Post by Jeff on Aug 18, 2017 16:00:17 GMT
I'm a new driver, 3 weeks so far. I do it part time in between freelance gigs and its been a good experience overall.
After a conversation with a passenger the other day, I was curious about how much Lyft was actually making on rides. Their website says 25%, but from what I can see, its actually more like 50%. For example, minimum fare for short rides shows on my app as $4.95 and after Lyft fees, my pay is $3.71 but my passenger said the minimum fare he usually pays is around $7.
So, I decided to test it. I had my wife download the app and request a ride from me. When I dropped her off, the App on my phone said the fare was $6.92 minus $1.73 for the Left fee but my wife was charged $10.39. I realize that Lyft could argue that they are charging the passengers a fee to use the app, but doubt any of them realize that. Out of the $10.39 that my wife paid, I was only getting $5.19 so Lyft is getting 50% per ride, now 25%.
Does anyone else feel like this is excessive? The drivers are paying for the cars, the gas, the insurance. We keep our cars clean and buy waters and mints for great customer service. At the end of the day, after all my expenses I wonder if I'm barely making minimum wage.
After a conversation with a passenger the other day, I was curious about how much Lyft was actually making on rides. Their website says 25%, but from what I can see, its actually more like 50%. For example, minimum fare for short rides shows on my app as $4.95 and after Lyft fees, my pay is $3.71 but my passenger said the minimum fare he usually pays is around $7.
So, I decided to test it. I had my wife download the app and request a ride from me. When I dropped her off, the App on my phone said the fare was $6.92 minus $1.73 for the Left fee but my wife was charged $10.39. I realize that Lyft could argue that they are charging the passengers a fee to use the app, but doubt any of them realize that. Out of the $10.39 that my wife paid, I was only getting $5.19 so Lyft is getting 50% per ride, now 25%.
Does anyone else feel like this is excessive? The drivers are paying for the cars, the gas, the insurance. We keep our cars clean and buy waters and mints for great customer service. At the end of the day, after all my expenses I wonder if I'm barely making minimum wage.