Are Uber/Grab drivers making decent income?

[HeadOn]

Originally Posted by hotguy2468

But you need to convert your insurance and the premium is much much more + you need to factor in the vehicle maintenance costs as your mileage will definitely skyrocket and replacement parts necessary due to wear n tear...... in the long run not worth using your own vehicle if driving fulltime... better to use a rental vehicle for Uber and keep your own vehicle as spare in case of accident or maintenance.

True i won't disagree w u. But if ur car fully paid up n left lets say 2yrs or less, the depreciation is pretty limited. Ya the commercial insurance will b higher but can earn back.

[hotguy2468]

Originally Posted by HeadOn

True i won't disagree w u. But if ur car fully paid up n left lets say 2yrs or less, the depreciation is pretty limited. Ya the commercial insurance will b higher but can earn back.

If car left 2 yrs or less the maintenance costs will be high. A rental vehicle for Uber is only $45 p/day and it is for whole day. Definitely more cost effective than using your own vehicle.

[HeadOn]

Originally Posted by hotguy2468

If car left 2 yrs or less the maintenance costs will be high. A rental vehicle for Uber is only $45 p/day and it is for whole day. Definitely more cost effective than using your own vehicle.

All along my car maintenance is Low just fuel consumption can b higher. Not sure uber is 45/mth but I under grab

[leetona]

Originally Posted by HeadOn

I think if u r driving ur own car, should b able to make a bit more

I used to drive own car , installment vs rental ofcause is cheaper but the maintenance is high, road tax, insurance . I'm driving a rental car now. To me it is better to drive a rental car. Not much different actually.
I drive 5pm - 2am. Gross per month 9k. Net income about 4k plus.

[HeadOn]

Originally Posted by leetona

I used to drive own car , installment vs rental ofcause is cheaper but the maintenance is high, road tax, insurance . I'm driving a rental car now. To me it is better to drive a rental car. Not much different actually.
I drive 5pm - 2am. Gross per month 9k. Net income about 4k plus.

Oh u made quite good. Keep it up

[eliabellona]

Originally Posted by leetona

I used to drive own car , installment vs rental ofcause is cheaper but the maintenance is high, road tax, insurance . I'm driving a rental car now. To me it is better to drive a rental car. Not much different actually.
I drive 5pm - 2am. Gross per month 9k. Net income about 4k plus.

Not bad bro. Do you have any rest days?

[leetona]

Originally Posted by eliabellona

Not bad bro. Do you have any rest days?

Yes.. Every Sunday.

[crisp]

Originally Posted by leetona

I used to drive own car , installment vs rental ofcause is cheaper but the maintenance is high, road tax, insurance . I'm driving a rental car now. To me it is better to drive a rental car. Not much different actually.
I drive 5pm - 2am. Gross per month 9k. Net income about 4k plus.

Is that with grab or with uber bro?

[leetona]

Originally Posted by crisp

Is that with grab or with uber bro?

I only drive Grab.

[stonned]

Originally Posted by leetona

I used to drive own car , installment vs rental ofcause is cheaper but the maintenance is high, road tax, insurance . I'm driving a rental car now. To me it is better to drive a rental car. Not much different actually.
I drive 5pm - 2am. Gross per month 9k. Net income about 4k plus.

That's pretty good huh! I'm using my own car from 6pm-12am and hit about $3k a month onlym before deducting petrol. Can't drive longer because it's very tiring :-(

[leetona]

Originally Posted by stonned

That's pretty good huh! I'm using my own car from 6pm-12am and hit about $3k a month onlym before deducting petrol. Can't drive longer because it's very tiring :-(

Driving is tiring but I don't feel tired driving at night.

[HeadOn]

Originally Posted by leetona

Driving is tiring but I don't feel tired driving at night.

Maybe under the sun it can tired out one easier. Night is cooler but more stress on eyes I think

[tabliod]

Originally Posted by HeadOn

Maybe under the sun it can tired out one easier. Night is cooler but more stress on eyes I think

Drive during the day for long hours can doze off easily

[leetona]

Originally Posted by HeadOn

Maybe under the sun it can tired out one easier. Night is cooler but more stress on eyes I think

The faster I drive, I'm more alert. Day time feel sleepy, especially when having jam.
Night time better earning..

[HeadOn]

Originally Posted by tabliod

Drive during the day for long hours can doze off easily

True indeed. But I Guess most still will do daytime