Uber Philippines

[jut703]

On the idea of being an Uber driver during your off-work hours, it's possible, but the earnings are very far from the earnings of full-time Uber drivers. This is because in order to get incentives, you have to achieve a certain number of trips per week (50 if I'm not mistaken).

I'm not sure how much you get paid per trip, but assuming you get an extra 50 pesos per trip (one poster claimed P275 but I can't imagine how that's sustainable), then you get an extra P2.5k per week, or 10k in a month.

In comparison, if you only take trips in your leisurely time, and the average fare is 150 for a 10 km trip, you still have to give 20% to Uber, so you're left with 120 pesos. Your gas for a 10 km trip is roughly 50 pesos given today's traffic. You can also assume that the entire trip (from confirmation to picking up the customer to dropping him off) will take about 45 min to an hour. So you'll have 70 pesos per hour of Uber-ing, not including your car's depreciation and maintenance costs.

However, if you only accept trips during rush hours where Surges are usually at 2x, your fare would be 300 pesos, with 240 going to you, and you only have to subtract roughly the same amount for fuel (or even slightly more at 60 pesos to account for the heavier traffic), and voila, you still get P180 for your hour long trip. Still not much, but definitely more than double your earnings on off-peak hours.

Which leads me to ask, how do these people who claim 50k net monthly income for being full time Uber drivers compute their costs? Do they just subtract fuel and forget the maintenance and depreciation/amortization costs?

[dr. d]

- - - - - - - - - - - - - - - - - - - - - -

they probably do not take into consideration the depreciation and other non-palpable costs.
that is why, when it is time to replace the vehicle as dictated clearly by law, they air all sorts of complaints on why they should be allowed to extend...blah blah..

[bambomboy]

On the idea of being an Uber driver during your off-work hours, it's possible, but the earnings are very far from the earnings of full-time Uber drivers. This is because in order to get incentives, you have to achieve a certain number of trips per week (50 if I'm not mistaken).

I'm not sure how much you get paid per trip, but assuming you get an extra 50 pesos per trip (one poster claimed P275 but I can't imagine how that's sustainable), then you get an extra P2.5k per week, or 10k in a month.

Eto sample ng incentive. Iba iba per week, and pag tama understanding ko, hindi pare parehas incentives sa lahat ng drivers.

[dct]

On the idea of being an Uber driver during your off-work hours, it's possible, but the earnings are very far from the earnings of full-time Uber drivers. This is because in order to get incentives, you have to achieve a certain number of trips per week (50 if I'm not mistaken).

I'm not sure how much you get paid per trip, but assuming you get an extra 50 pesos per trip (one poster claimed P275 but I can't imagine how that's sustainable), then you get an extra P2.5k per week, or 10k in a month.

In comparison, if you only take trips in your leisurely time, and the average fare is 150 for a 10 km trip, you still have to give 20% to Uber, so you're left with 120 pesos. Your gas for a 10 km trip is roughly 50 pesos given today's traffic. You can also assume that the entire trip (from confirmation to picking up the customer to dropping him off) will take about 45 min to an hour. So you'll have 70 pesos per hour of Uber-ing, not including your car's depreciation and maintenance costs.

However, if you only accept trips during rush hours where Surges are usually at 2x, your fare would be 300 pesos, with 240 going to you, and you only have to subtract roughly the same amount for fuel (or even slightly more at 60 pesos to account for the heavier traffic), and voila, you still get P180 for your hour long trip. Still not much, but definitely more than double your earnings on off-peak hours.

Which leads me to ask, how do these people who claim 50k net monthly income for being full time Uber drivers compute their costs? Do they just subtract fuel and forget the maintenance and depreciation/amortization costs?

Nice computation. Naisip ko lang, mas maganda pang hatid mo na lang yung mga officemate mo on the way pauwi mo. Tapos singilin na lang sila. Atleast on the way talaga. Pambawas gas expense lang. Yun ay kung may sasama sayo sa ganun. Hehe

[_Cathy_]

Yung mga may "pasabay" officemate, i uber niyo na

[dct]

Yung mga may "pasabay" officemate, i uber niyo na

Oo nga. Atleast buo ang bayad nila. Walang nang 20% kaltas hahaha

[dr. d]

Yung mga may "pasabay" officemate, i uber niyo na

if your "pasabay" officemate calls uber and you happen to respond,....
"singilin mo pa rin! business is business."
heh heh.

- - - - - - - - - - - - - - - - - - - - - -

Yung mga may "pasabay" officemate, i uber niyo na

if your "pasabay" officemate calls uber and you happen to respond,....
"singilin mo pa rin! business is business."
heh heh.

[glenn manikis]

Mas lucarative pa kung mag car pool from Fairview to makati.. Fare is 100 per head.. If you have an 18seater van, load it with 15 passengers, you'll earn 3000 back and forth.. Multiply it by 4 --- that's 12k in a week or 48k per month.. Fairview to makati, buendia petron.. Is only 22kms. One way-- hindi pa bugbog sasakyan mo... Applicable nga Lang sa mga Taga Fairview... Pero in other areas I'm sure Meron din ganyan...

[dr. d]

- - - - - - - - - - - - - - - - - - - - - -

Mas lucarative pa kung mag car pool from Fairview to makati.. Fare is 100 per head.. If you have an 18seater van, load it with 15 passengers, you'll earn 3000 back and forth.. Multiply it by 4 --- that's 12k in a week or 48k per month.. Fairview to makati, buendia petron.. Is only 22kms. One way-- hindi pa bugbog sasakyan mo... Applicable nga Lang sa mga Taga Fairview... Pero in other areas I'm sure Meron din ganyan...

ah yes..
matagal na 'to.. under the noses of the ltfrb/lto..
every other bigger office has one..
yun lang nga.. vehicle is "not brand new" kuminsan..
but who cares? it still beats public transpo and is cheaper than taxi..

[ninjababez]

if your "pasabay" officemate calls uber and you happen to respond,....
"singilin mo pa rin! business is business."
heh heh.

wala silang choice bro, auto debit yun sa card nila
and if they cancel, charge sila 100php automatic.

[_Cathy_]

Kaya nga beneficial ang uber sa mga may "pasabay" officemates :bwahaha:

[myas110]

I'm just thinking: is the LTFRB now in control of Uber and GrabCar now that the agency accredited them legally? take note that Uber and Grab cars are still private cars (registered in LTO) and the owners have the right to use the car for personal use as well (kapag wala silang biyahe).

[shadow]

Meron ba stickers dinidikit dito sa windshield pag uber like in U.S.?

[bambomboy]

I'm just thinking: is the LTFRB now in control of Uber and GrabCar now that the agency accredited them legally? take note that Uber and Grab cars are still private cars (registered in LTO) and the owners have the right to use the car for personal use as well (kapag wala silang biyahe).

How do you define "in control"?
Basically, accredited car owners can use their cars for personal or commercial use anytime.

[dr. d]

How do you define "in control"?
Basically, accredited car owners can use their cars for personal or commercial use anytime.

"nakalista na sila" ?

- - - - - - - - - - - - - - - - - - - - - -

How do you define "in control"?
Basically, accredited car owners can use their cars for personal or commercial use anytime.

"nakalista na sila" ?

[ms_jazzy]

On the idea of being an Uber driver during your off-work hours, it's possible, but the earnings are very far from the earnings of full-time Uber drivers. This is because in order to get incentives, you have to achieve a certain number of trips per week (50 if I'm not mistaken).

I'm not sure how much you get paid per trip, but assuming you get an extra 50 pesos per trip (one poster claimed P275 but I can't imagine how that's sustainable), then you get an extra P2.5k per week, or 10k in a month.

In comparison, if you only take trips in your leisurely time, and the average fare is 150 for a 10 km trip, you still have to give 20% to Uber, so you're left with 120 pesos. Your gas for a 10 km trip is roughly 50 pesos given today's traffic. You can also assume that the entire trip (from confirmation to picking up the customer to dropping him off) will take about 45 min to an hour. So you'll have 70 pesos per hour of Uber-ing, not including your car's depreciation and maintenance costs.

However, if you only accept trips during rush hours where Surges are usually at 2x, your fare would be 300 pesos, with 240 going to you, and you only have to subtract roughly the same amount for fuel (or even slightly more at 60 pesos to account for the heavier traffic), and voila, you still get P180 for your hour long trip. Still not much, but definitely more than double your earnings on off-peak hours.

Which leads me to ask, how do these people who claim 50k net monthly income for being full time Uber drivers compute their costs? Do they just subtract fuel and forget the maintenance and depreciation/amortization costs?

I agree with your computation sir, although possible naman yung 50k, pero malamang di pa kasama maintenance and depreciation costs na madalas naooverlook. Depende din kasi sa diskarte ng driver and dapat you're doing it full time para makuha incentives. Yung incentives lang talaga kasi ang nagpapalaki ng income, they sometimes give additional 400 per trip pag nareach mo yung required number of trips. My husband is a fulltime Uber driver so I know

[ms_jazzy]

Meron ba stickers dinidikit dito sa windshield pag uber like in U.S.?

Wala naman po

[ms_jazzy]

Meron ba stickers dinidikit dito sa windshield pag uber like in U.S.?

Wala naman po

[shadow]

I think meron dapat sticker Sa windshield mga uber cars. Siguro mas lalaki kita ng mga partners dahil maraming sosy kuno Na hinde Na mag uber dito. [emoji23]

[jut703]

I agree with your computation sir, although possible naman yung 50k, pero malamang di pa kasama maintenance and depreciation costs na madalas naooverlook. Depende din kasi sa diskarte ng driver and dapat you're doing it full time para makuha incentives. Yung incentives lang talaga kasi ang nagpapalaki ng income, they sometimes give additional 400 per trip pag nareach mo yung required number of trips. My husband is a fulltime Uber driver so I know

That's actually my point - your income is highly dependent on the incentives. That's okay if the incentives are sustainable, but honestly, I don't see how Uber can consistently give 400-peso incentives when they only take 20% of total trip fares.

The business has to last 5 years if you want to recoup your investment and make a fair bit of money out of the venture. Can Uber give large incentives for the next 5 years?