Don’t have a car, but want to work for Lyft or Uber as a driver? Hertz is hoping it can squeeze some extra miles out of its older cars with new deals it’s just announced to supply rentals to the ride-hailing companies.
Under the agreements, drivers have set rates on two- to three-year-old models Hertz has rotated out of its fleet, which can be rented from Hertz off-airport locations. The cars can then be used for either personal or business reasons, and they can be rented out for just a few days or even months.
“We consider this agreement to be largely complementary to our rental car business,” said John Tague, president and CEO of Hertz Global Holdings, in a statement.
The agreement will expand Hertz’s pilot program with Lyft, which it debuted in Las Vegas last year. The rental car company will be bringing that program to Denver, Los Angeles, and San Francisco.
The Hertz/Uber program will at first only be available in Los Angeles, but the company says it plans to expand both programs across the country eventually.
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