Question Of The Day: Is Being An Uber Driver Worth It?
But the big question is, “How much money am I going to make?” And the answer is, “It depends.” Meeks, who logs a little less than 20 hours behind the wheel every week grosses about $300-$400/week. But once you factor in the cost of gas, the number drops to a net of about $100/week. And while $400 per month is nothing to sneeze at, remember that gas isn’t your only expense.
“You have to factor in the wear and tear on your car, the insurance, and all of the other costs associated with it,” continues Meeks. “And as a non-employee, that may be a big deal.”
Uber drivers are independent contractors, not employees, which means that they’re responsible for keeping their cars in working condition. So, every mile you drive brings you closer to paying for oil changes, tire rotations, and other expenses that can eat into your profits.
The non-employee issue seems to be the primary reason why Uber is best left as a part-time gig rather than a full-time option. “Unless you like driving your car around all day and having to pay for gas and maintenance…stick with part time,” says Tremayne Alston, a web/graphic designer and former Uber driver in the Washington, D.C. area. “Full-time should be very temporary unless you have a vehicle dedicated to just Uber driving.” Alston drove for about eight months between 2014-2015 and made $400-$500/week (again, that’s gross, not net) by driving about 20 hours/week.
One more thing. Unlike taxi services, Uber does not encourage tipping, so don’t go thinking that you’ll be flush with cash at the end of your shift.
(Yahoo.com)
No comments:
Post a Comment