This is week 2 of my case study “Driving for Uber and Lyft in 2018″. I worked more hours in week 2. I was very strategic and it payed off. I was logged into the driver apps for 25 hours during week 2. Let’s get to the results.
For Uber I spent 20 hrs online. I completed 38 trips and was paid $525.89. This total also includes $48 dollars in tips I got through the app. I’m very happy with the tips. My goal is to get a $1.oo for every ride I complete.
For Lyft I spent a little over 5hrs online. I completed 12 rides and earned $217.52. Tips were good for Lyft also. I got $24.00 in tips.
For Uber I was reimbursed $55.60 in toll charges and for Lyft I was reimbursed for $25.72 in toll charges. After subtracting the toll charges from my earnings. My hourly rate for Uber was $22.89 and for Lyft $36.53, with a average hourly rate between both platforms of $29.71. This is pretty good for working 25hrs. Focusing on early mornings 4am – 9am during the week and driving on Sunday during the day.
Again for tracking I use Quickbooks Self-Employed. This app is a must for me. It tracks your miles. It syncs between your bank account and app. It’s a must if you are bringing in 1099 income.
- New Uber Drivers will get up to 350 dollars guaranteed after signing up: Sign up for Uber
- New Lyft Drivers will get up to $500 dollars guaranteed if you sign up: Sign up for Lyft
For week 3 I will work more hours. I will put in a full-time week soon ’40hrs’.
