Uber offers lease program for drivers who can't buy a car

The notorious 2.7 sludge bomb. What a turd

 

My wife drives a 2003 CR-V awd that runs great, has 187k on the meter, was given to us when my parents retired to Florida. I've offered to buy her a new car, she doesn't want one. The crv serves her will in the 5 miles that she puts on it every day

 

It is optimal for taxes, you lose money so don't owe any taxes! !

 

Lose enough money and they should pay us. Oh wait. That's welfare. Nevermind.

 

How's that?

It is a 1099 IC situation.

Yeah and the auto companies are diversifying into things like self-driving cars hoping to hedge against another crash they know they are making. I hope this time we don't bail them out, they still have the same attitude, a sale no matter what is a sale and who cares if the car we sold today is going to compete with a car we make next year.

 

I dont buy cars, i lease them. when you buy a car and when you decide to sell it, you are always upside down and monthly payments are higher than the lease.
At the end of the lease term i return the vehicle and get another brand new headache free vehicle.
These days car prices are way over inflated. its like when you are selling it doesnt worth sh##. but when you are buying they are asking arm and a leg.
So either you ll get 2000 toyota which you ll be able sell it for the same money you paid for or lease if you like brand new stuff.

 

Not cost effective for everyone to lease. My personal vehicle gets 50k minimum a year on it. By the time you factor in extra miles onto the lease, its not worth it.

 

Im not saying that everybody needs lease. im just saying whats been working for me.
My main point is car prices are more than it should be, hence the deficit when selling or trading.

 

I know prices are insane. $40k for a vehicle that lasts 5-7 years tops and then you turn around and trade it in for $3500. In all reality, after the 3rd or 4th year, the depreciation is so minimal that you may as well just keep driving it until it craps out.

 

So this is what ubers CEO meant when he said "ride-share" was going to be the next auto industries boom. Of course, if only more "access" to Uber meant more drivers in leases-contracts to contract out more "access" to Ubers' "ride-share" vision.
Mother f ucking genious.
Now here come the law suits.