BYE Uber Black! Selling My Car & Quitting Uber Black
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- Опубліковано 18 вер 2023
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During the CA gold rush days, the people who made the most money were not the good panners but those who sold those panners their tools. Same with Uber and all these other tech companies- the little guy who does all the actual work makes the least.
Wow you did it. You figured out how business has always worked I’m proud of you and can’t wait to hear about your next discovery.
A lot of higher tier drivers had to resort to Uber X just to get some rides so most customers just order X and there is a good chance they get a premium vehicle
I wouldn't bank on get a nicer vehicle. It heavily depends on your market, time etc. When I get an uber x it's mostly a regular uber x car. Only once did I get an uber black car.
Sorry the experiment didnt work out. In my experience, just using a cheap hybrid and driving 50-60 hours a week and cherry picking is the best for profits. You'll make $60-80k+ a year and not owe on taxes with deductions and your gas expense is low and if you live frugal you're keeping good profits. I have almost 15k rides between uber and lyft
Exactly what I do. I use 2010 Corolla not a hybrid. Once I drive this Corolla to the ground will head over to auction and cop a cheap Prius
Cheap hybrids ? That doesn’t exist any more !!! No in Arizona.
Most rideshare drivers are hurting right now..not many great pay ...
I'm so pissed I'm rejecting good orders just out of spite. The SHIT they send us! There just telling us to..." here sit on it and spin if you don't like it "! So about all I can do is obviously reject bad offers, but also reject good orders. Or just make it take a longer time before you finally X it out. Or accept a good offer and sit in the parking lot for thirty minutes because you checked " order not ready " lol I did that tonight, and the guy I delivered the pizza to gave me a ten dollar tip, and that was on top of the fact that Uber was having to pay me 16.50 to drive .05 of a mile LOL
Fuck them that's the way I feel. That's obviously the way they feel about us.
i was so close to getting a qualified luxury car for uber black… i’m very thankful you made this video because i was having some doubts about the outcome of it all
Good luck brother!
HIGHER expenses! you've made the right decision! it's hurtful to work that hard and at the end nothing much can left to your pocket! if I were you, I could do the same.
Thank you so much for information.. you great man
This is the thing that people don’t realize about rideshare. It’s a crap shoot… a roll of the dice. This video is great for helping people understand the risk of taking on debt to drive for Uber or Lyft. Too many people are doing it. So if you’re not able to go 7 days a week you’ll lose in the end. Lyft is getting rid of LuX altogether. So it’s a bad investment altogether(depending on market). Cherry picking X rides is what it’s boiling down to.
Aye congrats man
Uber black isn’t worth it anymore bro. It’s too saturated and a lot less rides now. Stick to a job you like full time and do regular uber x on the side
I literally agree with everything minus, uberex.
Just leave rideshare altogether.
@@CalleOcho0830 I work as a mechanic Tuesday through Saturday and I’m off Sunday Monday. I love that job. But use Uber as a side gig
@@JavierHernandez-fq4hu I wish bro but in my opinion Uber X or any Uber in general is the best part time job.
The best decision I ever made was quitting Uber full time and getting a regular full-time job with benefits and yearly wage increases and only doing Uber When I have time on the side was the best case scenario I could come up with
Wait a minute, why is the insurance 8000 per year?
Good for you!!! Time to put those greedy thieves out of business
Healthcare or Tech is pretty much where it’s at.
Thanks for the video! When you rent out your car for $600/wk, does that include insurance for the renter?
Yes. You just add him into your commercial insurance. Adding a driver is free
Assalam aleykum! I just was thinking to purchase limo car, for uber black bussines. But afraid also, if there is no bussines, it doesn't make sense to get a car for uber black. I think it is time to do something else than be a driver all the time, also be a truck driver, truck bussines is aslo slow unfortunately.
Lol love that intro
what kind of cadillac what year and how many miles,thank you
Did you do any marketing specifically to luxury hotels, banks, and law firms who frequently need luxury private car service for their clients? You can't rely on Uber for your sole source of customers
Then why work for uber? start your own business.
@@ratherbeflying101anything 1099 should be considered your own business. But yes start an LLC and have your own business if you’re going to have commercial insurance.
@@ratherbeflying101 cuz you have to use uber as a tool to get clients not make money.
@@ratherbeflying101because you need to get customers from somewhere, out there it’s a lot of business, but y’all like to cry instead of being creative 😒 uber is ONLY your first step to get into the business
Thank you for all the information you gave us. Can you give the name of your insurance company or the way to contact them?
I have a video about commitment insurance on my channel. In the description under that video you can find all the information
Can u recommend any fleet company to rent a car for Uber black in Los Angeles
С такими расходами лучше приусы сдавать)
Is it good idea in nyc doing UBer black by Tesla ??
Correct me if Im wrong, but you should have your own business cards and make a website that people can book rides. From what Ive heard is that uber black is just something on the side for people to do inbetween there own rides.
Uber black is over in boston too my insurance will expire next august so i’ll be done in august
Keep on keeping on.
Hey if I bought this will all the documents tcp and other requirements for Uber black be transferred ?
No. I'm just selling the car.
I’m in Los Angeles and doing Uber black and making less than $100 a day. It’s terrible.
How many hours a day ? And what parts of La are you working ?
Hi! do you think its worth it to invest in a 2020 Tesla model Y to do uber black and lyft, i live in ca and would hate to pay $7 a gallon on gas, please share you opinion. thanks!
I personally wouldn't do it.
@@KhushnudNumonov what’s behind your thinking, why not? I live in San Diego! Is it better to get a different car/suv or just avoid Uber black as a whole? Thanks!
I'm in San Diego and have a Model Y on Uber Black - it is totally WORTH IT. I cannot understand why anyone would say "don't do it". Makes no sense...sorry Khush.
@@urgetodrivelol don’t give yourself more competition
What about income taxes and etc taxes?
Everyone should just stop driving me Uber and lyft it's a big rip off
The pivot is down (Uber X or XL) right now. Luxury will come back probably Q1 or Q2 of 2024.
It’s already quarter 2 of 2024 and luxury hasn’t come back. Overly saturated with black drivers.
I just started with Uber. I have a bigger SUV so I can do UberXL rides. I notice some people select the XL ride but it’s just a single person and it seems to be good for a lot of people going to and from the airport. Does anyone think it’s more profitable catching those XL rides than Black?
Depends on the market. In my market there's far more XL and X rides to the airport than Uber black SUV. Most of the Uber Black SUV drivers just use the platform to meet clients and then switch them over to private. It's very hard to do because there aren't that many of those rides and every time you order an Uber Black SUV you're going to get a nice car, so why would someone want to make you their personal driver. However, switching people who normally take Uber X or Uber comfort is MUCH easier because the passenger is comparing you to previous Uber X drivers and cars they've had, which in many cases result in bad experiences.
Because of how much Uber is taking, they've run off many of the full time drivers. In fact, I'm convinced that Uber doesn't even want full time drivers. They want an army of side hustle drivers that don't care how much the ride pays, what the passenger rates them, or the experience they provide the passenger. I've heard numerous horror stories from passengers that took Uber X. These people will gladly switch over to having a private driver as long as your car is clean, you drive respectfully, your price is in the ball park of Uber, and you can provide them a receipt (use the Square app to do this).
@@johnwigen6715 Thanks for the insight, I am convinced that XL and X rides are more popular. I will be one of those part timers for Uber as I own a 24ft box truck that I use for a majority of my income.
I am familiar with the Square app as I use it for my business sometimes.
Overall I do like driving and have the apps like DoorDash and Amazon Flex. Although those apps are nice it’s tough to do them at anytime you want unless you are a TopDasher or at level 2 for Amazon Flex, Uber is more of my style because I flip it on when I’m ready and it can become immersive (I have the options turned on for other services like UberEats and Connect). i know they dont pay the best but the economy is tougher these days.
I convinced my fleet owner to buy a new Tesla Model Y and lease it to me. Theres no other fleet in chicago that has Tesla lease they are all personal owned. I'm gonna make a kiilling off referals because its only gonna be 100 more a week compared to a corsair and those things are pieces of shits lol.
$600 a week for black rental that includes expensive commercial insurance does not make sense, should be charging at least $750 or more, or make them get their own insurance.
agree. in dallas it’s $600 for a suburban but $800 if you want the new body style
Where/ what company can you rent those car?
It's the buying a black car better then an SUV?
I’ve been saying for months now that uber is done.
Whats you new exciting project?
Khushnud hi!
How do you think or maybe know how much Uber Black SUV/Luxe (Escalade) drivers can make per day?
I assume it's $300-600 working 12 hours a day
Some people don’t believe this until they get into it and found the truth.
Escalade is the worst investment you can make for Uber Black.
@@JIBECALIFORNIAexactly. just get a new body style suburban and you can do private clients as well. personally I think 2019 navigator for sub 50k is best value right now
You were getting got on insurance. I got a yukon xl 2017 insurance is only $260 a month. And thats a SUV.
What city do you drive?
@@KhushnudNumonov Cleveland Ohio
@@bigtruckin216 that's why. In la it's different
@KhushnudNumonov damn dude, with gas at $8 a gallon and the cost of living sky high, I see why you got out😭😭😭
It's the car better then an SUV?
Think ima do Uber Black in a Model Y , seems the expense of the Actual engine n gas eats away half the profit.
I make 350 on Uber x in 12 hours.
In Phoenix is almost same…between 300-350$z
You still making that? On a good day in LA, in about 10 hrs I’ll only make about $140con avg maybe sometimes a good day of $170-180
Real estate my friend. I sent you the tools!
If I were to be quoted $8000 for Uber Black insurance, I would just not sign up. No way Uber X would cost that much.
Black is diff
Swap for a model y and you’ll be ok
I would keep the car and just work the busy days.
In my market there are also weeks that you make 1k and if you rent the car and pay for the gas you work for nothing.
All those renters will stop renting, this September was the threshold for for the year limit and I bet some people won’t buy new cars and continue.
I think it will pick up.
Yupp, especially if it has lax permit. Or just work events
He can also use your truck for doing medical courier contracts.
@@Poppinoffchannel open my eyes
I'm interested in buying it.
You can text me. My contacts are in the description
Your calculations are a bit off, because there are 52 weeks per year. At $600 month rental fee × 52 weeks = $31,200, ÷ 12 months = $2600 per month income. It's still not worth renting out, but your calculations don't reflect your actual yearly P&Ls.
It doesn't matter because it's almost impossible to rent out the car full 12 months out of the year. Before covid, these cars were even going for $450 a week and there was Select and Lyft Lux. Now they don't even exist so nobody can pay $600 a week just doing Uber Black, you will starve to death.
You short-changed yourself on the rental income by $2,400 while doing the yearly math. There are 52 weeks in a year but you only gave yourself credit for renting 48 weeks in a year. Probably won't change your mind about the decision but just FYI.
You are right. Thank you.
If you dont work for a month? Lol wtf scenario is that? 1:50
I don’t get why you calculated 12 oil changes in a year? You would probably need one every 3 months, so you need 4 oil changes a year.
My driver was putting 2k miles a week
@@KhushnudNumonov that’s insane, I don’t even put that many miles doing Uber X. Btw I’ve been binge watching all your videos last few days, keep posting brother
Who drives 300 miles per day 7 days a week? Wow thats a ton of miles besides the health of a person doing it@@KhushnudNumonov
It's a losing game.
I may be interested in buying your car.
Im thinking about doing Uber Black, I was looking into used Tesla Y. Here in LA I thought the demand should he high enough to justify investing in the upgrade from Uber X. I work 10-12 hours and pull in $350-$450 a day with my Fusion Hybrid at 42 mpg. Im hoping to get a $600-$800 daily average with Black. Anyone know how possible this is?
You just have to be careful because interest rates are too high at this moment, and also, there is an oversaturated of drivers in the market. And what I hear from people who are Tesla owners and used to rent Tesla's that is very expensive to upkeep Tesla's. And now Hertz even says that they're pulling back on EV because maintenance is too high.
I can deal with the interest rates but did not consider the oversaturation and maintenance cost. Also had no clue Hertz was considering pulling back on the EVs .. .thanks@@Poppinoffchannel
I just started black in LA and I literally only made $63 all day.
@@misterscruffle damn, thanks for the heads up… now that I think about it, I pick up so many rich people in the LA area and they’re always ordering UberX and they never even tip… Why the hell would anybody be ordering Uber Black besides going out and trying to look rich every so often on the weekends.. good luck out there
@@UberDriverChatthe problem is also there are too many black drivers. I see about 200 Uber black SUV’s in West Hollywood/hollywood area every night. Check your passenger app and see how many black vehicles are near certain areas and you’ll see there’s tons of blacks.
What year is that car?
2018
Sounds like Uber Black is an ego trip
You live in a strange world where you live in 28 day months when it comes to earnings and 30.5 day months when it comes to insurance and car payments. Very strange world indeed. In my world your $600 a week comes out to $31,200 a year, but I live in a 365 day a year world and 365 divided by 7 is 52 and 52 weeks times $600 is $31,200 and not $28,800.
Y’all F cry babies, uber SHOULD be something around 60 to 70% of your income, and you have to be creative to make another 30- 40% doing something else, e-commerce maybe , selling on facebook marketplace, the drivers who really make money use uber as a source of CUSTOMERS not a source of INCOME, real money is outside of uber but you need to start and get customers from somewhere😒
Вот такая вот математика))))
1st off u shld always make a min 6 months contract and the driver has to pay for oil changes not u all mechanical is u
Nobody signs a 6 months contract you're delusional.
@@bluerabbit1236 naaa ur bad business that’s all , makes no since spending over 1500 on insurance n other expenses for someone to get into it n change their mind cuz of traffic or understanding the gig
It's the car better then an SUV?