After dropping $250 up front for her lease of a 2015 Honda Civic, she pays $160 a week to Xchange. If she keeps the car for the full three-year term, she'll ending up paying Uber $25,210. The Kelley Blue Book fair purchase price for a new 2015 Honda Civic SE in Los Angeles is $18,142. Schmitt said that she'll need to pay Uber another $5,000 or so to buy the car if she wants to keep it at the end of her lease.

If this is your only option due to a low credit score, this is your chance to get into a new Toyota automobile. But, and that's a huge BUT, I'd definitely recommend seeing what the dealership can do for you first because they do advertise lease rates at a quarter than what Uber charges.

It makes sense. If you sit parked with the engine running, you burn gas. If you drive around aimlessly content, you burn gas. In this case, the San Francisco Cab Drivers Association was caught with their tanks on empty. Some people call this disruption but I call it laziness, content, sitting fat, dumb and happy or reactive and definitely not proactive.

The San Francisco Cab Drivers Association (SFCDA), an association for registered taxi drivers that promotes fair working conditions and business practice, reports that one-third of the 8,500 or so taxi drivers in San Francisco – over 2,800 – have ditched driving a registered cab in the last 12 months to drive for a private transportation startup like Uber, Lyft or Sidecar instead.

Leasing with Uber Can Be Downright Expensive →

Sitting Idle Costs Money or in this Case Drivers Too!