to ping pong off the airport, bust your but for 2 months, buy a 3500 car with your earnings, and never look back.

I appreciate the insight Dino, I live in Woodstock off of 575 anyway so its great airport runs out here.

 

[jaywaynedubya]

That name story is pretty sad and hilarious and the same time. I can't imagine how you must have felt

It's just funny, you have no further comment. ?Don't drive your 35k car for Uberx. Xchange and the other rental options didn't work despite Uber giving these company additional compensation outside of what the driver paid to rent/lease the cars.

 

[screwber]

You have to net $900 just to break even for the month . That's about 2 weeks of driving. Go with the gas guzzler

 

[steveK2016]

How much more are you really burning through gas that youre more concern with that then $600 a month + $100/150 insurance?

Rough numbers off the top of my head would be about 150 a month in gas more youd spend driving a 17mpg vehixle over a 30mpg vehicle part time. Full time will show a bigger difference depending on how much more you drive.

Best bet is to drive the wrangler for 6 months, pocket that $800 a month and buy a cheap elantra for under $7k as your uber vehicle.

 

[john2g1]

I have a 2015 Jeep Wrangler that I drive on UBER X, the thing is the car eats gas. I got approved for Xchange Leasing at $151 a week for a Toyota Corolla. I hate the thought of being stuck with a $600 bill and the extra insurance every month. But I feel like with my Jeep its hard to really earn decent $ since it's really a truck on UBER X. I would be driving the lease full-time 40-50hrs a week if needed as I am self employed and just using UBER strictly on the side as I build by business since its flexible. Is it a better idea to just tough it out with the jeep? or explore lease options with UBER? All thoughts are appreciated

Odd that no one is saying it but try Hyrecar.com.

1. You get to see what it will cost
2. What the vehicle is
3. Insurance is included

Try Uber rental

1. All of the above but you can't pick your vehicle... Pro tip it's better to go without a car than to get stuck with one you immediately notice has issues.

Find the cheapest car you can stand to squeeze into and drive that

 

[KMANDERSON]

Isn't Uber ending the Xchange leasing?

I called them about it.what the exchange rep said is uber has not made a decision yet about that

I read something that they were looking into it. Couldn't find a whole lot of information. My goal was to do it only for 3-5 months.

You might want to look at getting a older car,some cities allow a 2002 on the uber platform.But if you want to lease go with hertz it week to week.If you decide you don't like it just don't renew for the following week.Exchange is a three year lease

 

[Uber_Yota_916]

Wranglers are uncomfortable. Bad mpg also? Buy a 5k beater and use it for X.

 

[Mikek999]

I’m here in Dallas and did Xchange lease. Car had 31k miles when I got it five months ago. Weekly rate is $156. Did the Toyota Carolla 2016. I’ve already put 25k miles on the car. The downside is that you MUST work at least 40 hours a week just to make a profit. Gas mileage is good at 35 mpg. And I had to put down a $400 no refundable deposit. Only reason I went on that direction was because of financial reasons preventing me from buying a car. But working toward buying a $4000 Prius in the next few months and returning the lease. Xchange is not a great deal, but one worth considering. I tried Lyft hertz deal - what a joke! Plus the Xchange lease lets me work both Lyft and Uber

 

[Smac35]

I'm here in Dallas and did Xchange lease. Car had 31k miles when I got it five months ago. Weekly rate is $156. Did the Toyota Carolla 2016. I've already put 25k miles on the car. The downside is that you MUST work at least 40 hours a week just to make a profit. Gas mileage is good at 35 mpg. And I had to put down a $400 no refundable deposit. Only reason I went on that direction was because of financial reasons preventing me from buying a car. But working toward buying a $4000 Prius in the next few months and returning the lease. Xchange is not a great deal, but one worth considering. I tried Lyft hertz deal - what a joke! Plus the Xchange lease lets me work both Lyft and Uber

Wranglers are uncomfortable. Bad mpg also? Buy a 5k beater and use it for X.

Thanks for the insight!

Odd that no one is saying it but try Hyrecar.com.

1. You get to see what it will cost
2. What the vehicle is
3. Insurance is included

Try Uber rental

1. All of the above but you can't pick your vehicle... Pro tip it's better to go without a car than to get stuck with one you immediately notice has issues.

Find the cheapest car you can stand to squeeze into and drive that

Hyrecar.com. checking it out now, thanks