Uber profit

**CLAVEL3699** · August 10th, 2015 01:47 PM

My frends sa toyota... mag UBER na lang daw sila kasi they can earned 15k a week.

Totoo ba eto?

**Calistro** · August 10th, 2015 03:35 PM

Un officemate ko may eon. 20k gross sa bgc area monthly, sa huli namen usapan.

**dct** · August 10th, 2015 04:15 PM

20k gross? Magkano kaya net nun?

**Calistro** · August 10th, 2015 04:34 PM

Ungkatin ko pag nagkita kame heheh.

**KERSMcRae** · August 10th, 2015 05:30 PM

OT (heads-up):
Manghuhuli daw uli ang LTO sa mga app-based transpo.. Narinig ko lang ngayon sa dzmm, colorum daw kasi.. (pero atm, pinaprocess daw lahat ng mga kailangang reqmts para tuluyang maging legal transport service na sila)

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**jaypee10** · August 11th, 2015 02:28 PM

ung crab taxi may kumakalat na malaki daw ang kita .pag ipinasok mo sa kumpanya nila ang sasakyan mo..pumasada daw o hindi may kita..

diko alam kung totoo

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ung crab taxi may kumakalat na malaki daw ang kita .pag ipinasok mo sa kumpanya nila ang sasakyan mo..pumasada daw o hindi may kita..

diko alam kung totoo

**jut703** · August 11th, 2015 03:06 PM

Lechon manok kayo diyan...

JESSICA ZAFRA | Uber is the new 'lechong manok'

**Altis6453** · August 11th, 2015 03:35 PM

Maybe some of our Tsikoteers can illustrate using numbers.

Does the math really add up?

I mean, certainly you have to take into account monthly expenses for:

Fuel
Maintenance
Spare parts
Depreciation
Insurance

(This assumes you have no interest expense in amortizing the cost of the vehicle and do not pay a driver wages since you'll be doing the driving)

So, supposing the car you're using for Uber operations is brand new, you tend to spend less for maintenance and spare parts. The cost of fuel would be variable based on consumption and fuel prices. But as you go along, you spend more for maintenance and depreciation for the car.

Does it still result in a profit of Php15-20 k/monthly?

**shadow** · August 11th, 2015 04:26 PM

Ako I'm still skeptical. Feeling ko mga nag resign sa regular jobs na and drive über fulltime mga desperate or looking for that one knock out punch na kumita ng malaki

Alam mo naman mga ibang tao nangdadamay sa quicksand na pinasok nila puro press release na sobrang ganda para may kadamay sila sa napasok nila.

Kasi kung totoo na maganda kita not just uber hinde nila pagkalat yun dahil magkakaroon sila ng competition.

**Altis6453** · August 11th, 2015 04:30 PM

Originally Posted by shadow

Ako I'm still skeptical. Feeling ko mga nag resign sa regular jobs na and drive über fulltime mga desperate or looking for that one knock out punch na kumita ng malaki

I'm a bit skeptical as well since sa depreciation palang, assuming it's for a Php 500,000 car and you're depreciating over 5 years, that's about Php 8,333 in depreciation cost alone per month. Dagdag pa fuel, periodic maintenance (which could be more frequent given that the vehicle is used a lot)...medyo ang mahal na ng running costs.