Lyft Express Drive: The Lyft Rental Car Option

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The Personal Car Rental That Makes You Earn Money

lyft express drive

Driving for Lyft is a part time or full time driving job . One of the most common questions is: can I drive for Lyft without a car? While there are some driver requirements and background check requirements that apply to every applicant, you do not need a car and own a personal vehicle to drive for Uber and Lyft.

If you are reading this article you already know that in certain cases leasing a car is better than buying one.

Often the lease is cheaper than a loan, you can get a prettier car and since you will use the car for business purposes, a lease will offer you more tax write-offs than a loan. That’s because the IRS allows you to deduct both the depreciation and the financing costs that are part of each monthly payment.

Driving with Lyft, you cannot borrow your neighbours' cars. So, why not lease it! You can get a car through Lyft and in particular with the Lyft rental program.

The Lyft Express Drive program helps you rent a vehicle, so you can start driving and making money as a rideshare driver in select cities. In this complete guide you will learn everything you need to know about the Lyft driver car rental including the availability, requirements, costs and how to gain access to qualified vehicles.

1. How Does Lyft Express Work?

Lyft is not a rental car company. However, you can rent or lease a vehicle through their rental car partners:

  • Flexdrive
  • Avis
  • Hertz

You don't have to lease a car for one year and you do not even need to have a 3 month car lease. Lyft car lease provides weekly rental with no long term rental commitment. This means that the express rent a car allows you to borrow a car to make money and return it after 7 days or keep renting it.

You will not get a car for free. So, you should start by asking yourself what car is right for me? Driving with ride sharing companies and other on demand services, you are responsible for gas expenses. You should always track your mileage, know all the fuel-efficient driving techniques and use gas cash back apps. Hybrid cars are best suits for rideshare services.

The rental vehicles include good standing car types. In particular flexdrive car solutions include a wide range of type of cars including:

  • Midsize
  • Hybrid
  • Electric

The Flexdrive app stock includes sedans and compact vehicles, full-size and compact SUVs. Luxury cars are often available at some flexdrive locations.

⚠️ You need to schedule an appointment to pick up your vehicle.

2. Lyft Express Rental Restrictions

Lyft imposes unique restrictions on drivers who rent cars through its Express rental program:

  • It is mandatory to provide 20 rides per week.
  • Lyft prohibits drivers from making money using their vehicles to work for other rideshare and delivery services including but not only Uber, Postmates, DoorDash, Shipt and Instacart.
  • The personal miles are limited! This means that you’ll have a fixed number of miles included in the Lyft auto rent. Driving further than the limit will mean paying an extra charge.

💡 Example: Your express rental include 350 personal miles. You’ll be charged $25 for 50 extra miles you drive over the limit.

However, if you give a certain number of Lyft rides, some or all of your rental costs can be covered by rental rewards. We suggest you read accurately the car lease terms, in this case the Lyft Flexdrive rental agreement.

Additionally, working with Lyft you should always know how the driver pay works and all the tips to increase your earnings.

3. Express Rental Requirements

Here is a complete list of all the requirements to lease a vehicle with Lyft:

  • Being at least 25 years old
  • You must meet Lyft's driver requirement
  • Pay a refundable deposit (the rental deposit will be returned to you up to two weeks after your vehicle is returned. )

In addition to the basic requirements, drivers must also be clear of a set of violations that will disqualify them from being a Lyft driver and pass a background check .

  • Drivers should not have a major violation from the past three years (DUI, felony, reckless driving, etc.)
  • Drivers must not have more than two minor violations in the last three years

Related Article: How to practice driving and become a better driver

4. How Much Is The Deposit To Rent A Car?

You do not need a reservation and you do not need to schedule a vehicle inspection! However, the Hertz Lyft program requires a refundable security deposit. The amount of the deposit is on average $200 but can vary depending on your market and DMV check.

By using the Hertz Lyft rental option, the security deposit will be blocked. They do not actually take out all that money, however this reduces the amount available in your account.

The car rental deposit may be paid with a credit or debit card. The card must be in the renter's name. Prepaid or stored value cards are not accepted to qualify for rental.

5. Is Lyft Express Drive Worth it?

Is leasing a car worth it? Buying a car is naturally more expensive since you have to pay the entire purchase price of the vehicle. Here is a list with the main benefits of the Lyft rental program.

Drive Your Way

Get a car any time and return it when you want.

Low Costs

Insurance and all preventive and routine maintenance are always included in your rental rate.

Zero Limits

The Lyft car program allows you to drive with Lyft with no cap on miles for Lyft and extra miles for personal use.

6. Lyft Express Drive Locations

The program is currently available in the major cities of US including:

  • AZ – Phoenix
  • CA – Los Angeles, Orange County, Oakland, Sacramento, San Francisco Bay Area, San Jose, San Diego, Richmond
  • CO – Denver
  • DC – Washington, D.C.
  • FL – Jacksonville, Miami, Orlando, Tampa Bay
  • GA – Atlanta
  • IL – Chicago
  • IN – Indianapolis
  • LA – New Orleans
  • MD – Baltimore
  • MA – Boston
  • MI – Detroit
  • NC – Charlotte, Raleigh-Durham
  • NV – Las Vegas
  • NJ – Matawan
  • NY – New York City
  • OH – Columbus, Cleveland
  • OR – Portland
  • PA – Philadelphia, Pittsburgh
  • TN – Nashville
  • TX – Austin, Dallas, Fort Worth, Houston, San Antonio
  • UT – Salt Lake City
  • WA – Seattle, Tacoma
  • WI – Milwaukee

7. Lyft Express Drive Cost

lyft express drive cost

If you want to learn more about the Lyft rental cost, it is important that you know that the Lyft car rental cost starts at $219 a week and rises as high as $479 a week in New York, depending on the plan and the car types you will choose.

Of course your weekly payments will not include tickets, taxes, and other fees like late returns.

To find better deals, we always suggest you compare different gig car rates.

8. Express Drive Promo Code

Since you can drive for Lyft with no car, you can also apply for lyft and get your bonus drive. The application process will be the same and we suggest you take a look at our tutorial.

Is the bonus drive legit? Yes. If you use a Lyft promo code, you will get your guarantee for completing a certain number of rides in a set frame of time.

9. How to Apply for Express Drive

If you are new to the Lyft platform, do not forget to sign up with our promo code. The express application is the same. So, you will get the new driver promotion (offer and/or code subject to Lyft terms). Follow our step by step tutorial:

  • Create a Lyft driver Account
  • Pass the background check
  • Download the Lyft driver app
  • Open the driver dashboard
  • Select vehicle
  • Tap on rent a car
  • Pick up your rental
Lyft Express Drive

10. How Does the Insurance Coverage Work with Express Lyft Rental?

Every vehicle comes with insurance, The coverage may be different depending on the rental partners and the local regulations and/or state laws.

Lyft's insurance coverage applies while you are online. We suggest you take a look at our infographic. Please read the rental agreement carefully as it contains important information regarding your legal right.

Basically there are three different coverages:

Offline or the Driver app is off

  • Physical Damage: The rental company provides $50,000 limit per vehicle, with a $1,000 deductible for which you are responsible.
  • Auto Liability Coverage: The rental company provides coverage for bodily injury and property damage to third parties; coverage and limits vary state by state
  • Uninsured/Underinsured Motorist: The rental company provides (up to what is required by local regulations and/or state laws) in the event of an accident involving an uninsured or underinsured motorist.

Available or waiting for a ride request

  • Physical Damage: The rental company provides $50,000 limit per vehicle, with a $1,000 deductible for which you are responsible.
  • Auto Liability Coverage: Lyft provides bodily injury and property damage coverage to third parties; coverage and limits vary by state.
  • Uninsured/Underinsured Motorist: Lyft provides (up to what is required by local regulations and/or state laws) in the event of an accident involving an uninsured or underinsured motorist.

En route to pick up riders and during trips

Lyft maintains the following auto insurance on your behalf in case of a covered accident:

  • $1,000,000 third-party liability
  • Uninsured/underinsured motorist bodily injury
  • Contingent comprehensive and collision
    • Up to actual cash value of car ($1,000 deductible)

If you are involved in an accident while driving with Express Drive, follow these steps:

  1. STEP 1: Check that you, your rider, and other parties are safe.
  2. STEP 2: Call 911 if necessary.
  3. STEP 3: Contact the Lyft Support in the app by going to Help.

Related Article: Why is My Car Insurance So High?

11. Lyft Express Drive Review

The rideshare rental marketplace is growing fast. Express drive is only one of the options and sometimes not the cheapest one. Recently new rideshare rent apps and dealerships became competitive players. In addition, as we said if you are also an Uber driver, you will not be allowed to drive a car rented via Lyft driver car rental.

We suggest you take a look at our complete guide to rideshare rental services.

12. Lyft Loans

Due to the Coronavirus pandemic, Lyft partners have access to direct financial aid available to individuals who have lost income including loans or emergency cash advances that may be forgivable.

In general it is not that complicated for rideshare drivers, even if non-U.S. citizens, to get loans to buy a car and use your Lyft income to make loan payments.

Express Drive FAQ

Can I use a rental car for Lyft?

Nope! You cannot use a normal rental car for Lyft. You have to lease your car through a rideshare rental. Indeed the car you use to make money with Lyft should always meet the vehicle requirements and should have passed the 19 point vehicle inspection.

Does it cost money to be a lyft driver?

Getting started with Lyft is free. If you rent the car you need the money to pay the deposit. Keep in mind that as self employed there are some hidden costs including:

Related articles: Getupside Review

Does Lyft give you a car?

If you don't have a car or your car doesn't qualify, just sign up to drive with Lyft and you'll get access to flexible and affordable leasing options available, but Lyft will not give you a car.

Can I buy a car through Lyft?

While you can lease from Lyft a car, you cannot get any help to buy a car to drive for the rideshare company.

Can you Get a Mortgage as a Lyft driver?

Yep! You may qualify for a certain mortgage based on your earnings history, credit score and down payment. Keep in mind that as a gig worker, you're really the one in the best position to determine how much of a mortgage payment you can keep up with on a monthly basis.

Rent your car and start make money with Lyft rental car program

Making money driving for a rideshare company like Lyft is a great opportunity to earn extra cash in your spare time. If you do not own a car, you can rent a car to do Lyft. Lyft provides a car to lease for you via their rental car program. Finally if you do not find vehicles available or you want to rent a car for Uber and Lyft, feel free to check other rideshare rental options.

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