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All Uber Drivers are Idiots!

Discussion in 'Quit' started by Steve French, Oct 7, 2015.

  1. JDoey

    JDoey Active Member

    New Jersey
    Yea, idk, for the first 3 years as a 1099 you can claim a loss on your taxes so.. the money you earn is basically tax free.

    I agree, delivering Chinese food is better money per Milage than driving uberX .. and the customers tip btw.

    I like driving uber, but the ware and tare on your vehicle is horrendous
  2. SansTalent

    SansTalent Member

    I totally agree with the OP. Suspension items are one the last to become patent repair notifications as they are more durable and also more expensive. The depreciation of the vehicle mileage will not be fully understood until time of replacement. Before a prospective driver even finds out about the relative costs to make a reasonable determination to quit or radically change the way his/her business should operate, Uber/Lyft has received several months of service out of their drivers with a simple referral to "trap" their prey into at least working hard for a month to recoup their initial expenditure.

    Your time, vehicle, and sanity can all be affected in a negative manner--some things that you cannot simply get back.

    There are a few vehicles along with proper driving habits that can lead to marginal profitability when on driver platforms, but really nothing that can sustain a sprouting family. The fiscal stream generated by these platforms reminds me of a loanshark aka Payday Loans business prospectus of "get your money now, and you'll dearly pay for it later..." at least the end result in the driver's perspective seems consistent with this.

    Uber Black/SUV is a different animal and if properly maintained with a sound business model, can actually be scaled in/out whenever needed to perform well enough to support the already mentioned sprouting family scenario.

    These driver platforms *might* have been intended to provide and offer prospective partners with an ability to make flexible, fun, and fluid income all while sitting in your vehicle, but the market demands have led to a more than adequate saturation point for the product leaving us with way too many drivers and many spoiled, unappreciative riders--this is trending way south!

    Quitting is a practical solution as driver attrition on these platforms are incredibly high from the employment or contractor perspective. Competing tends to be in my spirit along with a big desire to resolve issues--I simply like to solve problems, especially for myself.

    #1. Drive a vehicle that can be profitable. Something that is reliable, durable, and *extremely* fuel efficient that qualifies for each platform.
    #2. Keep marginal costs under control (see #1)
    #3. Shift driving patterns to well known streets and venues--streets that are well paved, lit, have better than average flow, and not littered with debris.
    #4. Churn frequent riders to your vehicle/driver service (livery plates and all prerequisites). Make Uber/Lyft your marketing arm.
    #5. Learn to tip and contribute to create your own partner network to influence prospective riders to choose you and for you to be notified of such demand--technology is your friend here. Certain attributes about the driver along with the vehicle are required here to be successful; you all need the right tools for the job and that's not a "hammer."

    Single passenger, not too much luggage is a prime example of the type of passengers/venues you want to profile for. The extra load of passengers and large luggage reduces fuel economy, incurs extra wear/tear on interior, exterior (while loading), transmission/clutch, suspension, tires, and brakes. These are big ticket items that are lurking and will surprise your pocketbook if you're not prepared for it. Defer them as much as you can by driving smart! But, that is contradictory since "all Uber drivers are idiots." -- j/k.

    It's going to have to be just like a real job.. there is no way around this.
    Last edited: Apr 23, 2017
    Lowestformofwit, LEO2112 and Shangsta like this.
  3. Mole

    Mole Well-Known Member

    I bought a disposable car with cash I will drive it till it dies then crush it and make a coffee table out of it. It is good to know what you are getting in to before you start.
    OverTheBarrell, Cynergie and UberNow like this.
  4. Fast Times @ UBER

    Fast Times @ UBER Well-Known Member

    The DMV
    You sir are the idiot on many levels and I mean no offense.
    BOScusdriver likes this.
  5. PrestonT

    PrestonT Well-Known Member

    Las Vegas
    I want to know how you drove 17K miles for $4K gross.

  6. BOScusdriver

    BOScusdriver Member

    You're the idiot: driving a Cadillac for Uber...or BMW, Mercedes, etc. You didn't do the math ahead of time? Dummy.
    Shangsta likes this.
  7. Shangsta

    Shangsta Well-Known Member

    Lol yup, just the sucker Travis wanted
  8. SushiGirl

    SushiGirl Member

    Brentwood Ca
    I personaly, think you Mr. French are the idiot. You picked a crappy car to uber in but YOU blame Uber and call US idiots. Who the hell in their right mind picks a Cadillac when it's posted all over what the top 5 cars are to use?? An idiot like you, I guess.

    Honestly, I'm glad you and all the cry babies like you are leaving!! I LOVE Uber! You tell me where you can go to work when YOU want, leave when YOU want and work where YOU want ?? Where is it?? All you crybabies that are complaining need to quit and let those of us that want to do it, show you how it's done!!!

    Cry babies...smh!
    Shangsta likes this.
  9. Josh Boyd

    Josh Boyd New Member

    Denver, CO
    That's the catch working for Uber no matter what car you have. Uber can pay for trucks launching Uber eats but they can't start providing vehicles for their most on-demand cities and best drivers. At least they can pay for pay for mileage! Filthy company
    tohunt4me likes this.
  10. columbuscatlady

    columbuscatlady Member

    I thought I was the only one. Since I started with Grubhub then Uber too (because I can't do Uber only), I have had to: replace all 4 wheel bearings, get new clutch, get new timing belt and gasket (which is like getting a new engine), tires every 3 months, tie rods, and wheel cylinder (I just did one side but they said you really should do both so I am buying time hoping the one side will last).
    tohunt4me likes this.
  11. DieselkW

    DieselkW Well-Known Member

    This is what should be scaring the bejeezus out of riders. Drivers can't afford new brakes, new tie rods, new wheel bearings, new wheel cylinders, etc. So they put it off. Rider gets in a car that, once upon a time, was in perfect shape but has been beaten to death by a year of thousand mile weeks for pay that is barely more than the rent.

    Drivers choose to eat or fix the brakes. Guess what? They eat and if there's any money left over they fix the brakes.

    Oh, and when the insurance company finds out they don't have to pay for the damage because you didn't have the right policy....
    BostonTaxiDriver likes this.
  12. Mole

    Mole Well-Known Member

    Yes I'm a idiot I admit that.

    Fact. I have had 3 uber cars in 1 year. 1st one was given to me awesome car. 2nd one I purchased for $2,000 and third vehicle my current one I paid $16,180 out the door. 1st car I drove it 3 months then sold it 2nd car I drove it 4 months 3rd car 7 months and counting.

    Fact I made $42,000 in 1 year of driving. Sold car 1 and 2 for $20,000 and maybe I have about $1,000 in tips. Insurance and gas ect I have spent $1,500 so I now have a gross of $61,500 minus new car = $45,320 . Also uber is one of the best tax wright offs known to man.

    Uber is my retirement job so with my normal income tax it has lowered my taxes by $5,000 last year and I only drove 6 months of 2016.

    I used the money for vacations and my daughters college hence lot's of alcohol and no student loans.

    Also uber when I first started was my therapy job I had a very bad beginning of 2016 and when all the stuff whent down I didn't need to buy a dog or see a shrink. I saved a boat load of cash.

    Yes I'm a idiot and I'm very happy to be one.
  13. pomegranite112

    pomegranite112 Well-Known Member

    Fairfax, VA
    Toyota is the reason why your american made car can even go 100k miles. They redefined the term "quality". Their workers are paid when they find a defect. They all have access to stop the production line. Japanese cars are and always will be the greatest in terms of reliability. Picking the right car is half the battle with uber. The other is dealing with pax and driving strategically

    Drove a 2001 honda accord before i started uber for 60k miles. I drove those 60k with a transmission that was slipping. No other problems aside from changingthe ignition switch
  14. SEAL Team 5

    SEAL Team 5 Well-Known Member

    How in the hell are your operational expenses only 3 1/2% of your revenue? Just my gas and insurance alone is 15%.
  15. Mole

    Mole Well-Known Member

    Costco gas I do all my own auto repair and mileage tax deduction plus I made a nice chunk of change on the 2nd car sale and I depreciated 3 cars on my 2016 Tax return. My 3rd vehicle that I still have will give me a $3,500 or so tax deduction all miles are used even dead miles from drop off to pick up are used. Cell phone garage usage all parts purchased insurance plus registration are deductions. Over all my cost is after every deduction is about 4.5 cents a mile.

    Also as a added bonus but not counted driving for uber with all the wright offs puts me under the fracking liberal 2% were going to tax you to death California added income tax for hard working people who make good income that the poor people want a part of while they sit at home smoking and drinking and cashing there welfare checks.
    Last edited: Aug 12, 2017
  16. DieselkW

    DieselkW Well-Known Member

    In other words, to make rideshare driving profitable, all you have to do (according to your post) is:
    1. Ignore the costs associated with procuring a car.
    2. Claim the depreciation value instead of the 15% tax savings on the depreciation.
    3. Not pay yourself for lost time and your own labor, and the cost of parts is tax deductible at 15% self employment?
    4. Claim a $3500 tax deduction on the third vehicle at $42,000 gross income. That's 8%, sure you want to go with those numbers?

    So, how many passenger miles does it take to earn $42,000 in your market? I drove 1500 miles for every thousand dollars of rideshare pay at 60% passenger in the car miles. That's a mile and a half per dollar before taxes.
    To earn $42k, I would have to drive 63000 miles per year for rideshare.
    At an average of 30mph, which varies by market, 63k miles is 2100 hours behind the wheel. 44 hours per week, $20/hour.

    Cost to drive 63000 miles at 30mpg is 2100 gallons. Costco price per gallon? subtract at least $4000
    Cost for oil and oil filter changes, 8 of them if you change the oil every 7500 miles? subtract $200
    Cost for a set of tires, worn out at 60k miles? subtract another $1000 (Costco price)
    Cost for a brake job every 60k miles? 2 wheel cylinders – $35.00 Pads – $50.00 Shoes – $30.00 2 brake rotors – $110.00 Total parts – $234.00
    Insurance and registration - gotta count it if you deduct it. Passenger car insurance is $300/month, rideshare insurance is more.

    Any other maintenance? You're lucky to get away without having to replace any other parts, your costs are still around $10000.

    $32,000 a year for 44 hours a week. $14 per hour you are doing twice the reported average for all the other ride share drivers on this forum.

    And, if you claim 54¢ per mile on this example, (2016, for 2017 it's 53.5¢) you will have a $34,000 tax write off.
    At $42000 gross, $32,000 net a mileage write off of $34k is an instant audit trigger. Good luck explaining to the IRS that you deducted both depreciation and mileage. If you use the standard mileage rate for a year, you cannot deduct your actual car expenses for that year. You cannot deduct depreciation, lease payments, maintenance and repairs, gasoline (including gasoline taxes), oil, insurance, or vehicle registration fees.

    So, your $3500 claim of tax deduction for depreciation is an either/or. Either depreciation and itemized costs, or 54¢ per mile, but not both.
  17. Mole

    Mole Well-Known Member

    Your numbers are off.
    Vehicle is paid off I paid cash. No interest no payments.
    Quest bonus $500 per month $6,000 per year driving for 2 weeks a month 4 quest bonuses.
    15% of pax's are surge rides.
    36 mpg average
    insurance is about $20 a month extra for rideshare. $1,450 for 1 year 3 vehicles is what I pay.
    I never needed to do my brakes but I did buy 2 tires.
    You forgot the per minute charge basically $1.10 per mile. How long does it take to drive 1 mile in traffic?
    Costco gas 54,000 miles at a 2016 average of $2.49 a gallon at 36mpg
    Smooth driving never use my brakes until the last 100 feet when coming to a stop but sometimes hitting them on the freeway in traffic = no large replacement cost and I never have had one yet on any of my vehicles in the last 20 years.
    added extra's tips and making a few bucks on the old vehicle sale.
    I deduct my garage that my car sits in for a office plus cell phone and all the bottled water and mints I buy at Costco.

    I have a hawk for a accountant she is awesome knows the law and rules and follow's them so most likely no audit and if so I have all my documentation for inspection in a nice neat folder.
    Last edited: Aug 13, 2017
  18. PepeLePiu

    PepeLePiu Well-Known Member

    Maybe you should've chosen a different kind of car. Cadillacs are not meant for this kind of job and abuse plus the devaluation rate is huge and the maintenance, even in the best of conditions is very high. So maybe, just maybe, the cautionary tale should be "Don't be an idiot, don't drive a Cadillac to do ride share". Now, onto the numbers, if you was making 250 bucks a week give or take by your account, you was putting 1000 miles to make 250...
    I'm sorry to inform you that in the idiots play, you might be the king.
  19. JTTwentySeven

    JTTwentySeven New Member

    1,000 per week for 4-5 months and only grossed $4,000???
    That's about roughly 20,000 miles, meaning you made 20 cents per mile?
    Now that's an idiot right there...
  20. Aerodrifting

    Aerodrifting Member

    Los Angeles
    Are all American cars that bad? Is Toyota / Honda / Nissan the only way to go? What about Chrysler, Ford, Chevy etc? Their compact sedans for instance, Do they break down at 100k mile too?

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