Ride sharing services and apps, such as Uber, Lyft and others, have become a popular and affordable way to get a ride to pick you up and bring you to your destination. They are also becoming a quick way for many people to make a little extra money when they aren’t working their regular job, attending school or handling other daily responsibilities.
Whether you are looking for an extra source of income, something to make extra money on the weekends or just want to make some cash showing off your new car to strangers, becoming an Uber driver can help. But, before you join the ride sharing service as a driver, there are a few things you need to be aware of before you start driving for Uber.
Uber Drivers Can Earn a Decent Living
If you schedule your time, and if you commit to adhering to your schedule, you have the potential to earn a good deal of extra income while driving for Uber. Some people have even gone on to turn their Uber driving into a full time career. The trick is self-discipline. Commit to sticking to a schedule, and treat your Uber driving like a business, and you are sure to see profit.
Uber’s Driver Rating System is Stricter than Advertised
A big component to the Uber experience is the rating system. Riders can rate their driver, and the driver can even rate the user. That said, the ratings for drivers are much more impactful. In fact, if your driver rating falls below just 4.6 out of 5 stars, Uber may deactivate you as a driver. So, even a four-star review puts you in line to be cut.
The Rider is Always Right
Uber has a very rider-focused mentality. Even though they are supported by fleets of drivers like you and I, their focus is always on the customer. After all, their business thrives on providing users with safe, enjoyable, and affordable rides. If there is a dispute between you and a rider, Uber won’t go to bat for you; the company is more likely to take the side of the customer.
Vehicle Requirements Change from State to State
If you are considering becoming an Uber driver, then you are probably aware that Uber has requirements for the vehicle you drive. However, did you know those requirements can change state to state? If you query Google about “Uber vehicle requirements,” one of the first sources says the vehicle must be a 2001 model or newer. Yet, that requirement changes from state to state, city to city. In New York, it’s 2010 or new. So, be aware of the requirements in the state you will be driving in.
Uber can Help get You a New Car
If your car doesn’t qualify for Uber’s requirements, you can actually lease a new car through the ride sharing company. It costs only $2,000 down and all payments are taken out of your Uber driver paycheck. A lot of people find this very convenient.
You Drive for Uber but You work for Yourself
This is one of the most important things that Uber drivers tend to forget. While Uber is responsible for signing your paycheck and connecting you with riders, it ultimately falls on you to make your schedule, pick the right areas to drive, track your costs (how much you spend out of pocket to run and operate your vehicle) and grow as an Uber Driver. If you want to succeed at driving for Uber, you have to treat yourself like a business owner and take advantage of Uber’s recruitment system and other bonuses that can drive your profits and compare Uber Black versus UberX for even better rates.
Driving for Uber is a very advantageous way to earn some extra money on the side; you can even dedicate yourself to driving full time. However, it’s important to know some of the ins and outs of how Uber functions and what you need to know as a potential new driver.