Uber?

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September 9th, 2015 at 5:05:50 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 103
Posts: 7134
Quote: Wizard
Toyota Corolla and cars like that. Cheap and fuel efficient are the operative words.


Did it have those eyelashes on the headlights?

I've never used it yet but have the app ready. Minimal need as I rarely bar hop and if I do I can walk from my home, but next time I fly I will ring up the app and try it.
The man who damns money has obtained it dishonorably; the man who respects it has earned it
September 9th, 2015 at 5:55:44 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 111
Posts: 12175
Quote: AZDuffman
Nobody really cares that a cab driver has a special license.


Oh really? Try and drive a cab anywhere
without one. It's illegal. And pickups are
a bigger part of the business than you
realize. 25% of my business came from
the airport, bus and train station. Also
outside of big hotels and sporting events.
You can call ahead for a Uber, but most
people take a cab because there is a line
of them right in front of you.

When I read the Uber boards, it's very clear
that most of the Uber Dopes pay no taxes.
The IRS hasn't caught up to them yet. They
are supposed to be filing quarterly taxes
if they paid more that $1000 in taxes last
year or they expect to pay more than $1000
this year. Failure to file quarterly and you get a
penalty for every quarter missed.

Like the guy that brags he got $900 from Uber
last week. He's aware in the back of his mind
that he'll have to pay tax eventually, but
he'll deal with it later. I guarantee he doesn't
know that he has to pay a whopping 15.3% right
off the top for FICA and Medicaid. He has no
employer to absorb half of that. Thats $137 a
week if he makes $900 a week.

It takes the IRS about 2-3 years to catch up to
the paperwork, and most Uber drivers haven't
been in the system long enough to hear from
them. When I was in business, it was all cash
and drivers never filed because the gov't
had no idea what they were doing. Even now
most only file on a portion of what they earn,
Uber drivers have a paper trail and get away
with nothing.

If you crunch all of it, taxes and expenses and
depreciation, he's making about $250 a week.
That's if he works 45 hours, and most do not.
If you take a risk, you may lose. If you never take a risk, you will always lose.
September 9th, 2015 at 6:11:53 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 103
Posts: 7134
Quote: Evenbob
Oh really? Try and drive a cab anywhere
without one. It's illegal.


But it should not be. No special driving skill. A CDL there are reasons for, an example is knowing how to drive with air brakes. But a cab is just a sedan like most people drive.

Quote:
And pickups are
a bigger part of the business than you
realize. 25% of my business came from
the airport, bus and train station. Also
outside of big hotels and sporting events.
You can call ahead for a Uber, but most
people take a cab because there is a line
of them right in front of you.


Depends on where you are at. Not so in my town. Some hotels have cab stands, but leave a bar or restaurant and see how many you can hail. Plus watch the little meter go click-click-click when you are in traffic. Me, I'd rather have a contract price and just order on my phone than walk blocks.


Quote:
When I read the Uber boards, it's very clear
that most of the Uber Dopes pay no taxes.
The IRS hasn't caught up to them yet. They
are supposed to be filing quarterly taxes
if they paid more that $1000 in taxes last
year or they expect to pay more than $1000
this year. Failure to file quarterly and you get a
penalty for every quarter missed.


The pay will sort itself out over a few years. They get to write the mileage off. While delivering luggage I know many nights that well over half my revenue will not be taxed because of the mileage. Any smart 1099 driver should be able to write off 75% of revenue or more to cost. When I was doing O&G work I could write off almost 1/3 for miles, tolls, and parking. Plus with Uber you cannot get stiffed for a fare, it is paid in advance.
The man who damns money has obtained it dishonorably; the man who respects it has earned it
September 9th, 2015 at 7:29:56 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 111
Posts: 12175
The one thing nobody understands until they do
it is, the devastating effect constant city driving
has on a car. Spending 6-10 hours a day of
stop and go driving, your tranny shifting up
and down hundreds of times, constantly using
the brakes, the air on all summer, never being
able to shut the engine off. Nobody does this
to a car except cab drivers and city cops. In fact,
we got a lot of our cars from them after the cops
put 75K on them. UPS, Fedex, USPS,
all have special vehicles. Face does stop
and go, but not for 8 hours a day.

We had drivers is their own cabs at times.
They we're always newbs, an experienced
driver would never use his own vehicle.
We always had a pool as to how long they
would last. I won a lot because I always
picked the shortest amount of time. It
was always the vehicle that made them
quit, they got tired of the constant repairs.

I read some of these Uber drivers have bought
brand new cars to destroy. That's just nuts,
a quickly depreciating car that you also have
to make payments on.
If you take a risk, you may lose. If you never take a risk, you will always lose.
September 9th, 2015 at 7:36:10 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 103
Posts: 7134
Quote: Evenbob


I read some of these Uber drivers have bought
brand new cars to destroy. That's just nuts,
a quickly depreciating car that you also have
to make payments on.


Learn the business the easy way or the hard way. Important thing is let them learn.

Delivering luggage we have one guy with a new van, one of those Nissan mini-work vans. Another has fairly new sedans. Others of us have older SUVs. New cars in general are a bad idea.
The man who damns money has obtained it dishonorably; the man who respects it has earned it
September 9th, 2015 at 8:41:37 PM permalink
DRich
Member since: Oct 24, 2012
Threads: 18
Posts: 804
The drivers I spoke to (around 10) said their average fare was around $9.50 and they did over 3 per fares per hour.

I was told that Uber requires a 4 door vehicle that is less than 10 years old. The car must be inspected by Uber (or a contractor).

The vehicles I remember riding in were:

Cadlillac XTS (2015), it looked brand new.
Honda Accord
Chevy Trailblazer
Toyota Prius
Toyota Camry


I would guess the average age was 5 years old. A lot of the drivers were students at the university.

My understanding is Uber has a program with another company that they will rent you the car for $200 a week and you keep it all 24 hours.

One driver told me he bought a new car just for Uber and rents it to his friend for $150 a week for the half of the day that he doesn't drive it for Uber.

It seemed the average was working about 4 hours per day for the drivers I spoke to. One guy told me he turns his phone on at home at doesn't start working until his first call comes in. They always dispatch the nearest driver so he said he is rarely five minutes away for his first pick up.
September 9th, 2015 at 8:44:57 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 111
Posts: 12175
It's a no brainer now, with GPS. Cabbies
had to know a city inside and out, now
a new driver can do well on his first
day. It's still a suck ass job, no matter
what you're doing. Stuck in traffic
all day, learning to drive super defensively,
getting pissed at other drivers all the
time. In and out to help people with
laundry and groceries, going into bars
to tell them you're there. You make
money in the winter, but the conditions
suck. Never again.
If you take a risk, you may lose. If you never take a risk, you will always lose.
September 9th, 2015 at 8:54:33 PM permalink
Wizard
Administrator
Member since: Oct 23, 2012
Threads: 163
Posts: 3410
It is a free market. If Uber drivers are making out so badly, let them find other work.

If the cab companies think their medallion makes them special, then they should have done something extra to deserve the status. Like the black cabs of London. Instead they long-haul their customers and who knows what else. I've yet to see a cab driver know how to use a map.

If taxes are an issue, then I would suggest making Uber drivers pay a commensurate amount per mile driven as cab drivers. Both are using city streets for their business and both should be expected to pay for the additional wear and tear they cause.
Knowledge is Good -- Emil Faber
September 9th, 2015 at 8:57:53 PM permalink
DRich
Member since: Oct 24, 2012
Threads: 18
Posts: 804
BTW, Uber has a rating system where after the ride you rate the driver one to five star and leave comments that other can read. Every one of my drivers got 5 stars from me. You can reject a driver when it is dispatched and request a different one. The drivers also rate the passengers so drivers can decide if they want to pick up the passenger based upon the passenger rating.
September 9th, 2015 at 11:26:52 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 111
Posts: 12175
Quote: Wizard


If the cab companies think their medallion makes them special,


They are special. They were born in the Depression, in NYC.
Everybody who had a car was a cabbie and nobody was making
any money. So the city issued 12,000 medallions, and today,
75 years later, there are only 13,000. In NYC, the medallions
will win, it's inevitable. Every dumb ass with a car is a cabbie
again, I don't think so..
If you take a risk, you may lose. If you never take a risk, you will always lose.
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