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They really don't. Uber represents itself as profitable for Uber drivers, but this is only true in the short-term. When you factor in car maintenance and deprec
by Qwertious 9y ago
They really don't. Uber represents itself as profitable for Uber drivers, but this is only true in the short-term. When you factor in car maintenance and depreciation etc, the "profits" that Uber shows you essentially go out the window. It's equivalent to selling a tiny bit of your car's value.
If Uber raised their prices, the average real value would drop from its current real value of $2/hr, to...
Hell if I know, but it could well be negative.