Rent to Own for Uber Drivers - FAQ

Thank you for your interest in Mode Rideshare’s partnership with Uber! Below, you’ll find answers to the most common questions about renting an EV vehicle for Uber.

How does it work?

Mode Rideshare is tailored just for Uber, Taxi & Rideshare drivers, featuring two adaptable vehicle plans to fit your needs.

Our primary option, Rent To Own, lets you work towards owning your vehicle while enjoying all the necessary benefits for a seamless experience. Every payment you make contributes to your car's ownership, and once you complete your last payment, you can transfer ownership for just $1.

If you’d like to explore whether being a rideshare driver suits you, our Flexible Rental plan is perfect for you. With Flexi Rent, you’ll have all the on-road benefits of Flexi Own, but at the end, you won’t own the car.

No matter which plan you choose, Mode Rideshare takes care of everything, including insurance, servicing, registration, and maintenance.

How do I sign up?

Getting started with Mode Rideshare couldn’t be easier! Just click on the “APPLY NOW” button at the top of our website and fill out the form. A member of our friendly team will contact you to discuss your needs and help you choose the perfect car for your rideshare needs. After that, you’ll have the opportunity to schedule an appointment at our head office in Auckland, where you can take your chosen car for a test drive and complete the sign-up process. Once everything’s finalized, you'll be all set to pick up your car and hit the road with confidence!

What is included in the weekly fee?

Mode Rideshare simplifies car ownership for rideshare drivers by providing a comprehensive solution that helps them earn more, spend less, and worry less—all for a convenient weekly payment.

This weekly fee not only covers the cost of your vehicle (similar to what you would typically pay if financing a car through a traditional lender), but it also includes all the essential expenses of owning and operating a rideshare car. This means you’ll have coverage for registration, specialized damage and loss protection, scheduled maintenance, ongoing items like replacement tires and brakes, 24/7 roadside assistance, access to an Uber-approved courtesy car if your vehicle is damaged or requires warranty repairs, along with other exclusive benefits for Mode Rideshare drivers.

Are there any additional costs?

Yes, aside from the weekly rental fee, you are responsible for:

• Fuel or Charging costs

• Road User Charges (RUC) – RUC is a prepay system that must be kept up to date at all times while the vehicle is in use.

Is a deposit required?

Yes, a deposit is required under our Rent-To-Own plan. This is a non-refundable $2,500 deposit required to secure an EV vehicle and goes towards the Insurance premium and other initial costs.

For Hybrid Rental cars, there is a $500 fully-refundable Bond held.

For EV Rentals, there is a $2,500 fully-refundable Bond held.

Minimum terms

Minimum term for Hybrid Rental is 2 weeks

Minimum term for EV Rental is 4 weeks

Minimum term for Rent-to-Own is 12 months

Do I need to arrange my own insurance?

No, Mode Rideshare provide comprehensive commercial insurance included in the cost

What documents do I need to sign up?

To sign up, you’ll need to provide:

• A valid driver's license (front and back) with Class 1 and P endorsement

• P endorsement

• Your preferred City for vehicle collection

• Bank Account details

• Deposit