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Make Money Driving For Uber
I’m sure you have heard of Uber. If you haven’t gotten a ride from them you definitely know someone who has. Have you considered driving for Uber? Are you wondering if making money is possible? My husband drove for Uber for a while and had a decent experience doing so. If you want to sign up, use my link, HERE.
Can You Make Money Driving for Uber?
Uber is always looking to add to their team. All you have to do is go sign up. You can sign up on the website and complete an application. But how much will you make? Could you make it your full-time gig?
First, let's look at the requirements.
To drive for Uber you must have a valid driver’s license and a clean driving history. Your vehicle must be a 2002 model or newer and have four doors at the time of this writing. You also obviously have to have a driver's license and insurance. You don’t have to own the car but you must be insured.
Payment is simple. You get paid 80% of each fare you accept at the time of this writing. The price of the fare depends on the type of vehicle the rider chooses, and of course, the distance of the trip. UberX drivers will be paid the lowest fares, whereas UberBlack and UberSUV will be paid the highest.
It’s difficult to give you an exact possible income because the fares depend on your location as much as they depend on the type of car, the distance of the trip, and even the time of day.
However, the national average fare for Uber drivers is just over $13 per trip.
Since there are so many variables, I can’t tell you how much you can earn. However, I can show you what I’ve learned about Uber.
With Uber, you are paid 80% of each fare you take. That fare can change depending on a few basic factors:
Uber category (the type of car)
Distance from trip
Day of the week
Time of day
Time of year
You see, Uber fares change with good old supply and demand.
At times when demand is high, you get paid more with surge pricing. These times are likely in bad weather, bar closing time, and on weekends.
So a smart driver could work for several rideshare companies at once to try and ensure the backseat is always full.
Earning More Money
Another way Uber drivers earn more money is by recruiting new drivers and new riders.
This is a fantastic way to earn a little extra cash.
Full Time Or Part Time Income?
Both are possible! Yes, some people are earning a full-time income being drivers for Uber. The median income for a full-time driver is somewhere between $30,000 – $60,000. Basically, even if you are thinking about doing this full time, you need to test the waters first. Don't quit your job just yet because the main complaint I've read is that it's hard to get consistent work in many places.
Planning to drive for Uber? Let me know in the comments.
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