Uber data reveals drivers earn less than $13.25 an hour
The hourly rate is after expenses in three major US markets: Denver, Detroit, and Houston.
Based on the calculations, Uber drivers made $13.17 per hour after expenses in Denver, CO, $8.77 per hour after expenses in Detroit, MI, and $10.75 per hour after expenses in Houston, TX late last year. These figures are less than anything Uber has previously released before.
Uber drivers, obviously, don't all make the same amount of money, due to differences in driver experience, location, dates of driving, and more. BuzzFeed News' data is based off a few assumptions: contractors drive a $16,000 car with a 250,000-mile lifetime, which results in a depreciation cost of 6.4 cents per mile, gas costs $1.75 per gallon with the vehicle getting 25 miles per gallon, which equals 7 cents per mile for gas, and lastly maintenance, insurance, and miscellaneous costs come out to $3,000 per year.
(AutoBlog.com)
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