Uber Technologies Inc., a popular global transportation network company, is partnering with Enterprise Rent-A-Car to attract more drivers.
According to Fortune, Uber is in need of more drivers, even those who don't own a car. To make this happen, the company partnered with Enterprise Rent-a-Car and piloted a program in Denver.
The program allows drivers with "Uber-approved" drivers access to rent a car in Enterprise Rent-a-Car with a discount. Drivers can rent a vehicle for only $210 every week excluding the taxes and fees. The rent will be automatically deducted from the driver's earnings.
During startup, the driver must pay $40 which is not refundable and deposit $500 to be paid back after the driver returned the rental car in good condition. Among the cars available for rent are the low-mileage Toyota Corolla, Hyundai Elantra, Nissan Sentra, Chevy Cruze and Ford Focus vehicles. The California-based company is considering expansion in the future which may include more cars and cities.
After a rental agreement of not less than a week, given that the drivers established a good relationship with Uber and Enterprise, the agreement may be extended for up to four weeks. The vehicle that has been rented must be checked for inspection and mileage every month.
Aside from the aforementioned program, Uber also launched other projects to attract possible Uber-drivers who don't own a car or whose cars don't meet the standards of the company. The company announced a new version of its car-leasing program last July. The said program is called the Xchange Leasing, which enables the company to directly lease vehicles to drivers of UberX, Uber's cheapest ride sevice.
Gizmodo also reported that Uber partnered last year with big companies namely General Motors and Santander Consumer USA . The partnership's goals was to issue auto loans to prospective drivers. The program didn't work out because both partners underwent federal investigation for giving off subprime loans.
