I GROSS $1,000 TO $1400 A WEEK DOING LYFT, AMA.

Ghost Utmost

The Soul of the Internet
Supporter
Joined
May 2, 2012
Messages
20,216
Reputation
8,672
Daps
73,637
Reppin
the Aether
I always wonder how

for less than a cab

the driver and the company make money

Let's say driver gets half of $7. I wouldn't cross the street to make $3.50 let alone drive somewhere and fukc around with drunk people

Then it seems like you if you make $3.50 every 20 min..

That's like $10 per hour

AND YOU STILL GOTTA BACK THE COSTS OUT

I'm positive it works some kind of way cause it's huge, but it never made sense to me
 

MR. SNIFLES

**** YOU THUNDAAAAAAAAAAH
Supporter
Joined
May 2, 2012
Messages
20,711
Reputation
6,580
Daps
83,457
Reppin
THUNDER BUDDIES
What do you net :sas2:

I NET ABOUT 700 FROM LYFT. I OVER PAY FOR TAXES AND THEN WORK ON REDUCING MY LIABILITY FOR THE YEAR. I PUT 30% ASIDE AND TRY TO PUSH MY TAX LIABILITY AS CLOSE TO 15% AS I CAN. I GOT DOWN TO 15% LAST YEAR. I TOOK THE 15% LEFT OVER AND BOUGHT THE CAR I DO LYFT IN NOW. I SOLD MY OTHER CAR FOR 500 LESS THAN WHAT I PAID FOR IT. MY MAINTENANCE ALMOST PAYS ITSELF. COSTO FOR TIRES, WALMART FOR OIL CHANGES. I PAY ABOUT 2K TOTAL A YEAR FOR MAINTENANCE. I NEVER KEEP A CAR BEYOND 150K MILES.

I BROWSE CRAIGSLIST TO FIND GOOD FREE FURNITURE AND I GO PICK IT UP AND RESELL IT. I JUST COPPED A SMALL BUILDING IN DETROIT TO STORE THINGS. ANYTHING I DON'T MOVE IN A MONTH GETS DONATED TO SALVATION ARMY. THEY COME PICK IT UP AND I GET A TAX WRITE OFF.

I GOT LIKE 5 HUSTLES GOING RIGHT NOW. WORKING ON 6 AND 7.
 

MR. SNIFLES

**** YOU THUNDAAAAAAAAAAH
Supporter
Joined
May 2, 2012
Messages
20,711
Reputation
6,580
Daps
83,457
Reppin
THUNDER BUDDIES
What type of lyft driver are you radio, silent treatment, or small talker?
PLAY THE CROWD. I JUST GO OFF THE PASSENGER. I PREFER SMALL TALK. THAT'S HOW I KEEP MY EAR TO WHAT'S GOING ON. 90% OF DOING LYFT IS KNOWING WHERE TO BE AND WHEN. WHEN I PICK UP FACTORY WORKERS I ASKING ABOUT WORK AND IF THEY ARE REGULAR USERS. AND I NOTE THE TIME AND PLACE FOR LATER.

STRIPPERS NEVER LIVE NEAR THE BAR THEY STRIP AT. WATCH FOR SHIFT CHANGES AT LARGE FACTORIES. BE IN THE SUBURBS AT 3AM FOR THE 4:30 AIRPORT DEPARTURES. ESPECIALLY ON SUNDAY.
 

MR. SNIFLES

**** YOU THUNDAAAAAAAAAAH
Supporter
Joined
May 2, 2012
Messages
20,711
Reputation
6,580
Daps
83,457
Reppin
THUNDER BUDDIES
I always wonder how

for less than a cab

the driver and the company make money

Let's say driver gets half of $7. I wouldn't cross the street to make $3.50 let alone drive somewhere and fukc around with drunk people

Then it seems like you if you make $3.50 every 20 min..

That's like $10 per hour

AND YOU STILL GOTTA BACK THE COSTS OUT

I'm positive it works some kind of way cause it's huge, but it never made sense to me

THOSE FARES ARE FEW AND FAR BETWEEN IN DETROIT. YOU HAVE TO POSITION YOURSELF SO THAT THE MONEY PITS ARE AVOIDED. I'LL TAKE A FEW HERE AND THERE BECAUSE PEOPLE HAVE TO GET AROUND. BUT IF YOU'RE GOING TO A BAD AREA, SHUT THE APP OFF AFTER THAT RIDE. JUST DEAD HEAD BACK TO A GOOD SPOT.
 

1thouwow

Poster of the Year
Joined
Jul 20, 2012
Messages
26,344
Reputation
-210
Daps
72,855
Do you got another car or putting money to the side for maintenance on your car
 

MR. SNIFLES

**** YOU THUNDAAAAAAAAAAH
Supporter
Joined
May 2, 2012
Messages
20,711
Reputation
6,580
Daps
83,457
Reppin
THUNDER BUDDIES
How much does Lyft take out per ride?

2.90 PLUS 20%

A LOT OF DRIVERS COMPLAIN ABOUT THIS. THIS IS HOW LYFT SUBSIDIZES THEIR SHENANIGANS. IF YOU DRIVE FULL TIME YOU GET SOME OF THIS MONEY BACK VIA BONUS. PART TIMERS DON'T REALLY SEE THIS.

THIS WEEK 88 RIDES GIVES $167 BONUS FOR ME. THAT'S LIKE 1.90ISH PER RIDE. THAT'S KINDA LOW THIS WEEK. USUALLY 88 RIDES GIVES $197. THAT'S LIKE 2.25ISH.
 

Kyle C. Barker

Migos VERZUZ Mahalia Jackson
Joined
Feb 5, 2015
Messages
28,332
Reputation
9,567
Daps
121,822
PLAY THE CROWD. I JUST GO OFF THE PASSENGER. I PREFER SMALL TALK. THAT'S HOW I KEEP MY EAR TO WHAT'S GOING ON. 90% OF DOING LYFT IS KNOWING WHERE TO BE AND WHEN. WHEN I PICK UP FACTORY WORKERS I ASKING ABOUT WORK AND IF THEY ARE REGULAR USERS. AND I NOTE THE TIME AND PLACE FOR LATER.

STRIPPERS NEVER LIVE NEAR THE BAR THEY STRIP AT. WATCH FOR SHIFT CHANGES AT LARGE FACTORIES. BE IN THE SUBURBS AT 3AM FOR THE 4:30 AIRPORT DEPARTURES. ESPECIALLY ON SUNDAY.


Damn fam, it sounds like you are playing the game right.
 

MR. SNIFLES

**** YOU THUNDAAAAAAAAAAH
Supporter
Joined
May 2, 2012
Messages
20,711
Reputation
6,580
Daps
83,457
Reppin
THUNDER BUDDIES
U done it for a full year yet? How much you owe after those 1099s dropped?

VARIES WILDLY FROM MY PERSONAL EXPERIENCE. I OWED 9K THE FIRST YEAR BECAUSE I DIDN'T KNOW THE GAME. LAST YEAR I ONLY PAID ABOUT 7.5K AFTER DEDUCTIONS. I GOT IT DOWN TO ABOUT 15% OF MY INCOME FOR LYFT.

THIS YEAR IS GOING TO BE KINDA FUNKY BECAUSE I GOT MULTIPLE THINGS GOING ON AND I'M NOT SURE HOW IT TIES TOGETHER. I HIRED A CPA TO HELP ME THIS YEAR.
 
Top