Drivers can complete rides for Uber and Lyft at the same time. There are no legal restrictions on drivers who use both apps based on the terms of service or privacy agreement. As self-employed contractors, drivers are also not bound by non-compete restrictions. Many drivers use Lyft and Uber along with delivery apps like Postmates and Grubhub. […]
Articles Tagged: uber
Who pays more, Uber or Lyft?
Using the price estimators for Uber and Lyft, drivers can make slightly more on Uber than Lyft rides. In New York City, an UberX driver receives 75% of each ride with a minimum fare of $8 and rates of $0.74 per minute and $1.62 per mile. Lyft drivers in New York City receive 75% to 80% of each […]
Who pays for gas on Uber or Lyft?
Drivers for Uber and Lyft are responsible for refueling their vehicles. Lyft works with Shell to provide a fuel discount plan that increases savings based on rider reviews and length of service.
What percentage of the fare do Uber or Lyft drivers keep?
Uber Uber driver-partners keep 75% of every fare with the company taking 25% to maintain the app and administrative costs. Driver-partners also keep 100% of any tips given by riders. Lyft A Lyft driver can expect to keep 75% to 80% of each fare along with 100% of tips. This variation in payments depends on regional fares […]
How much do Uber or Lyft drivers typically make?
Driver incomes for Uber and Lyft are dependent on location and the types of rides completed. Each company offers multiple tiers of rides ranging from standard four-seat to luxury six-seat vehicles that charge different rates. Riders are also charged higher rates for surge periods and pay larger fares for long-distance trips. There have been recent […]
Do Uber or Lyft drivers keep 100% of tips?
Uber and Lyft do not charge service fees on tips provided by riders through the app. The service fee applied to each ride takes money out of the standard fare instead of the tip.
Do Uber or Lyft drivers get benefits?
Uber and Lyft do not provide health insurance, vacation time, or paid sick leave to their drivers. Each driver is considered an independent contractor who does not qualify for benefits.
Do Uber or Lyft drivers get a discount on rides?
Uber and Lyft do not list ride discounts among its rewards programs for drivers. Drivers may be able to use first-time passenger codes if they haven’t previously hailed rides on Uber or Lyft.
Do Uber or Lyft drivers get 1099s?
Uber and Lyft supply 1099-MISC forms each year to drivers who earned at least $600 in the previous year. The 1099-K form is supplied to each driver who earned at least $20,000 and completed 200 rides or more in the prior year.
Do Uber or Lyft Black drivers make more?
Drivers approved for Uber Black and Lyft Lux Black earn more than other drivers on the apps because riders are charged higher rates that are passed on to the drivers.