Sports Now
UFC 190: Ronda Rousey KOs Bethe Correia in the first round
Topics

Toyota Motor Corp.

Uber tests car leasing program for drivers

Uber tests car leasing program for drivers

Uber has spent the last five years connecting drivers with passengers. Now it’s connecting drivers with car leases. The San Francisco on-demand transportation company announced Wednesday a pilot car leasing program in California, Georgia and Maryland that will offer Uber drivers the option to lease a car. To be eligible, drivers must sign up with the Uber platform. If they want to lease a car, Uber refers them to its subsidiary, Xchange Leasing, which then connects them with a car dealership. Drivers can choose from new or used vehicles. According to Andrew Chapin, Uber’s head of Vehicle Solutions, drivers pay a security deposit of $250. Unlike with traditional auto leases,...

Loading
68°