One the biggest perks of being a Uber driver is that you are eligible to participate in the popular company’s Uber Financing program. In said program, you can own a brand new car and pay for it on installment basis using your earnings from the rides you give for other people.
Your car payments will be automatically deducted from your earnings every week. This allows you to focus all your attention on giving the best service possible to your clients. Everyone is eligible
for Uber financing. Even drivers who have very poor credit ratings or no credit history at all can participate in the financing program.
With the financing program, you can expect to save thousands of dollars from popular car models manufactured by the likes of Toyota, Ford, Nissan, Hyundai, Volkswagen, Chrysler, and General Motors. This is a great way to own a brand new car if you are currently cash-strapped.
As we mentioned earlier, you will be paying for your car by using the Uber app to give rides to people. At the end of every week, an amount from your weekly earnings will be automatically deducted and applied to your car loan. It’s a payment scheme that benefits all parties involved.
The good thing about the program is that it’s not very strict with its requirements. As long as you are an approved Uber driver, you can apply for the program. If your application is approved, you can get your brand new car within a couple of days. It is that quick. However, you need to understand that Uber works with several lenders.
This means that some lenders have specific requirements that may affect your application. But there’s no need to worry because there are several lenders that you can choose from. As long as you are an approved driver and you agree with the weekly payment scheme, chances are you will get your new car.
Of course, since you are going to pay for the car on a weekly basis, it’s going to take some time before you’ll be able to settle it in full. With that said, make sure that you will be around to drive clients in the next several months before you apply to the program.
Uber offers a flexible time so you can drive whenever you want. You have full control over your working hours. You set your own schedule because you are your own boss. To avail of the Uber financing program, you should visit the company’s website and fill out the application form.