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Yeah I don’t understand the parent comment’s gushing take on Uber/Lyft. I consider them a net positive but they are hardly a 100% win. In my area prices shot up
by enumjorge 5y ago
Yeah I don’t understand the parent comment’s gushing take on Uber/Lyft. I consider them a net positive but they are hardly a 100% win. In my area prices shot up from what they were 1-2 years ago, and many drivers barely break even (if they do) once you take into account maintenance costs on the car they drive.
- handmodel 5y agoDo you think taxi drivers are making more money than uber drivers considering they: - Taxi drivers (outside of NYC) in the US are going to get less rides per hour than uber drivers - Taxi drivers traditionally have to give a larger share to the taxi company than uber drives give to Uber. If they are independent then they have identical car expenses as an uber driver. I 100% believe that a lot of Uber drivers barely break even. I guess I'm fine with that - I bet if you try to do that 9-5 and can't do your own car maintenance you are going to be inefficient at it. I had a friend in Los Angeles who would only work nights, was fine working 2am, and could do basic tire/oil/car repair. He made 2x what he had been making as a busboy at a restaurant. I don't see why this is considered a bad option for people, especially since he enjoyed the flexibility.
- ipaddr 5y agoHe wore down his car and had to pay higher insurance. He ended up making slightly over 9 dollars an hour. Better than a busboy.. perhaps but at least after bus boying he will have a car that still works.
- handmodel 5y agoI can't claim to know all his finances - but his car was a 10 year old ford sedan that must have cost less than 9k when he started. Considering he did Uber for multiple years and the car is still his vehicle I'm pretty sure it is mathematically impossible that depreciation could make it a bad deal - or even close to a bad deal.