Total 63 miles (4 trips, "one way" ) x 2 (round trip) = 126 miles
Compensation after (20% Lyft fee) = $69.60
Direct car expenses 126 miles (calculation done w round trip assumption) x $0.44/miles (Nissan Note base 15k per year) = $55.44
Profit before taxes $69.60 - $54.44 = $15.16 (1.5 hrs x2 = 3 hours (round trip)) ….
$15.16 / 3 hours =
Driver compensation: $5.05 / hour before taxes
P.S. No tips...coupon rides...I am guessing
Compensation after (20% Lyft fee) = $69.60
Direct car expenses 126 miles (calculation done w round trip assumption) x $0.44/miles (Nissan Note base 15k per year) = $55.44
Profit before taxes $69.60 - $54.44 = $15.16 (1.5 hrs x2 = 3 hours (round trip)) ….
$15.16 / 3 hours =
Driver compensation: $5.05 / hour before taxes
P.S. No tips...coupon rides...I am guessing