Ford’s Drive Rideshare Mach-E Program Is Good For Uber Drivers That Do not Perceive Math

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Ford's Drive Rideshare Mach-E Program Is Perfect For Uber Drivers That Don't Understand Math

Automakers have been trying to get in on the recognition that’s ridesharing for awhile. Whereas the outcomes have been combined, some like Ford are nonetheless making an attempt. The automaker has a singular program for rideshare drivers that’ll allow them to drive a Mustang Mach-E, but it surely’s not low cost.

This system known as Ford Drive. Whereas the positioning says it’s solely out there in L.A., San Francisco and San Diego, it’s supposedly out there throughout California. Which is to say, it’s solely out there in California for now and is simply out there to people who’re already driving for Uber. It permits drivers to enroll and pay for Mustang Mach-Es to make use of for rideshare.

Screenshot: Ford Drive

As with most of those packages, insurance coverage and upkeep are all bundled into the value. Ford makes use of typical phrases like “flexibility”, “all-inclusive” and “financial savings” to explain this system whereas touting how simple it’s to enroll. And that is all true. Drivers can join — there’s additionally a gentle credit score examine and a minimal rating of 600 — select their pricing package deal after which schedule to choose up their Mach-E. Together with the credit score rating requirement, drivers have to fulfill just some different necessities earlier than they’ll join: be an present Uber driver, have a minimal rating score of 4.9 and have accomplished a minimal of 100 journeys. The issue is the value.

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Picture: Ford Drive

Drivers can select between two weekly plans. The most cost effective is the usual plan which was as soon as $289 however has now been dropped to $259/week. That comes with 500 miles and 20 cents for each mile over that. If you happen to’re going to be doing extra driving, there’s the premium plan. It was $389/week however that’s been lowered to $309/week. That plan will get drivers limitless miles. Each include no down cost and embrace auto insurance coverage, upkeep and the power to change plans at any time. So principally, determine simply over $1,000/month for the fundamental plan and $1,236 to get the plan with limitless miles.

What’s wild is that proper now, every single Mach-E lease is a greater deal than the complete Ford Drive program. The most cost effective Mach-E lease in Southern California proper now could be $319 a month for 36 months on a Mach-E Choose. One might even go all-out on efficiency with the Mach-E GT and nonetheless come out cheaper than Ford Drive. Proper now, you may lease a ‘24 Mach-E GT for $487/month for 36 months with 10,500 annual miles. Or if you wish to get slidey the brand new Mach-E Rally is on the market for $540 a month with the identical phrases because the GT. Some might say that this worth is correct what it needs to be for those who embrace insurance coverage.

Even with insurance coverage although you’ll nonetheless come out forward with a daily lease. I managed to work up a quote with Allstate on a Mach-E Choose. Take note California automotive insurance coverage charges are a bit nuts proper now as a result of the insurance coverage business is freaking out because they actually have to do what people are paying them to do. Even with a superb driver low cost and full protection and 15,000 miles a yr, I used to be quoted $591 a month. Add within the present Mach-E Choose lease and also you’re at $979 a month, $57 cheaper than the fundamental Ford Drive plan.

I reached out to Ford to see if the automaker had any plan to supply any cheaper weekly tiers and can replace this after they get again to me. Now I’m not saying exit and lease this factor and use it to ride-share. Nevertheless if you end up on this as a ride-share driver, do your self a favor and be sure to know what you’re moving into. Simply realize it’s actually cheaper to lease one from Ford as an alternative.

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