How To Make Money Renting Out Your Car in 2019

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Have you ever asked yourself, “How do I rent out my car in order to earn extra income?” Car Flo has the answer. Car Flo is a successful carsharing marketplace that will help you rent your car online to local rideshare drivers. This is also known as car sharing. They connect owners like you with people who don’t own or don’t want to use their own vehicle when becoming a Lyft or Uber driver.

 

Advantages of Renting Out Your Car

Let’s say you have an extra car that you don’t drive very much. Right now, it’s sitting in your garage, in your driveway, or parked out on the street. Instead of letting it accumulate dust, why not put it to use so you accumulate some cash and make a potential rideshare driver’s life a whole lot easier? Here are two reasons why renting out a personally owned vehicle is a win-win for owners and potential drivers:

  1. Earning cool cash while sitting back and letting your car do the work.
  • You can make over $1,000 a month by renting out your personal vehicle to a rideshare driver. Sweet, huh? In fact, average car owners who list their vehicle for rent through Car Flo can earn up to $12,000 a year.
  • The number of Uber and Lyft drivers is growing every day. Especially as more and more independent contractors join the on-demand economy. Many of these independent contractors want to become a rideshare driver. The more rideshare drivers there are, the more demand there is for quality cars like yours

2. Car owners enjoy low risk when renting their cars to drivers.

  • Insurance:  Let’s play “Jeopardy!” The answer is: What does Car Flo provide to car owners like you at no extra cost? The question is: What is rideshare insurance? Yup, Car Flo offers you comprehensive, industry-leading rideshare insurance when you list your car with us for rental. We’re talking insurance that meets and often surpasses state insurance requirements. And your vehicle is also protected by Uber insurance coverage and Lyft insurance coverage while the renter of your car is driving for either Uber or Lyft.
  • Extensive background checks: All of Car Flo Car’s renters go through an extensive screening process and a background check before they can rent a vehicle. This assures you that only conscientious drivers will get behind the wheel of your personal car.
  • Incentives to drive safely: When someone rents your car from Car Flo, they’re renting it to use as a rideshare driver. So it’s in their best interest to keep your car clean, neat, and in the best condition possible. Reckless driving can lead to an accident, which will keep your car and its driver off the road. And rideshare drivers can’t earn money if they don’t have a car to drive.
  • Longer rental periods: Renters can easily extend the length of their rental period through their Car Flo driver dashboard. This means they keep your car longer, which in turn, continues to “drive up” your profits!

How to Rent Your Car Out

(Hint: It’s easy as heck, but first you need to list your car first.)

Renting your car out with Car Flo is as easy as ABC. See for yourself.

  • Visit carflo.co and enter your information.
  • Describe your vehicle’s condition and fill in pertinent information such as year, make, VIN number, and model. Really describe why your car would make a great vehicle for car sharing.
  • Take several sharp, clear interior and exterior pictures of your vehicle, then upload them along with your vehicle registration and Uber/Lyft 19 point inspection documents.

Car listing tips:

  • While they aren’t mandatory, the inspections for Uber/Lyft and a basic 19-point inspection look extremely good to drivers, as they won’t have to get them done themselves individually. Owners who get these inspections done get their vehicles rented 87% more often than those that don’t!
  • We recommend getting your Uber/Lyft and basic 19 point inspections done before you list your car. That way, drivers can rent your car immediately instead of waiting for the inspections to be done.
    • Click HERE to download the Uber vehicle inspection form
    • Click HERE to download the Lyft vehicle inspection form
  • Decide on a pickup location and a Weekly rental price. We recommend looking at other listings in your area for your kind of car, just to see what the going rates are. Rental prices average about $300-600 per week

 

Finding drivers

  • Car Flo market place: Our simple to use marketplace is where most of our drivers find vehicles like yours to rent. Log on and view the drivers in your area that need cars, or the specific type of car that you’re listing.
  • Driver invitation system:  Car Flo makes it possible for you to invite potential renters to see your car by using our driver invitation system tool. Log in, then use the tool to search for drivers and invite them to apply for your vehicle.
  • Reaching out: If you don’t feel like sending out rental invitations, there’s an additional option for owners to search for drivers and reach out to them personally. Owners can pay a small fee to see a driver’s personal contact information. Then, an owner like you can reach out to a potential driver that you feel may be interested in a vehicle like yours. It’s a very personal way of doing business.

 

Finalizing the transaction

Once a driver has applied to rent your car, the approval, and soon, the money making process begins. Here’s what to do after you approve a driver’s request:

  • Upload your vehicle registration ASAP: Having this uploaded previously or as soon as you’ve given approval to a renter will really speed up the rental process.
  • Fill out a damages list: Be as absolutely thorough as possible so there are no surprises when the driver brings your car back. List the location and details of every little ding and scrape, if there are any.
  • After submitting the damages list: The car’s insurance will be uploaded to the Car Flo site within 24 hours before the rental period. Both you and the driver will receive an email verifying that the rideshare insurance has been uploaded and is available for viewing.

 

The Pickup

  • Set up the time/place: Once a booking is confirmed, contact the driver to set up a mutually convenient pickup time and location. Some owners actually deliver their car to the renter, but that’s totally optional.
  • Safety first: If you don’t feel comfortable having a renter come to your house to pick up the car, arrange a meeting at a public place, like a busy supermarket parking lot.
  • Inspection: When the driver gets there, both of you can inspect the vehicle for damages, to make sure the imperfections you listed online match what’s actually on the car.
  • Confirmation: Both you and the driver will confirm the pickup on the Car Flo app. It’s important that you emphasize to the driver that they have to do this ASAP. Try to get this done before you hand over the keys.
  • Insurance will begin: Insurance begins once the pickup is confirmed by both parties.

 

The Dropoff/Returning the Car

  • The driver is notified: The renter of your car will be automatically notified 24 hours before your vehicle is due to be returned to you. If the driver wants to extend the rental, and you’re OK with it, he/she can do that through the Car Flo dashboard. That’s more money in your pocket!
  • Time of drop off: Agree on a mutually convenient drop off time and place. Again, use your discretion as you where you want to meet.
  • Confirm drop off: Just like with the pickup, both driver and the owner will confirm the drop off on the Car Flo site.

 

Conclusion

Making money renting your car out in 2019 is easy with Car Flo. Just give them a call to fast track the entire process: 516-650-8604

The driver demand for Uber/Lyft is incredible. If you own a good quality vehicle that you don’t use, why not rent it out and make some extra cash? Pay off some bills, go out for some nice meals, take the vacation you’ve been putting off, it’s totally up to you! You’ll also help a rideshare driver who needs a vehicle to start working and earning money as well. Car Flo will answer any questions you might have and help you start the process of becoming a car sharer.

Can You Make Money Driving for Lyft and is it Worth it?

If you are looking for ways to earn more cash and you like driving your car, you might want to consider working for a rideshare company such as Lyft.

Lyft was founded in 2012 and produced over $700 million in revenue in 2016. Obviously, the idea is taking off.

Lyft drivers (and Uber drivers – there’s another rideshare giant called Uber) make money by taking people who don’t want to – or can’t – drive themselves to the places they need to be.

Why Lyft is Appealing to Riders

So, what’s the appeal of using Lyft as opposed to a local taxi service? Well, according to recent studies, Lyft is significantly cheaper than typical taxi rates. Also, many riders find Lyft services more personalized than a local taxi service.

From a driver’s standpoint, qualifying to be a Lyft driver is pretty simple and can often be accomplished in less than 48 hours, whereas qualifying to be a taxi driver generally involves a much more rigorous process.

That doesn’t necessarily mean that riding with Lyft is riskier – the company has their own thorough safety standards in place that protect both drivers and riders, such as DMV and background checks, a driver and passenger rating system and strict vehicle standards.

They also have a zero-tolerance policy for drivers when it comes to alcohol and drug use.

Why Driving for Lyft Can Be a Great Side Hustle

As a driver for Lyft, there can be serious money to be made. On this Well Kept Wallet Podcast, rideshare expert Harry Campbell shares how he has made enough money in the ridesharing industry that he was able to quit his full time job as an Aerospace Engineer.

However, driving for rideshare organizations such as Lyft doesn’t result in the same massive earnings for everyone that it does for Harry Campbell. But rideshare experts will tell you that there are things you can do to increase your earnings as a Lyft or other rideshare driver.

If you are thinking about driving for Lyft – or currently driving for Lyft – here are some tips on how you can maximize your Lyft income earnings.

Make Money with Lyft by Running a Smart Business

Successful businesses aren’t just successful because they offer a good product or service. They have to have something more: smart business owners. Here are some tips that will help you run a “smart” business as a rideshare driver.

Drive During the Busiest Times

One of the benefits of being a rideshare driver is that you get to choose the days and hours you are available for work. This means that you can work your Lyft side hustle around your primary job and around the rest of your life’s obligations.

However, the people that make the most money driving for Lyft know that driving during the busiest hours means you’ll have the potential to make the most money.

What are Lyft’s most potentially busy hours? Nights and weekends. Nights and weekends generally mean big money for Lyft drivers because that’s when people are going out and having their “fun” time.

Many rideshare passengers love the idea of being able to hit parties, entertainment venues such as concerts or the theatre, or being able to meet with friends for drinks without having the responsibility of driving home.

Using rideshare services such as Lyft allows passengers to be able to get to social commitments without having to worry about driving, parking, etc., and if you’re willing to work those busy social hours you’ll increase your chances of earning more money.

Drive a Fuel-Efficient Vehicle

Obviously, the less money you spend on gas as a Lyft driver, the more money that stays in your pocket. Driving a fuel-efficient vehicle will help you be able to transport passengers for less.

It also helps to maximize fuel efficiency while you drive. Some people call this hypermiling, but you don’t have to go to that extreme. Following these simple rules will help you maximize the fuel efficiency for your vehicle.

  • Keep your tires properly inflated
  • Drive moderately – don’t excel quickly or brake quickly
  • Keep your vehicle well maintained and perform regular tune-ups and oil changes
  • Don’t have extra, unnecessary weight in your car or trunk
  • Minimize air conditioning use when possible by parking in the shade or using a sun protector to keep your vehicle cooler inside
  • Know the quickest routes to destinations

Maximizing fuel efficiency will help you spend less money on gas – and it will help your car last longer as well.

Know Where the Lowest Gas Prices in Your Area Are

In my area, there is a certain Sam’s Club that has gas prices that are often a good twenty cents lower than I’ll find for gas prices anywhere else. That mean we’ll always fill up the tank when we’re at this particular Sam’s Club location.

By knowing where the cheapest gas prices are in your area, you can make sure you aren’t spending more than you need to for fuel.

It’s important to know too that it doesn’t always make sense to drive out of the way to pay less for gas (unless the money you save will make up for the gas spent to get there), but if you know where the lowest prices are you can make sure to fill up there when you’re in the neighborhood.

Know too that gas prices often jump up right before the holidays, so make sure you are filling up either well before the holidays or waiting until a few days after the holidays if possible in order to spend less on gas.

Use a Mileage Tracking App

If you put a mileage tracking app on your phone, you can make sure you keep track of all of the miles you drive for Lyft so that you can maximize your annual mileage deduction on your tax return. What are some of the more popular mileage tracking apps?

Stride Drive

Stride Drive is a free mobile app that can help you track mileage and other business expenses as well. It has pre-loaded categories so that you can easily input each expense. Stride Drive is available for Android as well as iOS.

Quickbooks Self-Employed

The Quickbooks Self-Employed app is a more comprehensive app that tracks all business expenses – and your mileage too. The detailed analysis this app provides can help make tax filing easier as well. Cost: $5 per month, but the first 30 days are free.

Mile IQ

The Mile IQ app is for tracking miles only, and it has a cool, easy-to-use feature that allows you to categorize each trip as either a personal trip or a professional trip.

This app is free if you do less than 40 trips per month, and it costs between $4.99 a month and $5.99 a month for the upgraded plans, which you might need if you’re committed to making serious money with Lyft.

Trip Log

Trip Log has both free mileage tracking plans and upgraded plans that come with a monthly fee. The free plan should work for people who just want basic mileage tracking, but even if you need to upgrade, the upgraded plans are pretty affordable, starting at just fifteen dollars per year.

Installing a mileage tracking app like the ones mentioned above will help you keep better track of the miles you drive as a Lyft driver, and keeping better track of your mileage will help you maximize your profit.

Bonus tip: get a dash mount for your phone to make tracking miles with your app easier.

Take the Unwanted Rides

There are certain types of rides that attract fewer rideshare drivers:

  • Early morning runs
  • Late evening partiers

The early morning runs can consist of anything from a person wanting a ride to an airport to catch an early morning flight to a person needing an early ride home after a late night out.

Since many rideshare drivers want to get their sleep, you may find more opportunities to make cash if you are willing to be available for these early morning runs.

The same goes with the late-night runs. People are often seeking rides home after 10 p.m. after their social gatherings have ended. While many drivers are in bed sleeping to prepare for the next day’s work, you can be making money by picking up these late-night riders.

Know Where the Riders are in Your Area

Depending on where you live, you’ll have a heavier concentration of riders in certain areas. For instance, if you live in a college town you may find a lot of riders on or near the college campus, since college-attending adults tend to use rideshare programs more often.

Likewise, if you live in an area where the party scene is hopping, say in New York City, L.A. or Chicago, you might find a heavy concentration of riders at areas where there are lots of clubs.

Lyft assigns clients to the driver who can get to the rider’s destination the soonest.

By knowing where the riders are in your area, you can help maximize availability by staying close by popular destinations where riders may need a quick ride home, and earn more money by being able to quickly get to clients in need of a ride.

Refer Potential Passengers and Drivers to Lyft

When you become a driver with Lyft, you’ll be assigned a personalized code to your name. If you use that code to refer both potential drivers and potential riders to Lyft, Lyft will pay you a referral fee.

Lyft pays $10 for riders that you refer (as soon as they take their first ride) and up to $750 for each Lyft driver you refer. You can refer people to Lyft by handing out a specialized card that has your name and code on it.

Where can you hand out the cards in order to maximize referral income? Start by sharing your card and code with friends and family members you think might benefit from a Lyft riding experience.

You can also hand your card out to those who may want or need some extra income and might like to earn it by driving for Lyft in their spare time.

Another referral tip is to attend local social events such as fairs or concerts and hand out your cards there. Social venues like bars or restaurants are another option for handing out your Lyft referral cards.

Just share your card and the benefits of riding with or driving for Lyft with anyone you think might appreciate having access to fast and easy transportation, and as you share the benefits of Lyft with more people, you will increase your chances of earning more money with Lyft.

Keep Good Records

As a driver with Lyft, you’ll be considered an independent contractor. In other words, if you drive for Lyft you’ll be viewed as a business owner. This means that you will be responsible for reporting all of your income and expenses on your tax return at tax time.

The more detailed and organized you are about keeping track of your income and expenses, the more efficiently you can fill out your tax return in a way that produces the maximum profit for yourself.

Using a mileage app like the ones mentioned above is a good way to begin keeping thorough records, however keeping a ledger or spreadsheet of other expenses will help you have a more organized account of your business when tax time comes.

You can use a simple spreadsheet or ledger, or you can use a more comprehensive app such as the Quickbooks Self-Employed app mentioned above. The easier you make it to record your income and expenses, the more complete your records will be.

Don’t forget to include expenses such as:

  • Extras like bottled water or candy that you provide to riders
  • Money spent on vacuuming or washing your vehicle
  • Money for maintenance items such as oil changes, tune-ups or tires
  • Money spent on any cards or business related signs that you pay for
  • Anything you spend that directly enhances, improves or benefits your riders can likely be deducted as a business expense on your tax return, which will maximize your profit in the long run.

    Make Money with Lyft by Maximizing the Customer Experience

    Another way to potentially maximize your income with Lyft is by making sure that the customers you give rides to have a pleasant and comfortable riding experience.

    Although riders can’t request a specific driver with Lyft at this time, riders do have the ability to rate drivers, and they are also encouraged to tip their driver.

    By making sure your rider gets the most enjoyable Lyft experience, you increase your own chances of getting 5 star reviews and earning good tips. Here are some ideas that can help you increase customer satisfaction for your riders.

    Keep Your Car Super Clean

    It’s important as a successful Lyft driver to be sure your car is immaculately clean at all times. Consider these helpful hints for keeping your car clean.

    • Wash and vacuum out your car on a regular basis so that every client gets a fresh and clean ride. A hand held portable vacuum might be something you want to keep in your trunk in order to be sure you can vacuum out your car between clients if needed.
    • Try to avoid eating in your vehicle if possible so that clients aren’t greeted with the scent of your last meal. Many people are sensitive to certain smells and might not appreciate having to ride with the lingering scent of a gyro or super deluxe double cheeseburger. Bonus: not eating in your car will help cut down on your cleaning time.
    • Be careful about using scented air fresheners. Because certain people can be bothered by strong scents, it’s important to be cautious about having perfumed smells such as air fresheners in your car. If you do choose to have an air freshener, be sure it’s a very mild scent that won’t overpower your riders.
    • Make sure your trunk is clean. Since you may be transporting riders to airports or other locations where they need to bring luggage or other items (such as a trip home from the grocery store), it’s important to be sure your trunk is clean and in a condition that ensures riders will feel comfortable storing their things there.
    • Have your windows open in between rides if the outside air is comfortable. The more fresh air your car gets, the better it will smell and feel for riders.

    By ensuring your vehicle looks and smells clean and pleasant, you can improve your rider’s chance of using Lyft again.

    Offer Rider Extras

    Many successful Lyft drivers earn great ratings and tips by providing rider “extras”. Some extras aren’t worth what they will cost you as a driver, but other extras are well worth the money and will enhance driver experience (and potentially your rating and tip). Some ideas for extras include:

    • Car phone chargers for both Android and Apple phones
    • Bottled water (get the smaller bottles to save money)
    • Cheap snacks such as gum or hard candies
    • Small garbage bags (a necessity if you are transporting bar patrons)
    • Tissues

    It’s the little things that often make a rider sit up and take notice of their Lyft experience. The thoughtfulness that is shown by having these types of little extras available will be noticed by many of your riders, and will help ensure you get a good rating as a Lyft driver.

    That being said, it is equally important not to go overboard when considering what extras you provide. For instance, while a few hard candies or a bottle of water is fine, you probably don’t want to serve your client homemade cookies or go overboard on extras.

    Doing too much to enhance a rider’s experience might make them uncomfortable and be viewed as an obvious attempt to influence them.

    Providing extras in a successful way means that the provisions don’t take a lot of time on your part, nor do they cost a lot of money. Successful business owners know how to keep costs low while providing a great customer experience.

    Have a Good Attitude

    Riders enjoy their Lyft experience more when their driver has a pleasant and enjoyable attitude. Remember however that what’s considered “pleasant and enjoyable” for one rider might be annoying to another.

    This is why it’s extremely important to take cues from the client as you bring them to their desired location. Start with a smile and an introduction after you pick them up. Tell the rider sincerely that you’re glad to meet them.

    Offer them a bottle of water and let them know about any extras you have in the car such as candy or a phone charger.

    Make small talk without asking any unprompted personal questions such as “Why are you going to the airport?” Don’t talk about yourself unless the rider specifically asks you a question about yourself. After answering, turn the conversation’s focus back on the rider.

    Avoid grumbling and complaining and try to keep the conversation positive and upbeat. Likewise, if you are sensing that a rider doesn’t want to talk, respect that and keep quiet. Riders will appreciate your respect and your focus on them as they ride.

    Ask and Advertise for Ratings

    Some Lyft drivers have signs that hang over the back of the front seat that politely ask riders to rate them a “5” if they’ve had a pleasant riding experience. They might also add a small line on the sign that reads something like “Tips not required but greatly appreciated.”

    Be sure to let riders know that you will be giving them a good rating too. Say something like “Thanks for being a great passenger; I’ll be sure to give you a “5” rating with Lyft.”

    Be sincere when doing this and be careful about implying that you’ll give them a “5” if they give you a “5”. Instead, do it for the sake of benefiting your rider and hope they do the same in return.

    Driving for Lyft has the potential to be a great side hustle for those willing to put in the time and effort.

    While there are no guarantees that your Lyft business will be successful, you can maximize the income you make with Lyft by following the tips above and doing your best to promote yourself as a professional and pleasant Lyft driver

Make More Money Ridesharing

Earn More Money Driving

 

Yes.

If you plan to work for Uber or Lyft part time or full time, you surely have asked yourself if you can make more money in that time. The answer is yes.
It is hard to figure out on your own how to increase your ridesharing income, especially at first, after you sign up with Uber or Lyft. Ridesharing platforms include other aspects in their short training, and you are left to learn on your own how to make more money driving for them. If you are looking for a fast, easy way to earn more as a driver, keep on reading.

How To Make More Money With Uber & Lyft

  • First off, try leasing a car weekly. Leasing reduces the financial stress involved in buying a car. You also don’t have to worry about maintenance. All you do is buy gas and drive. You can get a really affordable weekly rental here.
  • test which ridesharing platform works best for you. My own experience in the Chicago area shows me that I can earn more with Lyft vs. Uber. However, that might be different for you, as ridesharing income varies a lot with location, the hours that you can drive for Lyft or Uber, sign up and existing driver bonuses, etc. earn which areas are busier close to your home.
  • areas such as University campuses, touristic areas (especially the ones that have a lot of hotels, downtown areas, shopping areas, and malls, etc.) usually have more people requesting rides. Taking note of such ridesharing busy areas should improve your bottom line.
  • keep track of your Uber and Lyft promotional bonuses. Getting an extra $25-$100 bonus a couple of times per week (varies) goes a long way and might make it worth sticking around for a few extra rides. Keep in mind that for some of the Lyft bonuses you have to enter your phone number in a form that they send you through SMS.
  • chase the surge – if your schedule allows it, try to get online with Uber or Lyft during peak hours, as they will pay more during these hours. Uber calls it surge pricing, and Lyft calls it peak hours.
  • keep track of events that take place in your area. Lyft and Uber usually notify you about major events in-app or with a SMS, but that doesn’t mean that they know about or notify you about all the events. Planning ahead for such events goes a long way.
  • double check your navigation. Both Uber’s in-app navigation and Waze, which is Lyft’s default navigation are not 100% accurate. They might have you pick up or drop off riders in alleyways, or on the other side of an expressway, fence, wall, etc. This usually means wasted time, a safety hazard and canceled rides. So, you should definitely take the time to ensure that the ride will go smoothly and safely. Update: On October 12 2017, Lyft has announced their own in app navigation solution, built with Google Maps. It is currently rolling out on Android, with iOS expected to follow soon.
  • keep track of how long you usually wait in an airport queue. If the queue is too long and you have to wait a lot for your next trip, it might be better to just leave and drive to the hotel area that is usually close to major airports. This strategy is not guaranteed to work and it will require some testing on your part. On the other hand, if you decide to stick around in the TNP (transportation network providers) lot, you might as well use the time constructively. Some ideas are relaxing, reading a book, cleaning your car or talking to other drivers to see what they do to earn more money (make sure to keep your Uber/Lyft driver referral cards handy if someone asks you for one).
  • refer other drivers. Referral bonuses are an easy way to earn more money both for yourself and for the driver that you are referring.
  • if you are just considering to start working for Uber or Lyft, make sure that you get your own referral bonus.

Let me know which one of these tips worked best for you, or, if you have your own, please share it in the comments section.

How to make more money(over $800/Week) with UberEats without owning a Car

Firstly, You don’t have to own a car!

Buying car can be capital intensive. You can put that money into other investment instead of tying it down with a car. I advice leasing one. Try Carflo they have very competitive rates and I highly recommend them.

Register with them to start driving in no time.

I earned around $75 on my first day with UberEats, and by the end of my first-week driving, I made $256, the week after that I reached $750 and the week after that I had pushed it up to over $800. I did work hard to earn that income, and I didn’t have a system in play yet, but that shows you how much you can earn without driving to full efficiency. Although, having other income sources can allow you to be lazy with Uber. So, it is important to have another source of income other than Uber.

Continuous Driving Option

The first basic tip you need to accept is continuous order acceptance; this is not a game-changing strategy, just a hand on the steering wheel approach, which means no stopping, just deliver after deliver after deliver, once you dropped off an order, accept the next ding and move on. This means, don’t drive off from the delivery so soon, wait a moment, if you get a ding take it, if not, drive towards a restaurant area that will get you immediate orders quickly. That’s the way I made $100 a day for 10 hours of work, which is around $10 per hour.

Boost Driving Option

The second tip that came from the experience was to follow the boosts; this will increase your income for less driving hours. In fact, it increases your income by $1 per mile, which led me to earn $100 per day for a six to eight-hour shift, so I was driving fewer hours for the same amount, around 30% more effective. The follow the boost strategy means; after a drop, off don’t wait in the area, drive to a place with many restaurants, and you will get a quick ding. China town is a perfect place for this. Remember that the orders you get are from people that don’t live in the area, they cannot walk to a restaurant and order the food themselves, so your orders are going to come from distances, usually between six to seven miles away. If you can get into a boost period, you maximize your income.

Since UberEats is a curb to curb delivery rather than a door to door one, you just drive up to the restaurant, get the delivery to your car, or go inside to pick it up. It is usually only a five-minute instance and drive-off. When you reach the drop-off area, you pass the meal over to the customer from your car. You then drive back to the area you just came from and repeat the process. It’s a fast and efficient service, but there are no tips. Don’t forget to turn the app off after you deliver the order, and only turn it one when you get back to the pickup area, that way you don’t get any low-price orders coming in. Using this system, you will do around two deliveries per hour, but your income will average $14 per hour for average or long trips and $21 per hour if you get three short trip combinations, which increases your income by 30% to 90% more than the continuous driving option.

Boosts can change, and they vary between x1.6 to x1.8 on a good night, which can increase your income even further and you can end up making around $40 per hour in a good boost hour for short trips. Most probably you will get long trips, so your income will average around $18 per hour, and that’s the 90% increase you are looking for. During the whole shift, you might make around $100 in five hours and then go home to check out how much money I made from passive internet marketing.

Generating Extra Income

OK, so I am now at home after the shift, I made $100 from Uber, I now check my income online and find that I made a further $100, so my daily income is now $200. The reason I am working seven days a week to earn over $1000 a week is to pay off for the car my Mum bought after an accident. The company finagles her into believing they would pay for it with the insurance and in the end, didn’t, so now I can’t be lazy and got to help my Mum pay for her car. By being motivated, I end up being inventive and learn how to make more money in a shorter time, although this is no getting rich quick scheme. It’s all about the intelligent use of your time to maximize income.

The great thing about splitting the work between online marketing and UberEats is the money earning model, UberEats allows me to cash out daily, and this helps pay for all the daily living stuff, while the internet marketing earnings pay me monthly and that goes to cover loans and big payments.

The beauty of working for Uber and online is the hours; you set them yourself. You don’t have a boss, and you dictate your workload from continuous application of marketing. This makes you hone your skills and can generate income without a 9 to 5 job and bosses that you don’t get on with. Another by-product of a steady job is lazy weekends where you vegetate on the couch watching TV rather the being active because you count on the wage to support you. Now that I have learned how to generate my income, I can decide if I want a boring job and either vegetate or also add more income on the side, or be my boss and enjoy life while I earn.

How to Make $1,100 a Week as a Rideshare Driver

Some people don’t realize that working as an Uber or Lyft driver gives you the opportunity earn more money than you would think. Even those who already drive may be surprised at how much more they can make.

Some Uber drivers waste time and fuel driving back and forth searching for clients, then complain about low income and say that it’s impossible to make $1,000 a week. In this article, we will show you that it is quite doable, and then tell you how to do it.

How Much Do Uber Drivers Earn?

Uber drivers make $19 per hour, on average, according to a TechCrunch study. This value varies greatly from one driver to another, as it depends on what vehicle you use and where you drive.

Average hourly Uber driver revenue from Techcrunch

source: techcrunch.com

As you can see, in Los Angeles the average rate is $16.98, and in San Francisco it’s $23.52. At $20 per hour, you need to work 10 hours per day 5 days a week to make $1,000. But it’s too difficult and tiring to drive for 10 hours a day. The best Uber drivers manage to make a lot of money without applying that much effort.

For example, Nick Arapkiles and Jay Bass earn more than $1,000 a week, and share their driving experiences on Youtube. We’ve listened to their advice and added some useful tips to show you how you can do it too.

How to Start Earning $1,100 a Week with Uber

If you are not yet working for Uber, make sure that you meet the requirements. You must be at least 21 years old with at least one year of driving experience in the USA. If you are under 23, you must have three years of experience.

If you are already an Uber driver, the most important thing is to optimize your working process. In this context, the term optimization means making the most of your physical capacity, and adjusting your working routine to become more effective. Here are some tips for accomplishing this.

  1. You don’t have a car? No problem! Lease a Car

Buying car can be capital intensive. That’s why I advice you lease one. There is a company who give about the best ridesharing lease rates: Carflo

Register with them to start driving in no time.

  1. Plan places for breaks

Of course, you can’t sit in your car for the entire day—you need to take breaks, just like everyone does. ScienceDaily research proves that a good break can make you more effective. Choose 1 to 5 places in different locations where you can have a good break without spending much money.

  1. To stay fit, stretch or undertake physical exercise before and after driving

A sedentary job like driving can significantly affect your ability to work. If you don’t stretch your muscles before and after work, you may feel uncomfortable as soon as the next day. Poor physical condition will negatively influence your mood and lower your motivation to work.

  1. Get up early enough in the morning to drive people to work or school

Early drive from irishtimes.comsource: irishtimes.com

Many drivers sleep late, which means they skip the morning rush hour, one of the biggest opportunities to make serious money. Uber statistics indicate that morning peak time for driving is between 7:00 and 9:00 a.m. If you want to make money, get up early and be ready when your customers need you.

You may as well ride people back home from school and work during afternoon surge. So, don’t miss this time.

  1. Be aware of increased surge fares

Surge fares are Uber prices that increase as demand for drivers grows. Surge times occur when many people are requesting rides all at once and there are not enough cars to go around. This is especially common in bad weather, during rush hours, on national holidays, and when special events are occurring.

Here is a tip on how to increase your surge fare. When you expect a surge, log out of your Uber app. Log back in when surge begins and your rate will be higher than it was before.

  1. Work on weekends, holidays and during big events

These are when surge times are most likely to happen, so driving during these periods significantly increases your chance to make $1,000 a week.

  1. Use the passenger app to see other cars in the area

It’s good to know where your competition is, but as an Uber driver, your app shows only your client’s location, not where other drivers are. To get around this, just download the Uber passenger’s app, which will show you how close competitors’ cars are both to you and to your potential clients. If there are too many cars, drive to a different location to increase the likelihood of finding a passenger.

  1. Head to central areas during downtime

During downtimes, the chances of finding passengers are higher in busy urban areas than in suburbs.

  1. Calculate and track your expenses

If you want to make more money, you need to track your expenses. Calculate how much you spend on gas, coffee breaks, and other expenditures during working hours. Analyze this information and figure out how you can minimize your costs. For example, you may notice that over the course of a week you spend too much on buying coffee in shops: $4 a day doesn’t seem like that much, but at $5 a day, that works out to around $1,000 a year! Homemade coffee is cheaper, and you may even find that it tastes better too.

Conclusions

Based on average hourly earnings of $19 per hour for Uber drivers, it is definitely possible to earn $1,100 a week. At worst, you will need to work 10 hours a day five days a week, but you can optimize your work and as a result, spend less time driving by following these helpful tips:

  • Prepare for the working day in advance to feel comfortable in your car: Take snacks and water, dress comfortably, and don’t forget to do some physical exercise before and after driving.
  • Get up early enough for the morning rush hour to drive people to work or school.
  • Use the passenger app to see other cars in the area. Monitor where your competitors are and go to areas with fewer drivers to increase demand for your service.
  • Head to central areas during quiet times because the chances of finding a passenger in a busy urban area is higher than in outlying areas.
  • Take advantage of increased surge fares to make more money on each ride. If you expect a surge period — as rush hour begins, for example — log out of your Uber app and log in when the surge starts. This will result in a higher surge fare.
  • Work on weekends, holidays and during big events because that is when demand for drivers is highest and surge fares occur most frequently.
  • Calculate and track your expenses. Monitor how much money you spend on gas, coffee, snacks and so on. You may be surprised how quickly small expenditures add up.