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Lyft Guts Luxury Service, Sticking Drivers With $34,000 Custom SUVs

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Lyft Guts Luxury Service, Sticking Drivers With $34,000 Custom SUVs

In May, Lyft launched a program to compete with Uber's black car and SUV services. Drivers had to pony up $34,000 to purchase the "tricked-out" Lyft-branded Ford Explorers just to get into the pool. But the luxury pilot bombed, leaving "Lyft Plus" drivers with the expensive SUVs they were forced to buy.

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