Best Used Cars for Uber and Lyft Drivers

We also looked at new information from the personal finance data service ValuePenguin, which estimates that a ride-share driver’s expenses increase by 25 percent and profits dip by 12 percent for every four gas fill-ups in a month. We also studied online forums to find out the challenges Uber and Lyft drivers face. Then we looked at the results of our Annual Auto Surveys to find out which affordable used cars are best at meeting those challenges. We didn't recommend any new cars because they depreciate too quickly to make much financial sense for ride-share drivers.

Some of these models carry our new Green Choice designation, which highlights vehicles with the cleanest emissions. (You can read more about Green Choice here.)

Of course, potential ride-share drivers should check out their local laws, which can put stricter requirements on licensing and car choices. Using a vehicle for ride-sharing could also void or reduce its warranty coverage. And insurance costs could go up if you use your car for ride sharing.

If need to replace your car and you drive for a ride-sharing service, take a look at our list.

Keywaylock
10/02/2023
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