I've been looking at leasing a car through the Xchange leasing, has anyone done it and what are the pros and cons of it ?
JimKE you need to learn spanish so you can communicate with Uberpoo riders.I talked to a very nice new driver today, and he was in a leased minivan.
He came up to me and asked if Uber lease was good. He said it was his "primero vez," so I think it was his first day. He spoke very little English and I don't speak enough Spanish to tell him what I think. Hopefully somebody will tell him the truth. I feel bad for the guy, because he really got conned by some recruiter.
You are corrrct you can lease a Mercedes for those numbers however you can not get an unlimited miles Mercedes with the right to return when ever you want. Also you can lease Sentra or Corolla for a lot less . But with limit on miles if you go over miles it will cost you a lot more. The truth of the matter is 170 is about the true depreciation of the Vechile.Oh wow wait till he gets the bill for that lease if it's from the xchange that's really messed up you can lease a Mercedes for what they are asking
Fake news AlertYes that's what I was told but it's still a lot even if it's $100 a week it's $400 a month
Yes. A new Prius C costs $19.5k. one year and 40,000 miles later it's worth $12.5k. $7,000, or $140 per week depreciation, which is what the Xchange lease costs.The truth of the matter is 170 is about the true depreciation of the Vechile.
Does anyone one have the full change leasing terms that they can post here!
The question I've always had about these leasing programs is whether there's any rules regarding who's allowed to drive the lease vehicle. If a reliable partner can be found that likes to work the opposite shift as you then $170/2 week isn't so bad. I would think anybody who's actually driving full time puts atleast $85 worth of depreciate + maintenance on their vehicle.I've been looking at leasing a car through the Xchange leasing, has anyone done it and what are the pros and cons of it ?
Nope. 4 months ago I paid $3,900 for an old Camry. 12,000 miles later, it's still worth $3,900. $0 depreciation per week.I would think anybody who's actually driving full time puts atleast $85 worth of depreciate + maintenance on their vehicle.
You are correct and I agree paying the full price of the lease is a no win situation as the prices are too high. But if a partner is taken in and the cost of the lease could then be cut in half and possibly become profitable.Nope. 4 months ago I paid $3,900 for an old Camry. 12,000 miles later, it's still worth $3,900. $0 depreciation per week.
That same amount of time in an Xchange vehicle would have cost me $2,500 in lease payments.