Actually, Uber specifically DOES allow adding additional drivers, whether to your primary vehicle, or any other additional vehicle. The only thing that matters to them in this respect is that they are listed on the insurance policy for that car. Also of course they need to fill out the background check thing and physically go to the Uber office to get an additional Uber phone and do the quick in person interview. You can employ them to drive your car, or employ them to drive someone else's car, or employ them to drive their own car (though that doesn't make much sense, it's still possible).
It
Actually, Uber specifically DOES allow adding additional drivers, whether to your primary vehicle, or any other additional vehicle. The only thing that matters to them in this respect is that they are listed on the insurance policy for that car. Also of course they need to fill out the background check thing and physically go to the Uber office to get an additional Uber phone and do the quick in person interview. You can employ them to drive your car, or employ them to drive someone else's car, or employ them to drive their own car (though that doesn't make much sense, it's still possible).
It appears that all payments would still go through the main account, so I think you could technically take a commission if you worked that out with your employee. I haven't gone through that process so I'm not sure those exact details, plus you will deal with any legal details of what you're allowed to do or commissions you can take from an employee or contractor like that, but from the point of view of Uber, it's totally possible and even easy to set up.
Most car insurance companies are kind of banking on you not noticing that they’re overcharging you. But unlike the olden days where everything was done through an agent, there are now several ways to reduce your insurance bills online. Here are a few ways:
1. Take 2 minutes to compare your rates
Here’s the deal: your current car insurance company is probably charging you more than you should be paying. Don’t waste your time going from one insurance site to another trying to find a better deal.
Instead, use a site like Coverage.com, which lets you compare all of your options in one place.
Most car insurance companies are kind of banking on you not noticing that they’re overcharging you. But unlike the olden days where everything was done through an agent, there are now several ways to reduce your insurance bills online. Here are a few ways:
1. Take 2 minutes to compare your rates
Here’s the deal: your current car insurance company is probably charging you more than you should be paying. Don’t waste your time going from one insurance site to another trying to find a better deal.
Instead, use a site like Coverage.com, which lets you compare all of your options in one place.
Coverage.com is one of the biggest online insurance marketplaces in the U.S., offering quotes from over 175 different carriers. Just answer a few quick questions about yourself and you could find out you’re eligible to save up to $600+ a year - here.
2. Use your driving skills to drop your rate
Not every company will do this, but several of the major brand insurance companies like Progressive, Allstate, and Statefarm offer programs that allow you to use a dash cam, GPS, or mobile app to track your driving habits and reduce your rates. You just have to do it for a month typically and then they’ll drop your rate.
You can find a list of insurance companies that offer this option - here.
3. Fight speeding tickets and traffic infractions
A lot of people don’t realize that hiring a lawyer to fight your traffic violations can keep your record clean. The lawyer fee oftentimes pays for itself because you don’t end up with an increase in your insurance. In some cities, a traffic lawyer might only cost $75 per infraction. I’ve had a few tickets for 20+ over the speed limit that never hit my record. Keep this in mind any time you get pulled over.
4. Work with a car insurance company that rewards you for your loyalty
Sticking with the same car insurance provider should pay off, right? Unfortunately, many companies don’t truly value your loyalty. Instead of rewarding you for staying with them, they quietly increase your rates over time.
But it doesn’t have to be this way. Some insurers actually reward long-term customers with better deals and additional perks. By switching to a company that values loyalty - like one of the loyalty rewarding options on this site - you can enjoy real benefits, like lower premiums, better discounts, and added coverage options tailored just for you.
5. Find Out If Your Car Insurance Has Been Overcharging You
You can’t count on your car insurance provider to give you the best deal—they’re counting on you not checking around.
That’s where a tool like SavingsPro can help. You can compare rates from several top insurers at once and let them pitch you a better price.
Did you recently move? Buy a new car? Get a little older? These changes can mean better rates, and SavingsPro makes it easy to see if switching providers could save you money.
All it takes is a few minutes to answer these questions about your car and driving habits. You’ll quickly see if it’s time to cancel your current insurance and switch to a more affordable plan.
These are small, simple moves that can help you manage your car insurance properly. If you'd like to support my work, feel free to use the links in this post—they help me continue creating valuable content. Alternatively, you can search for other great options through Google if you prefer to explore independently.
yes you can….you would just have to work out a deal with your driver as to how much you want to basically rent out your vehicle…also it would be in congint on if the driver passes the uber backgr check..i did this and it was pretty good..i made decent money from the driver who i rented my vehicle to….you would just have to put your new driver on your insuranc….good luck with it…
Yes you could probably come to some kind of arrangement with a driver but they’d need to be listed on your insurance policy & you’d want to have a ride-share endorsement on your policy or commercial insurance that covers vehicles for hire. You’d also want to have a clear agreement on who’s responsible for damage & what’s considered damage vs normal wear and tear as ride-share passengers can be rough on cars.
If you don’t want to deal with the insurance, damage, or liability issues directly, you could also go through a third-party service like Turo or HyreCar.
Update: it is no longer possible for UberX accounts, only Uber black and up with commercial insurance.
With Uber X you can add a family member only of they live in the same household (spouse, child, parent).
Here’s the thing: I wish I had known these money secrets sooner. They’ve helped so many people save hundreds, secure their family’s future, and grow their bank accounts—myself included.
And honestly? Putting them to use was way easier than I expected. I bet you can knock out at least three or four of these right now—yes, even from your phone.
Don’t wait like I did. Go ahead and start using these money secrets today!
1. Cancel Your Car Insurance
You might not even realize it, but your car insurance company is probably overcharging you. In fact, they’re kind of counting on you not noticing. Luckily,
Here’s the thing: I wish I had known these money secrets sooner. They’ve helped so many people save hundreds, secure their family’s future, and grow their bank accounts—myself included.
And honestly? Putting them to use was way easier than I expected. I bet you can knock out at least three or four of these right now—yes, even from your phone.
Don’t wait like I did. Go ahead and start using these money secrets today!
1. Cancel Your Car Insurance
You might not even realize it, but your car insurance company is probably overcharging you. In fact, they’re kind of counting on you not noticing. Luckily, this problem is easy to fix.
Don’t waste your time browsing insurance sites for a better deal. A company called Insurify shows you all your options at once — people who do this save up to $996 per year.
If you tell them a bit about yourself and your vehicle, they’ll send you personalized quotes so you can compare them and find the best one for you.
Tired of overpaying for car insurance? It takes just five minutes to compare your options with Insurify and see how much you could save on car insurance.
2. Ask This Company to Get a Big Chunk of Your Debt Forgiven
A company called National Debt Relief could convince your lenders to simply get rid of a big chunk of what you owe. No bankruptcy, no loans — you don’t even need to have good credit.
If you owe at least $10,000 in unsecured debt (credit card debt, personal loans, medical bills, etc.), National Debt Relief’s experts will build you a monthly payment plan. As your payments add up, they negotiate with your creditors to reduce the amount you owe. You then pay off the rest in a lump sum.
On average, you could become debt-free within 24 to 48 months. It takes less than a minute to sign up and see how much debt you could get rid of.
3. You Can Become a Real Estate Investor for as Little as $10
Take a look at some of the world’s wealthiest people. What do they have in common? Many invest in large private real estate deals. And here’s the thing: There’s no reason you can’t, too — for as little as $10.
An investment called the Fundrise Flagship Fund lets you get started in the world of real estate by giving you access to a low-cost, diversified portfolio of private real estate. The best part? You don’t have to be the landlord. The Flagship Fund does all the heavy lifting.
With an initial investment as low as $10, your money will be invested in the Fund, which already owns more than $1 billion worth of real estate around the country, from apartment complexes to the thriving housing rental market to larger last-mile e-commerce logistics centers.
Want to invest more? Many investors choose to invest $1,000 or more. This is a Fund that can fit any type of investor’s needs. Once invested, you can track your performance from your phone and watch as properties are acquired, improved, and operated. As properties generate cash flow, you could earn money through quarterly dividend payments. And over time, you could earn money off the potential appreciation of the properties.
So if you want to get started in the world of real-estate investing, it takes just a few minutes to sign up and create an account with the Fundrise Flagship Fund.
This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Real Estate Fund before investing. This and other information can be found in the Fund’s prospectus. Read them carefully before investing.
4. Earn Up to $50 this Month By Answering Survey Questions About the News — It’s Anonymous
The news is a heated subject these days. It’s hard not to have an opinion on it.
Good news: A website called YouGov will pay you up to $50 or more this month just to answer survey questions about politics, the economy, and other hot news topics.
Plus, it’s totally anonymous, so no one will judge you for that hot take.
When you take a quick survey (some are less than three minutes), you’ll earn points you can exchange for up to $50 in cash or gift cards to places like Walmart and Amazon. Plus, Penny Hoarder readers will get an extra 500 points for registering and another 1,000 points after completing their first survey.
It takes just a few minutes to sign up and take your first survey, and you’ll receive your points immediately.
5. Get Up to $300 Just for Setting Up Direct Deposit With This Account
If you bank at a traditional brick-and-mortar bank, your money probably isn’t growing much (c’mon, 0.40% is basically nothing).
But there’s good news: With SoFi Checking and Savings (member FDIC), you stand to gain up to a hefty 3.80% APY on savings when you set up a direct deposit or have $5,000 or more in Qualifying Deposits and 0.50% APY on checking balances — savings APY is 10 times more than the national average.
Right now, a direct deposit of at least $1K not only sets you up for higher returns but also brings you closer to earning up to a $300 welcome bonus (terms apply).
You can easily deposit checks via your phone’s camera, transfer funds, and get customer service via chat or phone call. There are no account fees, no monthly fees and no overdraft fees. And your money is FDIC insured (up to $3M of additional FDIC insurance through the SoFi Insured Deposit Program).
It’s quick and easy to open an account with SoFi Checking and Savings (member FDIC) and watch your money grow faster than ever.
Read Disclaimer
5. Stop Paying Your Credit Card Company
If you have credit card debt, you know. The anxiety, the interest rates, the fear you’re never going to escape… but a website called AmONE wants to help.
If you owe your credit card companies $100,000 or less, AmONE will match you with a low-interest loan you can use to pay off every single one of your balances.
The benefit? You’ll be left with one bill to pay each month. And because personal loans have lower interest rates (AmONE rates start at 6.40% APR), you’ll get out of debt that much faster.
It takes less than a minute and just 10 questions to see what loans you qualify for.
6. Lock In Affordable Term Life Insurance in Minutes.
Let’s be honest—life insurance probably isn’t on your list of fun things to research. But locking in a policy now could mean huge peace of mind for your family down the road. And getting covered is actually a lot easier than you might think.
With Best Money’s term life insurance marketplace, you can compare top-rated policies in minutes and find coverage that works for you. No long phone calls. No confusing paperwork. Just straightforward quotes, starting at just $7 a month, from trusted providers so you can make an informed decision.
The best part? You’re in control. Answer a few quick questions, see your options, get coverage up to $3 million, and choose the coverage that fits your life and budget—on your terms.
You already protect your car, your home, even your phone. Why not make sure your family’s financial future is covered, too? Compare term life insurance rates with Best Money today and find a policy that fits.
Not sure if you can in the states but in the UK you can do this for any class of Uber Vehicle as long as the driver holds the relevant licenses and you have insurance which covers him to drive as a private hire driver
- Dont rent or lease a car to drive for Uber period! JUST DONT.
- If you live in a major Uber market such as San Francisco , Los Angeles, Houston, Atlanta, or NY consider getting a used ‘luxury hybrid’ such as a Lexus ES300h or a Lincoln MKZh. (2–3 years old w no more than 25k miles and still in original warranty period. This will cost $22–24k but enables you to drive Uber Select which is way more profitable. You don't need to get a fully loaded model. All you want is the ‘luxury mark’ , you don't need all the bells and whistles.
- If you don't live in a major market or are in a market that doesn't su
- Dont rent or lease a car to drive for Uber period! JUST DONT.
- If you live in a major Uber market such as San Francisco , Los Angeles, Houston, Atlanta, or NY consider getting a used ‘luxury hybrid’ such as a Lexus ES300h or a Lincoln MKZh. (2–3 years old w no more than 25k miles and still in original warranty period. This will cost $22–24k but enables you to drive Uber Select which is way more profitable. You don't need to get a fully loaded model. All you want is the ‘luxury mark’ , you don't need all the bells and whistles.
- If you don't live in a major market or are in a market that doesn't support Uber Select OR you just can't afford $22–24k for a car then buy a 3–4 year old Toyota Prius One with less than 30k miles for around $14k or a Prius V for $16k (much roomier)
Get a hybrid PERIOD.
Doing 35% Uber Select figure you'll average $10/trip
Otherwise around $6/trip.
Forgot about hourly earnings , that's irrelevant. More important is $$/miles driven
Some days driving Uber Select you'll make $50/hr some days 20/hr. Driver UberX it'll be $30/10hr.
Depending on city you'll get additional bonuses if you hit a target number of trips driven which can be up to a couple hundred bucks / week.
Don't drive around trolling for rides. This wastes gas and puts extra miles on your car.
When your in between trips just park close to your last drop off and WAIT for a ping.
If you aren't lucky to live in a ‘real’ city and just dropped someone off out in the boondocks then drive back to the closest population concentration and wait there.
There are several types of small business insurance that cater to different aspects of a business's operations. Here are a few of the most common types of insurance:
- General Liability Insurance: Essential for businesses with customer interactions, it can cover claims of bodily injury, property damage, reputational harm, and advertising injury. For example, if a customer slips and falls in your store, this insurance can cover their medical bills.
- Professional Liability Insurance: This coverage is important for business that provide professional services or advice. It helps protect against claims
There are several types of small business insurance that cater to different aspects of a business's operations. Here are a few of the most common types of insurance:
- General Liability Insurance: Essential for businesses with customer interactions, it can cover claims of bodily injury, property damage, reputational harm, and advertising injury. For example, if a customer slips and falls in your store, this insurance can cover their medical bills.
- Professional Liability Insurance: This coverage is important for business that provide professional services or advice. It helps protect against claims of negligence, mistakes or failure to deliver services as promised.
- Workers' Compensation Insurance: Mandatory in most states, it provides benefits for work-related injuries or illnesses, including medical care, lost wages, and disability benefits. For instance, if an employee gets tendonitis from lifting heavy boxes, this coverage can help with their treatment.
- Commercial Property Insurance: Important for businesses with physical assets, it helps cover property damage from theft, fire, and natural disasters. This ensures you can repair or replace damaged property without bearing the full financial burden.
- Commercial Auto Insurance: Essential for businesses that use vehicles for operations, this helps cover damages and liabilities arising from accidents involving company vehicles. It can include coverage for bodily injury, property damage, and medical payments.
Choosing the right insurance for your small business involves assessing your unique needs and consulting with an advisor to pick from comprehensive policy options. With over 200 years of experience and more than 1 million small business owners served, The Hartford is dedicated to providing personalized solutions that help you focus on growth and success. Get a quote today!
You can. But there isn't enough money to go around. Not enough income to be shared now that Uber fares are less than $1/mile.
I once met a man who drove a modest Toyota Corolla, wore beat-up sneakers, and looked like he’d lived the same way for decades. But what really caught my attention was when he casually mentioned he was retired at 45 with more money than he could ever spend. I couldn’t help but ask, “How did you do it?”
He smiled and said, “The secret to saving money is knowing where to look for the waste—and car insurance is one of the easiest places to start.”
He then walked me through a few strategies that I’d never thought of before. Here’s what I learned:
1. Make insurance companies fight for your business
Mos
I once met a man who drove a modest Toyota Corolla, wore beat-up sneakers, and looked like he’d lived the same way for decades. But what really caught my attention was when he casually mentioned he was retired at 45 with more money than he could ever spend. I couldn’t help but ask, “How did you do it?”
He smiled and said, “The secret to saving money is knowing where to look for the waste—and car insurance is one of the easiest places to start.”
He then walked me through a few strategies that I’d never thought of before. Here’s what I learned:
1. Make insurance companies fight for your business
Most people just stick with the same insurer year after year, but that’s what the companies are counting on. This guy used tools like Coverage.com to compare rates every time his policy came up for renewal. It only took him a few minutes, and he said he’d saved hundreds each year by letting insurers compete for his business.
Click here to try Coverage.com and see how much you could save today.
2. Take advantage of safe driver programs
He mentioned that some companies reward good drivers with significant discounts. By signing up for a program that tracked his driving habits for just a month, he qualified for a lower rate. “It’s like a test where you already know the answers,” he joked.
You can find a list of insurance companies offering safe driver discounts here and start saving on your next policy.
3. Bundle your policies
He bundled his auto insurance with his home insurance and saved big. “Most companies will give you a discount if you combine your policies with them. It’s easy money,” he explained. If you haven’t bundled yet, ask your insurer what discounts they offer—or look for new ones that do.
4. Drop coverage you don’t need
He also emphasized reassessing coverage every year. If your car isn’t worth much anymore, it might be time to drop collision or comprehensive coverage. “You shouldn’t be paying more to insure the car than it’s worth,” he said.
5. Look for hidden fees or overpriced add-ons
One of his final tips was to avoid extras like roadside assistance, which can often be purchased elsewhere for less. “It’s those little fees you don’t think about that add up,” he warned.
The Secret? Stop Overpaying
The real “secret” isn’t about cutting corners—it’s about being proactive. Car insurance companies are counting on you to stay complacent, but with tools like Coverage.com and a little effort, you can make sure you’re only paying for what you need—and saving hundreds in the process.
If you’re ready to start saving, take a moment to:
- Compare rates now on Coverage.com
- Check if you qualify for safe driver discounts
- Reevaluate your coverage today
Saving money on auto insurance doesn’t have to be complicated—you just have to know where to look. If you'd like to support my work, feel free to use the links in this post—they help me continue creating valuable content.
Its not totally clear what you are proposing, so I am going to cover every scenario I think you could be considering
Scenario 1: You qualify yourself and your car to drive for Uber and then you hook it up with an iPhone to run the app from. Then you hire a guy who looks like you (or at least like the picture Uber has of you) to drive the car during specific hours.
Scenario 1 rating: FAIL. You would be committing fraud.
Scenario 2: You rent your car to someone who wants to be an Uber driver. This would mean putting them on your insurance or having them add the car to their insurance. Are y
Its not totally clear what you are proposing, so I am going to cover every scenario I think you could be considering
Scenario 1: You qualify yourself and your car to drive for Uber and then you hook it up with an iPhone to run the app from. Then you hire a guy who looks like you (or at least like the picture Uber has of you) to drive the car during specific hours.
Scenario 1 rating: FAIL. You would be committing fraud.
Scenario 2: You rent your car to someone who wants to be an Uber driver. This would mean putting them on your insurance or having them add the car to their insurance. Are you planning on using the car when they are not driving for Uber?
Scenario 2 rating: Possible but not probable. How much you could make by renting your car to someone really depends on your salesmanship (seriously, if you could talk someone into paying quite a lot, then you could make money). How much money you could keep would depend on the costs involved (insurance, depreciation, gas, taxes). But if you have a loan on the car, you might be violating the agreement with your lender.
But in case there is another scenario that you intended I will offer this blanket explanation of why I think it won't work: I think the profile of a successful Uber driver (and I have interviewed quite a few) is vastly different from the average. Uber drivers who game the system by knowing where to drive and when, plus using other services strategically to stay in the surge zones, make more money than drivers who just take every ride offered no mater where it takes them and drive whenever its convenient. So if you are paying someone to drive the car, how likely are they to bother gaming the system to make as much as possible for you?
I believe you can employ a family member for UberX—- I would not be surprised if I was wrong, however.
A fleet? Dude, you lose money with a single car…if you just want to throw money away, I mean, I'll take it. Both years I had Uber income on my tax return, it was negative. If it's not making sense yet: you spend more than you make. Between gas, time/distance between trips, depreciation, maintenance, insurance, registration fees, taxes, and repairs, there's nothing left. As a former Uber driver, find a better business. Also, if one of your drivers was in an accident, Uber will drop them on their ass whether it was their fault or not, and you'll be the easiest one to sue for wrongful termination
A fleet? Dude, you lose money with a single car…if you just want to throw money away, I mean, I'll take it. Both years I had Uber income on my tax return, it was negative. If it's not making sense yet: you spend more than you make. Between gas, time/distance between trips, depreciation, maintenance, insurance, registration fees, taxes, and repairs, there's nothing left. As a former Uber driver, find a better business. Also, if one of your drivers was in an accident, Uber will drop them on their ass whether it was their fault or not, and you'll be the easiest one to sue for wrongful termination.
This question sounds like you know how much a rider pays for an Uber, but not how little the driver makes. Here's a couple of trip breakdowns from the driver app:
As you can see…the money all goes to Uber, even though the driver covers 99.9999% of all of the costs and risks associated with the business. And Uber told all of its passengers not to tip anyone! Its a scam. Flat out, plain and simple.
Depends.
I drive in a very busy market (Nashville) and I found that running UberX and Lyft in my 2012 Volvo XC60, while profitable enough to be worth doing, wasn’t ideal. I could give Lyft Lux rides in it, and I would get a few. I imagined that many more people would request XLs though, and at the same rate as Lux, XL would be more profitable.
I asked around a few drivers, and they told me it was kind of hard to say, but the idea continued to gnaw at me until I found a 2010 Toyota Sienna about $2500 under book value. I took the plunge and man it’s been great! Compared to the Volvo, I make about
Depends.
I drive in a very busy market (Nashville) and I found that running UberX and Lyft in my 2012 Volvo XC60, while profitable enough to be worth doing, wasn’t ideal. I could give Lyft Lux rides in it, and I would get a few. I imagined that many more people would request XLs though, and at the same rate as Lux, XL would be more profitable.
I asked around a few drivers, and they told me it was kind of hard to say, but the idea continued to gnaw at me until I found a 2010 Toyota Sienna about $2500 under book value. I took the plunge and man it’s been great! Compared to the Volvo, I make about $300 more per weekend slinging XL! Since March, I can count on ONE HAND the number of weekends I haven’t broken $1,000. With the Volvo, I could hit it, but only a few times a year on holiday weekends, etc. I also found that I’m driving about 50 fewer miles per day, which equates to less fuel used and longer life of vehicles and their components.
A word of caution: Remember that an XL qualifying vehicle is going to be:
- More expensive to purchase than a non-XL qualifying vehicle
- Get much worse fuel economy than a non-XL qualifying vehicle
- Brakes, tires, and suspension work will be much more expensive compared to a non-XL qualifying vehicle
- More prone to heavy depreciation than a non-XL qualifying vehicle
- More expensive to insure than a non-XL qualifying vehicle
- Harder to maneuver in tight spaces than a non-XL qualifying vehicle
Examine your market VERY closely. Look at all the other drivers in your area. What do they drive? How often do you see large groups piling out of Uber minivans or Suburbans? Then, calculate your current fuel mileage and how much operational cost fuel is for you currently, then run it again, but factoring a vehicle that gets 16MPG. Can you afford it in the worst case scenario that you only get UberX rides? I find that turning off UberX means drastically fewer rides, but the rides I get are obviously all XL, and worth a lot more. Even still, it doesn’t make me as much as accepting everything I’m sent. Finally, consider your overhead. Honda Civics can go 400,000 miles with not many problems, they get great fuel economy, and they’re inexpensive. Will stepping into an XL qualifying vehicle at a much higher overhead be worthwhile when it comes to getting enough XL rides to offset the costs? That’s for you to decide. Personally, even if the XL rides only breaks even on the extra overhead, you’re still in a nicer, spacious vehicle that’s more comfortable for you while you’re working, and there’s always a perk to having a nicer office.
Yes, if you are doing it with your eyes open. Uber black cars are not necessarily "professional" in terms of being licensed commercially. I drove one for two years, the cars were owned by limo companies. If you own a car then you are a "partner" and you can register your car with Uber once you jump through their hoops.
One main thing to keep in mind is that the car will get a lot of miles which will depreciate it quickly. If it is driven full time ( I drive between 135 and 200 miles a night, five nights a week) you can see what kind of depreciation will result. I have had to replace brakes four
Yes, if you are doing it with your eyes open. Uber black cars are not necessarily "professional" in terms of being licensed commercially. I drove one for two years, the cars were owned by limo companies. If you own a car then you are a "partner" and you can register your car with Uber once you jump through their hoops.
One main thing to keep in mind is that the car will get a lot of miles which will depreciate it quickly. If it is driven full time ( I drive between 135 and 200 miles a night, five nights a week) you can see what kind of depreciation will result. I have had to replace brakes four times in a year (due to San Francisco hills). And then there are tires. The last time I looked Costco had Michelin tires with a 90,000 mile guarantee for about $600 a set of four. I drive around 50,000 miles a yeaar.
If you go the commercial route you will need to register with the PUC and pay them a fee as well as maintain commercial insurance, which will be perhaps $200 or more a month around here. A good driver can take in a total (after Uber takes 20%) of around $1100-$1400 a week, working nine hours a night five nights a week. You are proposing sharing this revenue. Know what you're getting into.
Luke Bornheimer said Uber takes 20% is not true, Uber takes 55% in my case.
Tip is NOT included.
Rider pay $118.78
Uber Receives: $65.23
65.23/118.78 = 54.9%
Luke Bornheimer said Uber takes 20% is not true, Uber takes 55% in my case.
Tip is NOT included.
Rider pay $118.78
Uber Receives: $65.23
65.23/118.78 = 54.9%
I like it! Unlike most drivers, I drive full-time and rarely late at night. I like the fact that I can sign in to drive from my home as soon as I am ready to go. If I want to take an afternoon or a day off, I can do that too. Very flexible. I also like the fact that I never quite know where I will end up each day. My first ride usually dictates where I will hang out that day. I have learned so much about our city and its surrounding areas in the last year that I really know it well. I love being able to help visitors find their way around and give suggestions for places to go and things to do.
I like it! Unlike most drivers, I drive full-time and rarely late at night. I like the fact that I can sign in to drive from my home as soon as I am ready to go. If I want to take an afternoon or a day off, I can do that too. Very flexible. I also like the fact that I never quite know where I will end up each day. My first ride usually dictates where I will hang out that day. I have learned so much about our city and its surrounding areas in the last year that I really know it well. I love being able to help visitors find their way around and give suggestions for places to go and things to do. The people who ride Uber have been very nice and I rarely have a problem. Again, I don’t pick up at bars during closing time, so that helps quite a bit. It is not easy making a good living full-time, but for me the income is good. I think Uber is best for those who want to work it as a part-time gig and are willing to work Friday and Saturday nights into the wee hours. Try it and see! My referral code is 32cs1ue. Thanks!
To better answer your question let me say this
First and foremost it really depends on your market, the large markets that easily support car services and limo services will do well with a premium car in the UBER and LYFT services in the select and lux classes.
Smaller or more rural markets not so much
I drive a Tesla Model X seven seat all electric vehicle
I do quite well at about $2500 a week, I have two phones one on UBER and one on LYFT so I can be online with both I do not have auto accept enabled so if two rides come in at the same time I can choose the best one and go offline on the other p
To better answer your question let me say this
First and foremost it really depends on your market, the large markets that easily support car services and limo services will do well with a premium car in the UBER and LYFT services in the select and lux classes.
Smaller or more rural markets not so much
I drive a Tesla Model X seven seat all electric vehicle
I do quite well at about $2500 a week, I have two phones one on UBER and one on LYFT so I can be online with both I do not have auto accept enabled so if two rides come in at the same time I can choose the best one and go offline on the other phone
This lets me maximize my time and eliminate dead time
The other advantage is that my mid 2018 TMX has free Supercharging and I get to claim the $.50+ mileage deduction from my taxes which increases my annual take home pay by about 30-40%
Daily car washes + tires and brakes oare about my only real expenses
Income from end of June to end of 2018 ended up being a bit over $65,000
It’s very simple. REFUSE!. If I carry more people than I have seat belts for, my insurance in not valid. I have had this happen a number of times and usually it involves intoxicated people under the age of twenty five who are clueless and insensitive.
Years ago when I drove a cab on one occasion during the 1980’s the 49ers won the Super Bowl. I am not a sports fan so I couldn’t care less. I had six people try to get into my cab after the win and everyone was partying, at the front door of one of San Francisco’s biggest fanciest hotels. I sat still and quietly repeated over and over, “I cannot c
It’s very simple. REFUSE!. If I carry more people than I have seat belts for, my insurance in not valid. I have had this happen a number of times and usually it involves intoxicated people under the age of twenty five who are clueless and insensitive.
Years ago when I drove a cab on one occasion during the 1980’s the 49ers won the Super Bowl. I am not a sports fan so I couldn’t care less. I had six people try to get into my cab after the win and everyone was partying, at the front door of one of San Francisco’s biggest fanciest hotels. I sat still and quietly repeated over and over, “I cannot carry more than four passengers” until the rowdy crowd quieted down long enough to hear me. Finally they began to leave with the last young man screaming, FUCK YOU FORTY NINERS ARE NUMBER ONE, to which as I drove away, blissfully empty, I said to myself, “thank you for making my point for me as to why I won’t carry people like that. The fact is NO DRIVER HAS TO, EVER!
Uber SUV driver here. Work mornings, 4:00 am to about 1:30 pm, weekdays. As an SUV driver, I automatically receive black car dispatch. In fact, black car calls comprise approx. 80% of my requests. But, after the morning airport and commute rush, which dies out at around 10 - 10:30 am, both SUV and Black calls slow down a lot. It's at this time that I turn on the Lyft app and run both side by side. Sure, the Lyft pay is not great, but it's better than nothing, and depending on luck, it's not uncommon to get a Lyft Plus call going quite a long way. For example, this morning, I got a handf
Uber SUV driver here. Work mornings, 4:00 am to about 1:30 pm, weekdays. As an SUV driver, I automatically receive black car dispatch. In fact, black car calls comprise approx. 80% of my requests. But, after the morning airport and commute rush, which dies out at around 10 - 10:30 am, both SUV and Black calls slow down a lot. It's at this time that I turn on the Lyft app and run both side by side. Sure, the Lyft pay is not great, but it's better than nothing, and depending on luck, it's not uncommon to get a Lyft Plus call going quite a long way. For example, this morning, I got a handful of airports on SUV and black, then a very long Black ride for about about 45 miles, $125 gross. I stayed in that town for a couple of hours, had lunch, did a few short, cheap Lyft rides. Then, like magic, got a Lyft plus ride all the way back to my start point, for about $80 gross. So, as you see, it's all about timing. If I wanted to add XL I can, but I choose not to do it, because even though it's slow, I don't want to water down my SUV and Black potential with XL requests, because during the morning rush, I want to focus exclusively on the real moneymakers. Uber office told me I can't simply add XL to the mix at will. It's either all or nothing. No thanks.
Absolutely!
Let me give you an example:
Jordan retired early after selling his company for millions and decided to drive for Uber a few days a week to get out of the house and socialize. Jordan owns a Tesla Model X.
Jordan enjoys the reactions of people as they get to ride in his car, and he gets to share his wealth with others at the same time. As such, he doesn’t care if someone orders a low-end ride or a high-end ride. However, he notices that almost every ride adds a tip of between $2 and $20 to the regular fare. Jordan received ride types of Uber X, Uber Comfort, and Uber Premier.
On the othe
Absolutely!
Let me give you an example:
Jordan retired early after selling his company for millions and decided to drive for Uber a few days a week to get out of the house and socialize. Jordan owns a Tesla Model X.
Jordan enjoys the reactions of people as they get to ride in his car, and he gets to share his wealth with others at the same time. As such, he doesn’t care if someone orders a low-end ride or a high-end ride. However, he notices that almost every ride adds a tip of between $2 and $20 to the regular fare. Jordan received ride types of Uber X, Uber Comfort, and Uber Premier.
On the other side of town, Holly relies on driving for Uber and Lyft to bring in enough money to make ends meet while her kids are at school. Holly drives an older Prius that she was able to buy for a pretty good deal.
Holly drives because she has to have something flexible for her kids. She rarely gets tipped more than $1 or $2 and only can take Uber X rides, which are the lowest-paying ride type.
On the other hand, Sarah drives a Black Kia Optima on the weekends during bar hours. Sarah is a petite brunette who chooses to wear heels and a sleek evening dress very club appropriate. She spends hours preparing her hair and makeup before going online. Even though she also only receives Uber X ride requests, she also usually receives tips of between $5 and $50. I saw Sarah once when we were both leaving the staging area for an airport pickup at the same time. Even I wanted to tip her $20!
It cannot be assessed so easilly. u have make a detailed study,
First decide whether to take the vehicle on lease from Uber and pay EMI. Then what is the amount of EMi ? or
Purchase vehicles by yourself and attatch it to Uber. U can drive yourself or engage a driver . If you engage driver u have to pay his wages..
Uber only pays on the basis of the amount earned by you. They take their commission and pay u online.
Now u have to think whether it is profitable to you after meeting out the following items
- Pay Uber commission
- Pay drivers salary
- Pay for fuel
- Meet out maintenance charges
- Pay insurance annual
It cannot be assessed so easilly. u have make a detailed study,
First decide whether to take the vehicle on lease from Uber and pay EMI. Then what is the amount of EMi ? or
Purchase vehicles by yourself and attatch it to Uber. U can drive yourself or engage a driver . If you engage driver u have to pay his wages..
Uber only pays on the basis of the amount earned by you. They take their commission and pay u online.
Now u have to think whether it is profitable to you after meeting out the following items
- Pay Uber commission
- Pay drivers salary
- Pay for fuel
- Meet out maintenance charges
- Pay insurance annually
- Now and then change parts if warranted
- Meet out FC tax etc
After meeting out all the above expenses what remains in ur hands is your profit.
OK ?
The answer to your question is no. First place, you couldn’t do what you suggest because the insurance on the vehicle has to be in the driver’s name. Second, place by the time you take into account wear and tear on the vehicle, gas and paying the driver there would be little left over or you would be in the negative. If you would read the comnent about Uber online you would realize that ride shares are similar to ponzi schemes. They both rely on bringing more and more people into the scheme. I can look at the waiting line at the Uber Lot at our airport. There are currently 116-120 cars waiting
The answer to your question is no. First place, you couldn’t do what you suggest because the insurance on the vehicle has to be in the driver’s name. Second, place by the time you take into account wear and tear on the vehicle, gas and paying the driver there would be little left over or you would be in the negative. If you would read the comnent about Uber online you would realize that ride shares are similar to ponzi schemes. They both rely on bringing more and more people into the scheme. I can look at the waiting line at the Uber Lot at our airport. There are currently 116-120 cars waiting for Uber X trips and 30-40 waiting for Uber XL trips. That is at 10pm. During the day there would be again as many people.
That means that generally you are competing for Uber rides with a large number of other drivers. And if it weren't bad enough they keep bring on more and more driver to compete with the current drivers. Finally, over the last few years they have been sqeezing the share of the fee that the driver receives to the point many of us have slowed down or quit taking rides.
It was abour 80/20 when I started and now sometimes it is less than 70/30 drivers share to Uber's share. They can squeeze us because every day a new person begins driving for one of the ride share companies thinking they can make a living driving ride share.
Yes, it’s been my full-time job for over five years now. The pay is reasonable, provided you work the anti-social hours. Most days I start mid-to-late afternoon, and finish around 4–5AM, with a 1–2 hour break in the middle of the evening, when it’s quieter.
I’m a night-owl by nature, and my family is grown up, so it works for me. But if you are not a night-owl, and/or if you have a young family that needs you around, this might not be the job for you.
Ride share came in with all the usual Rah-rah and hype of pyramid selling. Stars and fireworks. Wads of $100 notes falling from the sky.
Soooo easy EVERYBODY in the city busting to go somewhere but not able because there are not enough taxis. AND those that are there are old, worn, stink and driven by, well, have you risked taking a taxi lately? Enough said.
Right now you are sitting at home bored a
Ride share came in with all the usual Rah-rah and hype of pyramid selling. Stars and fireworks. Wads of $100 notes falling from the sky.
Soooo easy EVERYBODY in the city busting to go somewhere but not able because there are not enough taxis. AND those that are there are old, worn, stink and driven by, well, have you risked taking a taxi lately? Enough said.
Right now you are sitting at home bored and broke. So simple. Why not jump into your car and go for a nice drive for a few hours a week. AND, even better, get paid for it. Win WIN.
Some with the car they own, some upgrading and some investin...
I tell them to get out. I turn off the car if necessary. I repeat over and over "I only have seat belts for four people. Everyone has to have a seat belt." If I get any guff it's automatically 1 star and a problem-with-rider report sent to Uber. I've started dialing 911 before. Usually when this happens it's drunks and there are cops around. I'll take the keys with me and start walking over to one. Usually does the trick.
It is your car. Uber doesn't own it. The rider doesn't own it. You do. If you don't want someone in your car, they have no right to enter or remain.
Honestly, driving for UberX has its ups and downs. I typically drive on Friday and Saturday nights, and can usually clear about $2-300 a weekend doing so. I use Uber to augment my day job as an Assistant Manager with Dominos pizza.
A typical night goes as such. Leave the house around 7pm, and drive to a "hot" area that I have either identified through experience or just trust the heat map on the Uber app. I then wait for a pickup, and get the night started. Friday nights I average around 5-6 runs between 8pm and midnight-2am. I normally cruise the hot areas around midnight and decide if I w
Honestly, driving for UberX has its ups and downs. I typically drive on Friday and Saturday nights, and can usually clear about $2-300 a weekend doing so. I use Uber to augment my day job as an Assistant Manager with Dominos pizza.
A typical night goes as such. Leave the house around 7pm, and drive to a "hot" area that I have either identified through experience or just trust the heat map on the Uber app. I then wait for a pickup, and get the night started. Friday nights I average around 5-6 runs between 8pm and midnight-2am. I normally cruise the hot areas around midnight and decide if I will continue driving, or call it a night if it looks slow.
the riders are a diverse group. earlier in the night they are typically headed out to party, and as such the ratings tend to be a bit better. After last call, the average rider is not totally in control of their faculties, and as such can be a bit "off" and ratings normally come a day or so later, and are lower than what I would consider appropriate (the later the rating comes, the less likely for a 5 star, and the rider probably doesn't remember most of it)
GPS issues are becoming more and more frequent, and this is affecting the riders and the drivers in a negative manner. I have to hunt to find them (even when I am where the app says they are) and the rider gets to wait for a car that says they are there. These are now being reported religiously, although Uber doesn't seem to do much about it or care if it results in a poor rating for the drivers.
I have seen anecdotal evidence through local Yelp reviews that riders DO INDEED fault the driver for any issue with the ride, whether its a hardware, software, driver or surge issue. The driver is the only way they can show either pleasure or displeasure with the service, and this, frankly only hurts the drivers.
Im beginning to feel more and more that we are treated as an expendable and infinitely renewable resource for Uber, and that when we eventually do get deactivated, that there are 10 more fresh fish ready to take our place.
Overall I like driving for Uber, but there are some things that need improvement. My short list would be this
1) give the driver a picture of the rider to more readily ID them at pickup
2) have a separate rating for the service available, and not have the drivers bear the brunt of the public outrage at surge or other issues beyond driver control
3) discounting of poor ratings for drivers who get poor ratings for other than service quality delivered by the DRIVER
4) discounting of ratings more than 24 hrs after a ride is completed.
5) better followup with the drivers on GPS issues
Sure .., just don’t expect a bunch of profit. Build a base of “direct pay to you” riders and accept all cards via the free square app card reader and ALL of the cash apps (cash app, Zelle, pay pal, Venmo) get some business cards printed up (vista print) and make business relationships with hotel valet companies, retirement communities and be a sober solid person of integrity that arrives early. Check into arcade city square app. Be on call for your customer base. Make it super easy for them and keep the Tesla ultra clean and fresh. Get progressive insurance black tie policy which should be abo
Sure .., just don’t expect a bunch of profit. Build a base of “direct pay to you” riders and accept all cards via the free square app card reader and ALL of the cash apps (cash app, Zelle, pay pal, Venmo) get some business cards printed up (vista print) and make business relationships with hotel valet companies, retirement communities and be a sober solid person of integrity that arrives early. Check into arcade city square app. Be on call for your customer base. Make it super easy for them and keep the Tesla ultra clean and fresh. Get progressive insurance black tie policy which should be about $5,600/yr for 1 million in coverage. Google Dave Ramsey endorsed auto insurance providers. Look for your area. Genuinely care about all others. PM me if you need more info.
As the owner of such a company your costs will include the maintenance of the cars and their insurance. In addition you will need to be aware of any kind of legal or moral responsibility to the drivers. You will need to vet them to be sure they have a clear enough background to be a good risk and that they will drive enough and thus know their way around enough to make enough money to be worth your time.
My own car usually drives around 100 to 150 miles a night for an eight hour shift. My cars have needed new brakes four times a year, an oil change every other month and require constant cleani
As the owner of such a company your costs will include the maintenance of the cars and their insurance. In addition you will need to be aware of any kind of legal or moral responsibility to the drivers. You will need to vet them to be sure they have a clear enough background to be a good risk and that they will drive enough and thus know their way around enough to make enough money to be worth your time.
My own car usually drives around 100 to 150 miles a night for an eight hour shift. My cars have needed new brakes four times a year, an oil change every other month and require constant cleaning. You have to decide how much money you can manage to request from drivers in the percentage of the revenue they generate after Uber takes 20% in order to function reasonably. You will then be in the taxi business, though Uber prefers that you use their name to describe that. You could be doing the same thing with Lyft I presume, unless you are focused on the black car and SUV markets. There is higher volume in the UberX market but lower fares. I'd be fascinated to hear how you do.
If your vehicle qualifies as an Uber XL then you could accept both. Vehicles that qualify as XL are bigger and use more gas. I have found 90% of my riders are UberX. Don't think it's worth just accepting Uber XL riders. But your area could be different. I accept both. Now I wish I had a smaller car with better gas mileage. Of course gas prices going way up due to the hurricanes does help with profits. I do wish Uber would consider a fuel surcharge when gas prices spike.
I've struggled with this in my market - Lubbock, TX. The riders here are savvy and will often wait for the ride to start before they get the rest of the pack. Either that or they will walk to the car and load up in such a way that I don't notice the two extra heads in the back seat until halfway to the destination - that level of skill is rare and I'm usually not even mad. To mitigate this, there's a few things I do.
- Check that star rating - anything lower than a 4.7 raises flags for me. I'll take them and be the best driver they ever had, but I'll be mindful, as well, of the circumsta
I've struggled with this in my market - Lubbock, TX. The riders here are savvy and will often wait for the ride to start before they get the rest of the pack. Either that or they will walk to the car and load up in such a way that I don't notice the two extra heads in the back seat until halfway to the destination - that level of skill is rare and I'm usually not even mad. To mitigate this, there's a few things I do.
- Check that star rating - anything lower than a 4.7 raises flags for me. I'll take them and be the best driver they ever had, but I'll be mindful, as well, of the circumstances.
- Be aware of where you're picking up at - concerts and night clubs frequented by the younger crowd, as well as any house party or Greek Life event, lend themselves to this behavior. A surge only makes it more likely.
- Watch the approach - Is there a large crowd? Do they swarm around the car? Are there pairs or triads that split up unnaturally to enter the car and are they still engaging with one another?
- Do they "own the Uber?" - Entering and using dominant body language and vocal cues, providing no verification of identity before giving a destination, etcetera. These are behaviors that indicate the passengers are attempting to impose their own rule set on the space.
After taking in the warning signs, and before starting the trip, ask if the group is ready to go. If they have extra passengers, they will normally reveal this at that point. If they say yes, put the car in gear. Start the trip only after you've started moving and you'll likely not be surprised by extra passengers.
When confronted with an over capacity situation, my response has been to explain to the passengers that I risk a ticket and deactivation from Uber. As well, I explain that I've found the experience to not be very Uber given the cramped quarters. I tell the passengers that since the experience has already been turned to a negative one by their request that I violate the law and my contract policies, that I am uncomfortable with continuing the ride and will be canceling the ride request. I then ask them to exit the vehicle. Almost never should you continue a trip that started on such a negative footing. The minor embarrassment of having to call another Uber because they screwed up this one helps to produce a chilling effect on the behavior. There are exceptions - if ordered to do so by law enforcement, if the situation is an emergency; go with your gut.
That said, always be professional, polite, and firm. A tense situation has just developed and being anything but polite will not help defuse it. If the rider or their guests are verbally abusive towards you, report it to Uber. If they become threatening, violent, or if they vandalize the car, do what you need to do to secure yourself and your safety, then immediately call emergency services, and then, after the dust settles, report it to Uber. Reporting to Uber is important as vindictive passengers have been known to make claims against drivers. That initial report from the driver provides a baseline of legitimacy for all actions taken during the incident. Be detailed.
Mind you, this is my own policy based off my own experiences with drunks. I've had my paint scuffed by kicked doors after requesting a group leave due to being over capacity; I've been threatened to have my ass kicked by a group of six fraters, only to have the senior brothers appear from nowhere to prevent a major scene; I've had four sorority girls get in and seven get out and I'm still impressed at that accomplishment. Be safe out there and Uber on.
I drive a Chevrolet Bolt.
Cons:
- Expensive up front investment. Driver seat uncomfortable for some. I’m okay with it.
Pros:
- Incredibly inexpensive to operate, ignoring depreciation. Suffice it to say I did the math and it is worth the investment.
- $1.60/100km for electricity average for year round. I live in Toronto; temperature range is -20 to +30C
- Only two service intervals; rotate tires every 8,000km, change coolant every 240,000km
- Brake pads likely to last much longer since only used for emergency braking. I’ve read estimates of 500,000km for electric cars
- Very roomy interior, both knee and head roo
I drive a Chevrolet Bolt.
Cons:
- Expensive up front investment. Driver seat uncomfortable for some. I’m okay with it.
Pros:
- Incredibly inexpensive to operate, ignoring depreciation. Suffice it to say I did the math and it is worth the investment.
- $1.60/100km for electricity average for year round. I live in Toronto; temperature range is -20 to +30C
- Only two service intervals; rotate tires every 8,000km, change coolant every 240,000km
- Brake pads likely to last much longer since only used for emergency braking. I’ve read estimates of 500,000km for electric cars
- Very roomy interior, both knee and head room
- Unique interior. I get compliments all the time.
- Built-in wi-fi
- Good luggage capacity
- A real pleasure to drive in the city due to complete control over speed via one-pedal driving.
- Excellent acceleration and torque
- Sufficient range for the average 8 hr driving day city and highway. Bear in mind it is 45km each way from home to my main driving area. About twice a month I do a 30 minute quick charge to add 120km when I decide to drive longer. These are free as there are a number of free chargers in the Toronto area.
Only once have I had a ride outside my remaining return range. Took it anyway as I knew I could charge near the destination and was planning on heading home anyway.
Yes you can. You can register multiple drivers under your Uber Fleet Account under 1 Car. The only restriction is that you can use only one driver at a time as you need to assign the car to that particular one. And once car is assigned to one at one point of time than it cannot be assigned to anyone .
Say for example you can add 2 drivers under your 1 car and let them drive one by one. One in day and the other in night.
Yes of course, one of our companies in London has been using that revenue share model with chauffeur vehicles since 2001 and we have recently implimented that in conjunction with Uber as well - done in the right way and there shud be no NI or Tax implications as the drivers should be regarded as sub contractors - this model works well as both parties are motivated participators - let me know if you need further info
It depends on the level of service you desire from a car service .90% of people just want a ride .the other 10% are usually are looking for a service that not only gets them where they need to go.but more of a service that provides privacy, safety ,and familiarity. I had these clients when I drove for Uber that every Thurs I would pick up 1 of 6 stewardess from the airport And venture into the cit
It depends on the level of service you desire from a car service .90% of people just want a ride .the other 10% are usually are looking for a service that not only gets them where they need to go.but more of a service that provides privacy, safety ,and familiarity. I had these clients when I drove for Uber that every Thurs I would pick up 1 of 6 stewardess from the airport And venture into the city to this house where they all were renting.i did that for almost a year.they would call me ahead of time and I would be waiting for them same spot everytime usually with their drink of choice food whatever ,made sure when we arrived that they got in ok .BAM 100.00 ride .took 15 mins .I also picked up a few adult entertainers every night and took them home ,ya they gad cars and such.but they also got off in the early morning hours had large amounts of cash on them .I ...
That’s the main reason I didn’t switch from taxis.
Do your sums and pay attention to the bottom line.
Have a close look at a five year old taxi.Take note of the milage, the (even tiny) dents and scratches and the worn and damaged upholstery, lining and mats.
Ask how many gear boxes have been replaced. Then there’s brakes, tyres, shock absorbers and without being a mechanic you will be paying retail prices for all this.
Check the sale price of some taxis and compare with same model private cars.
The ride share mobs are all bright and shiny but look through the smoke and past the mirrors.
A good idea?
That’s the main reason I didn’t switch from taxis.
Do your sums and pay attention to the bottom line.
Have a close look at a five year old taxi.Take note of the milage, the (even tiny) dents and scratches and the worn and damaged upholstery, lining and mats.
Ask how many gear boxes have been replaced. Then there’s brakes, tyres, shock absorbers and without being a mechanic you will be paying retail prices for all this.
Check the sale price of some taxis and compare with same model private cars.
The ride share mobs are all bright and shiny but look through the smoke and past the mirrors.
A good idea? Think carefully before you leap.
I guess so.
But being an uberX driver is a pretty good job but being an uberX driver and nothing else would get a little boring after a while. it would be cool though is they let you drive really cool cars around.
They do, however they have to pay a lot more to keep the vehicle at 100 percent condition. That’s where the $200 a call comes in, but they don’t qualify for the low end rewards in X and XL.
Uber Black cars are heavily restricted. You need a qualified car on the Uber Black list. You also need to follow heavy restrictions including:
- All paint scratches are repaired
- Your car must be cleaned out before any rides. They don’t like trash, dirt, or filth in a Black car. That means you need to pay for Extensive Car Cleaning for $500 at most detailers.
- You’re required Commercial Insurance
- You must turn your
They do, however they have to pay a lot more to keep the vehicle at 100 percent condition. That’s where the $200 a call comes in, but they don’t qualify for the low end rewards in X and XL.
Uber Black cars are heavily restricted. You need a qualified car on the Uber Black list. You also need to follow heavy restrictions including:
- All paint scratches are repaired
- Your car must be cleaned out before any rides. They don’t like trash, dirt, or filth in a Black car. That means you need to pay for Extensive Car Cleaning for $500 at most detailers.
- You’re required Commercial Insurance
- You must turn your car in every maintenance cycle to keep the engine from sounding bad, any dents replaced, etc.
No , no, no!
Your best bet is NOT a hybrid or electric vehicle. That only addresses the expense of fuel consumption. You MUST consider the cost of maintenance and depreciation. In those cases, the hybrids and electrics are horrible choices. Unless you are a mechanic, or have a mechanic on staff experienced with hybrids, stay away.
Your best bet is a fairly old 4 cylinder Toyota, Honda, or Hyundai that has already depreciated down to less than 50% of it’s original value. The maintenance costs on these vehicles are among the lowest overall. The depreciation has already taken its hit. And they get
No , no, no!
Your best bet is NOT a hybrid or electric vehicle. That only addresses the expense of fuel consumption. You MUST consider the cost of maintenance and depreciation. In those cases, the hybrids and electrics are horrible choices. Unless you are a mechanic, or have a mechanic on staff experienced with hybrids, stay away.
Your best bet is a fairly old 4 cylinder Toyota, Honda, or Hyundai that has already depreciated down to less than 50% of it’s original value. The maintenance costs on these vehicles are among the lowest overall. The depreciation has already taken its hit. And they get great mileage, even with a gasoline engine.
I would say that at least 70% of all Uber vehicles in the NYC area are previous generation Toyota Camrys with 4 cylinder engines. This holds true for cabs and taxis as well. Cab companies have been doing their thing forever. They have calculated every penny to drive profitability. If they use Camrys and Accords, then those are the most profitable vehicles to use.
For years, Ford and Chevy supplied vehicles to the taxi industry for cheap by delivering stripped down, ugly interior, vehicles at a fraction of the price of the consumer product. Even then, once cab companies started calculating and factoring their fleet maintenance expenses, they all switched to Toyota and Honda. They don’t even buy them direct. They buy them on the secondary market as used vehicles, then paint them, and put them in service as is.
Trust me, they have done the math. You are NOT going to reinvent the wheel.
In theory, the “commission” Uber gets is 20% or 25% depending on the date you became a “partner”, or as it’s called in the real world, “employee”. That’s the figure that Uber uses to sucker in new drivers and deceive them into thinking they’ll be making around $30 an hour, for just kicking back and driving a car around and picking people up. But, they always fail to mention all these little costs
In theory, the “commission” Uber gets is 20% or 25% depending on the date you became a “partner”, or as it’s called in the real world, “employee”. That’s the figure that Uber uses to sucker in new drivers and deceive them into thinking they’ll be making around $30 an hour, for just kicking back and driving a car around and picking people up. But, they always fail to mention all these little costs that Uber gets per ride from each passenger, as well as driver, in addition to their “commission”. Uber charges a “service fee”, a “booking fee” and any other charges they can get away with to fleece their passenger and drivers.
You’d think that the commission that Uber takes would cover any “service” or “booking” fees. No way, that would mean the drivers would a fair wage, and that goes against the entire Uber business model of disposable drivers and keeping as much of the pie as possible, regardless of ethics or labor laws. They’d rather pay lawyers and settle lawsuits than pay their drivers anything close to what they claim. Here’s an example of a recent Uber ride I gave. It was a whopping 1.44 miles fare, yet that doesn’t take into account the three or four miles I drove to the pickup and the time it took to get to reach the passenger. Those costs are on the driver, and never figured into the formulas Uber uses when they attempt to “sucker” new drivers to become partners. Now, this was a special fare, a “surge fare”, with a small bonus attached. . The rider paid $9.90 for that little ride. Of that amount, Uber received from me a Service fee of $1.90, a booking fee of $2.30. Uber made $4.20 out of a $9.90 fare. Not exactly the 25% they claim, is it? My payments are so convoluted, which are purposefully done so that the lazy and not so bright won’t look to closely at each fare’s breakdown. My “cut” was as follows: Base Fare $.75, Distance (1.44miles x $0.8625/mile) $1.24, Time (with fare only) 3.67 minutes x $0.1125 per minute $0.41, something called Min Fare Supplement $0.60, and the big surge bonus of $2.70 (which is can be pretty rare at times)….for a grand total of $5.70. So, Ubers cut was actually 42% for that particular fare.
Nowhere in that calculation are the following taken into account: the time I spent driving to the fare, the gas used that I paid for, the wear and tear on my car (tires, breaks, transmission, etc.), and also taxes which are my responsibility to pay as an independent contractor with a 1099 form. So, in reality I take home maybe 25% of a ride…so, in a sense Uber was telling the truth about the 25% only they failed to mention that it was YOUR cut and not theirs.
In my opinion, most driver do some 99% of the actual work, while Uber acta as a facilitator and software administrator and puts two people together. Given those figures, does that sound like an honest, or even an ethical, way to do business and treat their “partner so”. I believe it borders on straight up exploitation, fraud, and even theft.
But, I volunteered for this and nobody is holding a gun to my head and forcing me to do something against my will. However, in the time I’ve done this, I feel less and less motivated and more and more disillusioned with this “job” because, I’ve figured out that some nights have even COST me money for the honor of working for such an upstanding company. Due to some financial difficulties I found myself in, and some conversations with people who thought they knew about this type of business (they didn’t), I gambled on Uber as a way to help out,
With the rising fuel costs, I needed to rely on the Uber gas card to be able to afford the minimum $20-$25 in gas each night. And, compile that with the seasonal slow down in my area, I have found myself actually OWING Uber money for using their gas card. So, now I am Uber’s indentured servant and having to work for them solely to pay off the gas expense I ran up driving THEIR customers around. Until I pay off the $350+ gas bill, I can’t earn a dime from Uber. I can’t say I feel real motivated to spend more of my own money “working” for a company for the sole purpose of paying off a business cost that should fall on them to provide, considering the exorbitant percentage they “rob” each driver of. Lyft may not be the most honest, or ethical, either but when they say they’re taking 25% they take 25%, for the most part.
It would appear that Uber, and it’s business model, is all just a ...
Actually you can't employ a Driver to drive your car for uberX, What you can do is lease your car to a Driver, you must put him on your vehicle insurance, before you do all that make sure he's approved to drive for UberX or you will just waste your money.