![]() ![]() I drove so much even struts and motor mounts had to be replaced. The immediate cash flow is good, but over time you start noticing a huge drag on your net profit as tires, brakes, fluids, belts, pumps, filters, plugs, emission systems and joints start going out. I've put 300,000+ miles on a single car working an old courier job. Until then I will keep running both apps to keep the rides going.Ĭlick to expand.Correct! If someone doesn't care about dead miles, they can boost their gross income by taking distance runs, dropping off and going back empty to pick up again. I will keep on pushing until things change for the better and hope for close together rides. But it's difficult for an X driver with the current rate structure. ![]() If you don't drive around trolling, but stay in one place until you get the next call, you are saving yourself money.īusiness management dictates reduce expenses, increase profit. Your costs may be less than the IRS number and that is good. You have to have a ride of at least 11 miles to breakeven. Now if you drive 4 miles to a pickup, you are $2.30 behind before you throw the switch. That means a $.225 profit per mile on the ride. The standard IRS deduction is $.575 per mile. Lets forget about the time factor for the moment (which works out to $9/hr). That being said, UberX drivers are currently getting $1/mile of which Uber takes 20 %. I did a Dallas Saturday night and I will never do it again. While I am making some good cash some days others suck. While I am not one for negativity, I am an active driver who puts in anywhere from 7 - 12 hours a day driving.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |