4 ms·
I watched a few different cabs and they all seemed to generate around $600 in a 24 hour period. Am I the only person who thinks this is astonishingly low?
by yock 12y ago
I watched a few different cabs and they all seemed to generate around $600 in a 24 hour period. Am I the only person who thinks this is astonishingly low?
- seanmccann 12y agoThat's about $50/hr (before medallion or car costs). I wouldn't call it astonishingly low.
- yock 12y agoIt's actually half of that, $25/hr.
- seanmccann 12y agoThey're not working 24hr straight. They can only work 12 hours.
- jliptzin 12y agoastonishingly low? I thought that was pretty high
- joering2 12y agoyes, and then there is this. http://query.nytimes.com/gst/fullpage.html?res=9900E0D6153BF932A15753C1A9679D8B63 http://query.nytimes.com/gst/fullpage.html?res=9900E0D6153BF... The demand for taxis is so high that a driver bluntly told me to give him my cell phone and setup GPS route, otherwise hes not going. And that was a good 2-burrow trip for $40. Bottom line; they don't need you -- you need them.
- pcurve 12y agoIt's a decent change. but... - Most people do 12 hour shift. Not 24 hours. - Most drivers lease their cabs at $100/day - Fuel bill adds up to $15-$35 depending on car. - There are other fees. I think you're doing well if you net $200 in a shift on average. I think it's an optimistic figure.
- potatolicious 12y agoI was chatting with a UberX driver yesterday in NYC and apparently his insurance is $7K a year (it's a Toyota Camry too, nothing super fancy). That works out to ~$27 a day if you drive the car 5 days a week, every week of the year. Not a massive amount, but significant in the numbers we're talking about.
- dubcanada 12y agoThey lose a lot to fees, car stuff, gas, variable customer, routes people want them to take (and time to find a new fare) etc. They probably make around $25 an hour. I'm not sure what that looks like in New York but it sounds alright.