It is a turn-key answer for being profitable: be your individual boss with Uber and Lyft.
However earlier than you spend your time or burn your gasoline, is it value it for you?
Let’s begin along with your car. You will want your individual when you’re utilizing Uber.
Lyft enables you to use your individual automotive, or lease one for about $240 every week.
However take note you can even use that rental for private use and you do not have to fret about miles and upkeep.
In case you are utilizing your individual automotive, Lyft’s car necessities are usually a bit stricter since they require newer automobiles.
For Uber, your car will be as much as 15 years outdated and even older for UberEats.
Let’s reduce to the chase — how a lot will you make?
Insiders inform us Lyft’s base charge is healthier. However when you drive extra, Uber could also be your higher guess due to their bigger buyer base.
Additionally, Uber’s website ensures Phoenix drivers will earn at the very least $1,000 to your first 150 journeys.
Nonetheless, based on drivers we spoke with, Lyft pays you a better base however it does not imply your examine will likely be extra as a result of Uber tends to be busier.
As for commissions, Uber retains 25 % of every fare and Lyft takes 20 to 25 %.
Ultimately, it is exhausting to choose one over the opposite. The excellent news is you do not have to decide on.
In order for you, you possibly can drive for each, which is what many drivers we spoke with do. They are saying they don’t actually have a favourite. Most say there are merely professionals and cons for each and it’s easy to change between driving for the 2 companies.
Whichever route you select, do not forget the prices you won’t consider together with gasoline, insurance coverage, tools and put on and tear in your trip.