How much Uber vs Lyft driver pay 2016 can be worn to specify the options where you will join to, the Uber or Lyft. We know that being the Uber or Lyft driver now has become alternatives for side job in free time. Do you want to use your free time to earn some money?
Anyway, there are a lot of freelance jobs available, but being an Uber or Lyft driver can be a good choice. Somehow, you have no idea who much money you can earn from being an online taxi driver.
It can be really promising to become an Uber driver and now there are a lot of people who have signed up for being Uber or Lyft driver. Now, let us check Uber vs Lyft driver pay 2016 and what makes them different.
Uber vs Lyft Driver Pay 2016 Percentage Income
Somehow, both Uber and Lyft may advertise the offer about how much a driver can get when being Uber or Lyft driver. Anyway, when it is dealing with income, it actually depends on the location where you live.
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It also depends on how long your driver and how many passengers you get. How much will you get related to Uber vs Lyft pay 2016? It seems that you need to realize that Uber and Lyft have their own different system.
In this case, when you choose Uber, Uber may take a portion of every fare as much as 20% on uberx, 25% Uber black, and 28% on ubersuv.
This percentage is valid in the New York City. Meanwhile, Lyft will get 20% of each fare and there is also additional sales tax that the city gets about 9% while 2.5% is for black car fund.
You may not realize some hidden costs that Uber or Lyft does not cover
In a certain case, being an online taxi driver is not free because you also need to consider a few things or let us say some hidden costs. The hidden cost is the expenditure that you have to spend as long as you have a car.
Some of the hidden costs are among others gasoline, self-employment taxes, maintenance, car payment, tolls, insurance, and carwashes.
When you consider these costs, you may only earn about $12 per hour or even lesser. Somehow, you need to bring your car to a carwash service to sterilize the interior and it costs some money.
Earning more income to be an Uber or Lyft driver
It is undeniable that you can actually increase your income as an Uber driver or Lyft driver with the best strategy.
In this case, you can actually try to minimize your expenses or you can also get some benefits from surge pricing at a higher amount, and you can also maximize the tax write-offs.
Some Uber drivers have successfully earned more income when they consider some strategy for being rideshare drivers.
You are ready to become an Uber or Lyft Driver
Uber vs Lyft driver pay 2016 may be different, but it is your option whether you choose Uber or Lyft. Somehow, it is not difficult to become a rideshare driver because you can actually register it online.
For the Lyft driver, each new driver will earn $300 as a bonus, but you need to complete about 100 rides in one month. Meanwhile, you can just go to the Uber official website to register for a driver. There is no bonus when choosing Uber driver, but you can get more income when you increase your ride hours.
In conclusion, it is important to know Uber vs Lyft driver pay 2016 so you can determine whether you prefer to become an Uber driver or a Lyft driver. But, when it comes to the amount of income, it depends on your ride hours. The more you driver, the more money you will get.