Tips on How to Make Money as an Uber Driver

If you are looking for a side income to bring in that extra dollar, consider being an Uber driver. To be successful, however, you need to do it right and learn all the tricks different drivers use. I bet you have done some research and understand well how the system works. But, if you haven’t, not to worry, as we are here to take you through the process.

When a passenger requests for a ride using the Uber app, any nearby Uber driver will receive a notification, and it’s up to the driver to either accept it or decline it. For full transparency, the app will also give you an estimated price for the ride. When there is a high demand for rides, prices tend to shoot high, such as at the end of a concert, when bars close, when it’s raining, and so on.

Prices vary according to the distance covered and the time you decide to drive. Note, however, that as a driver you will have to pay a certain percentage fee to Uber. But, in case you get any tips, it’s yours to keep. According to research, most uber drivers earn an average of $8.80-$11 per hour, after deducting all the expenses.

How to Make Money as an Uber Driver

Uber Driver Requirements

As a driver, you are contracting for Uber. This means all the other expenses are on you. These include gas, vehicle insurance, parking fees, plus any additional fees. To qualify as an Uber driver, you must tick all their requirements, and they include the following.

ADVERTISEMENT
  • You must be at least 20 years old with a valid driver’s license.
  • Your car must be four-door that is not more than 15 years old (usually car requirements vary from state to state).
  • Your car must have registration and an in-state license plate.
  • You will also have to do some background checks.
  • You must also have auto insurance.
  • You must have a smartphone that is compatible with the Uber app and data to use.

Know Your Market

One of the most crucial things that will make your Uber driving side gig a success is knowing your local market. You need to know which days are best to earn consistent fares. For instance, in most places, prices tend to go high on Friday evenings as opposed to Sunday or Monday.

Likewise, driving downtown where people tend to barhop will likely get you clients compared to driving in residential areas. Also, you will probably get clients who are going to bars and later on as they are ready to go home.

Overall, you should be a responsible driver. Do not drink and drive, and do not overcharge your clients or take advantage of the ones who are drunk. Keep in mind that once you do anything contrary to the rules and regulations of Uber and you get reported, chances are, you will get fired.

ADVERTISEMENT

Conclusion

Whereas Uber is not for everyone, if you have an extra car that has excellent fuel consumption, this might be an option for making that extra dollar. To make this work for you, you will need to research more about your area, find out where most pubs and malls are, and keep track of your mileage. Taking advantage of Uber promotions that usually run throughout the year will also go a long way.

ADVERTISEMENT