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Breakdown earning for me Seattle Uber X

Discussion in 'Seattle' started by BlackDog, Sep 7, 2015.

  1. BlackDog

    BlackDog

    Location:
    Seattle
    Driving:
    UberX
    I just sat down to figure out exactly what I made the last week in August 2015. Kinda sad. Each week does vary and will be interested to see how my taxes turn out for 2015

    I was hoping you could share your rough breakdown.

    Deposited into my account $ 942.80 (20% already deducted)

    Hours online 43.4

    Total miles driven 953 x . 40 cents per mile = $ 371.87 cost to drive vehicle 953 miles.

    942.80 - 371.87 = 570.14 / 43.4 hours = $ 13.14 dollars per hour before deduction and taxes

    When filing taxes you can take off .57 cents per mile from your profit before paying roughly 15% in taxes

    942.80 - 543.21 = 399.59 is taxable - 15 % = About 60 dollar in taxes

    Note: I have no idea the % the City of Seattle wants. Anyone know?

    So $ 510.93 / 43.4 hours = $ 11.77 dollars per hour take home.

    Now I put a price of freedom of working my own hours and enjoying the passengers. That has to be worth at least something.

    I drive a vehicle that gets about 25 miles per gallon with gas figured at 3.25 per gallon (so it cost about .15 cents a mile to drive) I know... I should drive a Prius.
    According to AAA average vehicle maintenance for oil, tires, repairs is .05 cents per mile
    Initial cost of vehicle 30,000 is roughly .15 cents per mile if you paid cash and .28 cents per mile if you have a 5 year loan
    So I pay about .40 cents per mile to drive

    My math might be a little off... not 100% sure I did the tax deduction or % correct. Sorry.

    Even if you only work part time it still breaks down roughly the same.
     
  2. I don't see how this is worth your time for such little pay. You could do better at a pizza place somewhere.
     
  3. Sacto Burbs

    Sacto Burbs

    Location:
    SF Peninsula
    Driving:
    UberX
    Quit now and you have about $800. No additional expenses.

    Walk out of the casino or play again.
     
  4. Blackdog is in a market with a halfway decent rate and regular surges. Imagine how bad his numbers would look if he were in Atlanta.
     
    negeorgia, LAuberX and chi1cabby like this.
  5. berserk42

    berserk42

    Location:
    Seattle
    Your depreciation seems high, but your maintenance seems low for the car you seem to have. My overall op cost, including depreciation, is about $0.30/mi and I have worse gas mileage. You need to include final sale price for when you get rid of your car.

    Your fares per hr after cut are on the low end of mine, but I only drive weekend nights.

    I forget the City tax, but it is minuscule.
     
    Casuale Haberdasher likes this.
  6. DexNex

    DexNex

    Location:
    Seattle, WA
    Seattle Uber X driver here. You are doing it wrong.

    This is from that same week:

    [​IMG]

    My fares per hours are about 200% higher than yours for the same week. I am making the same amount of money in half the time and about only about 250 miles.

    When (days/times) and where are you driving?
     
    Last edited: Sep 8, 2015
  7. BlackDog

    BlackDog

    Location:
    Seattle
    Driving:
    UberX
    According to Uber I made about $ 35 per hour. How are you able to get $ 53 an hour when top drivers are only making $ 30 per hour. Are you just getting really lucky and hitting surge pricing only and long mileage trips?

    Please share your secret !

    Thanks !
     
  8. BlackDog

    BlackDog

    Location:
    Seattle
    Driving:
    UberX
    I based my per mile calculation on an average of 200,000 miles driven. I also used helpful breakdown cost from other post on this forum and AAA car cost.

    Here is a double check with the tool on this forum:

    Uber Earnings Calculator
    Beta Version of calculator for determining hourly wages after costs.

    Vehicle Cost $285.90
    Gas Cost $123.89
    Safety Fees $0.00
    Total After Costs $532.01
    Earnings $12.26/hour
     
  9. Sacto Burbs

    Sacto Burbs

    Location:
    SF Peninsula
    Driving:
    UberX
    Wow , you found the Uber earnings calculator and used it...
     
    circle1 and chi1cabby like this.
  10. DexNex

    DexNex

    Location:
    Seattle, WA
    Look at my first reply again, and answer the question.
     
  11. BlackDog

    BlackDog

    Location:
    Seattle
    Driving:
    UberX
    Okay... I work Monday Mornings starting at 4:00 till around 3:00. Then Wednesday, Thursday, Friday and Saturday from 2:00 until midnight with breaks. Not a big fan of closing time at bars. Then Sunday from 10:00 until 4:00 or so... Obviously my schedule does vary some since this is the perk of the job. I am still really curious how you are making $53 per hour vs. the other top drivers around $ 30 an hour. You must have a good method. Thanks !
     
    Casuale Haberdasher likes this.
  12. DexNex

    DexNex

    Location:
    Seattle, WA
    And based on those days/times, when are you seeing any surges, and to what level (i.e. 1.5x) are you seeing consistent surges? (I already have the data, just wondering what YOU are seeing).
     
    Casuale Haberdasher likes this.
  13. DexNex

    DexNex

    Location:
    Seattle, WA
    Also, is Uber you sole source of income?
     
  14. DexNex

    DexNex

    Location:
    Seattle, WA
    what general area do you start from in the morning?
    (I am leading you down a path...)
     
  15. BlackDog

    BlackDog

    Location:
    Seattle
    Driving:
    UberX
    I see it jumping all over the place. Sometimes it clearly says 2.4x and when I get a ride from that zone it dissapears within a half second or something. Makes me want to cancel on that rider and hope to get another with that surge. When rates get over 3x... I tend to not get any rides because riders are just waiting for it to drop to something reasonable. Seems like a game of luck to get surge pricing at times.

    I see surging varying from 1.5x to up to 5x at times. I hardly ever get the surge prices over the last month since more and more uber drivers are on the road it seems. About once or twice a week I hit pay dirt with like a 2.5x and a long trip of 20 plus miles. Those rides really bump up my $/hours. Sometimes I get stuck in a rut where I only get a bunch of $ 4.00 rides. No money to be made there. I even turn on the passenger app and try to position myself on the outer circle of cars facing clusters of apartments and houses. Sometimes I troll for rides. What is your secret? I would really appreciate any tips you have to bring up my average. I really do enjoy this job.

    No - Uber is not my only income. However, even if I only worked 10 hours per week. Wouldn't it be some what proportionate?
     
    Casuale Haberdasher likes this.
  16. DexNex

    DexNex

    Location:
    Seattle, WA
    Where do you start driving from in the morning? Or, where, in general terms, do you live?
     
  17. BlackDog

    BlackDog

    Location:
    Seattle
    Driving:
    UberX
    North of the UW
     
  18. DexNex

    DexNex

    Location:
    Seattle, WA
    Great, I live in North Seattle too.

    Now, when you drive, do you have a plan/goal? Are you trying to make a certain amount of money, or drive a certain number of hours? Are you driving a "shift" on a regular schedule?
     
  19. BlackDog

    BlackDog

    Location:
    Seattle
    Driving:
    UberX
    No exact set schedule. See previous reply with rough hours and days. I drive between 30 - 40 hours per week. I try to hit hot spots in the city depending on Seattle activities, sporting events, nightlife, cruise ships, ferry passengers, capitol hill, freemont, ballard, belltown, queen anne, space needle... I relate it a lot like fishing. You have some active fishing holes that produce and dead water zones. Sometimes I catch a really big fish. Sometimes you catch a tiny minnow and just want it off your hook. Sometimes i try to be patient and what for a bing in a typically busy neighborhood other times I troll thru a busy section of town hoping to be the closest driver. It seems like much of it has to do with some hustle... but a lot of lot of it seems to be luck. My goal is about $ 100 dollars per day. Some days I can hit that in a few hours. Others it takes 8 hours. Any advice is appreciated. Thanks !
     
  20. DexNex

    DexNex

    Location:
    Seattle, WA
    So if asked a you to give me a time and location combination for each of those days, given the times that you are already working, that would probably net you the most profitable fare, what would you answer be? And please provide a short explanation for each as to why you would choose that combination.

    i.e. Monday 1PM Space Needle to get Tourists to Airport, Tuesday 10Pm Safeco for End of Mariners game for possible surge run. (these are not all good answers by the way).

    (This is an exercise to see how you are approaching the system, don't worry about giving away any secret locations... you'll see why when I explain later).
     
    Last edited: Sep 10, 2015
    Casuale Haberdasher likes this.

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