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Can you make a living as a full time uber driver

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Discussion Starter · #1 ·
I have been a uber driver 4 years...full time for 2 and a half....starting New years 2017 I embarked on a experiment....i gave up my big house sold alot of possessions put the rest in storage...fired my boss and moved to the big city with plans on living out my car driving uber full time(i know it sounds crazy)....by my calculations i would be making 55000 grand a year and saving at least 30000 dollars of that every year then i would buy a big rig and hit the road.....2 and half years later my original car has 350000 miles on it....just had to buy another car and i have only managed to save a little less 20000 grand....if i had rent or a mortgage or kids i would be flat broke....no doubt about....ive sat and done some new calculations, and the fact that the more you drive the more gas you have to buy plus the more chance you will need repairs not to mention food and taxes... All these factors makes it impossible to make a real living driving for uber full time in my opinion....
 

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Discussion Starter · #3 ·
If you are in a good market and work your ass off you'll do fine ?
I dont think anyone could support a household doing just uber...if you make a thousand a week I guarantee 200- 300 of that goes to gas and another atleast 50 goes to food...so that a 350 dollar bill everyweek thats 1400 a month coming out of your pocket and the more you drive the more gas you buy.....Im starting to feel that this is a losing endeavour....
 

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I dont think anyone could support a household doing just uber...if you make a thousand a week I guarantee 200- 300 of that goes to gas and another atleast 50 goes to food...so that a 350 dollar bill everyweek thats 1400 a month coming out of your pocket and the more you drive the more gas you buy.....Im starting to feel that this is a losing endeavour....
Since you quoted me. In 2 1/2 years i've never had a week that low. Even with days off....
 

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I dont think anyone could support a household doing just uber...if you make a thousand a week I guarantee 200- 300 of that goes to gas and another atleast 50 goes to food...so that a 350 dollar bill everyweek thats 1400 a month coming out of your pocket and the more you drive the more gas you buy.....Im starting to feel that this is a losing endeavour....
That's why all the full timers living in gas expensive California say, buy a used Prius.

My car only gets 25 mpg, $200 made is around $30 worth of gas at $2.70/gallon. Roughly $150 in gas to make $1000. If I had a Prius that would be $75 instead.
 

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Discussion Starter · #7 ·
That's why all the full timers living in gas expensive California say, buy a used Prius.

My car only gets 25 mpg, $200 made is around $30 worth of gas at $2.70/gallon. Roughly $150 in gas to make $1000. If I had a Prius that would be $75 instead.
So thats 600 coming out of your 4000....now subtract 10 a day on food thats... 900 then subtract insurance...oil change...tires brakes...car payment...unexpected repair....now on the low end we're at 4000-1300...now we're at 2700 a month....before taxes and house payment and light bill and kids and vacation and entertainment....if you have a spouse that works i can see it being possible...but a single man being a full time uber driver is a struggle...
 

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Whether you can make a living as a full-time driver is a pretty broad question.
There are so many factors including where you live (cost of living), are you single and don't have to support a family, etc.
I live in California and need to make six figures to live comfortably -- or shall I say, live the kind of life I want to live.
My answer is absolutely not. But that's not to say others can't.
 

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It works best for those who still live in Mom and Dad’s basement and are provided free food and a roof over their head. That way their only expenses are the car and video games.

Even better if they are younger than 26 and can still tap into mom and dads health insurance.

Ride share works great for those that fit that profile! Cool bro, Uber on!
 

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So thats 600 coming out of your 4000....now subtract 10 a day on food thats... 900 then subtract insurance...oil change...tires brakes...car payment...unexpected repair....now on the low end we're at 4000-1300...now we're at 2700 a month....before taxes and house payment and light bill and kids and vacation and entertainment....if you have a spouse that works i can see it being possible...but a single man being a full time uber driver is a struggle...
Whoa buddy, I'm not trying to judge just sharing and receiving thoughts and info with you; I'm not a full time driver either.
 

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Discussion Starter · #13 ·
If you've been able to save $20000 Your a rideshare millionaire! I hope to save enough for tolls the next day. ?
I had to be freaking homeless to do it....i basically saved what i would had paid in rent in two and half years....i love this lifestyle....i want to sleep in my car for as long as possible....i go to the gym for showers....go to my bank or nice hotels to use the restroom....im very comfortable....
 

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I had to be freaking homeless to do it....i basically saved what i would had paid in rent in two and half years....i love this lifestyle....i want to sleep in my car for as long as possible....i go to the gym for showers....go to my bank or nice hotels to use the restroom....im very comfortable....
Do you still wish to move abroad?
 

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Discussion Starter · #17 ·
That's a major jump in demographics. What made you which to Ghana?
Im black....Thais have a bias against blacks...plus i have no connection to Asia i was just going because if the low cost of living....but West Africa is my historical home....and its time to go home....time to be somewhere where im welcomed
 

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It’s totally possible but it’s not easy.

Driving rideshare is like being a professional poker player. It’s easy learn poker and PLAY it. It’s very difficult to master poker and WIN at it consistently.

DRIVING rideshare is easy, anyone can do it. WINNING at rideshare by running a successful business is very hard and has even worse odds than making it as a poker player.

You just need to spend every day thinking and trying things to gain that next edge and eat the huge learning curve spanning multiple years.

Eg darting back and forth between transport hubs and business parks is a lot more profitable than sitting a residential area in the boonies.
 

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I have been a uber driver 4 years...full time for 2 and a half....starting New years 2017 I embarked on a experiment....i gave up my big house sold alot of possessions put the rest in storage...fired my boss and moved to the big city with plans on living out my car driving uber full time(i know it sounds crazy)....by my calculations i would be making 55000 grand a year and saving at least 30000 dollars of that every year then i would buy a big rig and hit the road.....2 and half years later my original car has 350000 miles on it....just had to buy another car and i have only managed to save a little less 20000 grand....if i had rent or a mortgage or kids i would be flat broke....no doubt about....ive sat and done some new calculations, and the fact that the more you drive the more gas you have to buy plus the more chance you will need repairs not to mention food and taxes... All these factors makes it impossible to make a real living driving for uber full time in my opinion....
Should of went on the rice & bean diet. Food cost would of been a huge factor. That and not buying a fuel efficient vehicle like a cheap hybrid which would of been a lot more reliable plus save bank on fuel.

You have to be pretty mechanically minded doing basic servicing as much as you can & actually buying the parts yourself and only getting the mechanic to install it etc. You can't just walk into this line of work without the right knowledge or preparations because every single cent counts & over a two year period it ends up been thousands of dollars.
 
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