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Best Way to Make Money Driving Uber | Beem

Most Uber drivers have earned more from a Uber side gig than other full-time jobs. But is that enough? What are some ways you can optimize your earnings as an Uber driver? We got it covered for you.
Best Way to Make Money Driving Uber | Beem
You might have seen many Uber driver-partners making it to the news for earning a vast sum of money. In 2015, Gavin Escolar made $252,000 a year by selling his jewelry collection to the passengers he met on Uber.
In this article

Many people would be skeptical about a standard income because you are an independent contractor with Uber. And there is no fixed amount of working hours as well. Nevertheless, there are many ways to make the most of this part-time or full-time opportunity. We have seven tips to make bucks driving for Uber.

Be professional

UberX will send you a short training video as soon as you sign up. The basic idea is to offer good service and receive a five-star rating from passengers. Uber would also provide some instructions that might help you to get a five-star rating. It included opening the door, having water bottles, and a facility for charging phones.  

Always have some snacks

Being on the road all day can exhaust you — and without frequent breaks and refreshments, you might call it a day very soon. Making sure to have some snacks and water would energize you instantly. You would also save time without the need to visit the restaurant often.

Know the local restroom facilities

Find out restrooms with free parking. That way, you don’t have to waste time driving around to find a restroom or spend money on parking.

Don’t follow app recommendations

The app would always suggest you visit areas and peak timings where more people would ve starting home and might request a ride. However, drivers make more money by deliberately avoiding these areas. How? Since Uber’s surge pricing decreases the fare if there are more drivers in an area, going to a place with no drivers would definitely increase the original fare by 3 to 4 times. Thus, choose an area where there are no drivers.

Making most of the surge fares

You can follow a trick during other peak hours at a stadium or a business park. During the nighttime, in most places, bars close by 2 am to 2.30 am, and it’s the time prices surge. Here’s the trick: you can log out of the driver app at least 10 minutes before the anticipated closing time and log in back right after closing time.

By doing this, the number of drivers in the area is reduced, and the fares are increased. Moreover, you can also avoid a fare that might be less at 1:55 a.m., and miss out on surge pricing.

Don’t keep driving until you get a passenger 

It isn’t advisable to drive around to get to an area where you feel there might be some passengers. It’s recommended to stay within the city and avoiding suburbs, if possible. If you keep driving until you get a request, it’s highly likely that you’ll have to drive more to the pickup location as well.

Since you can’t find the rider’s destination, you would end up losing money if the drop-off spot is nearby. Also, don’t accept a request that is too far away, as some riders might cancel the trip before you reach the pickup spot.

Use the booking app

The passenger app has features that wouldn’t be found on the driver app you use to find riders. Using the passenger booking app, you would be able to know where most of the drivers are, and you can move to areas without many other drivers.

This could be as simple as moving to a different gate at the stadium. Moreover, the passenger app shows the price first and then gets updated on the driver app with a few minutes delay.

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Picture of Richard Samuel

Richard Samuel

E Richard Samuel loves learning. From finding out the newest food in town to traveling and writing, he loves learning about everything. When he’s not writing, he’s probably trying to master the piano or watching food reviews.

Editor

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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