Lyft to Let Drivers Rent GM Cars

Ride-sharing visitor Lyft has announced a new program for drivers who don't have wheels or would rather not utilise their own vehicle to transport passengers.

Nextcar Bug art Dubbed Express Drive, the platform lets Lyft drivers rent GM vehicles. It will boot off in Chicago earlier making its way to other cities, including Boston and Washington, D.C.

"Last year in Chicago lonely, 60,000 people applied to drive with Lyft but didn't take a qualifying car," the companies said in a statement. "Express Drive solves this problem and offers millions of potential drivers a dynamic fashion to earn money while driving on the Lyft platform."

The news comes after GM invested $500 million in Lyft last year. The investment, which is part of a broader $1 billion Series F funding round for Lyft, promised to incorporate GM cars into the Lyft feel, merely few details were released at the fourth dimension. In addition, the companies are collaborating on new technologies, including cocky-driving cars.

According to the companies, the service will let people who want to drive with Lyft to simply rent a car for a set fee. Regular Lyft drivers, however, won't demand to pay the rental fee, and those who drive more will not exist required to pay every bit much over time. "In short: The more y'all bulldoze, the less you pay," Lyft says.

On its website, Lyft is advertising a Chevrolet Equinox for no actress accuse, provided you give at least 65 rides per week, though if you employ the car for personal use, that'due south $0.20 per mile. If you provide at to the lowest degree forty rides, it volition be $99 per week; give fewer than 40 rides per calendar week and it'due south $99 plus that $0.20-per-mile fee.

Each Limited Bulldoze car includes insurance and maintenance, and can exist rented for up to eight weeks at a time.

"Along with the Power Driver Bonus, tips, and same-day payouts, Express Drive is another style Lyft treats driver ameliorate, giving them access to flexible earning opportunities without the hassle of total automobile ownership or expensive charter deals," the company said in a statement.