Just a hunch, but I bet it costs a fortune to get around Seattle by rideshare. The local govt there encourages public transport by making it a ***** to use a personal vehicle with parking issues, etc. Seems like the citizens there are getting the short end of the stick.

Moral of the story: Someone always gets ****ed when govt starts forcing money transfer. It’s usually not the woke companies in bed with them.

 

Just a hunch, but I bet it costs a fortune to get around Seattle by rideshare. The local govt there encourages public transport by making it a * to use a personal vehicle with parking issues, etc. Seems like the citizens there are getting the short end of the stick.

Moral of the story: Someone always gets ****ed when govt starts forcing money transfer. It’s usually not the woke companies in bed with them.

Exactly, in my market where the rates are high we get tourists which use Uber at first until they get to a business and they tell them the taxis are cheaper. Then the hotels are getting in on the action with their own service because so many of their guests are asking about another less expensive transportation option.

Then we get drivers who are coming from 3 hours away just because their meter is higher, not taking into effect the costs involved.

Ubers here only get busy at peak times when the taxis get overloaded, so why I have to be online 18 hours a day.

 

Honestly it might get ridership up with King County metro (Is this what it's called or am I confusing it with somewhere?)

When people can't afford their uber to work and have to take the bus instead that's more money into the governments hands isn't it?

 

60 yrs old . Have taken the bus only like 5 times. Best deal. But hate the buses here...
In europe yes. Trains to.

 

Uber is not grabbing 60%, 70% and 80% of the cut.

On an annual basis it's more like 30-35%.

It might be a bit higher until the monthly insurance premiums for the two policies are paid off, but it's quite reasonable considering they handle billing, customer service, insurance, government regulations and lawsuits.

You can calculate what they take when you get your 1099.

 

Uber is still losing money to drivers in Chicago who refuse to accept crap trips. Currently this week I'm at $638 in the app and Uber is -$215. Uber loses money to me every single week.

 

Uber is still losing money to drivers in Chicago who refuse to accept crap trips. Currently this week I'm at $638 in the app and Uber is -$215. Uber loses money to me every single week.
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You're always bragging and passing judgement on other drivers yet you never post screenshots that present legitimate proof. The statement you posted is so limited it's a joke.

Post screenshots that include breakdowns of specific rides, daily, weekly, and monthly earnings, etc.

Normally I would never ask anyone to post their earnings data but braggarts are a different story. If you're gonna brag and lecture other drivers I say put up or shut up.

 

Hunches are enormously valuable in this business.

 

I have a hunch, you might be right.

 

Just a hunch but I'll go out a limb and say that Uber's take rate in Seattle is the lowest in the US.
Let me know when you reach the tip of that limb just before it snap.

 

Do you have proof that I'm wrong? If you do, please present it.

The only market in which Uber may have a lower take rate is NYC due to the fact that there are no booking fees in NYC.

 

In most of the US drivers' pay is being CUT while Uber's take rate is RISING.

Contrast that scenario with Seattle, where drivers have the highest pay rates in the US.

This is no different than how pax in the ghetto are charges less than people in middle class or affluent areas.

Basically, some areas subsidize operations in other areas. Low take rate in Seattle just means they had to screw drivers/passengers elsewhere a little more.

If middle class people knew they were subsidizing ghetto rides, they would be none too happy. This past weekend I did a couple longer rides from ghetto areas. The pay was $27ish and the pax paid 30ish. They people living in the Ghetto think they are entitled to a 45 minute private car ride between cities for $30.

The UFP allows Uber to skew things even more since there isn't a rate card.

 

Basically, some areas subsidize operations in other areas. Low take rate in Seattle just means they had to screw drivers/passengers elsewhere a little more.

Uber tries to extract every last cent out of the drivers and pax regardless of what happens in Seattle or anywhere else.

If the Seattle law vanished today Uber wouldn't pay me or any other driver one red cent more.

 

It was surging just now around my house because of rain, so just for @Nats121 I went out and knocked out a couple of trips:

Uber lost $5.16 on the first trip:

And $18.42 on the second trip:

Is this enough for you @Nats121 or do you need to see the entire trip details for these? How many more trips do I need to show you? This makes 3 so far. I have thousands more.

 

@Nats121, I just went out and did another 2 rides. Surge wasn't all that high this time, but I got a $60/hr one from my house, so why not. Guess what? Uber lost money on both these rides as well. Do you need to see screenshots this time or do you believe me now?

 

@Schmanthony

@Nats121 won't think you have submitted sufficient evidence. His next move is to move the goalposts.

 

e

 

I did 7 trips for Uber this morning and grossed $166. I heard from a couple of passengers how much they paid, and it was well above what I was being paid. One guy told me his fare was over $40 while I was being paid $18, One lady told me her fare was $25 while I was being paid $15. So I thought, if Uber is finally gonna make a profit on me over a whole shift, THIS would the one. So when I got home I actually looked at Uber's take on each trip I did:

1. -13.30
2. 20.61
3. 5.77
4. -10.51
5. 8.40
6. 2.06
7. -3.57
8. -0.46

Added up, Uber's take on these 8 rides comes to $9 even... so congrats Uber, you made a little coin off me this morning! Except wait... my 20-ride weekend Quest is for $35, or $1.75/trip. $1.75 * 8 trips is $14, meaning as long as I hit that Quest (which I will unless my car dies or I get hit by a bus), Uber is now at a loss on me this morning by -$5 LOLZ

@Nats121, do you need screenshots? Anyone else?

BTW, @Nats121, things that happen frequently (such as Uber losing money on trips in Chicago) aren't "unicorns."

 

Dude you cant argue w this guy. I showed him a weekly pay statement one time and he just totally dismissed it. Everything he needed to know about how I earned and more was right there. He is right about our market though. I very highly doubt there are many other places this easy to make money.