Free preview · from the dealership side of the desk
People buy cars for rideshare and delivery every day and make the same mistake: they shop like a commuter, with a payment that feels manageable, then drive three or four times the normal miles. At 30,000 to 50,000 miles a year, depreciation, tires, brakes, insurance and interest become per-mile costs that come straight out of what the apps pay. If your car costs 30 cents a mile and you drive 40,000 miles, that’s $12,000 a year out of your earnings.
From the dealership side, we see this buyer often: approved for a long loan on a vehicle that’s wrong for the work, sometimes with a high rate and add-ons rolled in. Free tip: call your insurer before your first trip; personal policies often exclude time you’re logged into an app. Below: what the platforms generally require, the insurance gap, a worked cost-per-mile example, high-mileage depreciation, financing pitfalls, rent vs. lease vs. buy, how to choose the car, and what to say.
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In the full guide
- What the platforms generally require
- The insurance gap
- The cost per mile: a worked example
- Depreciation at high mileage
- Financing pitfalls
- Rent, lease or buy?
- How to choose the car
- Your game plan
- What to say
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