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Uber To Offer In-house Leases To US Drivers

Ridesharing app Uber has announced it will offer an in-house leasing program for UberX drivers in the US. The company has previously partnered with other lenders to offer its drivers reduced-rate leasing options. This is the first move by the company t

Kez Casey

23:2130 July 2015

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Uber To Offer In-house Leases To US Drivers

Ridesharing app Uber has announced it will offer an in-house leasing program for UberX drivers in the US.

The company has previously partnered with other lenders to offer its drivers reduced-rate leasing options. This is the first move by the company to bring those operations under its own roof.

The program, dubbed Xchange, is tailored to suit the financial and driving needs of Uber drivers. After 30 days in the program drivers may return their lease vehicle with only two weeks notice, lower early termination fees also apply.

Leasing

Kez Casey

Production Editor

Kez Casey migrated from behind spare parts counters to writing about cars over ten years ago. Raised by a family of automotive workers, Kez grew up in workshops and panel shops before making the switch to reviews and road tests for The Motor Report, Drive and CarAdvice.