How to make money driving Uber and Lyft - the right way!
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- Опубліковано 17 кві 2017
- If you want a good way to make some extra cash or thinking about rideshare as a career, check out my advice on the matter.
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Lyft: DANIEL27209
Uber: DANIELN3676UE - Навчання та стиль
How to make money driving Uber and Lyft - the right way!
1:05 #01 Use a Fuel Efficient Vehicle
1:29 #02 Avail Of A Club Membership Available In Your Area That Would Help Keep Fuel Cost Down
2:23 #03 Keep Car Clean Which Helps In Getting Good Ratings And Tips
2:38 #04 Have A "Rate Me" Sign
3:58 #05 Sherpa Share App To Track Your Mileage
5:12 #06 Dash Mount
6:07 #07 Extra Charger For Passenger
6:46 #08 Snacks/Candies And Bottled Water
8:06 #09 Keep Trunk Clear Just In Case Passenger Has Luggage
8:15 #10 Have Cleaning Supplies In Case You Need To Tidy Up
9:27 #11 Have Business Cards For Driver Referrals And For People Interested In Driving Rideshare
10:42 #12 Just Have Fun
Very helpful. I'm going to check Number 2 and 5 out. Thanks!
I appreciate you making this video, you really made sense compared to all the other advice out there, keep it simple stupid and do it the right way.
Awesome video man. Really appreciate all the helpful info, the positivity and the motivation. Just got approved to start driving for Lyft, thanks for the help my dude! 👊
Good stuff man. Nice to see someone being optimistic/positive about this gig. So many complainers out there along with folks that think this is a get rich quick scheme. Keep on keeping on.
Good video and love the leather seats. Suggestions would be barf bags in the back just in case, a small L.E.D. flashlight to check the seats at night right after a drop, a dash cam to record and document, a regular size umbrella during the rainy seasons to help your passenger to and from your car and carry protection like a stun gun or pepper spray.
Wes Thomas actually, they're fabric seats. But yes, that's all good advice!
They look great no matter what and I forgot to add, carry a tire pressure gauge you can read at night many sold on amazon from 10-20 dollars, if a tire is low that can cost gas mileage and join AAA, they could help if you need a tow, a tire change and offer free gas, the membership is deductible.
That's awesome! I'm driving part time, around 24 hours a week. Not making near that amount lol I started driving last month. I'm also in a college town, but the market here is slow with most of the college kids gone for the summer so i drive to a larger market when I'm not working on the weekends.
I just bought a civic Hatchback Turbo for Uber. Love me a fellow Civic fan!
Dennis Reel how was it? Planning to get one too
Another great tip I heard is keeping an umbrella in your car in case it’s raining you can escort the people to the car & keep them dry
Really good video with very informative information for ridesharing community !
Thank you so much for this video. You are so professional. I'll use your codes!
IMAGINA rl great, thanks!
Dude!! You rock!! I know your video is 2 years old and a few things have changed, but your basis is spot on!! I was actually planning a video that was basically what you said. I am grossing about 19.40 per hour driving part time, and I have a spreadsheet that calculates a bunch of stuff when I input some figures and keeps a running total of how much I make per hour among other things. Fuel costs me around 2.30 per hour and insurance is 150 per month (I have Rideshare insurance from Geico covering all three phases). You didn't talk about it, but I even started an LLC to protect my assets, which is certainly not required to drive but that is my choice. My take home after ALL expenses is probably around 10-12 per hour clean; if you drove 200 hours a month that is 2k-2.2k per month. Like you said, its all about managing expenses. I actually have GasBuddy card that saves me 5 cents per gallon at most stations. The catch there is they take it from a bank account rather than a credit card. Stations pay fees to do CC transactions so that's how they can save that money. I wanted a Costco but its too far away. Anyway, great job man!
Thank you. I really appreciate the positivity. I stopped driving fulltime awhile back but I do other non rideshare related self employment. I do still support the industry and actually plan to start doing Lyft exclusively again on the side soon.
great video. You have a lot of common sense. Good tips.
ugreen has the cheapest and best clip on mounts. brought mines on Amazon for less than five bucks and i am a prime time member so i am happy.
keeping track of your keeping track of your mile at tax time makes a big difference.
Nice vid! What about the accumulation of miles. That’s my biggest concern. I’m buying a 2016 Honda Accord and hate to depreciate my car more than it’s already gonna be lol.
Another trick is get a Shell Bonus membership. It's free! You get 10 cents off. Plus, I have a Gas Buddy card, so I get another 5 cents off for a total of 15 cents off. Plus, Gas Buddy tells you what stations have the cheapest price. In Dallas, right now Shell regular is $2.54 per gallon, so I get it for $2.39! I also, Use Quickbooks for Self-Employed which tracks my mileage and expenses, plus I file my taxes for free!
Thanks tons! You're so cool! ☺ I'm hoping to be signing up within the next month or so 🎉
Jamie J. awesome! feel free to ask if you have any questions.
Yes Tamar you're correct it doesn't appear as if the Riders don't appreciate the clean nice cars I'm in the metropolitan area in these cheap people do not like the tip at all but but they like to complain about every little thing like Uber or navigation system is going crazy and I meant a guy that used to drive Uber three years ago in DC and they told me if they worked 25 hours they use to make a thousand bucks and cab companies Causeway more and a sedan than Uber does it should be a minimum charge of $7 when you get in the Uber
Does Uber keep track of any mileage for you? Like at the end of the year you could look at car and know you went 20k miles or whatever and then know that 18k were Uber so 2 were personal?
I just my 2016 Honda Civic LX. Traded in my 2010 Toyota Camry.
Can you deduct gas & maintenance charges on like oil changes
What about car insurance? What should a Uber/Lyft driver get?
I had to chime in too. I also bought a 2016 civic and want to be a Uber Driver. I know the 10th Gen Civic was made bigger than the older versions but Do you ever get any complaints on it being too small? Did you ever have to put 3 people in the back seat? I'm kinda worried about that.
Great video/ I subscribed and keep us posted on your Ubering! Thanks
itsjojo4 No, in fact I get comments all the time of how much bigger it is than they expected. And yes, I have 3 in the back all the time, never a problem. As it stands right now the Civic is in the top 3 best cars for rideshare, Kia Soul and Toyota Prius being the other two.
Hey thanks for the quick reply. That Civic / Ride share info is awesome. I'll be sure to use your code when I sign up! Glad to see another Civic Lx'er out there. I love mine tons! Take care.
itsjojo4 great! Glad to help.
What is the car mount you use? I tried the "iottie" ones I found on amazon and didn't like them, it's bulky and didn't work with my dash but the ones you have look small and nice.
Komiothebeat Honestly, I don't know the brand new. I bought it second hand from a friend for $5. He paid $20. All I can say is that it's magnetic.
nice video bro. just wondering why you have your personal contact info on cards and do you hand them to the pax or put in a holder? I ask bc I am interested in making some. thanks keep up the great work.
I don't anymore because I don't drive anymore (Not because I don't like it but because my wife and I are preparing to go abroad). But when I did, they were mainly for other people interested in driving. However, I did give them to people I got good vibes on to get as repeat passengers. Rule of thumb is that I've had them as a passenger at least once before but on occassion I would trust people. Hope that helps.
Yes thanks. Very nice video. My rating is 4.9 after almost 3,000 trips. But I am trying to take things to the next level and get more tip money. I drive about 10-15 hours a week.
i have que civic 2017 can use it to drive in Uber?
Do they take $12 out of your $27 trip if you make one or two or three
Im a 5 star Lyft driver. I think it's in Lyft/Uber policy that you are not allowed to ask for ratings
How much do you take off for expenses
I deliver pizza and I make more than 1 grand a week. I don't have to use a brand new car and don't get rated by nasty customers.
True. However you are bound to a schedule. Your capped at what you make per week. Some people would rather have the option on how, when and where they want to work rather than being told/bossed around by some manager.
Or have to take turns washing those dishes, and cutting onions. I worked Papa John's years ago. I know what's up 😉
@@jamesk2418 I worked as a Pizza Hut delivery driver back in the early 90's in Killeen Texas right outside of Ft Hood. Did the dish washing part but was lucky enough not to have to help out with the onions. lol! ;) No such thing as Google maps back then so I had to use a paper map of the city to find the delivery addresses. I was an enlisted active duty soldier assigned to a unit on Ft Hood at the time. Worked as a mechanic. I had a wife and kid to support at the time. My enlisted pay barely covered our expenses. So I had to take on a part time job. It helped some but man was I tired. Had to get up and make morning accountability formation at 6 am. Working for someone else does have its perks but for some people its not worth the effort/pay. There are people out there that would rather struggle on thier own than submit to some demanding corporate entity that could care less about you. Just my personal opinion of course.
Whats the pizza company you drive for?
team civic16 baby
Hey man great video... where did you get your rate me sign?
Chris Sawyer you can get two custom made ones on Amazon for $13 shipping included. Well worth it! I make that much in tips four times over every week.
What the award from Uber if we got 5 stars rating Driver ?
Thanks
I saw a comment in youtube that was from a guy that thought tbe government was gling to write him a check for his $4500 mileage deduction haha he had no idea what a deduction was. He said "my turbo tax refund is not reflecting the $4500 refund that im supposed to get for the 9k miles I drove. Is that something im going to get later on?" I died laughing
That's freakin hilarious. Deductions are nice...but they're not that nice lol
Maybe Uber needs to allow their drivers a multistage or the ability to travel into a state other than the starting state. I know that Lyft is offering this option called " longer trips"... also, in Baton Rouge , LA my son , who drives only for Uber ( so far) has transported toddlers and babies along with their Moms... with no car seat. Could you make a plea for these companies to have rules about transporting children or young babies... it's actually illegal ... and I think there needs to be more awareness of these issues. Helpful video- I know there are " levels" of cars etc./ I actually have experience as a nurse, and wonder if either company has drivers with a medical background driving clients to doctors appointments etc./ also, there are pros and cons... lyft is not as well known here...liability is a concern... especially when transporting children , babies etc./ your information is helpful... but the money is better in larger areas. Nice set up and liked the tip about the car wash.
I have a Altima 17 I make money in three hrs part time $61 bucks ima start doing full time , leaving a week noticed , by the way I’m in la ca ..
Whats the name of the app
Is your car a hybrid? Did you finance or lease?
Pete Puebla Not a hybrid. I'm leasing but there's a good buyout option. if you do it right, you'll pay less per month leasing than buying and still get to own the car cheaper when you do the buyout.
40 to 45 MPG is unrealistic for a Honda Civic. The best you will get is about 33 MPG.
Richard Feinburg . Very true. I try to go easy on the gas pedal and at best is 29 mpg. 40 to 45 he is trying to convince himself
@alberto abarzua what do you mean?
Richard Feinburg
I have the 2016 honda civic, pretty much the same as his, and I’ll tell you my average MPG is around 29-33, 35 at best but that’s rare, but I mostly travel in city than I do highway. I drive Uber part time, and been finding myself needing to refill about every 2 to 3 days for about $18-ish to $21-ish depending on how much I have left in the tank when I refuel, and again that’s 4-6 hours worth of driving a day. Now this man makes a grand a week, when I make a little more than half that a week from where I live which makes expenses a little bit tougher on me than it is for him even though we have the same car pretty much.
You don’t know what you’re talking about FOS
www.fueleconomy.gov/feg/PowerSearch.do?action=noform&path=1&year1=2016&year2=2016&make=Honda&model=Civic%204Dr&srchtyp=ymm
found this link its about true. Depends which one you get.
Costco should be paying you for promoting them so much lol
I've been driving lyft for about 2 weeks in Atlanta Georgia... So far my best day was about $109.00 @ a little under 9hrs I've got 15 years experience in the mobile service industry... I'm not knocking lyft or Uber not seeing these $1000.00 a week payloads everyone keeps talking about...I was a small Buisness owner that sold out last September and started for lyft just to see for myself...I would day if I truly was making $1000.00 a week I would definitely stay in it full time. What city do you drive in my friend ???
Kevin Armstrong Lafayette, Indiana. First of all, I do agree that the market you're driving in matters but also, getting use to it. I definitely don't do $1000 every week. But I do close to that and have weeks where I do well over $1000. Once you figure out a good strategy for your area, you'll know what average you can do.
Nice work ethic
Tsering Dhondup thanks
You can't use the mileage deduction AND the expense deduction. You can only use one so if you claim your miles you cant claim those water bottles...
Yeah, it's one or the other. Both years I've drove I've just done standard mileage dedcution and came out pretty good. The water bottles just came to about 30cents each buying in bulk. For the 1 in every 20-30 passengers that take them, it's worth tip incentive.
Hi RootBeer,
where can get unlimited carwash ticket for $20/month buddy ?
Thanks
Look for small, locally owned car washes.
Hi drivers the best way to make money with ride share is to have three drivers on one car
One guy drives days monday through friday and the other two. On alternating pm shifts with full day alternating saturday and sunday. When i shared a cab this works give two driver every other day off and full time for the day guy. Good luck. Drive everyday till 100 is yours this guy gives the partners 500 a week net needvto do about 150 a shift
That gives day driver 40 hour option and each pm driver 36 hours a week on the car. But partners have tolive near each other and have a parking place for the car. Or work each day until you make a hundred and go home
I thought I read somewhere that you can only deduct mileage, or everything else, but not both. I could be wrong...?
Correct....Mileage, or each expenses receipt. I only deducted mileage and saved a TON in taxes.
I drive a Lexus but I know it's an Uber car now to late next car b a Tesler n Uber want b able to afford me then
Good video!
Great video brother! What's the name of the app??
SherpaShare
is that Lone Star lol.
2015 kia rio
👍nice bro
Hard to make money when Lyft takes 65%. I had a ride satursay. The passenger showed me $26.85. Lyft pages me 16.85
YES, I was doing a UBER trip and it paid $26.00 dollars then UBER takes 12 dollars of that so I feel like I'm getting screwed, since I'm paying for the gas and wear-and-tear my car and making the car payment on the car it don't make no sense to me
Where's your dashboard camera for you're safety and the passenger's safety.
On the store shelf, because it was never purchased. lol
I guarantee you to go on eBay, look up ventrue N2 pro dashboard camera, you see one very low price just in case anything happen's like car accident or something else you have it all video record it and it will help you allot on many occasions because I'm also a Uber X driver in Houston, Texas.
Expenses you write off, your Civic is rated 31mpg city /42mpg highway. I call bullshit on you getting 40-45mpg driving Uber/Lyft
Alberto Garcia 42 might be more accurate. I just gave a blanket example. But I have never gotten as low as 31.
Alberto Garcia If you like a more concrete example, put it this way... gas in my area is around $2.20 a gallon. I can fill up from empty for under $25. Generally speaking, I use about $5-$7 in gas for every $60-$70 earned. Obviously this can fluctuate. I've spent $7-$8 for $50 before, and $5-$6 for $75 before.
Where do you drive?
Indiana
Uber does have tips on the app.
Arquel Cudia they didn't when I made this video....more than a year ago.
Travel and Root Beer you upload this video on April 2017 and I know Uber app have tips that time because I've been taking Uber since 2015. In 2016, Uber accepted tips in the app and I was like "oh they have tips now."
www.theverge.com/2017/7/6/15928442/uber-tip-driver-app-list-cities
"Starting today..." - June 6th 2017
How many hours a week do you drive?
PitFiend2001 As little as 35 hours and as many as 50. It varies wildly. All depends on how I'm feeling. Once I felt really good about it and did 58 hours. Scored almost $1500 after expenses! But I've definitely done $1000 under 40 hours a time or two.
What is the name of that miles tracking app? Cannot understand it from video.
Sherpashare
Thanks. Just started driving with Lyft yesterday and glad I found your video.
sams club? haha not here
what was the name of the app for tracking miles
haileswifey Sherpashare
ty
do you use the compass feature?
haileswifey I haven't yet.
I use milesiq it's worked great! I average about $3k a month in deductions just in milage
2016? Lmao im in a 2006 4.78 rating
This dude is a clown at 2:00 he is saying that you can save 5 buck a week on Costco gas and on 11:00 he is saying he don't care about 50$ a month. So he don't care about 50$ a month but do care about 20$ a month, therefore net saving negative 30 $ right there. Very Smart.
Your video is no good. Why am I saying this? It's because you talking about your app on your phone to keep up with your trips you kind of stutter over the name so I could not catch it so I look down where most people have links to get the app or places to buy such things as your phone mount you do not have this on your next video find where you can do this when you talk about something that could be interesting to someone put the link where they can find it or give them my name of a store where they can buy it. Thank you sorry if I come off so harsh. But I thought you should know.
honestly the way to make money on ridesharing is all dependent on where you are driving some cities just do not pay enough plain and simple .. for example in orlando an uberx driver gets paid 52 cents a mile ( after their cut ) that is horrible and no way in hell can you make money without surges ...if you drive 500 miles your making 250 ... and keep in mind you have to get your passengers so that 500 miles turns into a 1000 ... you just filled up roughly 80 bucks worth of gas here ( 2 fill ups to get 1000 miles ) .. minus tolls and wear and tear you are making less than 150 a day ... and 500 miles driven will take you at least 15 hours if you average 35 miles an hour which is hella good here ... and im not here to say your video isnt correct im just stating stay away from Orlando anyone in Orlando considering driving dont you will put miles and miles on your car for measly pay
Tammer Mashni I agree, that's why I said in the video that everybodies area is different and a lot depends on what the market is like. That's why I advise everyone to drive part time first before jumping in all the way.
yea definitely .. I like your video I wasnt trying to say you did bad I just really really hate the market I am in for uber and lyft I mean it is truly shitty .. you have no idea how much 52 cents a mile sucks and I do select but rarely get pings .. its horrible and they should ban it here .. I rather the taxis get the money than these cheap bastard riders get a cheap fare
Tammer Mashni have you tried in west palm or miami?