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Here's how we structured the different deals: Leasing: The average midsize car lease is based on a car that sells for $24,775 with drive-off fees of $1,154. This results in a $294 monthly payment for three years. Buying New: When buying the same car, the average down payment on a five-year loan is $4,104. The average interest rate is 1.64 percent, resulting in a monthly payment of $400. Buying Used: The average price of a similar 3-year-old midsize sedan is $15,688. The average interest rate is much higher: 6.04 percent.
Select cities in Georgia and Maryland will also be able to participate. In a conversation with Fortune, Uberâs head of vehicle solutions Andrew Chapin explained that the idea for Uber offering its own leases was inspired by wanting a more flexible, and cost-effective way for UberX drivers to lease cars. The current vehicle leasing options are not well suited for Uber drivers, he reiterated. Hereâs an example of the rates Uber will now offer: 1  Approx. 2  $120 per week for a 2013 Camry with a sale price of around $15,000 and 36 month lease term. 3  Approx.