Compare Uber car loans

Cruise into Uber driving with financing that won’t run over your wallet

Key takeaways

  • Weigh the pros and cons of renting a car for Uber instead of getting a loan.
  • Make sure the car meets Uber's rules before you borrow.
  • Make sure to read all the details and costs associated with the loan including interest, fees, insurance, and upkeep, before you commit.

Who is eligible for an Uber car loan?

You can only get a loan from the Uber finance marketplace if you are:

  • A current Uber partner. This means you have already completed the sign-up process and are currently an Uber driver, or;
  • Looking to sign up as a Uber partner driver. You need to be over the age of 21 and have held an unrestricted licence for at least 12 months. Other eligibility criteria also apply.
  • Residing in a city where Uber is available. You need to be living in Sydney, Melbourne, Canberra, Brisbane, the Gold Coast or Perth.

What Uber car loans are available?

There are a few different financing options available:

  • Rental. If you need an eligible car to get you on the road with Uber but aren’t ready for a car loan, you can consider renting through one of its partners.
  • Car loan. Standard car loans are also available with one of Uber’s company partners.
  • Rent with the option to buy at term’s end. These loans function in a similar way to a car hire purchase, where you are essentially hiring the car, and at the end of the term you have the option of owning the vehicle. Another one of Uber’s partners gives you the option to own, upgrade or hand back the vehicle at the end of the term.

Calculate how much you can make driving for Uber

How can I compare Uber car loans?

Uber's loan partners each offer varying features with their loans. You can use these features to compare and find the right loan for you:

  • Structure of the loan. The finance might be a rental, car loan or "lease to buy" scheme, so decide which one will work best for your needs and situation.
  • Type of car the loan is suited to. Some of the partners have restrictions as to what kind of car you can finance with the loan. For instance, you may only be able to select particular new makes and models.
  • Interest rate and fees. How competitive is the loan? Compare the loan with other offers available with Uber's partners. You should also compare them with loans from banks and other car loans lenders to make sure you're getting a good deal.
  • Loan terms. If you're renting the car, how long can you hold onto it for? If you're renting to own, how long are the terms? You also need to check the terms on offer for standard car loans. Will the terms make for manageable ongoing repayments?
  • Additional features. Some loans come with additional features, such as complimentary comprehensive insurance or refundable deposits. Check to see what's available.

I want a different car to those on offer from Uber

Financing through Uber is only done on selected vehicles. At the time of writing for instance, in NSW, Uber are currently only offering financing on the BYD Seal and BYD Atto 3.

If you want something else, say for instance a Toyota RAV4 or a larger vehicle to operate an Uber XL, you may want to compare some of the uber car loans below.

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1 - 16 of 90
Name Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
loans.com.au - New/Demo - Variable Rate
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.24%
to 7.39%
Comp. Rate (p.a.)
7.37%
to 8.5%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$630.83
Go to siteMore Info
Borrow up to $150,000 with rate discounts for electric and hybrid vehicles, flexible terms, early repayment options, and a 3-month pre-approval period.
Stratton Finance New Car Loan
Stratton Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$625.27
Go to siteMore Info
Your own personal car loan broker can help you borrow up to $300,000 for your new car by choosing from a range of finance options.
OurMoneyMarket New Car Loan ($5,000-$100,000)
OurMoneyMarket logo
Fixed1 - 7 Years $5,000 - $100,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
$250
min.
Monthly Fee
$0
Monthly Repayment
$622.82
Go to siteMore Info
Interest Rate (p.a.)
6.19%
to 18%
Comp. Rate (p.a.)
6.6%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$622.21
Go to siteMore Info
OurMoneyMarket Used Car Loan ($5,000-$100,000)
OurMoneyMarket logo
Fixed1 - 7 Years $5,000 - $100,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
$250
min.
Monthly Fee
$0
Monthly Repayment
$622.82
Go to siteMore Info
RACV New Car Loans
RACV logo
Fixed1 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.29%
to 16.99%
Comp. Rate (p.a.)
8%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
$635.67
Go to siteMore Info
You'll receive a fixed rate from 7.29% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.
loans.com.au - Variable Rate Used Car < 5 years
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.39%
to 7.39%
Comp. Rate (p.a.)
8.52%
to 8.64%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$641.54
Go to siteMore Info
Buy a used car up to 12 years old with a loan of up to $150,000 and pay off up to one year early without paying early repayment fees.
Stratton Finance Used Car Loan
Stratton Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$625.27
Go to siteMore Info
You'll receive a fixed rate loan from 6.52% p.a. with a comparison rate of 6.95% p.a.
A used car loan of up to $300,000 with quick approval times and balloon payment options.
Simplify Used Car Loan
Simplify Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.19%
to 18%
Comp. Rate (p.a.)
6.6%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$622.21
Go to siteMore Info
RACV Used Car Loans
RACV logo
Fixed1 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
8.49%
to 16.99%
Comp. Rate (p.a.)
9.21%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
$647.01
Go to siteMore Info
You'll receive a fixed rate from 8.49% p.a.
Benefit from no ongoing fees, 5-hour approval and a 21-day satisfaction guarantee. Interest rate discounts for members.
loans.com.au - Fixed Rate Used Car < 3 years
loans.com.au logo
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.59%
to 8.79%
Comp. Rate (p.a.)
8.72%
to 10.04%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$643.41
Go to siteMore Info
loans.com.au - New/Demo - Fixed Rate
loans.com.au logo
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.89%
to 8.09%
Comp. Rate (p.a.)
8.02%
to 9.2%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$636.87
Go to siteMore Info
You'll receive a fixed rate of 6.89% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment.

loans.com.au - Variable Rate Used Car < 3 years
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.39%
to 7.39%
Comp. Rate (p.a.)
8.52%
to 8.64%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$641.54
Go to siteMore Info
loans.com.au - Fixed Rate Used Car < 5 years
loans.com.au logo
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.69%
to 8.89%
Comp. Rate (p.a.)
8.82%
to 10.14%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$644.35
Go to siteMore Info
loans.com.au - Fixed Rate Used Car Loan (6 to 7 years)
loans.com.au logo
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
8.99%
to 10.19%
Comp. Rate (p.a.)
10.12%
to 11.44%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$656.62
Go to siteMore Info
loans.com.au - Fixed Rate Used Car Loan (8+ years)
loans.com.au logo
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
12.69%
to 13.89%
Comp. Rate (p.a.)
13.8%
to 15.14%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$692.31
Go to siteMore Info
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Showing 16 of 16 results

What are the alternative loans to those offered by Uber?

Selecting a loan offered by Uber isn't the only way to finance a car to drive with Uber. You can also consider loans offered by banks, credit unions and standalone car loan lenders. Here are some of your options:

  • Secured car loans. If you find an eligible vehicle you can use it to guarantee the loan. These car loans come with very competitive rates and you can choose from fixed or variable rate loans, depending on what works best for you.
  • Unsecured personal loans. Are you planning on buying a used car? You might want to consider an unsecured personal loan. You can select fixed or variable rate loans from a range of lenders and have between one and seven years to repay.

What lenders are available?

At the time of writing, Uber has partnered with the following lenders to offer financing options:

Keep in mind that not all of these partners will be available in every city.

Compare your Uber rental options below

Product AUFCL-UBR Price Per Week (from) Insurance Included? Membership Fee Excess Distance Cost
Splend logo
$188
Yes
$275 (26 week rental period)
$0.10 per km
Get access to fuel discounts, referral bonuses and member only benefits when you rent a rideshare car with Splend. Flexi and Flexi own options available.
More Info
DriverLend logo
$77
No
$0
$0 per km
Driverlend is a finance broker. Lease or buy a car with Driverlend and you could get up to 20% discount on dealership prices for a new vehicle.
More Info
DriveMyCar (Uber) logo
$160
Yes
$0
$0.10 per km
Get insurance, maintenance and 24-hour roadside assistance in the all-inclusive price. Discounts available for longer rental periods.
More Info
Europcar AU logo
$225
Yes
$0
$0.25 per km
Benefit from 24/7 roadside assistance, a wide range of vehicles and no signup fee to start driving with Uber. A minimum four-week rental period applies.
More Info
Hertz Uber Rental
Hertz logo
$217
Yes
$0
$0 per km
Benefit from 24/7 roadside assistance, no lock-in contracts and no joining fees. Rego and comprehensive insurance are included in the cost.
Splend logo
$319
Yes
$990 (Joining fee)
$0.10 per km
Rent a car and pay it off as you go with no lock-in contract, membership benefits and flexible rental options
More Info
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Becoming an Uber driver is a great option to consider. If you’ve decided to be a driver, Uber car loans could be the icing on top of an enticing cake, helping you get into an eligible vehicle to get you onto the road as an Uber partner.

Frequently Asked Questions

Elizabeth Barry's headshot
Journalist

Elizabeth Barry is an experienced journalist with over 10 years of expertise in personal finance, contributing to outlets like the ABC, Sydney Morning Herald, and 7News. She holds a Master of Arts in Creative Writing and a Bachelor of Arts in Communication from the University of Technology Sydney, and has earned multiple award nominations, including a Highly Commended recognition at the 2017 Lizzies. Elizabeth began her career at Finder in 2013, progressing through roles to become Lead Editor, where she oversaw a wide range of personal finance coverage until 2024. See full bio

Elizabeth's expertise
Elizabeth has written 210 Finder guides across topics including:
  • Banking
  • Personal finance
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4 Responses

    Default Gravatar
    SerenaMarch 17, 2019

    Hi, I already have a secured personal car loan with a credit union. Can I still claim the remaining payments against the tax if I began working for Uber?

      AvatarFinder
      JoshuaMarch 18, 2019Finder

      Hi Serena,

      Thanks for getting in touch with Finder. I hope all is well with you. 😃

      I’m afraid I can’t provide a straightforward answer to your question, Serena. However, generally speaking, you can make tax deductions when you drive Uber. Anything that you spend for business purposes can be deducted on your tax.

      Since we are not tax experts, it would be a good idea to speak directly to a tax specialist. They should be more than happy to assist you with your query.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

    Default Gravatar
    LalaSeptember 25, 2016

    Good morning,

    My name is lala looking for van for uber and i am a uber client just need car pls help or to see if i can lease or rent or just options to take for uber driver .

      AvatarFinder
      ElizabethSeptember 26, 2016Finder

      Hi Lala,

      You can find out about your car financing options through the Uber car finance guide on our website.
      Hope this helps,

      Elizabeth

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