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0 pointspwinnski8y ago0 comments

That people think vehicle wear costs are negligible is how Uber manages to convince people to drive for such low wages. People are bad at math.

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3 comments · 1 top-level

ashelmire8y ago· 2 in thread

If someone is making $20/hr net income driving at night (pretty average for big cities according to this: https://drive.google.com/file/d/0B1s08BdVqCgrZWZkV0ZfZnhGUGc...), do you really think the wear costs are more than a few bucks per hour?

wgerard8y ago

Usage costs for cars are usually tagged at around $0.50-$0.60 per mile [1]. Looking around, seems like the average 8 hour uber driver is putting on about 100-200 miles per shift [2].

So assuming 150 miles per 8 hours, the average uber driver is paying about $11/hr in fuel and depreciation costs.

So the net income after that would probably be more like $9/hr.

1: http://newsroom.aaa.com/tag/driving-cost-per-mile/

2: https://www.quora.com/How-many-miles-does-a-full-time-driver...

ashelmire8y ago

The analysis I linked above calculated the net earnings after all expenses as being ~$13/hr on average (and included all registration and insurance costs as well as the AAA figure in expenses). That would mean higher hourly earnings for part-time drivers in big cities (who often only work Friday/Saturday nights).

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