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Canada's Magazine for Financing & Leasing Executives

July 30, 2015

Uber introduces car leasing unit

Los Angeles, CA--Uber has developed a pilot program –  Xchange Leasing – a leasing option that is administered by an Uber subsidiary. The Xchange lease offers value that traditional auto leases do not. Drivers who participate in Xchange for at least 30 days will be able to return the car with only two weeks’ notice, and limited additional costs. The program provides for unlimited mileage and, if desired, drivers can lease a used car. Routine maintenance is included.

Xchange Leasing is currently available in major metropolitan areas in California (Los Angeles, San Francisco, and San Diego) and select cities in Georgia and Maryland. Additional locations will come available soon.  




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