Yes, you can get a car loan if you’re a rideshare driver just the same as you would if you weren’t an independent contractor for Uber or Lyft. Everything works exactly the same.
However, you should be more concerned about your auto insurance. Because you’re technically a chauffeur, regular liability insurance typically won’t cover incidents that happen when you’re rideshare driving. Fortunately, many auto insurance companies have started to offer rideshare insurance. While a bit more expensive, it covers you while you’re working. Coverage varies based on the policy.
If your auto insurance company doesn’t offer rideshare insurance, you’ll have to get commercial auto insurance, which typically ranges from $1,200 to $2,400 per year.