Uber and Lyft are now available across all major Canadian cities!

Residents of Edmonton, Calgary, Toronto, Ottawa, Montreal, and Vancouver are all using the popular rideshare apps! 

Are you thinking about becoming a rideshare driver? Whether you’re considering Uber or Lyft as a side hustle or full-time occupation, you’ll need the right wheels to start.

And since Uber and Lyft's lease and rental options are very limited, and they don’t yet offer financing in Canada, you can accelerate your rideshare career with Canada Drives!

Read on to find out how easy it is to find the right vehicle and financing...

Best type of vehicle for driving rideshare

Vehicle requirements for Uber and Lyft vary by province. But generally, the vehicles best suited for this job aren’t gas-guzzlers or two-door speedsters. To drive for Uber or Lyft, your vehicle must:

  • have 4 doors
  • be less than 7-10 years old (varies by region)
  • be in pristine condition

Since gas will be one of your biggest expenditures, this is an ideal time to consider purchasing a roomy hybrid vehicle.

Read more: Writer Picks: 5 of the Best Cars & SUVs for Uber & Lyft

Even if you have bad credit, Canada Drives can help you get a car loan AND a car within 72 hours, so you can start earning immediately! Click to get started.

How to get approved for a Lyft or Uber car loan

A car loan for Uber and Lyft drivers can ultimately help boost your earning potential AND build credit. Here's how you can ensure you get approved - even with bad credit!

Understand your budget

If you want to find vehicle options that fit your budget, you should form an idea of how much you can afford every month. Our car loan calculator will give you a rough estimate of what to expect. If you want to trade-in your current vehicle for something newer, your trade-in vehicle will lower your monthly payment, so make sure you factor that in. You can find out more about your vehicle’s trade-in value here.

Consider a pre-owned vehicle

To keep vehicle costs lower, think about buying a nearly new or a certified pre-owned vehicle. You’ll get almost all the benefits of a new car but at a lower purchase price. More of your earnings can go in your pocket, not to car expenses.

Get preapproved online

At Canada Drives, our mission is to get you driving as soon as possible. Even if you have bad credit or no credit, we'll can get you approved and matched with a local dealership that knows how to help. Click to get started.

How Canada Drives helps Lyft & Uber drivers get car loans 

If you’ve been declined for finance in the past, you’ve come to the right place. Here's why more and more Canadians are choosing Canada Drives:

  • We work with ALL credit situations: Bad credit? No credit? No matter where you are on the credit spectrum, our digital doors are open 24/7!
  • Easy online application: We have made the online application process extremely quick and painless. It takes 2 minutes to complete!
  • Fast pre-approval: Don’t waste time looking at vehicles you can’t afford. Apply and get preapproved in the same day!
  • $0 money down: If you want to reduce your setup costs, we have zero down options for you!
  • No more face-to-face appointments: We do everything by phone or email. It means less paperwork and less effort for you!
  • Tried & trusted: Since 2010, we've been helping customers find great cars and affordable loans! But don't take our word for it; check the reviews for yourself!
  • Our service is FREE: What have you got to lose? See what you're eligible for today!
  • We're nationwide: We serve ALL provinces, counties, cities, and towns!

Here's how it works: 

Step 1 - First, we ask you to pick a vehicle type. By indicating which type of car you are looking to finance, we are able to find dealers that have this particular kind of vehicle in their inventory.

Step 2 - Next, you need to fill out our online Car Loan Application form. The application takes just 3 minutes and we only ask for basic details. With this information, we are able to determine how much you're eligible for. 

Step 3 - Then, we'll match your application with a certified dealer partner who is able to discuss your vehicle options. You can expect to be contacted by a dealership near you that is in the best position to offer you a suitable vehicle with a monthly payment that makes sense.

Get your Uber car loan AND your vehicle within 48 hours

Don't wait to start earning money as a rideshare driver! Get preapproved online today! Whether you have good credit, bad credit, or no credit at all, Canada Drives specializes in approving customers for finance and matching them with a local dealership that can help! It only takes 3 minutes to apply, and you could be driving home as soon as tomorrow!

More resources

Forget the jargon. We make car finance easy. Find out more about financing your next vehicle:

Apply for Your Car Loan

Your online application takes only 3 minutes to complete and we only ask for information we actually need.

Get Approved Today

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