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Do you know what your net income per hour is?

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Uberserge
1023 Rider Driver
 Posted 4 weeks, 1 day ago

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Most UBER and Lyft drivers are losing money with this gig, they unfortunately don't factor in all the expenses associated with rideshare. Hence, 80% quit in less than 6 months. 



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    RedANT
    1061 Rider Driver
     4 weeks ago

    I regularly calculate my gross earnings, but don't do stringent calculations on net earnings very often because net earnings vary depending on stuff like need for maintenance, gas price swings, seasonal market variations and even my mood/attitude/stress level.  

    My net per hour is in the $20-26 range.  I can live with that.  

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      Uberserge
      OP 1023 Rider Driver
       4 weeks ago

      20-26 net per hours is the highest in the country or higher than 99.5% of drivers.

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        RedANT
        1061 Rider Driver
         4 weeks ago

        X rates here are still $1.11 /mile + $0.1875 /min, and the vast majority of my runs are 25-30 miles on the freeway doing 70-80 mph.  Car is paid for, oil changes are free, and my biggest "expense" is vehicle depreciation of approx $34 /wk.  

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          Uberserge
          OP 1023 Rider Driver
           4 weeks ago

          Like I said in my previous compliment, you're in the top 0.5% of 2 million drivers in the US

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            RedANT
            1061 Rider Driver
             3 weeks ago

            Top .5% in all categories except acceptance and cancellation rate.  😊 

            Yay for UberPro Blue status!