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Do you know what your net income per hour is?

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Uberserge
1279 Rider Driver
 Posted 6 months, 1 week ago

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. 



Comments

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    RedANT
    1075 Rider Driver
     6 months 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.  

    Show Hide  4 Replies
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      Uberserge
      OP 1279 Rider Driver
       6 months ago

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

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        RedANT
        1075 Rider Driver
         6 months 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 1279 Rider Driver
           6 months 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
            1075 Rider Driver
             6 months ago

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

            Yay for UberPro Blue status!