Wall Street's $1 Billion Bet on Uber Leases

Uber's leasing program aims to increase driver supply by offering cars to those with poor credit. The program, supported by companies like Toyota, allows drivers to lease cars with flexible terms. However, some drivers face financial challenges, questioning the program's fairness. Despite this, the initiative provides opportunities for those unable to secure traditional leases.

What is the primary goal of Uber's leasing program?

• To generate profit from leasing

• To increase the number of drivers on the road

• To compete with other car rental companies

• To sell cars to drivers

Which company is mentioned as a partner in Uber's leasing program?

• Toyota

• General Motors

• Ford

• Nissan

What unique feature does Uber's leasing program offer compared to most leases?

• Unlimited mileage

• No down payment required

• Free maintenance

• Insurance included

How much would a driver potentially pay over three years for a car valued at $18,000?

• $30,000

• $25,000

• $20,000

• $18,000

What challenge did a driver face after Uber reduced fares?

• Increased car maintenance costs

• Inability to pay bills

• Higher lease payments

• Loss of driving license