Hi folks. I’m considering driving for Uber or Lyft in the next month and when I asked a forum the questions below, one person told me to ask my questions here. Thanks in advance:
I just came back from a multi city trip where I used Uber quite a bit. I find myself always asking the drivers how they like it and although some do say things like ‘it used to be better’ or ‘they keep cutting our share’, overall I’d say drivers respond very positively. I hear a lot of ‘i love driving for Uber’ or ‘its great’ or ‘i just come out and make a little money anytime I want to get out of the house’ etc…
I often have daydreams about quitting my stressful job and going to earn money as an Uber driver. I think I’m ready to try it out and see how I like it before jumping fully into it. I believe Uber requires a car that is 10 years or newer and my newest vehicle is just inside that range. But I also heard that Uber leases cars to it’s drivers… Would doing this be a great idea or a terrible one?
I’ve seen YouTube videos claiming that after all expenses are considered, driving for Uber isn’t worth it or even costs drivers more than they make. But I find it hard to believe SO MANY drivers are so bad at calculating expenses that they’d be happy to be driving for not much profit or even possibly a loss.
Do you think leasing a car from Uber and working as an Uber driver would be a valid way to make a reasonable living? Or would it, at best, be just good enough to make some side money?