After insurance, taxes, depreciation, car maintenance and wear/tear on your car. It makes no sense.
For a while Uber had a deal for drivers that if you did 65 rides/week they would cover the cost of a rental car. I learned that in Denver last year when my driver was actually rolling around in a rental.
They changed the rules on that though. Now they have agreements in place with car rental companies. Example: Hertz has an agreement with Uber. For $180/wk you can rent a car with no mileage limit, 24/7 roadside service, etc.
EDIT: I googled to confirm that my driver in Denver wasn't bullshitting me (he wasn't), but then I came across an uber driver forum. This is from March, around the time when the agreement changed LOL
I just calculated. If you rent and decide to work like other human beings 5 days a week, you need 19 rides a DAY to qualify for $55 equinox plus $40 rental tax. Plus my app says they add $9.99 for repairs . So I would need 19 rides a day to qualify for $105 a week payment.
For all the talk about immigration, I dont think even illegals work 7 days a week like we do.
We are below illegals .
I am returning my vehicle before 03/06 and will take a week off working on my business. I am glad my wife has I normal job
Try Amazon flex so you don't have to deal with idiots, i do it in an old ass Sentra that gets 35mpg when I'm not doing other shit and definitely ain't depreciating down to lower than $650 haha..
From what i know, Uber went from a great way for drivers to make some money a few years ago to a complete fucking nightmare with the way the company is run now.
From what i know, Uber went from a great way for drivers to make some money a few years ago to a complete fucking nightmare with the way the company is run now.
Yep the driver pay and surge bonus doesn't cover the operational costs in the DFW. Especially if the ride takes the driver a large distance away from another fare.
We had a female Uber driver from the airport to home last night and chatted about it some with her. She was saying that although the summer has been a bit slow, it's not uncommon for her to gross $1k plus a week, though she admitted she drove a lot. She said Lyft pays way better but not nearly as many rides.
Obviously we didn't get into net $ after gas and whatnot, but she said she rented for a while, and even did ok with that. She has been doing it a little over a year. Said initially she started just to fill the gap between jobs but it's been consistent enough, and she likes the flexibility, so she has kept doing it. She said it's about learning the 'game'.
Of course, her threshold of 'worth it' may be very different than some of ours!
ETA: We also asked her about feeling unsafe, and she says she hasn't yet. She said she has had some crappy passengers, but that's about all. She did say it can get pretty interesting, especially evenings (drunks), but that overall she really liked it.
Uber works differently in other markets. In San Diego they don't allow you to use any kind of a truck. That and they have a couple of inspection stations that have to regularly sign off on your car before you can drive. In New Orleans I've had a truck almost every ride and like here they care more about the age while in San Diego they could care less.
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