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by balderdash
1436 days ago
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I’m glad you pointed the driver economics out, I meticulously keep track of my auto costs (hour out to road trip [1]) and am always surprised by what my actual mpg/cost per mile is, as well as how repairs and maintenance add up over time - I honestly don’t think most Uber drivers realize they are just trading deferred maintenance costs, and depreciation expense for cash now. [1]https://apps.apple.com/us/app/road-trip-mpg/id298398207 |
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The taxi company put together a system where drivers could take their contract fares (such as in the video I linked) in personal vehicles. I had to get a commercial license plate. Then the company did a safety inspection on my car. Their contracts paid better than standard ride share fares, but the numbers still didn't work. I only did that a couple times. One time I got a solid fare, but it took me out to Apache Junction. It was 40 miles to get home. The technical term for unpaid miles is deadheading [0].
> I honestly don’t think most Uber drivers realize they are just trading deferred maintenance costs, and depreciation expense for cash now.
I referred to this as this 'economic cancer'. Professional drivers figure out how to keep their expenses down.
[0] "They report 40.8% of their total distance traveled (VMT) being lost to deadheading." https://www.caee.utexas.edu/prof/bhat/ABSTRACTS/RidehailingE...