Auto Title Loans For Uber, Lyft, and Ride Sharers
Uber. The Pioneer of the Ride Share phenomenon that has changed the landscape of transportation. From coast to coast, their business model of making regular drivers make a living of giving rides to others has been a Cinderella success story likened to that of Tesla. Even here in the Valley of the Sun, their contribution has not only provided jobs to people that need some extra spare change, but also to those in need of a car! This business also spurred on competition, such as Lyft, Car2Go, and the like. It’s the spirit of entrepreneurship, but even that comes with costs. That is why we at Phoenix Title Loans wish to offer our services as a ‘partnership’ of sorts. Here we offer reasons to get Auto Title Loans Uber, Lyft and Ridesharers can invest in.
What benefits in Auto Title Loans Uber, Lyft and Ridesharers can Invest in?
There are three major benefits in getting Auto Title Loans with Phoenix Title Loans:
- The loans are an extra source of income. This income is independent of your already existing income with Uber. That way, you can maintain the money you get from Uber without having to tap into that funding yet.
- Use this money for maintenance and repairs. Here you can maintain your vehicle for your business with this money. You can also use this income as an investment to build on other vehicles as a means to expand your options in driving for Uber.
- This is a boon when you are starting with Uber, Lyft, and the like. If you have started within 30 days, you may qualify for our No Job Auto Title Loan. If you have been with Uber for more than 30 days, then you may qualify for our many other loans, like our Toyota Title Loans (based on the Prius), or Ford Title Loans, and more.
How do you get an Auto Title Loan?
The basic procedure is universal in its structure. First, make sure you’re an Uber driver (or starting out as one). Second, if you have a vehicle (yes, for now you must be an owner of a vehicle) bring it to any of our locations; along with the vehicle’s title and current, valid Arizona State-issued ID. In most cases, it’s the Driver’s License. Once we have these things and verify, the simple matter of handing out the money will take place in a few moments. The process itself is usually less than a half-hour on average. Sometimes, it can be as quick as five minutes!
What Can You do With This Money? Any Stipulations?
The one major takeaway from our title loans is that you can invest in your vehicle. Now that you’re an Uber Driver, you can use their platform as a means of living and our auto title loans to further your own personal goals or your own Uber business model to help attract more customers. However, please understand that we do not condone breaking from Uber’s terms of service or policies. Just that we are offering our assistance in shouldering some of the day-to-day burdens with our title loans: burdens such as gas, car maintenance, emergency situations or breakdowns, and more. Also, this IS a loan. As such, it does require to be paid back.
This is a symbol of our partnership. We provide the loan based on your vehicle’s potential loan-to-value, you offer to pay us back in installments. This is why it is so important that we make sure this partnership is handled professionally. We know that as an Uber/Lyft/Ride Share driver, the money is there if you work for it. So we know you can make up the loan back with enough rides on a consistent basis.
Why Go to Phoenix Title Loans?
We understand the importance of running a business and covering expenses while maintaining profits. We were able to remain in business for over a decade because of this. That’s why we are eager to help Uber drivers as we know they are essentially their own businesses. In supporting our fellow Valley residents turned Uber drivers (or Lyft drivers as well), we’re showing our investment to these future business executives. If you want to make a difference as an Uber driver, know that Phoenix Title Loans is here to help invest, no matter where you are in the Valley.
