Uber driver hopping in car

Uber Marketplace

Looking to sign up to drive with Uber but need a vehicle? Everything you need to know about the Uber Marketplace.

As Uber becomes more commonplace in our society and continues to change the way peo.0ple move from Point A to Point B, there’s a lot to know about the ride-sharing platform. This article goes into some details about what Uber Marketplace is and how potential Uber drivers can use it to their advantage.

What is the Uber Marketplace?

The Uber Marketplace is designed to connect new and existing drivers with vehicle rental, leasing services and finance providers that can help you get the vehicle of your ride-sharing dreams. It connects you with services that can help you get on the road faster and start driving with Uber. Due to the number of services that are available, it can be a daunting process for new and existing drivers so Uber has done the hard yards for you.

How does it work?

Head to Uber’s website and select the Marketplace that is available in your city. This then shows you the variety of options you have to choose from. You are able to review rental options, rent-to-own options or buying a car. You can select the option that you want, and then choose from the trusted rental providers that are on offer, such as Splend, Hertz and many more.

Looking to hire a vehicle to drive with Uber?

Rates last updated February 21st, 2018
Name Product From Price Per Week Insurance included Membership Fee Excess km cost Product Description
Splend Car Rentals
$269
Yes
$275
$0.10
Rent an Uber-ready vehicle from Splend and get access to fuel discounts, referral bonuses and member only benefits. Rent-to-Drive and Rent-to-Buy options available.
DriveMyCar Uber Rentals
$179
Yes
$100
$0.20
A peer-to-peer rideshare platform that offers insurance, maintenance and 24-hour roadside assistance in the all-inclusive price. You'll get access to discounts if you rent longer than six months.
DriverLend
$77
No
$0
$0
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.
Europcar Uber Rental
$185
No
$0
$0.25
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.
Hertz Uber Rental
$217
Yes
$0
$0
You can Rent a car from Hertz get access to 24/7 roadside assistance, no lock-in contracts and no joining fees. Limited areas.

Compare up to 4 providers

What are the benefits and features of the Uber marketplace?

Some of the benefits and features included with the Uber Marketplace include:

  • You immediately have access to a variety of providers. There are many providers to choose from that are trusted by Uber, including Hertz, Splend and Ace Rental Services, as well as many more. These usually have Uber-specific packages available which include roadside assistance, registration and comprehensive insurance covered in the fee you pay, and you also have access to scheduled maintenance.
  • Immediately see the prices of potential options. Once you choose the option that you want, you can find lenders immediately and see their prices. This can help you to select a vehicle that is more the speed of your budget.
  • Learn about the terms available. You also have immediate access to the terms of the lender and what the joining fees and exit fees are. Some lenders have minimum terms of three days for short-term options and monthly options for long-term lenders. However, this varies from lender to lender and depends on what you are looking for in a vehicle.
  • Learn what cars are on offer. The lenders will also show what kind of models are on offer, such as new or near-new models or a specific kind of car that is available, such as a 2017 Trax SUV.

What’s the difference between using Uber Marketplace and using a vehicle rental?

With using Uber Marketplace, you have access to a variety of trusted lenders who offer Uber- specific vehicles. This means that with some lenders, roadside assistance is offered as well as replacement cars and unlimited kilometres in order to keep you on the road and earning with Uber. This is not often the case with using a vehicle rental service, as some lenders might offer a replacement car but it might not meet the standards set by Uber.

What else do I need to know?

Using Uber Marketplace immediately puts you in touch with trusted Uber rental vendors. It’s important to consider your budget and your earning potential with Uber before making a final decision. There are also eligibility requirements you need to meet in order to get a vehicle with these lenders, as well as fees and charges that are associated once you agree to sign up with one of them. It’s also important to remember that you are in charge of any external costs associated with this vehicle, such as fuel, unscheduled maintenance and new tyres. Although some lenders might include scheduled maintenance and take care of registration fees and insurance costs, they may not cover external costs such as those mentioned previously.

Getting a vehicle through the Uber Marketplace is something to consider if you’re wanting to get on the road faster and want a vehicle that is trusted by Uber. You have access to a variety of options which are to your advantage. However, go through the vendors available and ensure you find the option that best meets your needs.

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