Who makes more money uber or lyft drivers

Posted: cottbogu Date of post: 30.05.2017

For many months, Lyft has been the cheaper option for passengers and the higher grossing option for drivers. Guess How Much I Made Over The July 4 Weekend Podcast. Sure enough, he was right. I did a little research and discovered that pricing can vary wildly from city to city. That discovery also inspired me to make a simple spreadsheet that allows for a few inputs and will tell you what service you should be driving for to maximize your earnings potential.

For those of you who have been following this blog from the beginning, you know that I love to create spreadsheets. Get Free Driver Analytics With Sherpa Referral Link. The spreadsheet is hosted on Google Docs so in order to edit it, you will need to download a copy onto your hard drive as an excel file or you can save it to your own Google Drive and edit it there.

Take a look at the results and then come back for some more discussion:. Spoiler alert, Uber is the big time winner. I used inputs of 4. This means Lyft is still the cheaper option for passengers in most cities but for drivers you will make more with Uber on average. Lyft was the higher grossing TNC in 10 of the 54 cities we looked at while Uber and Lyft were tied in three cities. I used an input of 10 hours drive time because I usually drive that much or less every week.

The most important thing for you though is to figure out which service pays more in your home city and go from there. The biggest impact to earnings come from driving 30 hours or more. I think these lower commissions are going to be a big boon for full time Lyft drivers since a lot of part time drivers like me will opt for Uber. Was the information useful or did you pretty much already know who to drive for?

Income , Lyft vs Uber Tagged With: Thanks for your efforts Harry. We can never have enough data. No problem Pedro, this spreadsheet should be a lot easier to use but still provide some good insight for a lot of people.

Any chance of a more detailed post or podcast on interpreting the info. Nothing in the works, but I can definitely work on something in the future. Just shoot me an e-mail with the questions you have or alternatively you can probably contact Sherpa directly. Without SR fee for UBER: Hey Waleed, thanks for commenting.

So the numbers should be correct.

Do Drivers Make More Money With Lyft or Uber? | The Four Hour Work Day

Granted the turn by turn directions are nice, as is the improved GPS function. But where does all this stop? Who knows what they will start charging for next…..

You can get turn by turn, GPS, etc with a regular smart phone so why should you pay for a crappy iPhone 4?

26 Rideshare Drivers Tell Us About Driving for Uber vs. Lyft

One of the reasons why I started this site was so that I could be a voice for all the drivers out there. We just got the announcement today from Uber on their changes for Chicago. This is a huge hit to Chicago Drivers. By September, the cut in pay will be significant assuming no change in surge pricing. Take my average fare of This is a whopping cut in pay of On the bright side, with a mileage deduction of 0. I got a prepared response back from Uber.

How do I know it was prepared before hand? Because it came back lightning fast. I am really thinking about adding Lyft as a ride share partner and see if that works better for me. Here is the response:. Additionally, with this price cut we fully expect demand to continue to rise and driver earnings to increase.

September is the beginning of the highest demand season on Uber and business will be at an all time high as we keep up with the new riders wanting to try the Uber system! I might have to sign up for Postmates! Also, just so everyone understands why Chicago drivers will be screaming the loudest… Our trips are now based on… get this… 90 cents a mile and 20 cents a minute.

I am pretty sure that is the lowest in the country. I have decided not to drive on Friday and Saturday in protest. Anyone want to join me? I guess they will still find the drivers to do it for crappy money — however, eventually those drivers will turn off riders because they will have crappy cars and crappier attitudes.

Just started driving in Chicago and, the struggle is real!! The Four Hour Work Day. Lyft is Bringing Back Their Commissions. Recalculate and you will see that Lyft gets the advantage with the new bonus plan. Should I Drive For Uber or Lyft? I love what a little analyst you are! I am curious as well to see if Lyft is the winner for drivers since Uber undercut Lyft after you created this.

I applied to be an ambassador and am going to see for myself if promotions are a better way to make money than driving. I figured that guy Rob would be a good interview but he never got back to me so life moves on.. Great use of Sherpa data. Although I am a bit curious — Sherpa seems to have a limited number of drivers on the platform, which suggests to me that it may not be offering a complete picture yet of the realities of driving in any given city. Thanks Dave, yes it definitely is limited data but I think for cities like SF with a ton of Sherpa drivers it should be somewhat accurate.

I am collaborating with Ryder from Sherpa as we speak in order to get some more data on Uber vs. That is the kind of stuff I want to know and share with all my readers. Get Your Lyft New Driver Sign Up Bonus Before It's Too Late. Should Drivers Support Unethical Companies Like Uber? Are Lyft's New Heat Maps A Good Thing For Drivers?

Should I Drive for Uber or Lyft? Why I Turned in My UberX iPhone and Now Drive for Lyft. You should be able to open the spreadsheet in Google Docs and then save to your G Drive or download a copy as an excel sheet. Other than the fee these companies charge per ride, what other fees are charged?

I am looking to start driving part time hours a week. I know uber charges for the phone, does lyft do the same? How does that affect where I will make more money? Uber now allows drivers to dl the driver app on their iphones, android app is on the way. No other fees than the standard commissions on every fare. Why The Downfall Of Lyft Is Imminent. Hey Harry, is it true Lift is giving a 5k bonus to NYC drivers with commercial licenses?

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Where can drivers earn the most? Welcome Business Insider Readers. You mention a zero Lyft commission. Is that for all cities? Does anyone know if I need to get a tlc license if I already have a cdl license with passenger endorsement to drive for uber or left?

I live in Snellville ga. Thanks for the post!

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Definitely going to download sherpa! I like the way you broke the numbers down, it is very different from the way I did mine. I might try to incorporate sherpa data to my next earnings breakdown.

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With all the changes Uber has done; upping commisions, Safe Ride fees, the game has completely changed. Is there an update coming? I update the spreadsheet regularly, what aspects would you like to see overhauled?

I sampled a few on the spreadsheet. It is not an apples to apples comparison. Case in point — Sacramento. In no way is that an equal comparison to Lyft rates. Ubers tactics and taking advantage of drivers is of chief concern. The latest fare hike to SRF is THE 1 issue affecting Uber drivers and upends the entire commision structure yet no mention or article discussing it. It lends credence to think collusion. Good suggestion for an article..

Apologies if it seemed I was rude, amongst other feel good stories the one concerning a drivers take home pay percentage per trip VS greater and greater commisions going straight to Uber seems like a no brainer headline story to me. The drivers need to know, badly. So many are in the dark. The new fee structure has been live for 2 weeks or more at this point. Otherwise, you could also try a google voice. Can barely put the key in the car for that.

Thanks for putting in the time and creating such a handy spreadsheet. I was juts wondering if the numbers are current or if there have been any changes in fare policy since this was created.

I guess the entry bonus makes a difference too. Lyft makes it quite easy to see the bonus terms. Uber, not so much. Anyway, thanks for the update. Looking forward to it! I drive for both and spend hours per week behind the wheel.

The recent bonus structure has been a big incentive to drive for Uber but at the end of the week I find myself working much longer hours for that money vs Lyft.

Uber is always asking me to drive 5 or 6 miles to pick someone up. So in SF, what app makes you more money?

I feel like purely because of the fact that people can tip me in-app I make more money with lyft. Does anybody know if lyft is coming to or already in Lancaster Pennsylvania I drive uber. I would like to drive both platforms. What is it with all the comparisons you do, is San Antonio, TX chopped liver or just too new? I'm Harry, the owner and founder of The Rideshare Guy Blog and Podcast. I used to be a full-time engineer but now I'm a rideshare blogger! I write about my experience driving for Uber, Lyft, and other services and my goal is to help drivers earn more money by working smarter, not harder.

who makes more money uber or lyft drivers

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The following two tabs change content below. Latest posts by Harry Campbell see all. Review of an Emerging European Rideshare Company Friday Rideshare Roundup: Starting to wonder if this makes sense to driver for UberX at these rates. Here is the response: If you have any other questions, please let me know or check out our FAQ.

Uber Chicago Partner Support Site Adam G. Hi can you e-mail me the spreadsheet? I am in San Diego, so i guess not: I drive for both and I seems to make more money with Uber than Lyft. I finally washed up with Uber due to unfair rating system. Are the spreadsheet fares after commission?

Forgive my frustration at the silence. No matter the platform, the bigger rides are still my lifeblood. I think Lyft but right now Uber is doing tons of guarantees in SF area..

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