Clash of the Choices: Car Lease vs Finance for Uber Driving! (DID YOU KNOW Ep.3) #uber

Read our blog post at https://carsimplyclub.com/lease-vs-finance-for-uber-driving to get more in-depth information on if you should You Lease or Finance a Car in 2024? The Truth Behind Car Leasing vs. Car Financing for Uber! | 'DID YOU KNOW' Episode 3

Is driving for Uber even worth it in 2024?
What is the disadvantage of driving Uber?
How risky is being an Uber driver?
Can you make a living off Uber?
Watch this video to find out! -- In this 3rd 'DID YOU KNOW?' episode we discover the pros and cons of car leasing with the intent of paying it off doing Uber in 2024 and determine if it's still worth it for drivers.
Explore the advantages, such as lower upfront costs and access to newer vehicles, as well as the potential drawbacks, including mileage restrictions, long-term financial and the toll on the body, commitments.
Get the insights you need to make an informed decision about leasing a car for your Uber business in the current year.
Is Uber still a viable option for drivers?
Find out now.

This video's contents:
0:00 - Introduction - Is it better to lease or finance a car in Canada?
0:19 - Is leasing a car through Uber worth it?
0:34 - PROS or positive sides to leasing a car for Ride sharing purposes
0:35 - Lower initial costs
0:50 - Leasing new cars
1:04 - Reduced maintenance and repair expenses/ Who pays for maintenance on a leased car?
1:20 - Tax deductions
1:35 - CONS or negative effects to consider if leasing a car for Ride sharing purposes
1:38 - Monthly lease payments
1:52 - Car lease mileage restrictions
2:04 - Limited car customization on a lease
2:17 - Wear and tear on a leased vehicle
2:32 - How Market saturation Competition/Overcrowding in certain areas reduce earnings
3:14 - What are the physical and mental health risks with Uber drivers?
3:59 - 4 BONUS Points to Consider:
4:09 - How to Evaluate your Earning potential
4:20 - Personal preferences
4:30 - Long-term financial goals
4:43 - Health and well Being
4:54 - Conclusion

I hope you enjoyed today's video!

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Please let us know if we should make a video on the following related topics or feel free to suggest anything we should touch on To Help Empower You as a Newer driver or
as a Seasoned Car Driver in Search to Update your Car Knowledge.

Related Questions & Topics:
How to lease a car for the first time?
How to write off your car as a business expense Canada?
What is acceptable damage on a leased car?
Is Uber driving worth it in Canada?
What is taxi driver syndrome?

Thank you for watching!

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