The program will rent cars to Lyft drivers anywhere between one to eight weeks at a time. The cost of renting one of the Chevy Equinox crossovers will be based on how many trips the driver can secure. For less than 40 trips in a week, the cost will be $99 per week plus $.20 per mile. For more than 40 trips in a week, it costs only be $99 a week with no mileage fee. If the driver is able to pull off more than 65 trips in a single week, the weekly rate for the car will be waived.
The news comes only two months after GM invested $500 million in Lyft. The ride-share company has already teamed up with Hertz to offer short-term rentals. Now would-be drivers have an additional option.