In my area, a Tesla from Hertz for uber costs $280 after 7 weeks of renting one + $210 monthly incentive for renting an EV. You have to take into account depreciation when comparing renting vs buying one, and rideshare and personal insurance, and repairs and maintenance and $250 per tire, etc. In the end, it comes out to about the same as owning one if the weekly rate is under $300, but only if you do it full time. If you do it here and there, renting is not worth it.

For me its worth it. I spend $200 plus a week on ubers to work and am inbetween cars so its an opportunity to make extra money and have a car for the meantime.

In my state an EzPass transponder was attached to the windshield so I assumed that if I drove on a toll road I would be charged whatever the toll was. Little did I know that if the transponder is used, you will automatically incur a fee of between $17-$25/day ($129/week), which makes no sense unless you are driving in and out of Manhattan 2-3 times a day. Also, supercharging fees were billed through a third party and they are 3-4 times what you would normally pay directly to Tesla. I rented on two separate occasions and neither car had a charging cable, which I thought strange (my personal Tesla was being repaired, so I have a cable).

Hmm...Monthly payment + increased insurance costs + Maintenance items (especially tires) + Charging + depreciation + lack of vehicle if in accident VS. weekly cost + charging. It's not yours so if it breaks, not your problem in the long run, just long enough to trade it in and get another. Nor worrying about the depreciation of it after you have put a million miles on it. If you're in an accident, you're going to lose some money either way in deductible. Seems better off to rent IMO, at least when it comes to long-term use. Maybe not in the short-term, but I'm talking a year-by-year use breakdown.

You hit the nail on the head!!!! Renting vs Purchasing

In my area we can rent it for 6 months. It all depends, I pay average of $630/week with charge included. I make $2000/week. Yes it is high but for me to work till I can get my own is OK. If you not making enough with this rental or driving less than average, not worth it.

Liked the video! I rented through hertz for a week. More just to have a Tesla for a week for the future next car. For sentry since can pull up on screen that would be easiest way to pull up then record the screen. Mine came with the 110 plug and mobile connector so was nice to have that as well. Real bummer no app access though that would have been nice.

I rented through Uber just to see if a Tesla is something that I might want to do gig work with I ended up buying one with insurance and payment it's $1,000 a month I was paying $700 a week I would recommend getting a long range with the standard I had to charge twice a day with the long range I charge at home easily up to about 85% go out and make my $150 now I do multi app with several apps I usually get home with about 25 to 30% left try to stay at 100 to 150 Mi a day when I rented I didn't care about mileage is the only good thing I make double payments also getting it paid off as early as possible is also a good thing saves on interest

I am renting and yes the glove box is locked and also speed limit mode turned on and set to 120mph which makes no sense. But I do have access to the app and I can even access the car with my Apple Watch, don’t use the key card at all.

The 30 rides minimum was messing me up cuz i work overnights and it was hard to fit into my schedule.

That $2500 deductible is beyond ridiculous

Cons are WAAAY too much for me to ever consider renting. However, you really make a good case for buying one of these.

Thank you for the information. Great video. I just want to correct you on one thing. You do have access to the Tesla app. I changed 3 Teslas already and I had access for all of them. You just need to wait like 2 days before activating it by scanning the code bar. I am in Montreal Canada btw but for USA should be the same for sure.

why is it even legal to charge that much to rent?

in my scenario I am in a pinch and do need a car. This has been great and zero issues hitting the 435 + 30 trips mark. Normally I do IT and Uber part time. I lost my job about a year ago and struggling to get back to work. Once I am back to work and comfortable with my new role, I will be purchasing a Model Y. I personally prefer the SUV model and sadly Hertz for our location doesn't have the Model Y's anymore. I must say in my own personal experience so far the 2 ladies there have been nothing but nice to me. Helping as much as possible due to the fact that I live in the Springs and rather not drive to Denver for every check in. However, I have heard all the stories at that location and thankfully none have come true for me at least.

Rented a M3 from Hertz for 12 days in Germany. Had full access to the glove box and used my own usb drive to record clips. (In April 2023).

they want the tire rotated every 10K miles. you will have to do that yourself if you own a tesla. If you need a car, it's a good deal. I went out and bought a model Y and making great money with it..(Uber Comfort)

Yes in my opinion it is a rip-off because you got to put all that money out for rental when you could be putting that money in your pocket with your own vehicle

I am renting through Hertz with Uber while my van is getting some bodywork this week. My deductible with the program is $1000 not $2500. Plus by paying Hertz $10.52 a day extra for added insurance I have extra coverage on my insurance with no deductible which is a must. So I am paying about $475 which makes it worth it for me for the week.

I switched over to drive whip this will be my first time getting a Tesla but I can drive for any platform with no minimum rides basically your leasing the car and they put your name on the insurance and everything so you have access to Tesla app so I’m excited because hertz is a hot mess never again

I fully own my second car, a 2016 Toyota Corolla with only 85k miles that I only drive for part time for Uber. Guess what? I don’t have any kind of car payment on that. If I rented a Tesla, I am sure that my weekly payments would be like I’m paying for a car payment again. It would be high enough that it would also include that car payment plus gas. Your video surely shed insight on the numbers. I rather keep my fully paid Corolla that I only do part time driving for Uber. If I rented, I would have to slave away just to make the weekly payments. NO THANKS.

I use the Uber Hertz rental. And on the days that it's slow, I'll go back and use my normal car. I'm not getting very many trips. I've been noticing it from the last week. It's been really slowing down with this rental. I don't know if anybody else is having this problem. I have 30 trips but I have some with the rental and some with. My daily driver. Will hertz know im using 2 cars for the 30 trips?? We will.soon find out.

Holy shit its EXPENSIVE, I upgraded to model Y....including charging about $800 a week. I bought a new Y on the 28th of December...brilliant with the cash bonus by uber. Most importantly as an owner I can multi app.

Not worth it! Why so many people do that??? Better to buy used Toyota, monthly payments will be around $200, and you’re good.

How do you use the Uber rental through Hertz with Lyft as well? Yeah and how much do you pay for insurance on your car and if you buy a new car and use it for Uber, which very few people recommend, your personal car goes through lots of wear and tear on your car and putting 60k miles on your own Uber car a year for 2 years your at 100k miles easily and you have to buy a new battery and with 100k on the Tesla good luck finding somebody to buy it batteries only last about that long…

Can anyone explain all expenses and profits for the driver.? SAFE?😮

Hello Am ask you how much make after pay all. What profit left for you?😮 And how you proof expenses for electricity when you charge car at home. 😮

but with the rental you dont acquire the wear and tear or have to deal with a 25k battery replacement

I do 30 rides a day

I pay around 730 a week in Las vegas

I’m running from Hertz it’s about $550 a week

Are you a full-time gig worker?

Here in florida tesla insurance is so expensive that why i rather rent from hertz they quote me 800 a month in insurance

Have they screwed you on payments

Is good really cause it pays more on taxes

Great channel

Can I use a debit card or it has to be credit card. I was told I can use my debit card , just wanted to make sure ?

So how much are you making a day while renting, with how many hours of work

It’s a $2500 deductible even if it’s your car

I’d be using my Amex for the rental car insurance

Can you do UberEATS with it instead of Uber rides

Is best to buy a Tesla instead of renting

This video failed to explain that car payment is for 60-70 months and as a full time Uber/Lyft driver your going to put at least 8k-9k miles on the Tesla every month. This video also fails to explain the Tesla will be out of warranty within the first 12 months of ownership with a full time Uber/Lyft driver. The best and ONLY car a full time Uber/Lyft driver should purchase new is a Prius or Camry. The Honda Accord is a good car as well and would round it my top 3 cars for Uber driving full time. NEVER purchase the Tesla used or new it's DEFINITELY not a car that's practical for Uber/Lyft driving full time. I also have to MENTION with the Tesla you'll be watching your life disappear having to fast charge at least 2-3 times a day or every 3-4 hours. This will definitely turn your 8 hour shift into a 10 hour shift every time and there's no way around it. I'm a full time Uber driver in Orlando, Florida and I've rented the Tesla for 4 months straight. I was making $2,100-$2,500 per week driving my personal gas car driving the full 12 hours per daily shift that Uber allows. I'm the Tesla in making $1,700-$1,850 per week and this is due to the constant 45 minutes per charge and charging at least 2-3 times per 12 hour shift. Whoever believes Tesla is the car to use for ride sharing is an idiot 😔

How much to charge to full at Tesla Supercharger ?

OMG!….sounds like a nightmare 😮

No it is never ever worth renting under any circumstances.

It's hard enough to make money with your own vehicle yet rent one if you do that I guarantee you you will be broke you will be disappointed and you will be broke and working 12 hours 8 day

This is the biggest scam ever, you have to be a fool to do this, you make no money. You are paying to rent a car.

So…buy one (in payments), put over 100,000mi a year on it and end up upside down on the cars worth? I’m honestly trying to understand.