Rideshare Vehicle Finance
Driving for Uber, Didi, or Ola? Getting the right vehicle can make all the difference to your earnings. We help rideshare drivers finance vehicles that meet platform requirements - with lenders who understand gig economy income and ABN holders.Finance your Uber, Didi, or Ola vehicle. ABN holder options with lenders who understand rideshare income.
Lenders who understand rideshare income
Finance for Uber, Didi & Ola Drivers
The rideshare industry has transformed how Australians earn a living. Whether you're driving full-time or supplementing your income with weekend shifts, having the right vehicle is essential to your success.
At Your Lending Friend, we specialise in helping rideshare drivers get behind the wheel of vehicles that meet platform requirements. We work with lenders who understand that bank statements showing regular Uber or Didi earnings are just as valid as a traditional payslip.
ABN holder? Bank statement income? We have lenders who get it.
Popular Rideshare Vehicles
Vehicles we commonly finance for rideshare drivers
Toyota Camry
The go-to sedan for rideshare. Comfortable, reliable, and fuel-efficient.
UberX / Didi ExpressKia Carnival
Perfect for UberXL. Seats 7+ passengers comfortably.
UberXL / Didi MaxToyota RAV4 Hybrid
Great fuel economy for high-kilometre drivers. SUV comfort for passengers.
UberX / ComfortHyundai Ioniq
Electric and hybrid options. Low running costs for maximum earnings.
UberX / GreenToyota Prius
The original rideshare favourite. Proven reliability and fuel economy.
UberX / Didi ExpressKia Sorento
7-seater SUV option. Premium finish for Uber Comfort.
UberXL / ComfortHow Rideshare Vehicle Finance Works
Four steps to getting on the road
Choose Your Vehicle
Select a vehicle that meets rideshare platform requirements. We can advise on popular choices that maximise earnings.
Apply as an ABN Holder
Rideshare drivers need an ABN. We work with lenders who understand gig economy income and accept bank statement verification.
Get Approved
Fast approvals available. Many rideshare drivers get approved within 24-48 hours, even with non-traditional income.
Start Earning
Once approved, we settle quickly so you can register your vehicle on your chosen platform and start driving.
Checking your options won't affect your credit score
Platform Vehicle Requirements
Make sure your vehicle meets these requirements
Uber
- Vehicle must be 2014 or newer
- 4+ doors
- No commercial branding
- Meet safety standards
Didi
- Vehicle must be 2012 or newer
- 4+ doors
- No commercial branding
- Pass vehicle inspection
Ola
- Vehicle must be 2012 or newer
- 4+ doors
- Air conditioning required
- Meet safety standards
Requirements may change. Always check with your chosen platform for the latest requirements.
ABN Holder Finance Options
As a rideshare driver, you're running a small business. We work with lenders who offer business vehicle finance structures like chattel mortgage, which can provide tax benefits including GST claims and depreciation deductions. Talk to your accountant about which structure works best for you.
Learn About Chattel MortgageWhat You'll Need
We Can Help If You Have
Rideshare Finance FAQs
Common questions about financing a rideshare vehicle
Yes, absolutely. We work with lenders who understand rideshare income. You'll need an ABN and we'll verify your income through bank statements showing your Uber, Didi, or Ola earnings. Many lenders now recognise rideshare driving as a legitimate income source.
The best rideshare vehicles balance purchase price, running ...
The best rideshare vehicles balance purchase price, running costs, and passenger comfort. Toyota Camry and Prius are popular for UberX due to reliability and fuel efficiency. For UberXL, the Kia Carnival offers great value. Hybrid vehicles like the RAV4 Hybrid can maximise your earnings through lower fuel costs.
No. Part-time rideshare drivers can also qualify. If you hav...
No. Part-time rideshare drivers can also qualify. If you have other income sources (employment, other business), we can combine these. Even if rideshare is your only income, we have lenders who will consider your application based on your earnings history.
As an ABN holder, you may be able to claim various tax deduc...
As an ABN holder, you may be able to claim various tax deductions including depreciation, interest on your car loan, fuel, maintenance, and insurance. The finance structure you choose (chattel mortgage vs consumer loan) can affect your tax position. Consult your accountant for advice specific to your situation.
Yes, as long as the vehicle meets the age requirements for y...
Yes, as long as the vehicle meets the age requirements for your chosen platform. Uber typically requires vehicles from 2014 or newer, while Didi and Ola may accept 2012 or newer. We can finance both new and used vehicles that qualify.
We have options for rideshare drivers with bad credit. Our s...
We have options for rideshare drivers with bad credit. Our specialist lenders look at your current income and ability to service the loan, not just your credit history. If you're earning regularly from rideshare, we can often find a solution.
Deposit requirements vary based on your credit profile and t...
Deposit requirements vary based on your credit profile and the lender. Some lenders offer no-deposit options for strong applicants, while others may require 10-20%. Having a deposit can help you secure better rates or get approved with challenging credit.
Yes, most finance arrangements allow you to use the vehicle ...
Yes, most finance arrangements allow you to use the vehicle for both business (rideshare) and personal use. Just keep good records of your business kilometres for tax purposes.
Still have questions? Contact our friendly team