To Become An Uber Driver Or A Lyft Driver? That Is The Question.
To Become an Uber Driver or a Lyft Driver?
That is the Question.
While many are looking to further their education to get a better “job”, some people just want to know how to become an Uber driver/Lyft driver. Do you need help deciding whether or not you should become a driver for Uber or Lyft? Do you need a truly honest Lyft and Uber driver reviews? Below, I will provide you with the most in depth Uber driver reviews (and Lyft drivers reviews) you will find online. Driving for Uber & Lyft was one of the biggest roller coasters of my life. In the end, I think it was all worth it.
If you want to know the good and the bad, the great and the ugly, then I will lay it all out for you. There are some really great things about Uber & Lyft that people don’t fully understand. There are also a few good reasons to take precaution and know exactly what you are getting into. Hey, at least driving for Uber or Lyft is much “cooler” than your typical local driving jobs or your cross-country truck driving jobs.
Are you ready to become a self-employed driver for Lyft and Uber using your own car? Or are you nervous about the opportunity or not sure if it’s the right thing for you? After you read the breakdown of pros and cons as well as an understanding of how the two companies differ from each other below, you will now exactly what to do, and you will know the best way to do it. I have listed the pros and cons of driving for Uber/Lyft, as well as what makes Uber and Lyft different from one another. [Disclaimer: My experiences with both companies were in my hometown, which is Boston, MA, USA. Other cities may or may not differ.]
Reasons to become an Uber driver/Lyft driver...
PROS Of Driving For Uber & Lyft:
1) You create your own schedule. Literally. You drive whenEVER you want to. You don’t drive whenever DON’T want to. Simple.
2) Uber & Lyft both operate 24 hours day, 7 days a week, no exceptions.
3) Both ride-sharing companies give out great bonuses and guaranteed hourly pay when they choose to do so.
4) You get paid weekly. “‘Nuff said’”. Oh yea, it can be direct deposit if you decide that.
5) You can earn a lot of money through referral bonuses by referring others to drive for either ride-sharing company. Their referral bonuses are always changing. I’ve seen as low as $50 and as high as $1,500 for referring a new driver. I’ve actually made thousands in bonus cash.
6) You are your own boss! As a driver, you are considered an independent contractor. I did not have to answer to one person in either company in all of my 2 years of driving.
7) You can earn as much as you want, as long as you’re willing to work for it. There is no ceiling or limit placed on you. Being self-driven is the key when you become an Uber driver.
8) Neither company discourages you from driving for other ride-sharing companies or having any other job you want. Most drivers I know literally have both the Uber and the Lyft ride-sharing apps turned on at the same time, closing one of them only after accepting the first ride that comes in.
9) Unlike being a limo driver or driving for some other companies,. there is NO DRESS code to drive for these companies. You can relax.
10) It’s still your car, and you make all of the final decisions. You don’t have to accept any rides you don’t want to, drive anywhere you don’t want or take anyone’s bullsh*t if you don’t want to. But you’ll rarely run into these “massholes”. For some reason, it’s just in the ride-sharing culture here to be cool and courteous, and I’m happy about that.
11) Both ride-sharing companies make sure you get paid if someone dirties your car, hurls in your car, or damages your car in anyway, whether on the interior or exterior. I was paid for a few small incidents, and I was okay with the compensation.
12) You will be participating in a new type of economy, where people work for each other, and hopefully benefit each other’s lives by doing so. I can’t tell you how happy my customers were to see me and get picked up in the middle of Boston’s natural-disaster-like snowstorms, which we call nor’easters. 99% of customers I asked clearly expressed that they love, not like, our service, And the majority of drivers are just as happy with their experience, nonetheless a few bad apples, as with ANYthing in life.
13) You can earn a lot of money! During the best of my Uber/Lyft days, especially during inclement weather, I made up to $90 in one hour and up to $40-45 per hour for a stretch of 3-5 hours. Driving can be lucrative in comparison to other jobs that do not require any experience or certification of some kind. Uber will even help you buy a car through their leasing program if you are short on cash for a new vehicle.
14) Signing up to become a driver for Uber is simple, quick, easy, and free! Signing up to become a driver for Lyft involves one extra part of the process, but it is just as simple, quick and easy! There is a SIGN-ON BONU$ for both companies when you sign up through one of the links I have provided.
Reasons to NOT become an Uber driver/Lyft driver...
CONS Of Driving For Uber & Lyft:
1) You can be suspended or “fired” at any time for any reason they see fit, even if it’s a situAtion where it’s the customer’s word against.
2) If you’re not a very motivated person, there won’t be anyone over your shoulder making sure you go to work. You are your own boss and thus have to act like one by keeping yourself motivated to work.
3) In the end, many people will take home a lot less than they realize. When driving for Uber or Lyft, you have expenses such as gas, care note, care insurance, cellphone and service, car repairs, car maintenance, carwash, and any additional things you may purchase for your business, such as water and/or snacks for your customers (some drivers do this).
4) You are rated by each rider after each ride, and you have to maintain a certain rating to remain a driver long-term. The rating is a 5-star rating system.
5) There is no customer service phone number that you can call for either company when you become an Uber driver/Lyft driver. Even drivers have to communicate with their perspective ride-sharing company through email.
6) You have to pay your own taxes. This is easier said than done for most people, but most competent accountants can handle this for you. It’s important to have knowledge on tax write-offs so that you can save money on your taxes, which in essence is the same as earning more money, since you would have never gotten it in the first place.
7) Because you are driving your own car for work, you are putting yourself as well as your car at higher risk for accidents or damage done by customers to your vehicle. But what doesn’t have any risk involved? Become an Uber driver with the proper knowledge of insurance policies and liabilities.
8) Some of the best times to drive are the awkwardest times to work, for most people. Examples of the “hottest” times to drive include Monday and Friday morning from 4am to 7am and weekend nights from 10pm to 3am. Who really wants to be working at those times? I’d rather be asleep and/or partying it up hard and requesting my own Uber or Lyft driver at the end of my night.
9) You’re taking money away from the taxi drivers. They deserve to make all the money even though they didn’t update or improve their services in all the years of my existence. (This one is a joke LOL. Uber and Lyft are growing business models because the customers, as well as the drivers, love them!)
10) If you have self-esteem issues, you may not feel too “cool” when people ask you what is your occupation. Well, at least if you have another job,. you can skip over the part where you say “I drive for Uber” or “I drive for Lyft” altogether. Not so cool late night at the bar if you’re looking for a date, right? (I made another funny LOL.)
Uber vs. Lyft
1) Uber’s customer base is so much larger in my city. Drivers get rides more consistently throughout different times, days, and seasons. You may be sitting waiting for rides quite often with Lyft, especially depending on when you choose to drive.
2) Lyft allows customers to tip the driver after each ride, if they choose to do so through the app. Uber tells it’s customers that they “include” tip in our pay. I’m not sure where to find that on any of my Uber pay statements.
3) Want a great reason to become an Uber driver?… Uber has no limit on the amount of time you can drive for. Lyft does have a limit. For every 14 hours that you have your Lyft driver app open, you must turn the driver app OFF for a consecutive 6 hours before driving again.
4) Lyft often has nicer customers. I say this lightly only because Lyft started off with a happy-go-lucky image with the pink mustache and the “fist bump”. But, over time, the customers have crossed over between companies, so there’s not as much a difference anymore. And I never “fist bump” my Lyft customers anymore. I don’t think I ever did actually.
5) Uber, I believe, pays its drivers an $8 toll fee on each airport trip for the $3.50 toll paid out of the driver’s pocket each time the driver exits the airport. Lyft only pays its drivers the actual $3.50 paid out of pocket, which gets the driver $4.50 less on each airport trip, which can add up quickly if you are driving the early morning “airport shift”, which is from about 3:30am to 7am.
6) Lyft drivers are allowed to make pickups at the airport. Uber drivers still are not allow to make pickups, even though they can make drop offs at the airport.
7) When you first become an Uber driver, you realize that Uber has a much faster response rate when communicating about any issues or questions you have emailed them about. Sometimes, you’ll be lucky to see a response in a few minutes or within an hour.
8) Lyft gives its more committed drivers a “Power Bonus”, which compensates them for driving more hours per week. You would usually give Lyft 20% of your fares and take the remaining 80% as commission. For driving 30 or more hours in a given week, you can earn back half of that 20%. For driving 50 or more hours (which is full-time), you can earn back the entire 20%, keeping 100% of your fares for the week.
Uber and Lyft are both great ride-sharing companies. We can all agree that the new business model has been great for most people, and even a savior for many during times of harsh weather, drunk late-nights, emergencies, and/or times when the city’s public transportation is down. Many have stated that these companies have indeed saved many lives. The other additional benefit is that less people need cars, decreasing traffic and pollution, which is bad in almost every major city these days.
Did my review of both Uber and Lyft help you out? Do you still have questions or concerns? Are you comfortable stepping behind the wheel and driving for one of these ride-sharing apps? If so, click here to become an Uber driver and/or click here to become a Lyft driver, and you will be taken to a special sign-up page. If you’re looking to become self-employed,BUT would rather work from home, you can click here instead for some guidance on creating what I call the “Laptop Lifestyle”.