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How to Become an Uber Driver

uber driver

Should you become an Uber or Lyft driver and are you missing out? Passenger fares have never been lower, but the jury is still out on whether the ride-sharing gig is worthwhile for its drivers. We’re going to cover not only how to get in on the ride-share driving business, but how much you can expect to earn as well.
 

 
Ride-sharing services are one of the fastest growing companies of our time. Ride-sharing apps appeal to potential drivers because they can come from all walks of life, they can be self-employed, and they get to be in control of their own hours. For passengers the appeal of ride-sharing services is the convenience of hailing and paying for their ride all on their phone.

Ride-hailing companies have really grown into a giant business—Uber alone exists in 63 different countries and is operating in over 700 cities. They’ve also recently broadened their platform to include not just car services but bikes, scooters, food delivery, and even freight. In the future they also hope to add air taxis and driverless cars to their many services.
Needless to say, the ride-sharing app business is growing and here to stay.

You’re probably wondering now how you can get in on this flexible form of self-employment and never answer to a boss again! But before you download the app, quit your job, and hop in your car, hear us out, because becoming a driver for a ride-share business may not pay as well as you’d think.

How to Become an Uber Driver

First, to become an Uber driver you must meet the following requirements:

  • Meet the minimum age to drive in your city
  • Have at least one year of licensed driving experience in the US (3 years if you are under 23 years old)
  • Have a valid US driver’s license
  • Meet vehicle requirements (an eligible 4-door vehicle)

Second, if you meet these requirements then you share the following documents:

  • A valid US driver’s license
  • Proof of residency in your city, state, or province
  • Proof of vehicle insurance if you plan to drive your own car
  • A driver profile photo
  • Must be a forward-facing, centered photo including the driver’s full face and top of shoulders, with no sunglasses
  • Must be a photo only of the driver with no other subject in the frame, well-lit, and in focus; it cannot be a driver’s license photo or other printed photograph

Third, you complete an online screening that reviews your driving record and criminal history. And that’s it! After your application is accepted you can download the uber app and start taking rides.

How to Become an Uber Eats Driver

Uber Eats is a delivery partner that has teamed up with many restaurants that don’t typically have their own delivery services. As an Uber Eats driver you deliver food orders made via the Uber Eats app. Becoming an Uber Eats driver is similar to signing up to become a driver. Once you sign up to be an Uber driver, upload the required documents, and complete the online screening you simply do the following to start receiving delivery requests:

  1. Go to your account
  2. Select vehicle options
  3. Accept delivery terms

However, when delivering for Uber eats you can also use a scooter or bike instead of a car. In order to drive either of these options for your deliveries you have to meet the following requirements.

How to Become a Lyft Driver

Uber’s rival Lyft is a newer ride-hailing company out on the roads right now. To become a Lyft driver you can visit the Lyft website to fill out their application and start their process. You’ll basically have to do the following:

  1. Fill out the application
  2. Vehicle Inspection
  3. Background check
  4. Meet the requirements of your city
How to Become a Driver without a Car

At this point you may be wondering, but how do I become an uber driver without a car? How do I become a lyft driver without a car? If you don’t have your own car to drive with, Uber has partners that can rent a car to drive with. Lyft has something similar with Lyft Express Drive. With this you can use a rental car and return it at any time, with things like insurance and standard maintenance included in the rental price.

How Much Money Do Drivers Actually Make?

How much you can really make as an Uber driver is riddled with caveats. Yes, you can earn good money from driving during surge hours and getting tips from your passengers, but then other things, like all the costs that go into having and running a vehicle, will dent your earnings. Because ride-share drivers are technically self-employed they have to take on all the costs necessary to run their business, and this is where ride-share drivers experience major disappointments in their earnings with apps like Uber.

How Much Uber Drivers Make

There are many people out there that would love a lucrative way to be self-employed, and there are many aspects of businesses like Uber and Lyft that draw in new drivers every year. There are estimated to be about 833,000 Uber driver participants in just one year. Uber has also said that their drivers can earn $75,000 to $90,000 a year, while the typical taxi driver only makes about $30,000 a year.

If these numbers were true to what most drivers are actually making then why would almost half of all drivers only stay in the business for less than a year before dropping out of the game? It is because most Uber drivers don’t end up seeing earnings this high.

In reality Uber drivers make an average of $15.68 per hour, which means Uber drivers make about $7.84 per ride, and about $109.76 per week if they work all 7 days. Surveys done by Earnest have also found that Uber drivers make $364 per month on average, which would mean that Uber drivers make an average of $4,368 per year. Uber does give drivers the ability to earn extra with surge pricing. This is when passengers fees go up during higher density hours.

How Much Lyft Drivers Make

Lyft drivers make pretty similar numbers but the difference might be just enough to make you switch apps. Lyft drivers make an average of $17.50 per hour. This means that on average they make about $8.75 per ride, and about $122.50 per week if they work every day. Earnest also found that Lyft drivers tend to make an average of $377 per month, which would mean that Lyft drivers make an average of $4,524 per year.
 
earning stats
 

Average Earnings by City

Not all cities are created equal when it comes to the demand for ride-hailing services. How much work you can get and how much you’ll get paid on average will depending on what city you work in. But remember, many of the best cities to work in for ride-share drivers are also more expensive cities to live in, and a higher cost of living will affect your earnings as well.

The 10 BEST cities for ride-share drivers are . . .
  1. Honolulu, Hawaii at $25.55 an hour
  2. Seattle, Washington
  3. Long Island, New York
  4. Pittsburg, Pennsylvania
  5. Westchester County, New York
  6. San Jose, California
  7. New York City
  8. Minneapolis, Montana
  9. San Francisco, California
  10. Cincinnati, Ohio at $19.18 an hour
The 10 WORST cities for ride-share drivers are . . .
  1. Buffalo, New York at $9.74 an hour
  2. San Antonio, Texas
  3. Tulsa, Oklahoma
  4. Oklahoma, Oklahoma
  5. Indianapolis, Indiana
  6. Tampa/St Petersburg, Florida
  7. Springfield, Missouri
  8. Houston, Texas
  9. Raleigh/Durham, North Carolina
  10. Akron, Ohio at $4.94 an hour

As you can see, drivers in some of the bottom tier cities aren’t even making minimum wage.

Average Earnings by Vehicle Class

If you were wondering how much drivers tend to make according to their vehicle class we found that information too. Overall they found that most drivers make the following according to what class of vehicle they’re driving:

  • UberX = $13.70 an hour
  • UberXL = $14.84 an hour
  • UberSELECT = $14.85 an hour
  • UberBLACK = $24.87 an hour

It would then seem like the higher class your vehicle is the better you’ll get paid, but you have to remember that you are the one paying for the more luxurious car. Passengers also pay more to ride in the higher-end vehicle types, which will affect how much demand there is each day for the vehicle class you offer.

The Cons of Being an Uber or Lyft Driver

There are actually many reasons these promising numbers don’t become a reality for most Uber drivers. First of all, there is the nature of how Uber drivers are employed (or technically not employed) which affects their pay and benefits (or the lack thereof). Then there are the many other costs that fall on the driver to pay and manage on their own. Finally there is the matter of location that dictates how much work is even available in a driver’s area.

Independent Contractors

Drivers are considered independent contractors, which means that they technically are self-employed. Sounds great right? Who doesn’t want to be their own boss? But there are a number of disadvantages to being self-employed.

Since drivers are independent contractors they have to take care of their own benefits, like insurance, and they are also in charge of all the costs of maintaining their vehicle. Below are some other cons to being an independent contractor for Uber:

  • Because you aren’t a W-2 employee, Uber is not required by any laws to pay its drivers minimum wage.
  • Because you aren’t a W-2 employee, you have to cover your own Social Security and Medicare taxes. Officially employed W-2 workers will typically only pay part of these taxes with each paycheck, while their employer pays the rest.
  • You are considered self-employed, but you still work for a business that will control and regulate aspects of your “self-employment” and control the percentage you get paid.
Demands on Your Own Pocket

Because you are only getting a percentage of your earnings, while the ride-sharing company takes the rest, this makes the personal costs of running your driving business all the more impactful on your wallet.

Instead of all the proceeds of your business going to you and your business, the ride-share app companies take a cut, and they get to decide how big a cut they get. Below are just a few examples of all the costs you have to pay out of your own pocket to run your driving business:
 
insurance
Insurance
Not only do you have to pay for your own health insurance—since ride-share companies won’t consider you an employee and provide any benefits—but you also have to pay for your own car insurance.
 
car payments
Car payments
Ride-share companies won’t provide you with a vehicle the way that other taxi companies do for their employees. Providing yourself with a vehicle to drive and work in is also all on you.
 
vehicle maintenance
Vehicle maintenance
Any maintenance, repairs, and general upkeep that your vehicle will need in order for you to drive is completely your own responsibility. And since you are driving your vehicle for your work it is going to need much more regular maintenance.
 
gas
Gas
You are not reimbursed for what you spend on gas. Business insider found that drivers can spend up to $150 on gas just in a week, and the more you work, the more you’ll be spending on gas each week.
 
tolls
Tolls
If you drive through any tolls your passenger will likely pay an added amount on their fare, but you will be responsible for taking care of the toll fee upfront.



Overall

A recent study was done by the Bureau of Labor Statistics in May 2018 and they found that ride-share drivers may not be any better off than taxi drivers. They found that self-employed drivers only made up 35% of the driving business, and at an average $14 an hour they’re not even making a taxi driver’s salary of $30,000 a year. Because of this it seems ride-share driving truly does belong in the gig economy as more of a part-time job for extra cash, than a full-time occupation.

If working for yourself means a lot to you and the projected numbers we’ve outlined don’t look that bad, then maybe ride-share driving is still the gig for you. You can also always take advantage of Check City Title Loans to help your car stay in business. But it may also be a side gig that needs some revamping by those in charge in order to be made truly worth-while for the drivers once again.



READ MORE
Read more about the new Uber CEO and how he’s been implementing changes in the company.

Learn more about Uber and how it compares in the gig economy today, “Uber and the labor market: Uber drivers’ compensation, wages, and the scale of Uber and the gig economy.”

Read yet another interesting study about how Uber is changing the ride-share economy, “The Competitive Effects of the Sharing Economy: How is Uber Changing Taxis?

This article is a part of our “How Much Do Professions Pay?” series. Check out some other articles in this series to learn more about other professions and what they pay:

How Much Do Teachers Make?

How Much Do YouTubers Make?

How Much Do Nurses Make?


Top 5 Cars that Thieves Love

car thief

What is it that you love about a car? What are its characteristics that make you want to own it? It might be the speed, towing strength, leg room, color, or manual transmission.

Or perhaps you prefer the safety features. Maybe you want something that’s great in the snow during the winter months, but great on gas mileage. The different qualities of a vehicle that you’re looking for varies widely based on your personal preferences. Indeed, it is this wide range of vehicle preferences that allows this many makes and models to exist in the first place.

A car thief is wearing a different set of glasses though. They look at the “car market” from a different perspective. Where the car owners could look at any one of hundreds of choices, the car thief is really only looking at about five. What this means for you is that if you own any of the vehicles we’ll be covering in this post you’ll need to take extra precautions to protect your property.

It’s well worth it to protect your property because not only can having your car stolen be devastating, there are also a lot of hassles that go along with it that most people don’t think about. For example, there are the insurance claims, there’s the loss of personal possessions within the vehicle, and getting the loan paid off if you have a traditional loan or an auto title loan on your vehicle.

In order to get a better idea of why thieves might want your car let’s take a second to get inside their heads and cover the top stolen cars and why thieves love them.

#1: Honda Accord

First up is the Honda Accord. Far and away, the Accord was the most stolen car in 2012. In fact, the National Insurance Crime Bureau did their most recent study on most stolen vehicles in 2014 and found that Honda Accords ranked first on the list, with 51,290 Honda Accords stolen in 2014 alone.

#2: Honda Civic

The second most popular stolen car is Honda again. This time, it’s the Civic, bringing in an estimate of 43,936 stolen Honda Civics in the year 2014.

So what’s up with Honda? The next closest car on the charts rates in at about half the number of the Civic alone. So while the lists goes on, Honda vehicles are still more than twice as popular to thieves than any other car on this list. Why are they the most stolen cars in America?

There are ultimately two reasons for this. The first reason is because they are old and easy to break into. The majority of the models stolen in 2012 ranged from 1990 to 2000. They were 12 plus years old and there’s hardly any security on those older models. Thieves don’t want to get caught so they look for the easiest, not the most expensive, targets.

The second reason is that thieves break the cars into pieces and sell the individual parts. Hondas are some of the most commonly owned cars in America. Since these vehicles are still puttering around in abundance (the Japanese really know how to make them last forever), there are plenty of customers out there that just need a door, or a radiator to make the car run for another 50,000 miles. Since Honda doesn’t make certain older parts anymore or the prices for parts are far too expensive to be worth it, customers look for cheaper used parts. Thieves provide those used opportunities, unbeknownst to the buyer.

That said, Honda has definitely learned from their mistakes (having been at the top of this list for a couple years now). If you look at the most commonly stolen newer vehicles, Honda doesn’t come close to the top.

#3: Full Size Ford Pickups

The third favorite car among thieves was the Ford pickup (full size). It weighed in at 28,680 stolen cars. Turns out it was a 90’s truck that thieves were targeting so often. Why were these stolen? Parts and convenience. Again, the thief is never going to make it hard on himself for fear that he might get caught. He’s also going to always target more common vehicles so the parts will sell quickly and easily.

#4 & #5: Full Size Chevrolet Pickup & Toyota Camry

Fourth is the Chevy pickup (full size) coming in at 23,196 reported missing cars, and fifth is the Toyota Camry at 14,605. The vast majority of these statistics have to do with older car models. They present such each targets that it makes sense they would be the most popular cars to steal.

How to Protect Your Car from Thieves

Fortunately, if you have one of these top 5 cars, there are steps you can take to deter thieves.

Park in a Garage

car security

Don’t leave your car on the street if you can help it. If you can’t avoid parking on the street, then park it in a well-lit and populated area, especially at night. Thieves prefer the cover of darkness to accomplish their deeds, but if you park in a well-lit or busy area then you’ll deter thief activity.

But if you do have a garage, work on cleaning it out so you can use it for its intended purpose.

Keep Your Car Empty Inside

Leave the inside of the car bare boned. Don’t leave anything within sight as that can be the main source of temptation for thieves. This is a great tip too because keeping the inside of your car empty can give you an incentive to keep your car clean as well. If you do need to leave anything in your car put it under the seat, in the trunk, or in the glove compartment so that a thief scoping for items inside cars won’t see anything in yours.

Don’t Keep Your Car Title Inside Your Car

Never leave your title to the car in the vehicle itself. It’s almost a no-brainer to do this because if someone steals your car, and your car title is inside, then not only do they have your car but they now have it’s title too. A thief can then forge your signature and sign it over to themselves. Instead keep important documents like this in a safe lock box inside your house.

Lock Car Doors

Lock the car always. Even if your car is in your own garage, you should still lock the car doors before leaving it. Even if you are in your own familiar neighborhood, lock your car. Even if you are only going into the store for a second, lock your car. You never want to make a thief’s job easier by leaving your car unlocked and extra vulnerable.

Watch Your Keys

Keep a careful eye on your car keys. Losing your keys, or leaving them out where anyone can pick them up is a great way to lose your car forever. And you never want to lose your car all because you were careless. One way to help you never lose your keys is to use Tile essentials: devices that you can attach to your keychain so that you can track them using GPS if you ever misplace your keys. Another trick to help keep track of your keys is to use a lanyard of keychain that will make your keys bigger and thus harder to lose.

Use a Wheel Lock

Since a lot of stolen cars tend to be older, it can be useful to update your car’s security system yourself. You can also take advantage of old safety measures. Ever use a wheel lock before? It’s a device that literally locks your steering wheel. It can be a great tool to use as an extra precautionary measure when your car is older and therefore easier to steal. Thieves aren’t always ready to tackle things like wheel locks in a day of alarms and auto locks.

 

In 2012, the FBI estimates that about 724,000 cars were stolen. Assuming that each vehicle retained an amount of about $5,000 each, that equates to 3.6 billion in hard earned cash (some of which was still owed to the bank) that car owners lost when their cars got stolen. That’s quite the haul. Don’t become a victim of that statistic this year and keep these car safety tips in mind.

Saving Money by Buying the Right Insurance

Americans today are always looking for ways that they can save money. Some people think that they need to make more money.

But a better way to solve financial issues is to redistribute the money that you are already making so it will cover your financial needs. There are many, many ways to save money in our modern society.

It may not necessarily be easy to save money all the time, but it is most definitely always worth it. One great way to save money is to buy the right insurance.

It is an accepted fact that we must all buy insurance. It is the only wise and smart way to live.
People who don’t buy insurance often find themselves in binds that they cannot get out of financially. The types of insurance that most people buy are life, auto, health, and homeowner’s.

The way to go about buying insurance is to shop around. Compare and contrast different insurance policies before you settle on one.

Don’t Let Yourself Get Sold

If you are a person who does not like to disappoint people, maybe you should let your spouse or a family member go shopping for insurance without you. Insurance salespeople can be very persuasive and it may be difficult for you to say no to them.

When buying insurance, you need to stand up for what you want and need and what your price range is, and not give in to a salesperson because they are persuasive. If you are easily persuaded, you will either want to be extra tough skinned when you go shopping for insurance or have someone else go for you.
People often just renew their insurance contracts each year and keep with the same company over many decades. While this is not necessarily a bad idea, it can be a bad thing when companies decide to change their rates and don’t notify you.

Always Check Rates vs. Coverage When Shopping Around

The reason why it is good to shop around for insurance policies before you renew yours is because you may find that another company can offer you a better deal for the same coverage. If you hadn’t shopped around and had just renewed your contract, you would be losing money.

This is why it is so important to continuously check up on your insurance policies and make sure that you are getting the best possible deal that you can get. Another great tip to lower the cost of your insurance is to raise your deductibles for both auto and homeowner’s insurance.

If you are willing to pay a little more per claim, you can usually reduce your annual premium by a few hundred dollars. This could save you quite a bit of money in the long run.

Of course, the tricky thing with insurance is that there is no way to know how much insurance coverage you will actually need throughout the course of your life. Life is unexpected.

Sometimes things happen, and sometimes things don’t. But you definitely want to be protected in case things do happen.

Do You Need All That Coverage?

This is why having adequate insurance coverage is so important as you go throughout your life. Another great thing you can do to save money on insurance is to decide if you really need the extensity of coverage that you currently have.

Perhaps your children have all grown up and moved out of the house. If they are getting on their own insurance with their own families, you do not need to include them on your insurance plan anymore.
Even if they are still on your plan, they may not need as much life insurance protection because they are older, wiser, and more mature. Children tend to need a lot of life insurance protection because they tend to get into more accidents.

If you do not need to pay for your children’s life insurance any longer, you will probably be able to save enough money to completely fund an emergency fund. If you do not have an emergency fund, this could be a great time to start.

Collecting any extra money here and there can be put into the emergency fund. Before you know it, you will have quite a healthy emergency fund up and running.

Sometimes people go a very long time without needing to use their insurance. They may be a family who is very careful and does not get into accidents often and does not need to use their insurance often.

While it may seem that people like this do not need insurance, it would be very unwise for these people to need buy insurance. Insurance is necessary, even if you never use it.

3 Expensive Mistakes College Freshmen Make

College is an exciting time of life. For many, it represents the freedom of living on your own: a chance to be independent. Many of those have really been given the boot too, expected to survive on their own without the financial aid of parents. Consequently, many of these students are thrown into the sometimes frightening world of financial independence without the experience or knowledge to find the most frugal opportunities out there.

Common Freshmen Mistakes

They make mistakes. They invest in apartments, insurance policies, and other necessities that they don’t realize are costing them a financial arm and a leg to pay for.

There are so many opportunities out there for cheaper living that they don’t often catch on to until it’s too late. They sign a year contract before playing the field for better opportunities. It hurts at first, but the students learn in the long run.

Wouldn’t it be better if they could be armed with this knowledge before they sign their contracts though? Shouldn’t they know what to bargain hunt for and how to identify a good deal? They’d definitely be happier in their first year of adjustment if they did. The following are five of the most expensive mistakes college freshmen can make coming into their first year at the university.

Don’t Pay Too Much For Housing

First, they sign at the first place that looks nice. They pay way too much for their first year of housing.

Coming from a home where the parents paid the bills, it can be easy to fall into the financial trap of caring about appearances first, and then bills later. They think they need the apartment with the new couches, built-in big screen TV, and private bedrooms. They feel they can’t live without the finer things in life and turn down some of the more “shabby” opportunities, preferring to pay the extra $50 to $200 a month for a better place to live.

It’s only a hundred or two extra a month right? It’s not that hard to come up with? It’s worth the price for not boarding up in that “dump” across the street that merely provides a solid place to live (not of repute), clean quarters (that aren’t clean enough that you can see your reflection in), and a lousy 20” TV (that doesn’t even get ESPN2 or the Bachelorette).

What they miss with this mindset is that the thing they called a dump will turn out to be a palace in the coming years, because they realize that the bare necessities of living don’t require the finer things in life (nor the higher rent that comes with them). In the end, they may find themselves needing the help of a cash advance or two to help make ends meet.

It’s College, Forget the Car.

Second, they take out a loan for a car. Paying just a hundred a month for five to ten years doesn’t sound bad when you don’t have to pay for everything else quite yet. Once you get into the heat of tuition, books, housing, food, entertainment, gas, and car insurance though, it becomes far too expensive to maintain easily.

Unless you have enough money to buy it outright, it’s in your best interests to hold off on purchasing a vehicle quite yet. Wait until your finances are stable and then look into it again.
Luckily you are surrounded by people that have access to a car in your first year. You also likely have access to a public transportation system that for an affordable flat fee and a bit of patience, can get you anywhere in the city.

Save on Insurance

Third, those that do own their car don’t do much digging on their car insurance opportunities. If you are a good student, then it is a buyer’s market for you. Start by shopping around every insurance place you know of, seeking quotes. For each quote, ask about a “good student” discount opportunity and see what companies can offer you. Drop that monthly premium as far as you can so you can save money over time.

These are among the most common financial blunders that incoming freshmen make when they’re trying to find their way in the world. They sign for too nice of an apartment, too big an auto loan, or too expensive of auto insurance that they end up spending $300 – $400 more than they could have been. That may not seem like much to one that has never been financially independent before, but in the long run, that’s going to cost them $2,400 – $3,200 extra for an eight year span. And when you’re counting pennies to meet tuition and book needs, you just don’t have money to be wasting that much.

The Most Questionable Cars of 2013

Last week we covered some of the highlights in the 2013 vehicle market with our post about the trucks with the best gas mileage in 2013. This week we’re going to cover some of the most questionable cars that the 2013 market has to offer. What makes these vehicles a questionable purchase ranges from not living up to the hype to simply not being a great value. Regardless of the reason they’ve made our list, these are all vehicles you should think twice before purchasing.

Many of the vehicles you’ll find on this list are overpriced because of the hype that surrounds them which is a bad sign when it comes to the long term value of your car. It’s important to always think beyond the car lot when you’re ready to purchase a vehicle because of the fact that you might need to use the equity and the value of vehicles that are artificially overpriced will lose a considerable amount of value over time making it hard to get an auto title loan in the future.

In addition to losing their value some of these vehicles will also end up costing you more when it comes to auto insurance, with those things combined these are the cars that have made our list of the most questionable cars of 2013.

Not So Smart Car

The Smart for two smart car has seen a high success rate across Europe. The smaller streets and road-side parking make this vehicle highly useful in those countries.

The high price and poor fuel economy is worth the price when you can find a parking spot 15 minutes faster than before. The car has seen nothing but failure here in the U.S. for the same reasons the vehicle is “worth” the price across the Atlantic.

On top of the price and poor fuel economy for a compact smart car (32-36 combined, depending on model), the Smart for two lacks the visual appeal that many car owners—that are looking to pay the price—would be willing to pay for.

When they’re ready to spend $12-15,000 on a new hybrid, why not go with one that looks more appealing with better gas mileage? Nissan is currently working with Mercedes to create a more appropriate replacement.

The Scion

The Scion iQ is next up on the list. Although it got quite a bit of attention in 2012, the 2013 version has only landed in the possession of 1,009 buyers. Various reviews reported that the car was slow, tiny, and expensive.
Buyers who thought that they might find more room in the back to make up for the speed were severely disappointed when they found the cargo area lacking in space and usability. Its positive review comes from its perfect place in city-life driving.

The Fiat Fad

The Fiat 500 boasts about 3,000 sales a month. That’s not bad considering the Scion’s lack of success, but it’s still not doing as well as the creators had hoped for before.

It’s “cute.” Consumer Guide called it “brimming with European personality” even. It even gets moderate gas mileage (31 in the city, 41 on the highway), but that’s not enough to make the $16-22,000 price tag. On top of the price, the car is cramped and lacking in the engine power found in competitors.

Judging by America’s track record though, this car will become fashionable as it begins to fade from the minds of Europeans. Take a look at the Fiat 500 again in a few years.

They Actually Called it The Cube

Next, take a look at the Nissan Cube. First instigated in 2009, it has hardly changed its shape or usability over the past 4 years. This year’s model is no exception.

The designers hoped to create a car that is roomier and fuel efficient at the same time. Although they were able to create a machine to fit those needs, the Cube just simply hasn’t caught on with the public. It never found a niche in the market. Consequently, it hasn’t done as well as other cars out there doing the same kind of thing: like the Kia Soul.

The Kia Version of The Cube

The Kia Soul hit the market like the cube should have, but failed at. An interesting mix between the mini-cooper and Cube, the Soul is Kia’s second-best-selling car.

The Outdated Lexus

The Lexus GX 460 is holding onto a design that has slowly faded out of style over the past 10 years. It continues to keep the style of an SUV from the early 2000’s.

It’s tall, and keeps similar perpendicular proportions of the times. Not to mention its combined fuel economy sticks around 17 mpg on a good day. Maybe there are a few people still looking for the old-style SUV, but most end up spending their money on the Lexus RX instead.

The Dated Runner

The Toyota 4Runner is another model of car holding on to the old ways. It’s most recent body design was made in 2009, making it a car in transition. It’s blocky and hasn’t caught up with the rest of the industry in terms of technology inside the car though.

This may be the perfect fit for some that look for the 4Runner to continue doing what they’ve always known it to do. Although it may seem unthinkable, there is still a market for people who don’t care about the newest looks or gadgets in the car.

For one reason or another though, these cars manage to sell enough cars for you to see many of them on the road. Some sell better than others. Some work better than others. Everyone has their own taste for a vehicle though and choices are made accordingly. It will be interesting to see how these designs survive or fail in the future.
Title loans can be taken out for these vehicles just as easily as they can be taken out for any other popular car on the market. Luckily title loans are determined based on the fair value of the car, not on whether or not the car catches on or flops in the market place.

Understanding Three Fundamental Aspects Concerning Car Insurance

One of the more aggravating aspects to owning a vehicle is paying the monthly auto insurance premium. Car insurance is essential for any car owner to protect themselves and their vehicle from damages and accidents.

But choosing a type of auto insurance policy, paying for one, and understanding what auto insurance myths are common on the market will greatly aid a person throughout the process. By understanding the basics of these three aspects to auto insurance, an individual will be able to better negotiate the world of car insurance.

The first basic understanding of car insurance that people will need to comprehend is that there are multiple types of coverage options for car insurance. The most frequently underused and misunderstood form of coverage that would greatly aid all car owners is comprehensive auto insurance.

Comprehensive auto insurance is a complementary aspect to car insurance that, when working in tandem with a collision insurance coverage option, can provide extensive auto insurance coverage. And although its name makes it seem like comprehensive auto insurance is an all-encompassing safety blanket form of insurance, it is important for consumers to understand what exactly is covered under a comprehensive auto insurance plan.
To clear some of the initial confusion, perhaps it would be best to refer comprehensive auto insurance as its other common name—other than collision or OTC insurance. This distinction helps to establish that comprehensive auto insurance is coverage on a vehicle that has been damaged without being involved in a car accident.

Some of the perils that an OTC or comprehensive auto insurance policy provide insurance coverage for include:

  • The theft of the vehicle. Although it should be noted that comprehensive coverage does not typically provide insurance coverage for individual personal items that may be stolen from the vehicle.
  • Damage incurred from falling objects such as tree limbs, power poles, or roofing materials.
  • Damages sustained from hitting an animal. Typically a bird or deer depending on the area where the subscriber lives.
  • Acts of vandalism incurred upon the vehicle.
  • Fire damage from an outside source or accidental ignition.
  • And damages sustained from natural disasters or severe weather. This often includes coverage from hail storms that can greatly damage a vehicle and would otherwise not be covered by insurance.

Because of all of the potential dangers to a vehicle beyond a car wreck, may have chosen to purchase comprehensive auto insurance to protect their vehicle from both mishaps and car accidents. Once a type or form of car insurance coverage has been chosen and policy decided upon, a person can begin to plan paying for the car insurance.

Monthly premiums on standard car insurance policies are typically costly enough to require that an individual or a family specifically budget for the expected expense every month. The cost for car insurance can be managed by working the price into the family’s monthly budget, but for the initial payment, before a budget that includes the insurance premium has been created, a family may wish to take out a small title loan to cover the cost.
A title loan is a small and safe loan that is borrowed on the value of the vehicle’s title. Title loans are easy to pay back and most can be repaid in full on the person’s very next payday.

With payment of the premium included in the budget, and with the initial expenses taken care of with the help of a small title loan, a family can enjoy the security of a well insured car. But there are several myths that surround car insurance that every insurance subscriber should be aware of.

Like with most things in this world, auto insurance has its own set of myths and false preconceived notions that can put the uniformed individual at a disadvantage while trying to decide on an auto insurance policy or even after they have received a policy. Here are a few of the most common myths surrounding auto insurance and what people will need to know to avoid falling for them.

  • The color of the car will influence premiums. A full quarter of individuals who were surveyed incorrectly assumed that painting their vehicle red would make their insurance premiums spike. The theory is that red cars are more sporty, therefore more powerful, therefor more costly to insure. But the truth is that most insurance companies rarely ask the subscriber for the color of their car.
  • Auto insurance will always include coverage on theft, fire damage, hail damage, or property damage. While most people may believe that having auto insurance covers every expense that could be incurred on their vehicle, the reality is that unless the person has comprehensive auto coverage the above losses to a vehicle will not be covered by standard auto insurance policies.
  • Car thieves steal new cars. Because of the rarity of parts in older models, especially those old junkers that are out of production on any level, an experienced car thief is actually more likely to steal older cars. The thief gets a bigger payday when they bring old cars with hard to find parts into a chop shop rather than a new luxury vehicle that is more or less common on city streets. Yet still, citizens believe that a new car will have an added boost to the premium due to the potential for theft.

These and other common auto insurance myths plague the everyday car owner. Before making any decisions concerning car insurance, be sure to speak with an insurance professional to clear the confusion and to get the best deal possible. If you’re looking for the best prices on insurance let Check City do the work for you.

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