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Lyft says drivers are swimming in cash!

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Uberserge
1296 Rider Driver
 Posted 2 years, 5 months ago

Here's their numbers, if everyone was making the dollars Lyft says, why do 80% quit in less than six months?

Comments

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    BusterTheDriver
    3
     5 months ago

    Then why am I sitting here eating the same mayonnaise sandwich every day?

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    BrianTheScrewDriver
    456 Driver Driver
     2 years ago

    This can't be right. I bet it's due to the way the research/survey was conducted. I bet they only took into account a) drivers that are willing to answer the question, and b) drivers that are doing particularly well.

    I bet you it doesn't consider those who quit due to it not working out.  ...for whatever reason. Location, simply being bad at it, etc.

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    dracomalfoy
    203 Driver
     2 years ago

    I just don't get where they get their data from. What is the fine print? Like how do they get these numbers?!?!

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      Uberserge
      OP 1296 Rider Driver
       2 years ago

      That's for booked hours, meaning from the time you accept a ride to ending the ride. If you consider wait time, cruising, deadmiles it literally drops by 50%. That's the only way they can sell it. For me the best metric is take your gross income, devide it by door to door hours. You'll see where you stand, that's again gross earnings before expenses.

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        BrianTheScrewDriver
        456 Driver Driver
         2 years ago

        OH WHAT?!!!  The only consider the time you are on the way to the passenger and driving a passenger?  This is completely misleading.

        For people who are considering driving! Please don't use these numbers. These don't consider the time you wait between fares, the time it takes you to clean and maintain the car, the time it takes you to get to profitable locations, the time it takes you to do paperwork and to deal with Uber, etc.