Uber Car Rental | Uber Driver Pay | Rideshare Car Rental
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- Опубліковано 14 тра 2021
- In this video you will learn the requirements of the Uber Car Rental for Uber Drivers.
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We will also answer the question: Is the Rideshare car rental program worth it?
You will see the total income and also the total expenses paid. I even used the uber rental car for Uber Eats.
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#Uber #Uber driver #Lyft #Rideshare
No justification needed, when you're making 1k + weekly; The rental program is ideal.... And if you're doing it as a business, those expenses are write offs lol so it's a win all the way around. Only true Hustlers see the benefits
Thank you
I totally agree with you regarding paying for a rental. I rented a car at $230 per week and I did this for almost 8 months. However, I recently stopped renting and started using my car. I recently bought a Honda Civic with very low mileage of 12,130. I don't regret I rented a car for 8 months: first a Chevy Malibu, then a Hyundai Ionic Hybrid, then a Kia Soul Hybrid, and lastly a Kia Niro Hybrid. I really enjoyed the Kia Niro Hybrid. In a few months, I plan on buying a used Kia Niro Hybrid. From now on, I plan to drive part-time. I drive for both Uber and Lyft. I recently purchased a VanTrue 4 dashcam (May 11, 2021), and I noticed that my passengers act differently once they see the camera, most act more conservative which is fine with me. I'll post my video on my channel. Good luck and a great weekend to everyone. Yes, I agree that discipline is very important: your food intake, your exercise, sleep, etc. Driving every day can wear you down but if you take breaks, exercise, and get enough sleep you can actually enjoy it. Be safe out there. 👍
Wow, thank you so much for this comment. It's great to hear others perspectives on the matter. Also, is very interesting to hear your perspective on the dash cam scenario. What city do you drive in?
@@TheRideshareHustle - Los Angeles
@@TheRideshareHustle - Also, don't forget that renting a car for Lyft or Uber is also a tax deduction on your Income taxes.
@@NoemiGuzman6 Yes, totally. The rental cost is 100% dedectible correct?
@@TheRideshareHustle - Yes 👍
It's a business expense. Think like your renting a building for a business. Sometimes you don't wanna own just buy a building. So the 1400 a month I rent has to be justified by the income. Even at about 320 a week rental , I can justify that making 1k weekly
Great insight, thank you for sharing
Great tips, love the way you break everything down. Your Videos are awesome man! Thanks for all the tips!
I appreciate that! That means a lot, thank you. What city are you driving in?
The thing I LOVE about your channel and content is THE DETAILS you go into. The math is right. I'm am ex mechanic and I can promise you that you will get 4 years maximum of good mileage out of a vehicle driving full time before MAJLR issue start happening. I'm talking major repairs and the car wont feel great t to drive. Cars are the single worst investment anyone can make. These rental programs really aren't a bad deal because of the insurance, maintenance, unlimited miles, return the car anytime get another car anytime. I dog the hell put of rental cars so I may never buy another car again.
Thanks so much for your feedback! It's nice to hear people actually enjoy the analysis.
Brother, you are on FIRE! Keep up the GREAT work! VERY much appreciated! WOW! Blessings WILL follow!
Much appreciated!
Love your content man. I’m going to start doing Uber for my first time in jersey soon. When I heard about the rental program I was hesitant because the weekly pay is $260 to rent the car and I’m sure with the insurance it’ll bump it up. I realized I wasn’t going to save enough money even if I made $1k a week because I’ll have to think about the tolls and gas I’ll be spending on a daily basis. Then I forgot there’s promotions which can literally help us drivers earn more and save more money on the side. Your video had fully convinced me to sign up for the program. I’m hoping it’ll turn out well for me :)
Update?
Glad it helped. How's it going so far?
@@TheRideshareHustle is going good so far. Was able to get my own car. It was a bumpy ride for me. In the beginning I wasn’t making much which was expected because is my first time doing it. Down the line I learned that just using one app is not enough to make a decent amount of money especially if one is trying to make $200 a day. I was able to make $150 a day just with ubereats alone now, but is very limited at some days due to the market. Multi apping is def the way to make atleast over $20 an hour. Then again it all depends on the market or algorithms. The market in jersey is really good. Your video also helped me in understanding how this all works. Thank you very much for your knowledge 💪🏽
@@berrios242 So glad it helped bro,! Thank you for sharing. Are you only doing Uber Eats and deliveries?
@@TheRideshareHustle Yes I was only doing ubereats, but now I’m implementing doordash with it as well. For example I got an order for ubereats, while I’m nearby the customer address/place I’ll turn on doordash so it can scope out orders for me while I finish my delivery. That way when I deliver, I have another order to go to right away. But of course I have to make sure the order is a good one. The point of it is that it keeps you busy constantly. 😁
Drove the whole 12hrs a few times up in Jersey completed about 15 trips for Uber eats and 11 x was tired af but came home with about $350. Was worth it…the next day I started late to rest up and went back out for another 10hrs. If your going to drive long days make sure it’s worth it Friday’s and the weekends are the best to maximize your hrs on the road atleast for my area. Did 10-12 hrs Memorial Day weekend each day and made close to $1k and took 2 days off to recover after. You can take a day or two off when you’re out rolling for a few days because you make your money. You’re a beast bro appreciate your content how do you make out in the snow is Massachusetts? I was out there helping a hospital for my old job near Boston and it snowed like 20 inches and people were on the road like it was nothing…we get snow obviously in Jersey but usually not like that.
Hey great comment here! Thank you so much for sharing. Love that strategy and totally agree. "Get it while it's hot" If the bonus is good and the surge is poppin I'm staying out and making as much as I can. It does take it's toll so yes, take some time off to recover.
The snow is good man, surge is usually poppin when the snow falls. Good time to drive. One good story is when the snow fell overnight in Boston, but all the snow froze and all the cars were frozen in snow. NO ONE could get their car out for work and the whole city was surging double digits for 3 hour straight. Made $400 in the morning, incredible.
Hey 👋 Charleston S. Carolina here, your vid’s are great 👍!!! Very articulate and informative. Ty very much ! Great work. 😊 im thinking about renting and starting to drive, I’m wondering, why do drivers take 2 hour rides/trips? How would long rides pay off?
Ty very much, good luck in all your endeavors.
Glad you like them! Not sure why they would take those long rides, everyone has their reasons. My guess is they would pay ok, but you would have to make your way back home. Uber has a destination feature where you can set your destination and only get rides going that way. Good for when you need to get home. Hope that helps. Have you started driving yet?
Hey man you are answering a lot of questions that I had rental sounds like a no brained those bonuses look very appealing also overall I’m thinking part time so it’s Lyft better ?
Thank you for making these informative videos! I have some questions about toll roads. Do you drive on a lot of toll highways or tunnels while renting a car? And do you take the transponder out of your personal car and attach it on the rental vehicle? And is it worth playing the airport while renting a vehicle thru Uber or Lyft?
Yes I do! Thank you so much for saying this, I appreciate that tremendously. I did forget my transponder the first day, wish I had remembered
I actually really like this idea. I have never worked for uber and don't have a car so it seems like a good place to start.
Exactly! You're in the [perfect situation for this. Have you started driving yet?
I rented camry from UBER two days ago for 1 week 06/03/2022, 300$ weekly cost, I already made 700$ in 3 days..I spent 90$ for gas.. more or less believe me true estimate..Biggest issue is you can not able to use Lyft and Uber at the same time.I hope it helps...Enjoy 👍
Thank you for coming back to tell us how everything went, so many people don't provide feedback.
@@gggreen1524 it means so many evil 😈 walk around us..
So you made $100 a day for 12hrs-14hrs on the 3 days.
Thank you for sharing your numbers
@@mariahmckinnon You cannot Turo with Uber
I know first-hand what its like to maintain your vehicle for Uber - I have a 2014 Nissan Rogue and already I have to pay for a gear transfer case that hit me for 1500 out of pocket. I am seriously considering renting a car for Uber until I can get back into my actual career. Thank you for the video - This was the first video that UA-cam suggested and your confidence in the program gave me peace of mind to go ahead and try it out. I cannot afford to further damage my vehicle and shorten the life span of the vehicle.
Your vehicle will definitely take a beating. Sorry to hear about your troubles. Glad you liked the video and thank you for commenting
look into carshield for extra protection. It’s worth it for all of my vehicles. God bless everyone.
@@mariahmckinnon Hey, thanks for sharing that. What is carshield?
The most truthful and well-addressed driver share video-another Lyft driver! Listen...this guy is good. I retired I like rideshare. Waze works in Pittsburgh if Lyft is confused! Accident get additional insurance license on a rental car!!!
Thank you so much for commenting
Note: My experience with renting vs. using my car? Aside from what I previously listed. A rented car through Lyft & Uber saves you maintenance fees and wear & tear on your personal vehicle.
Using your personal vehicle allows you to use both Lyft & Uber.
Great tip!
can you multi-app renting through Uber though?
Buy a used car under 10k and you'll make more then renting.
Thanks Tony for that amazing vid XD
lol
Thank you for your videos! Your daughter is adorable!
Thank you so much!
"When booty calls"😂😂 thanks for the info. I'm giving it a shot. I've been doing ubereats in a challenger and the gas/maintenance is killing my pockets.
Yes, definitely try the rental. Save on gas and beating up your own vehicle
I have a question, is there a limit to where you can take your car for personal uses? Like if i wanted to take an hour long drive to visit some family will that be doable. And are you limited to driving fo uber only around the place you picked up the rental?
I am a musician/ artist-songwriter I've had over four or five corporate jobs making decent money, but I hated my soul going into work every single day and being in that corporate environment really killed a good part of my spirit. I almost walked away from doing music to conform and that's the reason why I want to go back and do Uber. I've been doing other gig work apps but it's just not cutting it and my current car is an SUV a gas guy's other. I love my baby but I'm going to rent an electric vehicle to try to earn double or triple what I was making at my previous corporate job which I know is possible without the worry of maintenance and super high gas costs thank you for the content that you create and if you ever need a theme song let me know 🎉
Love your videos so far! I lived in Ma. for 22 years before moving to Florida and now in Vegas. I know how CRAZY Boston driving is, especially during the winter so kudos to you! I am looking into the Uber car rental program here in Vegas to supplement my income which like you, is an online business and like you...it involves creating videos, editing videos and ultimately selling them as downloads. I'm consuming as much advice and tips from sources like yourself before even trying to make money through Uber. The more I know before turning on my Uber app and accepting my first ride, the better. Thank you for the valuable information!
Thank you so much, I really appreciate you sharing. I used to live in Vegas for a bit before coming back to MA. I would have to think that doing XL would be good out there, lots of groups going out. Just don't know if you can rent an XL vehicle.
The video gig sounds good too. Where do you get your clients for that business?
I will be doing the same probably. As i will be returning to IN on tje 13th. Currently in thailand. I was back in the US for few months in 2017 before my mom passed away. But didnt have enough time with her so she could change her house and everything out of the trust and directly to me. And her brother sold everything making sure that i had nothing if i returned which he was 1 of the trustee. He told the other at the time that i said to sell the house because ill never return. Which was not true as i wanted to rent it out till i return. So i will be returning with no car or place to live. I could probably force the trust throufb the courts to buy me a new house since it is in the legal writings that the trust has to act in the best interest of me. Which buy selling the house and car clearly was not trying to make it so i cant return or if i do return with nothing. Over 10 years in asia so credit not going to be as good as it could be amd also no job. So getting a place not be easy especially when can only show 1,100 month income coming from the trust. Though im being reasonable and as long as the current trustees get me into a rent to owm house ill call it even. As its not my house that holds all my memories with my parents which is priceless. But its still a house. I will also be going back to study to become a nurse as well.
Thank you for your videos.. a Q: At what times of the day do you make the best promotions?
Depends, but night time usually will be your best bet. I hope that helps
Thanks for give me clear information
Always welcome
Right insurance included that’s good!
Yes
Good day sir i love your videos. Ive been driving for a few years now im in the atlanta market where its always busy! Ive been wrecking my brain because i cant make my mind up on a good vehicle that would cover all platforms besides uber black because they are not accepting anymore in this market. Any suggestions?
Thanks
Good day! Thank you for commenting. I was talking about this in one of my other videos. I really like a hybrid mini-van. The reason being, you can save on gas, stay busy with Uber X, Uber Eats, and Uber XL, Lyft XL. A luxury or Black car is too expensive and not enough rides, and also to your point that Uber is not accepting any more accounts at this time. Let me know if that makes sense
What is your AR?
Currently at platinum, wanted to get to diamond , just to see if any benefits.
But thinking I may make substantially more if I reject rides I don't really make $$ on.
Thoughts?
Great question. There is definitely a number of rides you should reject. This is why knowing your city or market is so important.
Did he just say "You really have to take care of yourself, the food you eat". "I think I'll have a Mountain Dew".
Too much sugar
back in a day when i was a young truck driver, in the 80s i drove 1360 miles in 28 hours... from arkansas to cali... hauling chickens lol
lol, awesome
Did you stop in Barstow truck wash on the way down and Ontario on the way out? 😂 30 years here
Do you it’s best if we as people rented someone’s car? Is it something possible?
Thank you for sharing this! I have a question - I don’t have a car now and want to rent to drive Uber. But during the sign up application process, how do I submit car insurance when I don’t have one?
Did you ever figure that out? I been wondering the same thing..
Great question! So I think they ask you if you need a car when signing up, so make sure to choose that option.
Right now In Vegas including taxes it is about $310 a week. I have a car but it has lots of mechanical problems .. ps never get fords they are horrible . Would you say $310 is way to expensive if I am doing this part time 20-25 hrs a week?
I think you need your own car. If the ford is costing you too much and you can't afford a newer car yet then rent. It is expensive but so are the repairs on your other car. Rent, work your butt off and then get the newer car is my advice. Let me know what you do
hello i have question please my backgroud check is under processing can i drive with uber with a rent car or no thank you
Here in Michigan you'll probably need front end work done every couple months driving full-time. It's like driving on the moon's surface with all the craters on the road.
LMAO, same here in Boston. The roads get beat to crap
New York silently left this chat.
I’m driving 9-10 hours for Amazon, so I understand the pain of driving all day. At least I don’t have to haul heavy boxes to houses with this job lol.
That's true. Don't knock the exercise though. You don't get any as a driver for Uber
I’m from the Boston area too! I pick up my rental next week! Would it be worth it to do Uber part time ?
Definitely not worth it for part time if you're renting.
Uber rental program only really works if you’re willing to put in full time work - 40+ hours every week. That’s the bottom line. I’m strongly considering doing this for a few months myself in Santa Barbara + Uber eats . Easily clear 1k + a week which makes the rental well worth it.
Totally agree with you. Only full-time will make it worth it
This is so true. I used the rental program to get to another job and lost money. Also the other job worked me the entire weekend. Don't do this as a side hustle.
Plan on starting to do uber in a few weeks or so. Been a otr long haul trucker for 23yrs. First 20 I lived in my truck. 70hrs a week, avg 3,000 miles per week. Off 2 days every week normally. But days off we're spent at a truckstop I really enjoy driving so I think I will like it. Gonna try the rental at first so I don't rack up miles on my car. Thanks for the videos.
Hey thanks for commenting. I think you have to have some time in as a driver on the app before you can rent. So you might have to use your own car to start.
Would love your support by using my link to sign up partners.uber.com/i/nicholasn5748ue
@The Rideshare Hustle what if I rent a car on my own and not through uber??
@@thetravelingmonkey889 they won’t accept it
Does the 12 hour diving limit include eats and x or is it separate. Thanks
the same, total online time counts
So do you only pay the security deposit once?
I'm thinking of renting a car through UBER.I've only used them as a taxi service so far.I don't have a credit card I've always paid through Paypal.I diidn't inow I could use the rental car as a taxi to get paid.This is interesting.I live in the U.K the rental car on the apo keeps saying I can only collect from the airport over ten miles away but it should be local.
QQ and may be I missed it BUT do you start the process thru Hertz and they'll connect you to UBER?
or is it the other way around? or does it even matter?
Start through Uber. Are you a driver? click the link in the description if you want some free training
Do you think it's better to rent from the uber program or getting a 2008-2010 Camry/Corolla in terms of maintenance and which is better for your pockets long term
Thats a great question! Thank you for asking. Long term is better to own your own car. If you can get something newer I think would be better for maintenance. What city are you driving in?
Go with buy a car like that. Is 1000% better especially good vehicles like those and under $7K.
I have a 2008 Camry Hybrid and 2012 Camry. Had bought those to resell them (that's what I also do) and then started doing deliveries this year and then both rideshare and deliveries. Sometimes 0 hours a week, sometimes 80 hrs a week. Took July and August off. Now ready to work some. I'm going to rent a Highlander for a week and see what's the difference in pay with XL. If it's worth it, I'll buy the Hybrid one and use it mainly on weekends/airport rides and the Camrys on weekdays. I've thought about renting them but I cant trust a random person taking care of my vehicle.
What is the uber card? Thx for this video appreciate the time you've put in
I think you're referring to the Uber Debit card.
Great video brother can you make video on the new Uber rental program EV cars, Tesla & ford ? 👍🏼
Thanks for commenting! Interesting, maybe I will soon. Thank you for bringing that up. Are you currently a driver? What are you driving?
@@TheRideshareHustle no I’m not but just thinking
@@costantineyoussif6679 Ok cool. Grab a spot in my Rideshare challenge for new drivers, you can win prizes www.nicknewsome.com/30-day-challenge
I'm waiting to start just waiting on my background to come back but I still have a question.... Do I still need some kind of insurance and registration to start? I do NOT have a car so I'm hoping that's not a problem
Hi and thank you for commenting. If you are renting then you dont need anything. However, i would definitely get the extra insurance when you are at the desk of the rental compnay. the insurance the offer online is a rip off. Btw, you can still join the 30-Day Rideshare Challenge and win all the free giveaways. Click here for more info www.nicknewsome.com/30-day-challenge
@@TheRideshareHustle thank you so much... I qualified so I'll be driving once a rental is available.
@@harrpoongaming420 How's it working out?
The general rulebrick is $0.10 a mile in wear and tear on your vehicle that covers tires repairs oil changes basically everything besides gas.
Thanks for sharing! That doesn't seem low to you?
@@TheRideshareHustle well there is some play depending on the value of the vehicle this is assuming a $25,000 vehicle 10 cents a mile wear and tear adds up to quite a bit if you're doing 30,000 mi a year it's $3,000 that seems about right on a 5-year scale and is even more significant on a 10-year scale.
How do they deduct the pay ? Can you choose to be deducted from your credit card instead of the app wallet?
Yes absolutely. Great question
About how many miles total do you end up driving each day, and each week? Does the Uber rental program have a daily mileage cap, and if so, do you ever find it limiting your profitability?
Unlimited miles with the rental program. I don't have a number for you on how many miles I drive per day or week.
@@TheRideshareHustle Thanks!
Does anyone know if Uber keeps track of how long the ride should take vs how long it actually took whether faster or slower than expected? In other words, does the app care if you go 5/10 miles over speed limit?
Great question! I typically just do the speed limit or 5/10 over. I haven't received a complaint
@@TheRideshareHustle yea I mean there was this one guy who drove us home from the airport in an impressive time during the beginning of morning rush hr (also going against traffic). He got the job done and we as passengers did not complain. Compare to our most recent Uber from a middle aged guy who was like how you drive. We didn’t complain either, same scenario. The only stress would be your wallet having to pay for more gas. I didn’t consider all of this prior to watching these videos on being a ridesharer. Good stuff. 👍👍
@@yorilamaz Thank you fro your feedback, I appreciate that
Do you decline rides from certain neighborhoods? I live in Youngstown, OH and there are some really shady places you don't want to be at night. We had a Domino's Pizza driver get robbed at gun point just down the road from my house a few weeks ago. Could you address driver safety in one of your videos? I know you use a camera, but do you decline rides from certain areas or times for your safety? Do you carry a weapon? I've seen the "uber drive gets assaulted" video from your channel. Do you not pick up rides from bars or stop doing rides at bar closing times. It would probably be better for safety and drama/hassle reasons to not pick up the 2am crowd, but you probably leave a lot of money on the table....what do you think?
Great question here. Yes, safety first. Money doesn't matter when you're in danger. I will most certainly decline rides in bad neighborhoods, turn off the app and get back to a safe neighborhood. Nothing but trouble after 2am
My grandmother was born in Youngstown OH 😂
@@lambo199721 your grandma Madea? 🤣❤️
Hey there I have a question about the uber rental program. Does the pay come out first as in all your earnings pay off the rental charges first then you start earning or do you pay for the rental on a certain day in the week? Thanks for your help.
Great question, thank you fro asking. So they charged my credit card at the end of the week. The rental fee doesn't come out of your pay. I hope that helps. Are you currently an Uber driver?
@@TheRideshareHustle No problem and thanks for the answer. I’m currently a Lyft driver but I’ve scheduled to get a Uber rental Tuesday.
@@DJ-ll9hv Good luck out there! Thanks for watching my videos, I really appreciate it. Let me know how the rental works out for you!
@@TheRideshareHustle Once I get the rental car i think it’ll work out great! Your point of part time vs full time is very very valid because Uber promos are much better. Also if you take this seriously, discipline yourself you can put away a nice savings without burn out. Thanks for all the info about this process.
@@DJ-ll9hv You're welcome. Thank you for your feedback and also supporting my channel. Very much appreciated
How do you divide your time between doing UberX vs. doing Uber XL/Uber Black? Do you still doing Uber XL?
Another great question. So if i wanted to hit on e of the promotions for the week that required 60 rides or so, I would use a rental. If I was just doing it part time, like on the weekends I would use my MDX and look for premium rides only. Does that make sense?
@@TheRideshareHustle Yes, it does.
I am a former semi-truck driver. I was terminated from company. I do not want to drive semis anymore. I don't want to sleep in the truck 3 or so nights per week. Done. Looking at Uber to move away from trucking....and from what I'm seeing on your channel, I just might make more money. Thanks for the content Nick!
Sorry to hear that, and thank you for sharing. It really depends on the city you live in, but most places are good compared to the cost of living. The best thing you can do is ask your Uber driver in your area how many hours they put in and what kind of money they make. Thats the best research to do before you decide to drive.
Btw, if you do decide to drive, check out my 30-Day Rideshare Challenge before you sign up www.nicknewsome.com/30-day-challenge
@@TheRideshareHustle Good idea...thanks Nick !
@@kennymarklow7409 You got it my friend
@@kennymarklow7409 You got it
Hello I'm David. I am a truck driver now and yes I grabbed 1213 and almost 14 hours A-day usually if I sit in the docks more than 3 hours but. Understand how it feels to get fatigued after a twelve hour Day everyday except weekends maybe 6 days per week but it really. Does Wear you out
Yeah it really does. Not a great quality of life
You had me at "when booty calls" lol
LMAO!
Renting a car through Uber is a total waste of money I did it for 3 months I had to work 50 plus hours a week now I bought myself a hybrid and I make the same doing only 20 hours.
True, but if you don't have a car this is a great start
@Fk UA-cam I'm dead broke LOL just walk into CarMax and you will drive off the lot in less than 2 hours with whatever car you want. No money down with average credit score.
Payments and insurance is a third of what you will be paying on a rental.
OK...now I have a question that maybe most drivers don't want to answer BUT...if you are driving around for 8-12 hrs. a day in a busy city...how do you take care of mother nature? I'm considering driving for Uber as a side gig but I am now starting to develop OAB (over-active bladder). I know there are some life-style changes I can make to help keep it under control which I'll have to figure out before trying to Uber for a week on a rental. This really sucks as it could be a nightmare trying to focus on your driving while having the urge to 'go'.
I know this is actually a serious issue. I love a trip to the airport because I can use the restroom there at the waiting lot. Other than that I use a gatorade bottle. I don't know what females can do
@@TheRideshareHustle Yeah...this is one issue that females have been dealt a bad card from Mother Nature.
@@ScissorVixens So true
@@ScissorVixens I have issues from my PCOS bad bladder control too it’s so annoying but at every restaurant I stop in I make it a mission to at least try to go to the restroom. It’s harder when you’re driving passengers around to neighborhoods but as far as Uber eats , it’s allowed me to stop as many times as I can during deliveries. There’s also a pit stop button on the app so it finds all the gas stations and other stores in close proximity with restrooms to use 😌👍🏽 I hope this helps!
Also, does anyone know if we use the rental program all year can we use that as a business expense? Not the mileage but the weekly payment?
Great question. Yes, you write off the weekly payment
Do you pay more in income taxes with the rental program vs owning your car?
The online hours aren't the total number while you were waiting for a ride request.
What do you mean?
I'm half way through the video and I'm not understanding how this works. Is this what you made AFTER the rental or is this before you paid foe the rental?
Hey sorry about that. check the 32 min mark. I appreciate you watching. Where are you driving right now?
Can you please do a video to those drivers that taking more passengers than they’re allowing. Standard ride are for 3 passengers only and I know many drivers are taking 4 even 5 passengers on the standard rides for extra cash. This is problematic for the XL drivers because they’re not getting the rides request that they should because the standard drivers bend the rules.
Yes I will mention it. Funny because I drove yesterday and got like 15 XL rides all over the city
I’ve drove 12 hours a day. Switching between Uber and Lyft. That was 2 years ago. I wouldn’t do it again. Unless I need the money
Totally agree
Major question is, do you have to rent for the whole week, or Just a day or 2? Like a Friday or a Saturday?
Basically if you're doing it on the side and do not need to rent for the "whole week."
The whole week. Not worth it for part time
“When booty calls” 😂 subscribing immediately
LMAO
All those car repairs tires , oil change can be written off in taxes
You dont pay for that when you rent
I'm checking this out because lately I've been doing Uber in my car part time. If I can do this part time and make the rental payments along with insurance and profit at least $500 then I'm okay with that.
I don't think part time is worth it. How is it going?
@@TheRideshareHustle I would do ot full time but I've been at my Job for about 7 years now. The benefits out way the hours I've to put in with Uber. Medical expenses without insurance could be highly costly. It's been going good so far. As I comment I made $464 today. Granted Uber has been screwing me over with the outside city trips. As well as my set destination continues to experience issues. I've reported about it over 5 times now and yet nothing is resolved.
Thanks
Can you please make a video Like how much am I suppose to put aside for maintainance if I use my car?
Well, i would put aside about $.56/mile driven. Thats what the IRS lets your write off. I think this amount actually includes your car payment as well.
Great questions btw. Are you currently a driver or thinking about signing up?
@@TheRideshareHustle uber pays like .85 cents to 1.30 a mile. You're telling him to put aside 50%-65% of what he's going to make??? Lol
The .56 is the mile write off which now is .62
@@J__7777 what about maintenance?
I prefer using the Uber and Lyft maps and like better with Waze.
Interesting, thank you for sharing. Waze is my favorite
How are you quests so high? Here in Albany NY we get $60 for 70 trips in a quest. I get your vid was a year ago but has anything changed since then or could it be just the location?
Probably has a lot to do with location. They do fluctuate so sometimes not so high
WAS THE WEEK LEADING UP TO HALLOWEEN WEEKEND. HIGHER MARKET SHARE AND HIGHER PAYING INCENTIVES...IF MET.
So I work a full-time job from 9 to 5. My wife and I are sharing one car. I don't really care about making a profit; I need a second car for the week to week. If I drove on the weekend for, let’s say, 8 hours in total ( Or whatever is the bare minimum hours I would need to go to pay the car off), would that be enough to break the difference? I am trying to get a free car. Can I do that? Hope that makes sense.
Good question. Really depends on where you live and what times you would be working. What. It’s will you be working in and what time do you plan to drive?
I just reactivated my account. I had signed up in 2014 but have been absent since 2018. Got rental reservation set for next week through Uber. My question, are we able to used the car we rent through Uber for Lyft? I have an account for both. I used my car back then but sold it when I went trucking over the road. Market for trucking is to crap so I just want to Uber for a little bit and make up lost time with family while still bringing in income. Again, can we use Lyft? I hope you say yes. Sorry for the long comment
You can only use the platform you rented with.
you are good guy. 12 hour is a lot
Thats a looooong shift for sure
I multi app. Uber, doordash, grubhub, Instacart, and Lyft.
Do you multi app with the rental? This is probably one of the biggest questions we get
Yea id like to kno
I like the idea of renting first. 8, to 12 weeks, throwing all the income towards the car you purchase. Years ago Bruce Williams always suggested working in the business, before you buy a business for 6 months. I f do not need the income, all Uber, and Lyft driving will be for Holiday’s my wife isn’t interested in. Greece, France, and Mexico.
Thanks for sharing!
I usually do 84 every week but when I first started I did close to a hundred doing 14hrs 7days a week. I drive a Black cab in Philly. I enjoy driving so it's pretty easy for me I laugh when other people scoff at hours. Nothing close to Uber Numbers with the outrageous lease but u don't complain about something u sign up for. It served a purpose for the short term but the Taxi business is on its last leg. Time to make the switch
Thank you for sharing, it's nice to hear other drivers perspectives
“When the booty calls” -the moment I hit the thumbs up 😎
lmao! Thank you
I currently do uber for a car service company using Tesla's and Escalades, but on my days off I decided to rent a car and drive for uber... I got the car today but Uber will not allow me to go online with the rental car even though I rented the vehicle through the Uber App... It's saying to have the vehicle inspection completed and the Insurance for the car etc... what was I supposed to do to get to drive as soon as I rent the car?!
You need to rent the car through the Uber App
WELL, THEY SAY THEY DID RENT VIA UBER APP. SADLY, I WOULD SUGGEST CALLING THE RENTAL LOT TO SE IF ANYONE THERE CAN HELP AS WELL AS CONTACTING UBER SUPPORT...LIKELY WASTING MUCH OF DAY 1(+).
nice info
Glad you think so!
THIS CONTENT IS AWESOME!!!! says the former NYC Uber/Lyft driver! Take heed from Nick. Also, if you ask me, you guys are getting a DEAL!
I was a Black Car driver who rented a vehicle that no longer has "Black Car" status on the Uber platform. At the time I was paying $500.00 a week for the rental. You read that right. *AND THAT WAS THE DEAL PRICE!!!* Made about the same as what Nick says.
Upside: More money than any other job I had outside of my own affiliate marketing business.
Downside: The NYPD. They made my driving experiences a living nightmare between ridiculous parking tickets, unfounded moving violations, outlandish fines, and relentless harassment.
Thank you fro the compliment my friend. Very much appreciated🙏. Sorry to hear about your bad experience. What are you doing now?
I checked your channel, do you have any info on your afiliate marketing biz? something I always wanted to do
That’s why you has to have a camera in your vehicle not only for accidents also for the police because they are professional liars
@@jminaya90 I have a camera. Always good to cover your ass
I do black car service in Philly. You are lucky my lease payments are 800 a week and lucky if I make 700 a week. About to make the switch back as soon as I get reactivated
what insurance do you get? it gives me 3 different options. full coverage is 27-40 dollars a DAY is that recommended?
So I say in the video what insurance to get. Did you watch the video?
@@TheRideshareHustle REALLY??? ANOTHER 40 MINUTES OF SOMEONES TIME SPENT FOR ANOTHER VIEW??? MAYBE YOU WERE HAVING A BAD DAY, BUT IT WAS A VALID QUESTION AND I DO NOT REMEMBER AT THIS POINT WHERE YOU MENTIONED INSURANCE. ALSO, THE VIDEO BEGAN PARTWAY IN BEFORE REPEATING. THUS LEADING ME TO BELIEVE YOU MAY HAVE BEEN STRESSED OR TIRED...COMPLETELY UNDERSTANDABLE. I OTHERWISE THOUGHT IT WAS A GREAT VID, AND WATCHED THE ENTIRE THING BEFORE GETTING THIS FAR INTO THE COMMENTS. THANK YOU, SIR.
How many personal miles do you get to use for Uber ?
It's unlimited miles
You’re working 50 hours a week. Minus taxes and gas expenses. Your take home is 2,600-3,000 13-17 an hour. Plus no over time..
Is that right? seems like a lot
do you have to have a credit card because i have a debit no credit card
I was just reading over details and looks like you can use debit or credit, $200 deposit. Boston market anyways
I have a question ,after reading your comments I don't really see the answer to this question. So when you go to rent the car , what do you have to pay up front before you drive off. Is it the weekly fee and the deposit? Or does the fees come out of what you make from driving, and then you begin to make a profit. Thanks. Looking to sign up, waiting for my background now
You pay a deposit and then get charged a week later for the weekly fee
Thanks, so does the money have to be up there or can I add it before the week ends?
@@charmainejohnson366 you can add it. You just need money in your account when they charge it
What time do you begin driving each day?
Great question! i usually wake up at 4am and start driving soon after that. What time do you start?
i killed my car driving i have to sale my car next week and im getting one of these rentals friday the 12th till friday the 19th i hope this helps me catch up on money im in a hole right now
Yeah, this gig is brutal on your car. That's one reason I like the rental option. Good luck my man, I hope it works out
I drive for a local company and I deliver blood and medicines and other things like that. I drive all over. 2 weeks ago I drove 4,452 miles making about $2700 for that week. That was more than a normal week. It’s a 1099 gig and it’s my primary job. I like it sometimes other times I feel a little burnt out. I rent a car all the time. I never use my personal car. Too many miles.
Wow that sounds astounding. Nice payout, but that mileage!! Could you point me in the direction to do what you do?
More than 600 miles a day, impressive. What type of vehicle? So in fuel around ~$800-$1K and ~$400-$600 in rental.
So about $1100-$1500 net profit.
Yeah that sounds like a lot of miles. Seems like you can make the same with Uber if you drive that much
J Torres. I drive a Toyota Camry and sometimes a Nissan Altima. Both are rental cars. Both of those cars get over 40 mpg and have a big fuel tank. I get a percentage reimbursed in gas for every mile driven. Those numbers are somewhat accurate and close.
@@TheRideshareHustle I haven’t thought about that avenue. I signed up for grub hub and Amazon flex as a driver but there are no positions available in my zip code.
How many hours per day? And how do you save receipts for gas and the tax write off? Or how much in taxes do you have to set aside for the end of year? Does uber use a W2? Are some days dead and like weekends are better? Days? Nights?
Talk to your accountant
You can deduct 65 cents a mile on your income taxes. Driving 45,000 miles a year is about right. Uber and Lyft will send you the mileage at the end of the year. All there in black and white.
The 45,000 mileage is what a full time driver would do in a year.
I use Uber app for GPS but I find out that Uber GPS takes a longer routes
Sometimes yeah. I use waze
You're amazing man! My question is, I can rent a car from Hertz cheaper than Uber can , can I do that?
Unfortunately not
INTERESTING. IN WEST-CENTRAL FL IT IS CHEAPER USING UBER APP THAN AS A WALK-IN TO RENT.
Is the 5$ a day insurance from hertz legitimate?
I think so
I want to drive for uber so I can finally have a place to live. So excited. Scared too. But I'm going to do my best. 😊
Its a lot of driving but you can make it work
How does this work during tax time? do you think there is a benefit?
Well you can write off the cost of the rental
I’m actually a trucker, and I drive 70 hours a week regularly. I’ve been thinking about driving for Uber instead, because I have no social life and I want to be able to sleep in my own bed lol
Honestly this video is one of those that is definitely contributing to my decision.
Thanks for sharing! Yeah its really a tough decision I think. I do not necessarily have a social life, rideshare is definitely a lonely gig but you do get to meet different people. How do you think you make the transition if you did change over?
@@TheRideshareHustle go to a Toyota dealership and get that Prius with the 3-year warranty. Also go with a trade in. Ask for discounts (military or first responder). Ask if they are doing 5-year 0% APR promos. My Corolla costs me $365/mo. I think that’s doable vs. using a rental. I live in Hawaii and gas at Costco 1 week ago was $3.99/gal. If I offered Uber on my days off gas might cost $100/week at Costco.
@@yorilamaz thank you for sharing and giving that advice. Hope you’re able to make some 💰
@@yorilamaz Thank you for sharing this
hey so if i sign up for uber with your link can i start with just the 200 dollar deposit? or do i have to start with 500 dollars?
Hey, thanks for commenting. I'm not sure, because I had an account and had already given a lot of rides before I rented. If you sign up, please share what you find.
I WOULD STRONGLY SUGGEST THAT ONE HAS AT THE BEAR MINIMUM, ENOUGH TO COVER THE COST OF THE RENTAL IN THEIR ACCOUNT BEFORE TAKING ON THIS ENDEAVOR. IF NEW TO RIDE SHARING, IT MAY TAKE SOME TIME TO LEARN YOUR MARKET AND EVEN COVER THE COST OF STARTING. BE READY TO PUT IN WELL OVER 40 HOURS IN THE VEHICLE AND ON THE APP AS WELL AS PICKING UP AS MUCH KNOWLEDGE AS YOU CAN BEFORE ACCEPTING YOUR FIRST RIDE, THEN CONTINUE LEARNING. THIS WILL BENEFIT EVERYONE. THIS CHANNEL IS AN EXCELLENT EXAMPLE.
This is all good and fine but in New Orleans you're making maybe $150 in promotions driving as much or more than you did.
Yeah, every city is different. Thank you for sharing
Can you rent an electric car 🚗? Do they gave you that option?
Great question, thank you for asking. They didn't have any electric cars when I was there. Are you renting now?
What is the deal with the free dashcam, how long does it take to receive it?
Details are inside the membership area. New drivers only. Have you already signed up to drive?