Comment on business is business
deft@lemmy.wtf 1 day agoThose numbers aren’t accurate. Used to have to Uber to a job 10 minutes up the road and after talking to a few guys they made about $20 off me.
From my understanding Uber is basically 15-20 an hour in my area at least. That’s a pretty typical wage. Can’t speak for everywhere though.
SCmSTR@lemmy.blahaj.zone 1 day ago
Okay, I’ll try to do this an easier calculation using $20/job instead of $12/job
$20/7miles (include in-between jobs distance, 7mi is average total real per-job) = $2.86/mi(gross) - $0.76/mi (operating) = $2.10/mile (subtotal), subtracting another 15.8% of gross from subtotal ($0.44/mi) = $1.66/mi (net)
So if you drive (7miles x 4 jobs) = 28 miles hourly, you make 28 x $1.66 = $48.48/hour, which is significantly better. But keep in mind, you’re still fucking your vehicle driving 28mi/h and so another 58k miles a year commercially with thousands of people fucking up your shit.
That’s $96,678.40net/year with a $40,000 every ~ 4 years (250k mi sell point) (you might make an extra 10k on the sale!) (let’s call it $30k every 4 years, so -$7,500/year, assuming you have no payments and bought outright), and an accelerated degradation and depreciation of your vehicle, assuming you drive 40hrs/w and are basically nonstop driving jobs.
In short, ($12 -> $20)/7miles makes a big difference at scale. Takes it from making peanuts and scraping by if you aren’t too unlucky, to actually looking like you can save if you don’t get superfucked by something.
However, if you were saying $15-20 per hour TOTAL revenue, that’s a very different equation.
Honestly, 97k/year is probably top end. Ah I just realized I didn’t include tips. I don’t know how tips work in that company, but I seem to remember some of those companies just stealing them.
I’ll be honest, if you couldn’t tell, I’m pretty biased against that whole delivery/courier/driver industry and cautious about people thinking it’s viable. That stuff is always a trap. Otherwise, Uber would just make people actually employees and absorb costs rather than passing it to the
employeeworker. Taxis had it figured out, and even then it wasn’t great. And semi trucking can be viable, but that’s a WHOOOLLLE different series and scale and severity of traps. Super predatory stuff.LifeInMultipleChoice@lemmy.world 19 hours ago
Lets look at if from another angle. Uber/Lyft have deals with rental agencies that rent the cars to people just to drive in their area. They turn enough profit doing that that they find it worthwhile (retirees I’ve had) and they put 0 wear and tear on their own car.