Uber profit

[CLAVEL3699]

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

Totoo ba eto?

[Calistro]

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

[dct]

20k gross? Magkano kaya net nun?

[Calistro]

Ungkatin ko pag nagkita kame heheh.

[KERSMcRae]

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]

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]

Lechon manok kayo diyan...

JESSICA ZAFRA | Uber is the new 'lechong manok'

[Altis6453]

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]

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. [emoji16]

[Altis6453]

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.

[shadow]

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.

Tapos mga sosie pa mga uber partners, meron drivers [emoji3]

[Altis6453]

Haha! Mas mahal pag sosy driver kasi naka Smartphone at wifi pa! [emoji4]

[shadow]

Haha! Mas mahal pag sosy driver kasi naka Smartphone at wifi pa! [emoji4]

Hiring drivers to drive your car defeated the concept of uber, naging sosy taxi na lang Talaga.

Dito sa US. mga uber cars meron sticker ng uber dinidikit sa windshield. Para alam talaga na uber yun unmarked car

[machine.pistol]

I rode uber going to Kapitolyo late this afternoon. Driver/owner (he just came home from office) told me his earnings nowadays are not as good as before when there not too many uber cars. It used to be that they were entitled to incentive when they made a minimum of 35 rides a week. Uber revised the incentives program to include the requirement that they make 5 rides during rush hour in the morning and another 5 rides during rush hour in the afternoon. The reason for the revision was because drivers did the 35 rides a week by avoiding the rush hour. But because it's impossible to do 5 rides during rush hour, drivers no longer are able to get the incentive.

On the way back from Kapitolyo tonight, I rode uber again. My driver was a driver and not an owner. His company has 25 Vios cars for uber use. That's probably another reason why it's no longer lucrative to drive an uber car on the side.

[kotiko]

I rode uber going to Kapitolyo late this afternoon. Driver/owner (he just came home from office) told me his earnings nowadays are not as good as before when there not too many uber cars. It used to be that they were entitled to incentive when they made a minimum of 35 rides a week. Uber revised the incentives program to include the requirement that they make 5 rides during rush hour in the morning and another 5 rides during rush hour in the afternoon. The reason for the revision was because drivers did the 35 rides a week by avoiding the rush hour. But because it's impossible to do 5 rides during rush hour, drivers no longer are able to get the incentive.

On the way back from Kapitolyo tonight, I rode uber again. My driver was a driver and not an owner. His company has 25 Vios cars for uber use. That's probably another reason why it's no longer lucrative to drive an uber car on the side.

Very good info - exactly one of the main reasons why being an Uber partner isn't that enticing anymore...

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I rode uber going to Kapitolyo late this afternoon. Driver/owner (he just came home from office) told me his earnings nowadays are not as good as before when there not too many uber cars. It used to be that they were entitled to incentive when they made a minimum of 35 rides a week. Uber revised the incentives program to include the requirement that they make 5 rides during rush hour in the morning and another 5 rides during rush hour in the afternoon. The reason for the revision was because drivers did the 35 rides a week by avoiding the rush hour. But because it's impossible to do 5 rides during rush hour, drivers no longer are able to get the incentive.

On the way back from Kapitolyo tonight, I rode uber again. My driver was a driver and not an owner. His company has 25 Vios cars for uber use. That's probably another reason why it's no longer lucrative to drive an uber car on the side.

Very good info - exactly one of the main reasons why being an Uber partner isn't that enticing anymore...

[ninjababez]

^kaya naman pala eh

[r_delro]

Hulihin na daw uber cars starting august 21...good thing I didn't join the bandwagon...i was suppose to get a vios but waited for things to stabilize... Feeling ko once nastabilize na ang supply ng uber cars and legal na to konti lang lamang ng uber sa kita compared to taxis...

[Sarsi]

James Deakin just posted that LTFRB will make its own premium taxi, an operator needs 20 units with 2.0 engine displacement. Mukhang unti unti pababagsakin ang Uber. Ahole gov't agency.

[Monseratto]

LTFRB Announces A New Car Service Called Premium Taxi
Kevin Bruce Francisco
7 hours ago

The dance between Land Transportation Franchising & Regulatory Board (LTFRB) and Uber has been around for quite a while now with LTFRB wanting to shut down the car service company due to lack of proper accreditation, among other things. Fast forward to just recently, LTFRB announced that it will hold a consultation of sorts regarding new franchises for a car service called Premium Taxi. Could the two instances be just a coincidence?


Late last month, LTFRB on its page posted an invitation for interested parties for a “public consultation” that will talk about the issuance of new franchises for Premium Taxi. Premium Taxi, according to them, is a car service that requires a “four- or five-door automobile, sedan type, with engine displacement of 2000cc or higher (or its equivalent, if electric-, hybrid-, or alternate fuel-Powered vehicle)” that comes with the following operating conditions as per DOTC:

1. The operator must have at least twenty (20) premium taxi units in his/her fleet;
2. All vehicles must be brand-new at the time of franchise application;
3. All vehicles must be in color set by the LTFRB (Note: It is proposed that the color will be black);
4. All vehicles shall have a maximum age of 7 years;
5. All vehicles must be equipped with a GPS vehicle tracking and navigation device;
6. All vehicles must be equipped with an on-board electric taxi fare payment device capable of processing payments made with credit card or debit card;
7. The operator must have a facility for booking and dispatching by way of an online or smartphone-based application; and
8. The operator must have his/her own workshop and depot with a space of at least 15 sq.m. per vehicle.

With these happenings, netizens can’t help but think that the reason why Uber (and even GrabCar) have been under fire and are being kept under the radar of LTFRB and DOTC was because of this pending project that they were planning from beginning.


- See more at: LTFRB announces a new car service called Premium Taxi - YugaTech | Philippines, Tech News & Reviews

[shadow]

Stupid netizens got it wrong. It stemmed from james deakin's disinformation. Mga netizens na uto-uto naman.

https://m.facebook.com/doblezeta/pos...52962348855919