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These jobs basically allow you to take a line of credit out against depreciation on your vehicle. Sure you lost money, but you get cash today.
by benmanns 7y ago
These jobs basically allow you to take a line of credit out against depreciation on your vehicle. Sure you lost money, but you get cash today.
- xapata 7y agoSame with pizza delivery since forever.
- axaxs 7y agoI'd say pizza delivery is far more lucrative. At least, it was when I was a teen.
- xapata 7y agoIt was until my $1k car repair.
- blondin 7y agowow, how did you manage to get a $1k car repair? hope you sold the car!
- fapjacks 7y agoThose repairs are the deeply-embedded, systemic problems that creep up and ambush you one day before work, forcing you to decide between a $1k car repair -- often the barest minimum-cost repair you can find and negotiate -- or forking over a few times that much for an entirely different car to drive.
- beatgammit 7y agoI can usually get a rental for ~$20/day, which buys time to find a better vehicle. A teenager can't get a rental, but they can probably borrow a car from their parents for a few days/weeks until a decent opportunity comes up. $2000 will get you a pretty decent vehicle and is probably a better investment than a $1000 repair.
- fapjacks 7y agoI take it you have not been poor.
- jakobegger 7y agoHa, same here. I thought my catering side job was pretty sweet (7€ an hour!) until I once scratched someones car on the way to work and it cost me 350€, which was more than I had earned in that job. I've since realised that cars are very expensive and you should probably not take a job that requires a lot of driving around in your own car if you don't get reimbursed for it.
- everdrive 7y agoNo doubt. I had an IT job that required me to drive around to schools in the city. Well, I didn't have some special parking pass or anything. If I got a ticket, or hit a red light camera, I'd make negative money for the day potentially. I ended up biking everywhere. The traffic in the city was so bad such that there was no time difference anyhow.
- perfectstorm 7y agoI don't think that's apples to apples comparison. As a pizza delivery driver, your pizza shop is your base and you only go out when there's an order that needs to be delivered. My friend used to work at Pizza Hut and he was getting reimbursed for gas (per mile but it was slightly more than his gas mileage so i suppose it covers for wear and tear?). As far as i know, you're not getting reimbursed for delivering DoorDash and the pickup location could be on the other side of the town.
- Thorrez 7y agoI don't think DoorDash has to be less efficient for traveling than pizza delivery. With pizza delivery, you have to drive to the person's house then back. So you cover the same road twice for a single delivery. But with DoorDash, theoretically, then could see there's an order from A to B, find a driver near A, have the driver deliver to B, then match that driver up with an order from near B to near A. So the driver could do 2 deliveries in a single out and back trip.
- thenewnewguy 7y agoIn an ideal world, maybe - but most delivery drivers employed by the restaurant (like pizza delivery drivers) take multiple orders at a time to deliver. You're going to have to get very lucky to beat this on average with DoorDash or similar services.
- pbreit 7y agoWhat does that even mean?
- gpm 7y agoReally simplistic view: Before the hour of work I had $10003 of vehicle, $0 in my pocket, and an hour of time. After the hour of work I had $10000 of vehicle, and $3 in my pocket. With the assumption that you are going to eventually pay that $3 back into your vehicle, by paying for repairs or buying a new one, you basically just "borrowed" money from your vehicle.
- chii 7y ago> you basically just "borrowed" money from your vehicle. so wouldn't it then make more sense to just sell the vehicle for $10003, then place that money in an interest earning asset like a bond, rather than "borrow" from the value of the vehicle?
- foepys 7y agoNo, because you need the cash now. Doesn't matter that you will have thousands more in a few years when you don't have money to buy food now.
- Dylan16807 7y agoSo you'd place only 95% of it in a bond. That's not the problem with the idea, the problem is that you need a car.
- foepys 7y agoWhich is the means to make money in this case. I don't get how you think you are contradicting me here.
- Dylan16807 7y ago