Things I Wish I Knew Before Driving For Uber & Lyft

 I started driving for Lyft and Uber around the beginning of 2019, and there’s a lot of things I’ve learned since.

I’ve suggested over to a lot of people if they’re entrepreneurs to have their side hustle and I always get comments or questions about techniques or tips.

So in this post, I’m going to talk about the 9 things that I wish I knew before driving for Uber and Lyft.

1- Sign Up With Both Apps

Now, this is huge because when I first started driving, I drove just for Uber and I didn’t sign up with Lyft.

I eventually signed up with Lyft and found out at least the time that I started driving at the beginning of 2019 that Lyft was actually paying more at the time than Lyft and I was mostly driving for Uber and then they kind of went back and forth.

Besides, both apps sometimes compete with each other to give you better bonuses, especially if it’s a holiday weekend or something along those lines.

By signing with both Uber and Lyft, you’re getting the best of both worlds because sometimes Lyft is better and sometimes Uber is better, and by driving for both you can capitalize on both apps.

2- Only Drive On Surge Hours

If you want to drive for Uber and Lyft make sure you’re free during the Surge hours which are mostly the morning commutes 7-9a.m and evening commutes 5-7 p.m.

Friday and Saturday nights and Sunday during the day. The weekends are hands on the most optimal time to drive, but the morning commutes are pretty good as well.

If you can’t drive during the Surge hours at all if you’re too busy, you might find it a bit more challenging to make good money, but the truth is most people can make time for those surge hours. As long as you get those surge hours, you can make a lot of money.

3- People Are Nice

This is something I want to mention because I’ve had friends asked if I don’t hate to deal with drunk people being obnoxious or rude?

The truth is there have been only maybe two instances after doing hundreds of rides that I could say someone was rude and it really wasn’t even that bad of a ride.

So the truth is most people are friendly, they get in the car you, have a pleasant casual conversation with them, or they’re on their phone.

If it’s a group of people, they’re just talking themselves so overall. The people are nice and very friendly.

4- You Don’t Have To Have Candy Or Snacks

This was a lot more popular a couple of years ago when lyft first came out because it was a big selling point.

I remember cars would be stacked with gum, water, and different candies.

Now you don’t have to do that, some people have told me they want to drive, but they don’t want to go out and buy water or KitKat’s or gum or anything like that.

I do think that having napkins in your car is the only thing I will suggest because if someone spills something or if they need to blow their nose.

Napkins are so cheap you can get like a hundred for a dollar at the dollar store so you really can go wrong.

Besides that, don’t worry about having like goodies or snacks or candy or anything like that.

5- Can Do It Anytime

Another question that I often get is if I have to set a weekly schedule.

There’s no need to fill in a weekly schedule so I can actually hit the app start button whenever I want to drive for as long or short.

This is a massive point because a lot of people think you have to schedule in advance
but the truth is Lyft and Uber is so
Unbelievably flexible you could turn it on legitimately makes the freedom in the flexibility a million times easier.

6- You Can Get Daily Paid

This is honestly one of the best benefits of driving for lyft and Uber a lot of people don’t know they can get paid daily.

You have to make a certain amount of money ($5.50 as of this writing) minimum to be able to transfer the funds to the bank.

For instance, once you make fifty
dollars and you can do this at any point
in time you hit the “Cash Out” button, and you get the money right in your bank account almost right away.

Let’s say if you need some side income or something, if you want some extra money to pay an immediate bill, just go out that night drive for a couple hours make that 50 bucks, get paid and boom you’re good to go, and this is one of the best-overlooked benefits of Uber and Lyft.

7- Expenses

There’s a lot of expenses that you might not think at the beginning and this, unfortunately, is a bit of a negative one.

Obviously, you are going to be spending a lot in gas, and you’re also be putting miles on your car, which means more depreciation.

Let’s say you want to sell your car back in or get a new car that’s going to affect the value of your vehicle.

You’re an independent contractor, which
means you have to pay more in taxes. The whole tax accounting process can get more complicated.

Another big thing is you need more maintenance on your car, so things like oil changes are a lot more common.

Another thing as well is health insurance as you would have to now pay for health insurance out-of-pocket because you don’t have benefits.

I will say lyft and Uber have worked to make that whole process more accessible in terms of getting health insurance.

8- No Car Needed

You really don’t need a car, Uber and Lyft have an excellent rewards program Uber Fair and Lyft Express that if you drive for them, and you do at least 90 rides in one week for Uber or 135 rides for Lyft and you don’t have to pay a loan for the car.

At the time of signing up for Uber or Lyft you only need to select “I need a car to start driving” fill out your information and set up the rental pick up, and that’s all you need to get a rental car for driving for Uber or Lyft. 

Besides, you don’t get charged for the miles put on the vehicle also maintenance and insurance are included in the rental fee.

Sucks having to put all those miles on your own car and to put on all that depreciation.

Just make sure you do at least 135 rides in a week and then boom, that’s right, you don’t have to worry about any loan and depreciation on your car and to worry about putting maintenance, paying for insurance and all this stuff on your vehicle.

The rental agreement is for 7 days and if you decide to return the car, you can do so on the 7th day or before, so you don’t get charged for another week.

9- It’s Fun But Tiring

It can be fun the hours fly by, but it can get extremely exhausting.

Doing hundreds and hundreds of rides
the truth is it’s entertaining and the time moves by so fast.

When I’m driving someone to their destination, we can have an exciting conversation, and it can be enjoyed doing it that way, pretty exciting.

It’s all good, but as you can imagine, you can be sitting down driving for a few hours bouncing around the city.

I’m in LA and doing all that stuff can get super tiring, so it’s kind of like a double-edged sword, a bittersweet thing.

In conclusion, like all things have their pros and cons, it really depends on everyone’s preferences and necessities, in my case I see it as a side income I can count on to support my starting business and a way to network with potential clients.

Lastly, if you ever consider signing up for Uber & Lyft, please also consider using my referral links below. That way we both get bonuses from them.

SIGN UP FOR UBER HERE

SIGN UP FOR LYFT HERE

9 thoughts on “Things I Wish I Knew Before Driving For Uber & Lyft”

  1. I have been thinking for a while to start driving for Uber or Lyft but I was always worried about my car being damaged either from clients or depreciation.

    I really haven’t done of research yet but at some point, you mention that you can “rent” a car from Uber or Lyft and drive for them?

    Is this really an option? How could I do it?

    Reply
    • Hey Harry thanks for commenting!

      Lyft has a rewards program called Lyft express where you can rent a car from them and depending how many rides you give in a week is what you pay for the rental. For instance if you do 125 rides a week you pay $59 for the rental for that week and if you do 155 rides within the week you pay $0 for the rental. So the more you drive the less you pay , also there’s no miles limit, maintenance and insurance are included with the rental as well .

      Wish you the best!

      Reply
  2. I have, from time-to-time, given thought to driving for Uber or Lyft.  I came across this article, and I’m really glad I did.  I like all the tips and it’s great to hear from someone who has done this for money and get some honest feedback and ideas on how to make this profitable and fun and do it right.  My sister-in-law has toyed with this way of making extra money.  She has a different approach, though.  She only turns it on if she’s actually going someplace herself.  She waits for a rider and then picks them up and goes on her way.  Then when she’s coming home, she turns it on and waits for a return trip.  That way her gas and time are paid for when she has to go someplace.  She loves it.

    Reply
  3. It’s a very good post you have here!

    You talked about doing 64 rides in a week and you will not worry about millage and car payment, why is that? Will you qualify to get a car from uber?

    I like the advice about signing up for both companies, the benefits are really interesting. Because, you can only accept a ride when you are available, so there will not be any problem with your schedule.

    Thanks

    Reply
    • Hey Adyns68 thanks for commenting !

      I actually got that wrong , I just checked the rental terms for Lyft express rewards  program and it is now 155 rides  a week in order to pay $0 on the rental and Uber unfortunately don’t have any incentive for rentals but they partnered with Hertz recently to facilitate rental cars. I bet Uber will come up with some rewards program just like Lyft because they’re always competing. 

      Wish you the best !

      Reply
  4. Thanks Chris, I really learnt a lot from this write-up and I must commend you because not a lot of people want to tell us about things like this. Driving around the same city can be truthfully tiring especially when you have sad boring people to drive around LOL. I didn’t know that one could make withdrawal daily, how much is the minimum?

    The tips are really great and I might just think of signing up for both uber and Lyft…with your referral links of course.

    Reply
    • Hey Henderson, thanks for commenting!

      As far as the minimum to cash out your earnings is $5.50 and they charge 0.50 cents for the transaction. 

      Wish you the best!

      Reply
  5. Good job answering some of these questions up front. This sounds like candid feedback. I know that Uber and Lyft are growing. I use them all the time when I’m vacationing. I agree that everything has their pros and cons, and it’s up to us as individuals to look into it. Sometimes I babysit for someone that drives for Lyft. She likes it because she makes herself available for rides only when she is open and doesn’t have to be obligated to a schedule.

    Reply
  6. This is a great topic as I can relate to this, or my husband shall I rather say because he does Uber and what is known as Bolt, which is similar to uber. Whenever one is quiet, he switches over to the next.

    He rides from 5 am to 9 am in the morning, then 1 pm until it goes quiet. At 1 people mostly go on lunchtime from work at that time, so they request an Uber to take them somewhere. 

    After that, he starts picking up from 4 pm to 7 pm late afternoon. The uber app and the bolt app lets you know which times you must be out and about picking people up. So it’s a great business to go into.

    Thank you for covering this topic and all the best.

    Reply

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