[Nomad]

so cash flow means making money

No. Those are two different things. I can have cash flow by selling a thousand dollars worth of gold for a hundred bucks, but I wouldn't have been making money.

 

[RipCityWezay]

No. Those are two different things. I can have cash flow by selling a thousand dollars worth of gold for a hundred bucks, but I wouldn't have been making money.

So you don't end up with the $100?

 

[Sloven1]

So you don't end up with the $100?

I hope the wife handles the household budget.

 

[UberKevPA]

So you don't end up with the $100?

So as long as some money is coming IN it matters not how much is going OUT???

This must be a troll or is the perfect example of the insanity of the ever-loving Uber devotee, or shill. You can't seriously think that way, do you? Your wife must make beaucoup bucks for you to drive Uber in your down time between finger painting sessions.

 

[RipCityWezay]

Soooo no definite answer on people driving for free?

I didn't think there'd be but A+ for snark effort

 

[Nomad]

Soooo no definite answer on people driving for free?

There's a definitive answer. You're just seeming to ignore it. In my example the cash flow is $100 but since I sold an asset worth $1,000, I was not "making money" but in fact losing it.

Maybe it'll be easier if you just envision the $1,000 in gold as $1,000 in cash. Would you like to sell me $1,000 in cash for $100?

 

[Trafficat]

Love the cool stories on this forum but

I don't get the people that do nothing but constantly ***** yet you keep driving.

I personally think they are:

1. Otherwise unemployable
2. Talking it down to keep drivers out of the market.

Then there are the "business people" or those that think they are business people by analyzing the hell out of everything.

Here's a couple tips:

1. Factoring your car insurance as a business cost is ridiculous as you have to have car insurance by law if you work for Uber or not.

2. Car payment. If you have a car payment you have to pay it if you drive for uner or not. You should not be picking up a car / lead payment just to rideshare.

3. Calculating hourly rate. You are an independent business owner and business owners never calculate hourly rate. If you are so concerned about hourly rate, get a job. Now make sure you deduct your car payment, insurance, gas and time commuting to and from work from your hourly rate. Oh you don't do that with a regular job? Hmm.

I just don't get why anyone would continue to do something they hate so much unless they have no other choice. You obviously have a car and can pass a background check. Get a job and move along.

I'm betting most complaining put the minimum hours in and probably drive 9-5 like they are working a regular job and wonder why there are no ride requests.

For New Drivers:

Keep in mind there are THOUSANDS of Uber drivers and those complaining on this forum represent a very small fraction of drivers. Put in the hours, have a efficient vehicle and you can make good money. The vast majority of drivers making good money are doing just that, making good money instead of spending their time *****ing on the internet.

End rant and que the "Uber shill / uber employee / paid by Uber to post comments.

Let's not forget the genius posts that are going to micro break down costs and pay to prove you are not making money. If you're not making money, stop *****ing, stop driving and move along.

Enjoy...

I personally tend towards unemployability I suppose. I have worked as an employee in the past but it is an ill fit for me. That said, Car payment is totally relevant. A car that will last 20 years not driving for Uber might only last 4 years driving for Uber. So if you buy a car every 4 years instead of every 20 years, that means your car payments are five times higher.

You shouldn't buy a car to do Uber? So if you have a car to drive Uber, and the car dies, do you just quit Uber? What you are saying might make sense if maybe you just use Uber to pick up fares on your way to work at your day job, using the destination filter, and maybe do 4 rides a week and add maybe an extra 3000 miles to your car in a year. But if you put 250 miles on your car every day for Uber you'll be buying a new car pretty soon.... well, a new used car, probably.

I make money driving... But I feel I would make more after costs if I found a minimum wage job.

I'd still rather drive for just under minimum wage than work for twice minimum wage in a normal job.

 

[Mars Troll Number 4]

Why are you driving 3 miles per paid mile???

When i'm in a taxi charging 2.40 a mile it works just fine...

Orlando has a lot of special circumstances that lead to a stupid number of empty miles...
The heart of downtown orlando is just a $30-35 cab fare from being cow pasture and nothing. You gotta drive back from the banjo land empty or drive to banjo land empty to pick someone pretty regularly.

The best i have ever pulled off is 50%.. This is for instance working the airport and going right back. Or the Magic Kingdom ect.

35% is average

25% is bad luck on top of bad luck.

When i drove uber going 2-3 miles to get to a trip was normal. Then it might only be a 1-3 mile trip. Then if you drive someone way out of the busy parts, you turn right back around to get somewhere you will actually get a ping.

 

[UpoorPeople]

Lol
so cash flow means making money.

No it doesn't.

No one would
Drive if they didnt make money.

Yes they would.

 

[RipCityWezay]

No it doesn't.

Yes they would.

Prove to me someone drives for Uber and doesn't register currency on their app and I'll send you a cashiers check for $67,569.

There's a definitive answer. You're just seeming to ignore it. In my example the cash flow is $100 but since I sold an asset worth $1,000, I was not "making money" but in fact losing it.

Maybe it'll be easier if you just envision the $1,000 in gold as $1,000 in cash. Would you like to sell me $1,000 in cash for $100?

So they still are given cash for their time? I think I know why you drive Uber now.....

 

[Nomad]

Prove to me someone drives for Uber and doesn't register currency on their app and I'll send you a cashiers check for $67,569.

So they still are given cash for their time? I think I know why you drive Uber now.....

Troll confirmed. Peace.

 

[RipCityWezay]

Troll confirmed. Peace.

As I suspected. Backtracking engaged

 

[Fuzzyelvis]

The opinion came across to me as a complaint (doesn't matter). In general you're observations are correct. I think this job attracts some odd ducks, some who understand how to do it profitably, and others who struggle for all sorts of reasons. It basically takes 3 things - a good market to drive in, understanding when to drive, and keeping your expenses low. Missing out on any of those three concepts can make this a very low paying gig.

"Good market to drive in"? The only young that makes a good market these days is surge, which has disappeared fir the most part in mine.

You're also forgetting "ratio of drivers to pax." Related to the above. But even base rate trips are becoming scarce most times. And saying "know when to work" doesn't help. We know when to work. Again, kills surge.

 

[NorCalPhil]

"Good market to drive in"? The only young that makes a good market these days is surge, which has disappeared fir the most part in mine.

You're also forgetting "ratio of drivers to pax." Related to the above. But even base rate trips are becoming scarce most times. And saying "know when to work" doesn't help. We know when to work. Again, kills surge.

Good market to drive in = reasonable base rate with high demand.
Know when to work = Driving the right hours, and locations
Ratio of drivers to pax is not documented or controllable, so why include it specifically? My definition for a good market covers this already to a certain extent (demand).

If the other things can't be manipulated to serve your interest and make it profitable, then nothing will.

Surge is a figment of your imagination.

 

[UpoorPeople]

Prove to me someone drives for Uber and doesn't register currency on their app and I'll send you a cashiers check for $67,569.

No one said they don't register currency. But they might not "make money", ie. GAIN anything from the whole ordeal.

But I'm not wasting time proving anything to anyone. You can't prove that the world isn't flat to someone who denies math and physics and just repeats "It's flat, see?"

Can't think for you bud.

 

[UpoorPeople]

...and I'll send you a cashiers check for $67,569.

I guess your wife would have to spot you that, eh?

 

[mKat]

Assuming that attrition rate is accurate (and that is a big assumption), I think what it really shows is that a lot of people approach Uber/Lyft like they approach the rest of their life -- very naively.

They hear a bunch of crazy promises, watch some YouTube videos making it sound like a gold mine (never considering that most of those folks in the videos no longer drive), and they jump in. They think they're going to work 4 hours a day, make $500 a day, and live the dream.

The ones that stick it out are those who go into it with their eyes open, have reasonable expectations, and think about what they are doing.

Many come-n-go Uber drivers likely have a propensity for joining MLM pyramid schemes and get-rich-quick-without-working scams. There's a never ending supply of lazy, gullible people in the world.

 

[Mars Troll Number 4]

"Good market to drive in"? The only young that makes a good market these days is surge, which has disappeared fir the most part in mine.

You're also forgetting "ratio of drivers to pax." Related to the above. But even base rate trips are becoming scarce most times. And saying "know when to work" doesn't help. We know when to work. Again, kills surge.

I disagree...

You can have a 1.5 surge in Orlando and it's still not worth working. Some markets are just priced so horribly you can't do it. You can be relatively busy put in 250 miles (yes 250) in Orlando be doing back to back trips all night, and still not crack $150.

 

[WaveRunner1]

It isn't uncommon for people to trash their place of employment. Whether it be at Walmart or Wells Fargo. Do you think Suzanne Fowler liked working at Uber for the time she was there?

 

[Cookie something]

Love the cool stories on this forum but

I don't get the people that do nothing but constantly ***** yet you keep driving.

I personally think they are:

1. Otherwise unemployable
2. Talking it down to keep drivers out of the market.

Then there are the "business people" or those that think they are business people by analyzing the hell out of everything.

Here's a couple tips:

1. Factoring your car insurance as a business cost is ridiculous as you have to have car insurance by law if you work for Uber or not.

2. Car payment. If you have a car payment you have to pay it if you drive for uner or not. You should not be picking up a car / lead payment just to rideshare.

3. Calculating hourly rate. You are an independent business owner and business owners never calculate hourly rate. If you are so concerned about hourly rate, get a job. Now make sure you deduct your car payment, insurance, gas and time commuting to and from work from your hourly rate. Oh you don't do that with a regular job? Hmm.

I just don't get why anyone would continue to do something they hate so much unless they have no other choice. You obviously have a car and can pass a background check. Get a job and move along.

I'm betting most complaining put the minimum hours in and probably drive 9-5 like they are working a regular job and wonder why there are no ride requests.

For New Drivers:

Keep in mind there are THOUSANDS of Uber drivers and those complaining on this forum represent a very small fraction of drivers. Put in the hours, have a efficient vehicle and you can make good money. The vast majority of drivers making good money are doing just that, making good money instead of spending their time *****ing on the internet.

End rant and que the "Uber shill / uber employee / paid by Uber to post comments.

Let's not forget the genius posts that are going to micro break down costs and pay to prove you are not making money. If you're not making money, stop *****ing, stop driving and move along.

Enjoy...

AMEN TO ALL OF THIS