TLC Vehicle Application Requirement - Fees and Incorporation

Inshur

Jorlev

Member
Signed up with Uber at Manhattan location. I'm currently going through the TLC Driver application process but started looking at what the requirements are for TLC Vehicle Licensing. Unless I'm mistaken, ti looks like there's an application fee of $550, a Commercial Motor Vehicle Tax (CMVT) of $800 - covers 2 years -- an in addition - a requirement to become a Business Entity - either Partnership, Corporation or LLC.

If anyone has recently gone through the process of getting their NYC TLC Vehicle Licensed can you confirm the process? I say recently since some of these requirement may be new, so some may say it's not required only because it wasn't required when they applied.

P.S. Interesting how when signing up, Uber only talks about how much money you can make but doesn't seem to mention much about all the hidden expenses.
 

Lenny_yellow_cab

Well-Known Member
Signed up with Uber at Manhattan location. I'm currently going through the TLC Driver application process but started looking at what the requirements are for TLC Vehicle Licensing. Unless I'm mistaken, ti looks like there's an application fee of $550, a Commercial Motor Vehicle Tax (CMVT) of $800 - covers 2 years -- an in addition - a requirement to become a Business Entity - either Partnership, Corporation or LLC.

If anyone has recently gone through the process of getting their NYC TLC Vehicle Licensed can you confirm the process? I say recently since some of these requirement may be new, so some may say it's not required only because it wasn't required when they applied.

P.S. Interesting how when signing up, Uber only talks about how much money you can make but doesn't seem to mention much about all the hidden expenses.
With Uber u will make between $13 - $23 a hour after their fees and Before car payment, gas, maintanence, wear n tear etc.

And thats working non-stop.
 

Jorlev

Member
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  • #3
With Uber u will make between $13 - $23 a hour after their fees and Before car payment, gas, maintanence, wear n tear etc.

And thats working non-stop.
Since your handle is Lenny Yellow Cab I assume you're a Yellow Cab driver in NYC who is interested in discouraging anyone from becoming a Uber driver since it cuts into your revenue. In any event, your input doesn't answer my question.
 

Rustyshackelford

Well-Known Member
Since your handle is Lenny Yellow Cab I assume you're a Yellow Cab driver in NYC who is interested in discouraging anyone from becoming a Uber driver since it cuts into your revenue. In any event, your input doesn't answer my question.
Another moron joining the uber squad. You'll make millions. Don't listen to these people warning you. Hell just the money you'll save on paying for a place to live will be a lot. Sleeping in your car to make money why waste money on an apartment. Stay online at all times to qualify for incentives. You can sleep when you die. Sleep is overrated anyway. At least according to uber and the drivers guild.
 

Lenny_yellow_cab

Well-Known Member
Since your handle is Lenny Yellow Cab I assume you're a Yellow Cab driver in NYC who is interested in discouraging anyone from becoming a Uber driver since it cuts into your revenue. In any event, your input doesn't answer my question.
Once you make a handle with this forum u cannot change it without making a new account.

I drove a yellow cab for 10 years and even though Uber and companies alike have hurt the profits of many Yellow cab drivers it wasn't the primary reason for me switching to FHV.

If I were to drive a yellow cab again I can clearly still make more than any "app" driver.

It wasn't a direct answer to your question but instead a statement to add on to your last point of Uber not telling you about hidden expenses. I just wanted to show u that they also lie about how much money their partners really make.
 

Jorlev

Member
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  • #8
If anyone happens to read this thread who is interested in the thread topic and has any helpful information TLC Vehicle Licensing fees and the need to incorporate, I'd be grateful to hear from you.

P.S. How people can derive pleasure from spreading their negativity across the internet, and here in particular, is beyond me.
No doubt they would claim they're being "helpful." I assume this is a forum for Uber drivers to answer each others questions and help each other. Hard to believe that within seconds of signing-up that 2 people already have decided to pounce and try to destroy any interest or enthusiasm one might have in becoming a Uber driver. What a world we live in. No doubt some have had bad experiences with Uber while other have had positive ones. As with all things -- Your Mileage May Vary!
 

alextheboss

Active Member
For vehicle licensing you will have to purchase fh1 insurance first. $3,500-3,700 a year with a down payment of about 20% up front(this total will vary depending on when you buy it since all of these policies only run till February at which point you purchase policy for the following 12 months so it will be a pro rated amount. Application fee is $550 plus $75 if your car has more than 500 miles for inspection. I believe you can file your application as a sole proprietorship-- but not sure if anyone on here will clarify that.
 

alextheboss

Active Member
What I would recommend before spending the money on putting tlc plates on your car is to opt for a rental and see for your self how much money you will be able to make. This varies wildly on the hours/days your willing/able to work.

Good luck
 

Jorlev

Member
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  • #11
What I would recommend before spending the money on putting tlc plates on your car is to opt for a rental and see for your self how much money you will be able to make. This varies wildly on the hours/days your willing/able to work.

Good luck
Thanks very much. I was aware of the App fee and Inspection. Do Uber drivers also have to pay the Commercial Motor Vehicle Tax (CMVT)? I believe certain classes of drivers pay it to TLC and others to the DMV and it's $800 for 2 years. I think the $550 App fee is the same 2 years later when it's the renewal fee. The other question is about that Incorporation requirement. Not sure if that is necessary. I didn't do the online app since I don't even have a car yet but I see there is a choice for Individual, as well as Corp, Partnership and LLC so maybe you can just do it that way. They form checklist is confusing and doesn't really have an explanation page. Also maybe you only have to pay the CMVT tax is your a corp, partnership or LLC. Did anyone have to pay this tax?

Yes, you are right and I definitely intend to rent for a few months before buying or leasing a car or anything requiring the plates but I like to know as much as I can before jumping in.

Also, if anyone would like to share where or with whom they are getting their insurance I would love to know. I'm sure there are a few places that might be better with lower rates. I imagine the DDC class with afford us the 10% discount -- or so I was told. If you have a good insurer you like in the NYC area, do let me know. Thanks.
 

buzzcut84

Member
With Uber u will make between $13 - $23 a hour after their fees and Before car payment, gas, maintanence, wear n tear etc. and thats working non-stop.
Yes and that's why I keep their app turned off there are better options out their that treat us with respect like Juno. Uber looks down at thier drivers and treats us like unwashed serfs
 

buzzcut84

Member
Once you make a handle with this forum u cannot change it without making a new account.

I drove a yellow cab for 10 years and even though Uber and companies alike have hurt the profits of many Yellow cab drivers it wasn't the primary reason for me switching to FHV.

If I were to drive a yellow cab again I can clearly still make more than any "app" driver.

It wasn't a direct answer to your question but instead a statement to add on to your last point of Uber not telling you about hidden expenses. I just wanted to show u that they also lie about how much money their partners really make.
Uber is absolutely leading the race to the bottom of this industry this poor guy will surely find this out for himself soon enofe. But Lenny_yellow_cab why would you drive black if you were making out better driving yellow? Please eloborate
 

alextheboss

Active Member
Also, if anyone would like to share where or with whom they are getting their insurance I would love to know. I'm sure there are a few places that might be better with lower rates. I imagine the DDC class with afford us the 10% discount -- or so I was told. If you have a good insurer you like in the NYC area, do let me know. Thanks.
I believe all NYC tlc vehicles are insured by the same underwriter, American transit, the only thing that changes is the broker. Prices on insurance don't really change because of this--again I may be wrong about this but it's my understanding given the research/experience I have so far.
 

Lenny_yellow_cab

Well-Known Member
Uber is absolutely leading the race to the bottom of this industry this poor guy will surely find this out for himself soon enofe. But Lenny_yellow_cab why would you drive black if you were making out better driving yellow? Please eloborate
I said that I can make more in Yellow than working for the "apps".

My main work comes from a base and not one of the "apps".

I make more now with a FhV than in yellow but it's bot because of the apps but because of the base i work for who feeds me jobs that way more lucrative than the apps.
 

Jorlev

Member
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  • #16
I believe all NYC tlc vehicles are insured by the same underwriter, American transit, the only thing that changes is the broker. Prices on insurance don't really change because of this--again I may be wrong about this but it's my understanding given the research/experience I have so far.
Wow, that sounds like a total monopoly! We could probably get better rates with some competition. I guess the price only fluctuates based on the cut the broker is taking. Know of any good brokers to go with. I bet they're better than what they offer at the booth in the Manhattan Uber office. Or maybe if you can deal directly with American Transit and cut out the middle man.

A bit off topic but if someone could remind me: Is UberX considered by the NYC TLC to be Black Car (I know it's not Uber Black) or Livery?
 
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Lenny_yellow_cab

Well-Known Member
Wow, that sounds like a total monopoly! We could probably get better rates with some competition. I guess the price only fluctuates based on the cut the broker is taking. Know of any good brokers to go with. I bet they're better than what they offer at the booth in the Manhattan Uber office. Or maybe if you can deal directly with American Transit and cut out the middle man.

A bit off topic but if someone could remind me: Is UberX considered by the NYC TLC to be Black Car (I know it's not Uber Black) or Livery?
Uber, Lyft, Juno and Gett are all considered black car.

Livery cars are the cars u see with the Orange "trouble light" in the back and in the front behind the grill.
 
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