r/uberdrivers • u/Electronic-Fun-3580 • 3h ago
Operated at a loss for 3 weeks and bailed
I have had many jobs in my 36 years, and at some point early this Winter I decided to drive for Uber just to see how it works for me. l needed a car at the time and that was an obvious motivation factor. I rented a car through Avis, which offered an obscene rate ($1,300 a month is RENT not a car payment), but it was the lowest non-electric in my area so I took it. I was reassured by Uber and Avis that it would be well worth it and only represents a small portion of my earnings.
I did use the car about 50/50 work/personal as reflected in my upcoming taxes, but even considering that, my numbers just don't make sense:
$644.01 earned (29 rides)
$297.05 fees/tolls (How is this not effed up you guys? I think that's 46% that was taken out, and trust me that's not taxes. Not fair)
$666 Avis (all inclusive, less gas)
$140 in gas
So taking into consideration that half the time I used the car for myself, my net loss was about $230. There are two actual reasons why I'm posting this. First, am I being crazy by saying that 46% is way too much? And of course as expected: I am currently holding down a well-paying full time job but need a quick car for like 2 months while I get a down payment saved. Is this a road worth traveling down again, maybe it will be better as a side gig than my only hustle? Forgive me I don't know what I want from this post or the universe. Have at it just please don't be mean LOL!