One very important point that was left out is where you drive. If you drive in San Francisco, New York City, or Chicago you can easily make $100,000+ a year, but if you drive in a small to a medium-size city then you'll be lucky to make half that amount. I stopped driving for Lyft when they took away the long-distance pick-up premium (this is where, for instance, you go 22 minutes to pick someone up, the first 12 minutes of the trip you won't get paid for, but from 13 minutes to 22 minutes (9 minutes) you'll get paid for that 9-minute difference)). Plus, I wasn't happy when Lyft dropped our take of a $5 cancelation fee from $5 to $2. Also, when Lyft stopped doing Surges and went to "Power Zones", I went from daily surges to maybe 1 or 2 times a week seeing "Power Zones" pop up to make a bonus on each trip when in those zones. Lyft has gone downhill the last few years, it used to be my favorite platform to drive on.
very true, I did like lyft when they came first, but earning is going down in Jacksonville Florida. also, for 30 dollars ride, they pat me around 14 or 15 the most. nobody tip low class people riders and they get mad thinking that I get paid 30 but lyft takes more than 50 percent
My goodness, fellow. I started doing Lyft 4 months ago and naturally watched many videos about the platform. You hit a Grand Slam.with tnis video.THANKS !!!
People are saying they rather be at work doing those hours. But being able to get on when you want & can get money out whenever can’t be beat! You just have to have a money grinder mindset to be successful on the ride-share platform & a lot of these people don’t from the comments I see 😅
I have to say, you have a great video full of great content. You’re well spoken and knowledgeable on the different aspects of running you’re business. Wish more people were detail oriented as you are. I’m doing this rideshare thing as a side hustle. My main gig is my own business but do to the economy I am forced to explore other avenues of financial income streams. As a business owner already, I love your taxation system on mileage and tax payments etc. Great job! You are ready for something much bigger brother. Seriously, something much bigger. God bless you and keep the good up in the airwaves!🙏❤️🥊
The human body not only isn't built for sitting (let alone for long periods of time) but it isn't built to drive almost 24/7 either. If you're getting ur rest that's great just know to make sure you're alert and attentive and not tired when you're driving since you're putting passengers lives at stake should something happen and ur reaction time gets cut short. I personally drive a little everyday and part-time (about 4 hours) and take home $1,000 a week and am good knowing I make $52,000 a year. I'd rather make descent money and enjoy life instead of making lets say twice as much driving my life away.
Coming from a truck driver that drives from Los Angeles to Dallas in 2 days flat. Make sure to drink ALOT of water, stop every few hours or so, and stretch to get the blood flowing. If you take your lunch stand, your body will appreciate it. Stay safe out there, guys, and be courteous to semi-trucks, please.
Caution! A large portion of his income did not come from fares. It came from Streak, Bonus, Ride Bonuses and fare guarantees. These are incentives Lyft and Uber have been offering in the pandemic to get drivers back on the road. Now that the incentives have brought drivers back, in 2022, Lyft is eliminating most of this stuff. It will return to earning just the fare and on rare cases a tip. In other words, it will soon be impossible for him to make anywhere near what he made in this video. In 2021, the bonuses represented most of my earnings.
I don't believe that it will be impossible for me to make $500 regardless of incentives. As I stated in the video, it's usual for me to make $500 a day regardless of bonuses. On this particular day, I only made $18 in bonuses and $24 in streak bonuses. I was glad that this particular day didn't have a lot of streak bonuses because then I would have to deal with a lot of comments similar to yours :) My ride earnings (fare) were $394 and my tips were $35 and, due to a mistake, I received a ride fare in cash. Now, if you are referring to the almost $900 I made, I agree that I can not make that consistently. However, I can make $500 any day I want to, regardless of bonuses and I clearly expressed that in my video.
@@gsarjos, it does matter how the money was earned, as the bonuses will be diminished in the coming months, as The Handsome Liberal stated. When I started, there was an incentive for me to go out between 5 and 7pm on a weekday, it was a 15 dollar 3 trip streak bonus, now that incentive is gone.
Carefully thought on video bro. So, my market is a high density, high volume "party city" with major conventions. There are between 3 to 5 busy late NIGHTS per week with light to heavy surging and 1 to 3 DAYS with light to heavy surging. Said all that to say that after 4 months of blood and sweat, I've managed highs of $1700/wk and lows of $1200/wk with full time driving (45 to 50 hrs/week). I'm willing to try something different as you suggest but so far cherry picking has been my strategy. You really got me thinking and I'll do some more experimenting.
I live in Florida. I split my time either at Jacksonville, Saint Augustine, Daytona Beach or Orlando. Myself and also one of my buddies drive a Chevy traverse. Our goal every day is a minimum of $500 and just like you once a week we always have day in the 900s. Great video.
@@JoshuaC-vw4py I would say roughly about $400. I do nothing special. I cherry pick the hell of the Orlando zone. All roads must be under 20 minutes. The second you go over 20 minutes uber start paying you based on a $30 an hour average. I only take rides that I make $2.00 a minute and less than five minutes away. Patience is the key.
I appreciate the response brother moving up near Disney area in about 10 months and need a flexible schedule so I plan on buying a new sienna hybrid and hustling up there for 50 hr weeks online
Hey everyone this is top tier stuff it takes a few years to get to this level along with a lot of experimenting, driver endurance, right car, knowing your market, and a pac man mentality. When you get to this level its hard to do anything else other than start your own business. Because no job pays this type of money 3 to 6 hundred a day with pure freedom......
I also wanted to add with high gas prices and more drivers quitting rideshare. I want to thank you all because its more money for me and drivers like me that figured this game out. Damn i love this recession proof hustle
Bullshit; bullshit; I can tell you that if someone makes 1000 dollar a day; then all engineers and phd's will be Lyft drivers; even with uber impossible to make a thousand unless someone and pay 800 dollars tip
maaaann!!!, guys jus do the math. yesterday I drove for 4 hours/ total rides earnings 62.54 $ now deduct: gas. gas per millage ( I used my odometer to see how many miles I drove) I drove 104 miles in the four hours. gas at @$ the gallon. ( my car makes 20 mpg ) deduct: wear and tear / pay taxes at the end of the year. at the end of the day I think I am getting rip off by lyft and Uber. everybody is different.
I reside in West Palm Beach Florida and the earnings potential is not as great as it is in Miami or other major cities. I spent 8 hours online and barely made $75. I don’t agree it’s worth my time with the market I’m in
@@blkdevil20 I did a quick Google maps search. It says Miami is an hour from West Palm. Driving that hour to Miami isn't worth it? I'm assuming Miami is a better area than where I live in Charleston.
first, great video. Eloquent, prepped, organized and dense with valuable info. Easily the best video I have seen on the topic of driving for Lyft and I have seen hundreds. Second, you work a lot man, wish I had your drive (no pun intended). Third, good job, great video. Was so good I wanted to tell you that twice.
bro Thanks so much for taking the time to actually make this video and explain some of the pros and cons of driving! im currently a new driver and ive already make over a 120 rides in one week! tonight is the night ill hit my $960 bonus! also im glad you debunked the theory of waiting at airports i thought myself that its a waste of time due to the fact you could of gotten 3 or 4 rides in with the time it takes to take that one passenger to the airport although some rides to the airport pays alot! God bless you bro!
Contrary to taking all rides, I find myself turning down rides that take my far away from the city center. Most often there are no rides back so that means a bunch of dead miles and wasted time trying to get back to the city. Upfront pricing helps me decline these requests.
I accept rides to the airport in the morning early.... knowing that incoming passengers have not yet landed. Then ride to the nearest homes 3 miles away - then set the Lyft ap to go home or work in a particular area, using the wider scope. In the afternoon I set the app to work a specific area. not more than 15 miles wide. I stay busy, make good money and take the last ride close to my home.
I make $400 to $500 each day here in Los angeles without the streek bonuses 10 to 15 trips. I hold a class at LAX ON WEEKENDS. I have never worked 17 hours and never will. God Bless 😁😷
Totally doable I made 1k a handful of times on Saturdays with bonuses alone in around 10-12 hours and I have done what he did too when I worked full time but it's hard to maintain that spirit. I had a ford fiesta which I had bought for 3 thousand dollars and put additional 100000k to it didn't really cared for the car. Now I work with a subaru impreza I am only working part time but hitting 2-3 dollars a mile mainly because I drive only downtown area just short trips and maybe during the day some trips close buy if there is a nice quest out there otherwise only short trips with surge is king.
About to start doing Lyft. Love your videos. Question. Not that I plan to be driving 18 hr days, but about the 12 hr rule. I understand it can be broken if you take a 6hr break & then start again. BUT what if you just change ride share apps? Like drive for Lyft for 12hrs & then switch to Uber right after? Or is this rule applied across ALL apps? Thanks!
Uber doesn't communicate with Lyft about when you've been online with them so you can work 12 hrs with Lyft and switch to Uber. But I wouldn't advise it for you and everyone's safety on the road. That's dangerous. There's no reason to work 12 hrs, switch to another platform for 6 hrs, then go back to the other, without any sleep. I don't even think it's possible unless your on Meth... And if that's the case then someone will report you for strange behavior, accuse you of being intoxicated (bcz I'm sure you'll be delirious) & you'll get deactivated from the platform.
@@HKPerry-ml8to cool thanks. 👍🏼 I am also debating wether to buy a used vs new prius. Because of inflation, most used Priuses now in the years I want 2014-2017 cost almost as much as a new prius! $20k vs $25k! Plus the used one usually have upwards of 70-100k miles on them! So for only $5,000 more i can get a new prius with ZERO miles. I know about depreciation. That doesn’t concern me as I will be riding full full time and plan to make a lot of money over the next few years. Enough to cover the cost of the car with lots of profit. I know you can also rent out a car thru uber or lyft… but i prefer to own my own car.
Uber figures their 12-hour rule differently than Lyft does. Uber only counts the amount of time that you have a passenger in your vehicle towards the 12-hour rule, whereas Lyft counts the time you have the driver app online (the way it should be, in my opinion)
Uber count the time is you are online and you are moving your vehicle with or without a passenger… the better time to drive is from 4am until 9am if you are close to your house if one rides take far from your house stay until the app take you out
@@Regantdarcy check out the kia Niro is a hybrid you can get a average of 52mpg also dont have a cvt and you have 60k miles warranty bumper to bumper after that 100k miles warranty on the engine and transmission
Speaking on the tax portion of lyft. I have a office with a lock on the door that i use only for lyft research and keeping tabs on expenses. this allows me to count off some electric and internet on taxes. also when I travel I look for cars that i plan to buy in the future. this allows me to count off all expenses that weekend I travel out of town.
I made 620 on Uber on Friday December 10 2021 between Temecula - San Bernardino because it was surging during Rolling Loud Southern California Festival in San Bernardino.
Create a LLC put the vehicle under the business, apply for depreciation of the vehicle on your tax's. From there save the money to lease to purchase vehicle or etc. Put it under the business using a credit card to make the monthly payments, from there increase your credit score and save money. Calc miles and deduct them you can make more than the cars value. 100,000 miles * .40 = $40,000 not including depreciation.
Love this video, also want to know are you still making this dough today or did the rate go down? Also what market are you in? Thanks ! Just thinking of driving soon here in Canada as it opens up in our market
You have to play around with the app and learn your most busiest times . + his key tip 😊 I know for a fact 15 rides a day gets me $150 max plus whatever tips come my way. And that doesn’t take me a full day at 5am Lyft is constantly going off . ( workers, medical transportation etc;)
@@fubub3595 that's 5 dollars a ride if you 6 stops in an hour you have $30+ . either you're going to slow or you're accepting low offers for high miles to travel
Hey man! Great video. Very informative. Like you, I am about to jump into ride sharing to pay down some debt. Got a ton of questions. But I’ll keep it brief. Do you mix apps? Like Lyft & Uber? As well as throw in some delivery apps to to mix it up? About the car, I am environmentally conscious & was gonna go electric(Nissan Leaf) but with a 200 mile range & 45 minute charge time, to pull & 800 mile day might be logistically impossible 😂 So going with a used Toyota Prius hybrid. Does Lyft limit the age of the car? I was thinking something btwn a 2011 & 2015. Is a dashcam a must? And if so any recommendations on model? Thanks man! ✌🏼
Its based on the market, so you have to look it up on uber/lyft in your area... Generally it doesn't make sense to mix the apps, you will get weekly bonuses with Lyft that require you to drive a certain amount of rides to get that bonus. Uber does a 3 day bonus for weekends and 4 day for weekdays. To maximize your hourly earnings you want to hit your Quest/bonuses. I do hit up ubereats once a while as well for a change of pace, and all you need to do is turn on your preferences. I've driven without a dashcam, but I don't drive during crazy hours on the weekends when you'll get someone that's going clubbing or going home from the club(That is the best time to earn though), I just don't want the headache/anxiety for 3 hrs of 30 plus per hour. Try the other apps like DoorDash, Lyft, Instacart, and see what you like more. Clientelle might be different between uber and Lyft. If you are close to an airport perhaps try going there and catching a ride a few times to see the earnings and difference between regular joes, and the professional/traveler. Check out rideshare professor for the dashcam, try it out with the leaf before purchasing a Prius, but with todays prices It's probably a smart investment that you could try flipping if gas goes to 6+...
Uber is paying $1 extra per ride if you have a ev but if you only have 200miles per charge don’t do longer rides the ones with 45+ minutes… if you can charge your vehicle in your house is a plus you can drive in the morning 4am to 9am then go to you house and go again 4pm to 10pm if you stay only local you can make like $200 in the morning and $200+ in the evening and only spend like $10 on electricity in your house a day
I made $511 in one day with Uber very little boost maybe some $1 boost but mostly regular pay. Just put in the time and rest 6r break during the slow time in your city!
In addition look at the fees Lyft and Uber take from our earnings each year. Crazy we easily loose 50 to 65 percent of our earnings. It is good for a weekend side deal. But to go full metal jacket. That’s insanely crazy
Not possible, Imagination only. Lyft passengers are mostly low paying workers who don't tip and lyft pays very little. $70 to $80 for 6 to 7 hours driving 🚗 yes
I live in Jacksonville Florida, Majority of riders are low class people and not tipping. Only tip you get if you drive from airport, some classy people tip well.
Good stuff. But how will you maintain that 120k per year? Are you really going to drive 18 hours per day forever? How long can one work so much and actually consider that a life? 8 hours a day is my max. I appreciate the info here and will use it!
Scale it based on your obligations. Figure out how much money you can make per hour in your market and then figure out how many hours you can work. Based on my numbers, if I could only work 20 hours, I know that's around $500. IF you can do 40 hours, it'll be around $1000.
It’s possible people you make as mutch as you want if you don’t like to work hard you won’t make $$ look out for bonuses and it all depends on your location also . Chicago is a great place ! Great video and thanks for the info
Thank you so much I just started doing Lyft as another form of site income four days ago so far it’s been great. But I have noticed that too much time in the car has given me already really bad lower back pains. What do you suggest for back support when driving in the car for so many hours at a time thanks in advance.
You are forgetting something very basic in your daily costs calculations… Tires replacements or depreciation prorated as well as your VERY IMPORTANT Vehicle depreciation and car payment as well as your personal time cost.
This video is 2 years old. Last year they had great bonus and ride challenges. Today, in Jan 2024 ride challenges, bonus and streaks are non-existent, at least in my market. They have become oversaturated with drivers and no longer need to entice anyone to drive since drivers will go out there anyway. Lyft is great if you want to drive sick medicaid patients home from the hospital. And if you think driving lyft Extra Comfort or Black will increase your pay, you be fooling yourself and sitting around for hours waiting for the lone Lyft black request. I used to have a car that qualified as Black and only got those requests during peak surge times, and I found out why. That was because on the lyft app when it is surging, the Black rides cost about the same as the standard Lyft so there is no difference for the passenger.
Thank you for your vids~ I am starting with Lyft Express this Monday. Lyft has no way to communicate with them so I'm trying to get info on RUclips. I'm hearing that if you do 75 miles in a week you get a big discount & if you do over 100 you get additional discount. You are VERY high volume~ do you get a big discount on your rental? Also I'm in Las Vegas~ which city are you in? Thank you~
@@FutureRideshareMillionaire A program from Lyft where you can rent one of their cars if you do not have a qualifying car of your own (within 10yrs old, sedan, everything works). I did it for a week & it's just too expensive~ $300/wk. That plus gas and you have to do 50 rides before you even break even. No more discount for number of rides (that was during pandemic).
I guess that means I have 14 days in my week 😋 I'm not sure what rule governs what constitutes as a work day, but I'm sure that everyone gets 365 days in a year and there's nothing you can do to change that. If you're limiting yourself to 8.5 hours if work a day, then you're potentially limiting yourself. I touched on this a little in the video...changing my mindset to how much I can make per day rather than how much I can make per hour has resulted in me making more money than I ever have. At some point, the goal will be to make the same or more money in less time. We have to break away from "normal" perceptions to get there. I'm in the Charleston market.
@@FutureRideshareMillionaire thanks for letting me know where you are. I also achieved $800 in 17 hours. But 17 hours is not a normal work day is my point. It's really 2 days of normal work.
@@FutureRideshareMillionaire that was extremely helpful the question that you asked Lyft about if they offer bonuses tailored to driver behavior! I think this is the secret key to everything! Do you accept every ride even ones that are 18 or 22 minutes away?
First , I thought you are not say the truth. After I watched full of your video and again ones , I understood what you say . And yes , I can tell to anyone, your video is say the truth and gives the advice, what is hard to find anywhere!!!! Thanks!
I’ve been doing Lyft for almost a month. City size I believe is important. I live in a small midWestern city and by the way it looks, I can rake in 3-4K a month.
@@Stevenimich Just looked at a map. You are surrounded by three other bigger cities. Have you tried driving in those cities? Cincinnati might be your best bet.
@@FutureRideshareMillionaire I’ve driven in Columbus, but not Cincinnati yet. What I like about Dayton is that it’s got a very active rider market. It’s small, but strong. The airport not crowded with Uber/Lyft drivers so the queue isn’t very big like Columbus or Cincinnati. The money I can make in a week is even more money or equal than I would get on the 1st or 15th of the month from my previous job and it was an awesome job that brought in 70-80K and as much as 110K depending on what I was doing (but I received bonuses a lot). I just decided to retire early and doing this Lyft stuff has been pretty fun for me so far and it’s been only a month.
I recommend bringing some snacks and trying to eat something every two hours. It helps to keep the energy up. When it's dead, I try to hit a gas station just to stretch and use the bathroom. Helps with staying awake.
I try to go to where it's busy. I'll go to a gas station if I need food or to use the bathroom and chill there for a bit just to stretch and change the pace.
What all apps do you use for tips and otherwise? I have Zelle and PayPal, but aside from that, nothing else. What all apps are you personally using? What all are you writing off as well? Do you write off tires, oil changes and any kind of repairs? Are you writing off your payments and insurance as well? I know you can write off mileage.
I take the standard deductions for mileage. But we can still write off our cell phone bills and a few other things that aren't related to the maintenance of the car. I paid off my car in December.
@@FutureRideshareMillionaire I just paid cash for my car as it was used, but very low mileage. Are you writing off tires, oil changes and maintenance or is it just the mileage you write off? It's good to know I can write off my portion of the cell phone bill.
Usually the streak bonuses appear on a daily basis, today I noticed that I'm on platinum with points. I'm confused, can you give me some advice? Sorry I haven't had a chance to see the whole video. Thank you in advance.
Good information. Is Lyft still paying that well. I drive for both platforms and in my town Uber is king. But when Uber gets slow I go see what Lyft is up to and if it is active I drive Lyft
I worked 14 hours yesterday and made $420 without bonuses (I did get a few good hotspots). It's definitely not as strong as before, but if I put the effort in, it's still good money.
Thanks for the tips, I have a Suburban and just started driving Lyft, it seems like I am averaging 25-30 per hour or 130 per weekday and 250 each Friday and 250 on Saturday based on 4-6 hour booked time. Any tips to optimize XLT?
If your suburban is black and 2017 or newer do only lux black and black suv ride… goin to be like 10 rides a day or less but you will make a lot of money with a little drive a day if your suburban is 2015 to 2016 do only xl and regular lux if your city don’t have lux rides I recommend to change your vehicle to a minivan or something like that or check your nearest city that have lux rides and go there
YOUR LOCATION LOCATION LOCATION IS VERY IMPORTANT INFO, BRO!! You left out a very important figure! Your LOCATION!! Not everyone will make the same as you even in the same city! You have to be in the right market and the right vehicle and know your market to make that kind of money! Are you driving only LyftX or do you also do XL, Lux, or Lux Black? Again, that's a very important detail you left out!
If you work in Waikiki, you can get rides via queue, but that take a lot longer time for mostly short rides, unless you are heading to the airport. I also try to do one or two, but better to work outside of that tourist destination. I agree hanging at the airport queue, isn't always the best way to make money, especially during off times. But, during peak times, usually can make money.
So you have to drive for 17+ hours in order to make that? Also, the pay differs by the city…I live in Orlando and there’s no way that any driver here will EVER make that especially on a consistent basis. I love this for you but is this what you make every week or did you get lucky? I think it’s important to give some disclaimers that this is not the norm. You don’t want to give False hope
That's a good question. He never said what type of area he works in and that's a big big factor! $500 a day in a major city is not surprising. But if you live in a smaller more rural area then it's probably not possible at all
You build your way up to it. I've been trying to make this video for a while but I had to build up the mental fortitude to do it. It's changed my sleeping habits permanently in a way that I enjoy. I'm able to do okay off of 5 hours of sleep
Angeliz225 he is being honest you have to build up to that and most importantly in my opinion when you learn the app and your market to the point its easy to hit big numbers something happens to you mentally to easily keep going day in day out
What is this online 17 hours and one minute? Is there no longer an online limit using Lyft? It should have logged you off before that, or am I incorrect?
Let's say you start driving at midnight on June 1st. You stop at noon because that's the 12 hour limit. You take your mandatory 6 hour break then start up again at 6 p.m. It's still June 1st so you can add another 6 hours of driving time before it changes into June 2nd. 12 + 6 = 18 hours in one 24 hour period. Of course Lyft starts and ends their day at 5 a.m. (4 a.m. for Uber) but you get the idea.
Buy used toyota prius, they are reliable and they use 47mpg, newer models even more then 50mpg. With 120000$ a year you would save probably around 10000$ on gas.
You are super correct. That's actually my plan! I'm going to buy an additional car and then put my Jetta on Turo. Since Volkswagen is like the middle ground of affordability and brand image, I think it'll do well.
@@FutureRideshareMillionaire That's funny cause i have a vw jetta on turo and i just got prius for ridesharing only, avoid 2010 model prius because they consuming oil due to the bad design of the engine, anything below and above 2010 will save you ton of cash and they dont break down, the battery last longer if you use them a lot thats why uber and lyft drivers love them, plus gas economy especially with unstable gas prices. I like your channel, you got likes and a sub, good luck bro.
What city do I live I live in Charlotte NC I average 135 rides a week during peak times and pick up streak bonuses,the most I ever made with flex drive is $1100,I pay them $413 for rental
I've been driving cabs for 20 years plus 4 years with with one of the rideshare companies I don't want to state which one, unfortunately I happen to work in one of the worst markets in the United States and you would think Orlando is fantastic but it is so overcrowded with drivers making $200 is only top driver status out here and I know all the cities that are Killin it making double and triple on a daily basis, but I get $200 in 8 hours and we go long stretches of time with no bonus streaks because there's too many drivers‼️😣
Same bro, I stay in Kissimmee I drive all the way to Altimonte spring rideshare around there I usually leave with 350. There’s good rides out there and around 8pm the rides are back to back non stop. Just be careful cause there’s some shitty long distance rides.
@@regularpaul8142 exactly make $44 going all the way out to Haines City getting no tip now you're basically 32mi from even Disneyland stuck in a dead zone
@@ramzdalastpharoah exactly, you would think being in the biggest tourist state we would make a lot more. My cousin drives all the way to Tampa/clear water and says he makes 3x more than he does in Orlando. I just can’t imagine driving 2 hrs just to drive 8 hrs then drive 2 hrs home.
The problem is with the greater Orlando area too many people have tasted that $300 and a 9 hour shift and decided to make it a full-time job and once again we are way overcrowded with drivers and greater Orlando is probably one of the few markets that is I actually read it's the worst market to currently be driving in you can go from 200 day to 65 the next day those type of things did not happen to me up until the last 6weeks never before +gas is up so far eight and a half percent with no increase from the rideshare company 🎯
Because they only pay $0.56 per mile,that's not the case in most states,they pay over a dollar per mile,that will make a huge difference ⛔️⛔️⛔️⛔️⛔️⛔️⛔️⛔️⛔️
Remember when you are on your way to picking up a passenger and have them in your car until the trip is completed, if you wreck and cause the wreck it's $2,500 deductible.
I’m about to start with Lyft.. Last thing to do is my Rideshare Inspection. Looking for vids like this. My head hurts after this video though lol.. #2muchmath
I wonder how much car maintenance you need I recently got an electrical vehicle and a small one beer then left Rental wanted to try it out today I got deactivated for Dev that I am mobility device despite trying every single angle to put the wheelchair in the car
One very important point that was left out is where you drive. If you drive in San Francisco, New York City, or Chicago you can easily make $100,000+ a year, but if you drive in a small to a medium-size city then you'll be lucky to make half that amount. I stopped driving for Lyft when they took away the long-distance pick-up premium (this is where, for instance, you go 22 minutes to pick someone up, the first 12 minutes of the trip you won't get paid for, but from 13 minutes to 22 minutes (9 minutes) you'll get paid for that 9-minute difference)). Plus, I wasn't happy when Lyft dropped our take of a $5 cancelation fee from $5 to $2. Also, when Lyft stopped doing Surges and went to "Power Zones", I went from daily surges to maybe 1 or 2 times a week seeing "Power Zones" pop up to make a bonus on each trip when in those zones. Lyft has gone downhill the last few years, it used to be my favorite platform to drive on.
Considering higher fuel and cost of living I don't envy him
And also he was online for 17 hours. That's 2 full time jobs in one day. I couldn't do it. Make that in 8 hours and I'll pay attention.
I'll do lyft next...I owe money for overcharged rental
very true,
I did like lyft when they came first, but earning is going down in Jacksonville Florida.
also, for 30 dollars ride, they pat me around 14 or 15 the most.
nobody tip low class people riders and they get mad thinking that I get paid 30 but lyft takes more than 50 percent
Yeah, I drive in Nashville and make about 300 a day
My goodness, fellow. I started doing Lyft 4 months ago and naturally watched many videos about the platform. You hit a Grand Slam.with tnis video.THANKS !!!
People are saying they rather be at work doing those hours. But being able to get on when you want & can get money out whenever can’t be beat! You just have to have a money grinder mindset to be successful on the ride-share platform & a lot of these people don’t from the comments I see 😅
You're the example of the type of people I want watching my content.
My guy! thank you for the raw honesty. About to start being a Lyft driver and this helped so much
Did you start driving for Lyft? Just curious
I have to say, you have a great video full of great content. You’re well spoken and knowledgeable on the different aspects of running you’re business. Wish more people were detail oriented as you are. I’m doing this rideshare thing as a side hustle. My main gig is my own business but do to the economy I am forced to explore other avenues of financial income streams. As a business owner already, I love your taxation system on mileage and tax payments etc. Great job! You are ready for something much bigger brother. Seriously, something much bigger. God bless you and keep the good up in the airwaves!🙏❤️🥊
I’m not a tax expert. But if you use the miles deduction you can’t not put any maintenance or gas or tolls. It’s one or the other.
You are right
Unless he's cheating the system and hasn't been caught
Brother YOUR INFO is ON point! Keep BLESSING family! BLESSING WILL FOLLOW! Great WORK!
The human body not only isn't built for sitting (let alone for long periods of time) but it isn't built to drive almost 24/7 either. If you're getting ur rest that's great just know to make sure you're alert and attentive and not tired when you're driving since you're putting passengers lives at stake should something happen and ur reaction time gets cut short.
I personally drive a little everyday and part-time (about 4 hours) and take home $1,000 a week and am good knowing I make $52,000 a year. I'd rather make descent money and enjoy life instead of making lets say twice as much driving my life away.
52,000 a year isn't decent....
Just sounds like your bar is set too low for your life. To each his own I guess.
That's okay. Not everyone wants to live a mundane life.
You’d be surprised how well your body can adjust.
Coming from a truck driver that drives from Los Angeles to Dallas in 2 days flat. Make sure to drink ALOT of water, stop every few hours or so, and stretch to get the blood flowing. If you take your lunch stand, your body will appreciate it. Stay safe out there, guys, and be courteous to semi-trucks, please.
@@luisespin533 stay in the far right lane
Caution!
A large portion of his income did not come from fares. It came from Streak,
Bonus, Ride Bonuses and fare guarantees. These are incentives Lyft and Uber have been offering in the pandemic to get drivers back on the road.
Now that the incentives have brought drivers back, in 2022, Lyft is eliminating most of this stuff. It will return to earning just the fare and on rare cases a tip.
In other words, it will soon be impossible for him to make anywhere near what he made in this video. In 2021, the bonuses represented most of my earnings.
I don't believe that it will be impossible for me to make $500 regardless of incentives.
As I stated in the video, it's usual for me to make $500 a day regardless of bonuses. On this particular day, I only made $18 in bonuses and $24 in streak bonuses. I was glad that this particular day didn't have a lot of streak bonuses because then I would have to deal with a lot of comments similar to yours :)
My ride earnings (fare) were $394 and my tips were $35 and, due to a mistake, I received a ride fare in cash.
Now, if you are referring to the almost $900 I made, I agree that I can not make that consistently. However, I can make $500 any day I want to, regardless of bonuses and I clearly expressed that in my video.
Here's a video of me making good money during the slow season: ruclips.net/video/Rlcwm_c53mk/видео.html
It doesn't matter how the money was earned while driving, what matters is what you earn during your shift
Incentives is part of the pay. Most jobs offer incentives. If your don't you need a better job.
@@gsarjos, it does matter how the money was earned, as the bonuses will be diminished in the coming months, as The Handsome Liberal stated. When I started, there was an incentive for me to go out between 5 and 7pm on a weekday, it was a 15 dollar 3 trip streak bonus, now that incentive is gone.
Carefully thought on video bro. So, my market is a high density, high volume "party city" with major conventions. There are between 3 to 5 busy late NIGHTS per week with light to heavy surging and 1 to 3 DAYS with light to heavy surging. Said all that to say that after 4 months of blood and sweat, I've managed highs of $1700/wk and lows of $1200/wk with full time driving (45 to 50 hrs/week). I'm willing to try something different as you suggest but so far cherry picking has been my strategy. You really got me thinking and I'll do some more experimenting.
I live in Florida. I split my time either at Jacksonville, Saint Augustine, Daytona Beach or Orlando. Myself and also one of my buddies drive a Chevy traverse. Our goal every day is a minimum of $500 and just like you once a week we always have day in the 900s. Great video.
What areas are the best out of Jax. St Augustine. Daytona Beach or Orlando?
It's go by Market place not every market same all different
Armando is xl the best for rideshare in Orlando? How much can I average a day working 10 hours?
@@JoshuaC-vw4py I would say roughly about $400. I do nothing special. I cherry pick the hell of the Orlando zone. All roads must be under 20 minutes. The second you go over 20 minutes uber start paying you based on a $30 an hour average. I only take rides that I make $2.00 a minute and less than five minutes away. Patience is the key.
I appreciate the response brother moving up near Disney area in about 10 months and need a flexible schedule so I plan on buying a new sienna hybrid and hustling up there for 50 hr weeks online
Hey everyone this is top tier stuff it takes a few years to get to this level along with a lot of experimenting, driver endurance, right car, knowing your market, and a pac man mentality. When you get to this level its hard to do anything else other than start your own business. Because no job pays this type of money 3 to 6 hundred a day with pure freedom......
I also wanted to add with high gas prices and more drivers quitting rideshare. I want to thank you all because its more money for me and drivers like me that figured this game out. Damn i love this recession proof hustle
I can’t stand a negative, lack, poverty, employee mindset! ANYTHING IS POSSIBLE!!
Uhhh I make more than that a day my friend
No it doesn’t
Bullshit; bullshit; I can tell you that if someone makes 1000 dollar a day; then all engineers and phd's will be Lyft drivers; even with uber impossible to make a thousand unless someone and pay 800 dollars tip
maaaann!!!, guys jus do the math.
yesterday I drove for 4 hours/ total rides earnings 62.54 $
now deduct: gas. gas per millage ( I used my odometer to see how many miles I drove) I drove 104 miles in the four hours. gas at @$ the gallon. ( my car makes 20 mpg )
deduct: wear and tear / pay taxes at the end of the year.
at the end of the day I think I am getting rip off by lyft and Uber.
everybody is different.
Yeah, 4 hours for $62 is on the low end for sure. What market are you in? Do you get bonuses at all?
What time did you drive?
I reside in West Palm Beach Florida and the earnings potential is not as great as it is in Miami or other major cities. I spent 8 hours online and barely made $75. I don’t agree it’s worth my time with the market I’m in
@@blkdevil20 I did a quick Google maps search. It says Miami is an hour from West Palm. Driving that hour to Miami isn't worth it? I'm assuming Miami is a better area than where I live in Charleston.
I am so proud of you, I like your ambitions, and also your kindness to share what you have to us.
first, great video. Eloquent, prepped, organized and dense with valuable info. Easily the best video I have seen on the topic of driving for Lyft and I have seen hundreds. Second, you work a lot man, wish I had your drive (no pun intended). Third, good job, great video. Was so good I wanted to tell you that twice.
bro Thanks so much for taking the time to actually make this video and explain some of the pros and cons of driving! im currently a new driver and ive already make over a 120 rides in one week! tonight is the night ill hit my $960 bonus! also im glad you debunked the theory of waiting at airports i thought myself that its a waste of time due to the fact you could of gotten 3 or 4 rides in with the time it takes to take that one passenger to the airport although some rides to the airport pays alot! God bless you bro!
Contrary to taking all rides, I find myself turning down rides that take my far away from the city center. Most often there are no rides back so that means a bunch of dead miles and wasted time trying to get back to the city. Upfront pricing helps me decline these requests.
yeah, i am NOT a fan of upfront pricing
I accept rides to the airport in the morning early.... knowing that incoming passengers have not yet landed. Then ride to the nearest homes 3 miles away - then set the Lyft ap to go home or work in a particular area, using the wider scope. In the afternoon I set the app to work a specific area. not more than 15 miles wide. I stay busy, make good money and take the last ride close to my home.
I make $400 to $500 each day here in Los angeles without the streek bonuses 10 to 15 trips. I hold a class at LAX ON WEEKENDS. I have never worked 17 hours and never will. God Bless 😁😷
Lies
To make that money u need long rides From lax then u need to come back so u need more than 8hr a day to make that money there I work lax 2
Yeah. Why are you lying. There's no way. I smell bs.
Totally doable I made 1k a handful of times on Saturdays with bonuses alone in around 10-12 hours and I have done what he did too when I worked full time but it's hard to maintain that spirit. I had a ford fiesta which I had bought for 3 thousand dollars and put additional 100000k to it didn't really cared for the car. Now I work with a subaru impreza I am only working part time but hitting 2-3 dollars a mile mainly because I drive only downtown area just short trips and maybe during the day some trips close buy if there is a nice quest out there otherwise only short trips with surge is king.
What market do you drive in? I’m envious. I’m in Sarasota, FL. It’s a smaller market
Nice. I got a 2019 subaru outback it gets 450 miles on a tank and I love it. Great in the snow I drive in Toronto and make pretty good coin.
Great production quality and content I appreciate you sending this to me!
I generally don't go to Chicago because it's 40 miles away, but when a trip takes me there on a busy night, I make bank.
About to start doing Lyft. Love your videos. Question. Not that I plan to be driving 18 hr days, but about the 12 hr rule. I understand it can be broken if you take a 6hr break & then start again. BUT what if you just change ride share apps? Like drive for Lyft for 12hrs & then switch to Uber right after? Or is this rule applied across ALL apps? Thanks!
Uber doesn't communicate with Lyft about when you've been online with them so you can work 12 hrs with Lyft and switch to Uber. But I wouldn't advise it for you and everyone's safety on the road. That's dangerous. There's no reason to work 12 hrs, switch to another platform for 6 hrs, then go back to the other, without any sleep. I don't even think it's possible unless your on Meth... And if that's the case then someone will report you for strange behavior, accuse you of being intoxicated (bcz I'm sure you'll be delirious) & you'll get deactivated from the platform.
@@HKPerry-ml8to cool thanks. 👍🏼 I am also debating wether to buy a used vs new prius. Because of inflation, most used Priuses now in the years I want 2014-2017 cost almost as much as a new prius! $20k vs $25k! Plus the used one usually have upwards of 70-100k miles on them! So for only $5,000 more i can get a new prius with ZERO miles. I know about depreciation. That doesn’t concern me as I will be riding full full time and plan to make a lot of money over the next few years. Enough to cover the cost of the car with lots of profit. I know you can also rent out a car thru uber or lyft… but i prefer to own my own car.
Uber figures their 12-hour rule differently than Lyft does. Uber only counts the amount of time that you have a passenger in your vehicle towards the 12-hour rule, whereas Lyft counts the time you have the driver app online (the way it should be, in my opinion)
Uber count the time is you are online and you are moving your vehicle with or without a passenger… the better time to drive is from 4am until 9am if you are close to your house if one rides take far from your house stay until the app take you out
@@Regantdarcy check out the kia Niro is a hybrid you can get a average of 52mpg also dont have a cvt and you have 60k miles warranty bumper to bumper after that 100k miles warranty on the engine and transmission
Great video! Love the improved production quality
Thanks! I've been working really hard on getting better each video. Ok glad it's showing!
Speaking on the tax portion of lyft. I have a office with a lock on the door that i use only for lyft research and keeping tabs on expenses. this allows me to count off some electric and internet on taxes. also when I travel I look for cars that i plan to buy in the future. this allows me to count off all expenses that weekend I travel out of town.
This is the most authentic Lyft video I've seen. Awesome content thanks for the detailed breakdown and providing a positive outlook,
I made 620 on Uber on Friday December 10 2021 between Temecula - San Bernardino because it was surging during Rolling Loud Southern California Festival in San Bernardino.
Create a LLC put the vehicle under the business, apply for depreciation of the vehicle on your tax's. From there save the money to lease to purchase vehicle or etc. Put it under the business using a credit card to make the monthly payments, from there increase your credit score and save money. Calc miles and deduct them you can make more than the cars value. 100,000 miles * .40 = $40,000 not including depreciation.
Make sure you LYFT up these like buttons!
Love this video, also want to know are you still making this dough today or did the rate go down? Also what market are you in? Thanks ! Just thinking of driving soon here in Canada as it opens up in our market
In the bay this is very possible! I drive like 2 hours in Frisco early in the morning 5 am, I make like $150 in two hours.
Frisco Texas?
@@seanpaul4101San Francisco
Love bro🙏🏽
You have to play around with the app and learn your most busiest times . + his key tip 😊 I know for a fact 15 rides a day gets me $150 max plus whatever tips come my way. And that doesn’t take me a full day at 5am Lyft is constantly going off . ( workers, medical transportation etc;)
I did 9 rides , about 3hours online with uber ended up with only 45 dollars 💔💔💔
@@fubub3595 you have to drive when is busy
@@fubub3595 that's 5 dollars a ride if you 6 stops in an hour you have $30+ . either you're going to slow or you're accepting low offers for high miles to travel
@@drehunnid3788 low offer ,i thought the rates are the same for everyone, only bonus can change depends on the day or how lu been in business
@@fubub3595 different rides can be different prices, an $8 ride vs a $12 ride for example
Bro thanks for this info I’m starting today and this was great to watch
You should be two weeks in now. How has it been?
I've got some more tips for you: ruclips.net/video/Rlcwm_c53mk/видео.html
I am preparing for my ride share journey and this channel will be helpful. Thank you sir.
This was a really great video! Thank you!
Incredible results!
Hey man! Great video. Very informative. Like you, I am about to jump into ride sharing to pay down some debt. Got a ton of questions. But I’ll keep it brief. Do you mix apps? Like Lyft & Uber? As well as throw in some delivery apps to to mix it up? About the car, I am environmentally conscious & was gonna go electric(Nissan Leaf) but with a 200 mile range & 45 minute charge time, to pull & 800 mile day might be logistically impossible 😂 So going with a used Toyota Prius hybrid. Does Lyft limit the age of the car? I was thinking something btwn a 2011 & 2015. Is a dashcam a must? And if so any recommendations on model? Thanks man! ✌🏼
Its based on the market, so you have to look it up on uber/lyft in your area... Generally it doesn't make sense to mix the apps, you will get weekly bonuses with Lyft that require you to drive a certain amount of rides to get that bonus. Uber does a 3 day bonus for weekends and 4 day for weekdays. To maximize your hourly earnings you want to hit your Quest/bonuses. I do hit up ubereats once a while as well for a change of pace, and all you need to do is turn on your preferences. I've driven without a dashcam, but I don't drive during crazy hours on the weekends when you'll get someone that's going clubbing or going home from the club(That is the best time to earn though), I just don't want the headache/anxiety for 3 hrs of 30 plus per hour. Try the other apps like DoorDash, Lyft, Instacart, and see what you like more. Clientelle might be different between uber and Lyft. If you are close to an airport perhaps try going there and catching a ride a few times to see the earnings and difference between regular joes, and the professional/traveler. Check out rideshare professor for the dashcam, try it out with the leaf before purchasing a Prius, but with todays prices It's probably a smart investment that you could try flipping if gas goes to 6+...
Uber is paying $1 extra per ride if you have a ev but if you only have 200miles per charge don’t do longer rides the ones with 45+ minutes… if you can charge your vehicle in your house is a plus you can drive in the morning 4am to 9am then go to you house and go again 4pm to 10pm if you stay only local you can make like $200 in the morning and $200+ in the evening and only spend like $10 on electricity in your house a day
Very well explained 👍 Very good advise 👍
Oh hey fellow North Charleston Lyft driver I thought that map of the airport looked familiar lol
I made $511 in one day with Uber very little boost maybe some $1 boost but mostly regular pay. Just put in the time and rest 6r break during the slow time in your city!
But is that gross profit or net, if it’s not net what is the net amount?
Hey what camera are you using the camera quality is on point
Question you said you start at 5am-5pm then 11pm-11am my question is after you done at 11 am do you go back at 5pm or wait to start at 5am again ???
Love to chat one-on-one. I've been a driver for 4 years. 2019 Lyft Driver of the Year for Customer Service in the Washington DC market.
How can we make this happen?
Would love to converse with you as well!
@@danielmisgana2672 maybe it's time I make a discord 🤔
@@FutureRideshareMillionaire I’d join, do it!
Lol no your not, I'm a sponsored driver for Sony and Uber with contacts through doordash, I know who's who
In addition look at the fees Lyft and Uber take from our earnings each year. Crazy we easily loose 50 to 65 percent of our earnings. It is good for a weekend side deal. But to go full metal jacket. That’s insanely crazy
Great video bro thanks what car do you drive
I got into an accident a month ago and I haven't revealed the outcome yet. But I can tell you that I only qualify for base Uber and Lyft
wow thats a nice bonus ,wish they would do that in houston
I haven't seen it since mid pandemic. I had it for like 10 weeks straight. Didn't take advantage of it enough.
Thank you for this very insightful video!!
Not possible,
Imagination only.
Lyft passengers are mostly low paying workers who don't tip and lyft pays very little.
$70 to $80 for 6 to 7 hours driving 🚗 yes
I don’t know which city you live in, I live in Philadelphia and I make 170/180 if I drive for 7 hours.
@@dhambi1259 try I drive in Phoenix and make like 180-200 for 7 hours
Depends on your city I make 350 a day working in the DC area
I live in Jacksonville Florida,
Majority of riders are low class people and not tipping.
Only tip you get if you drive from airport, some classy people tip well.
I don't get tipped often either but there are some things I do to get better tips.
Good stuff. But how will you maintain that 120k per year? Are you really going to drive 18 hours per day forever? How long can one work so much and actually consider that a life? 8 hours a day is my max. I appreciate the info here and will use it!
18 hrs a day everyday is not gonna last
This is bay far the most informative lyft video I have watched now
I agree
Thank you Triatan, this video is very helpful as I started with Lyft 2 weeks ago.
This only works if someone works 18 hours a day 7 DAYS A WEEK. my other obligations won’t allow me to do that.
Scale it based on your obligations. Figure out how much money you can make per hour in your market and then figure out how many hours you can work.
Based on my numbers, if I could only work 20 hours, I know that's around $500. IF you can do 40 hours, it'll be around $1000.
It’s possible people you make as mutch as you want if you don’t like to work hard you won’t make $$ look out for bonuses and it all depends on your location also . Chicago is a great place ! Great video and thanks for the info
Hey man thanks your videos I'm planning to start lyft only on weekends Saturdays and Sundays to see how it will go plz I need advice
Thank you so much I just started doing Lyft as another form of site income four days ago so far it’s been great. But I have noticed that too much time in the car has given me already really bad lower back pains. What do you suggest for back support when driving in the car for so many hours at a time thanks in advance.
Welcome to $4+++ ⛽ Thanks Joe!
Shiiiiit. I’m not driving 12 hours straight. Godspeed.
It gets easier! Plus, I enjoy driving. I wouldn't recommend this to someone who doesn't.
Thank you this was helpful.
That's awesome.
You are forgetting something very basic in your daily costs calculations… Tires replacements or depreciation prorated as well as your VERY IMPORTANT Vehicle depreciation and car payment as well as your personal time cost.
Used cars hold no real value anyways
This video is 2 years old. Last year they had great bonus and ride challenges. Today, in Jan 2024 ride challenges, bonus and streaks are non-existent, at least in my market. They have become oversaturated with drivers and no longer need to entice anyone to drive since drivers will go out there anyway. Lyft is great if you want to drive sick medicaid patients home from the hospital. And if you think driving lyft Extra Comfort or Black will increase your pay, you be fooling yourself and sitting around for hours waiting for the lone Lyft black request. I used to have a car that qualified as Black and only got those requests during peak surge times, and I found out why. That was because on the lyft app when it is surging, the Black rides cost about the same as the standard Lyft so there is no difference for the passenger.
Thank you for your vids~ I am starting with Lyft Express this Monday. Lyft has no way to communicate with them so I'm trying to get info on RUclips. I'm hearing that if you do 75 miles in a week you get a big discount & if you do over 100 you get additional discount. You are VERY high volume~ do you get a big discount on your rental? Also I'm in Las Vegas~ which city are you in? Thank you~
I have not heard of LYFT express, what is it?
I'm in Charleston but Vegas is on my list of places to move to!
@@FutureRideshareMillionaire A program from Lyft where you can rent one of their cars if you do not have a qualifying car of your own (within 10yrs old, sedan, everything works). I did it for a week & it's just too expensive~ $300/wk. That plus gas and you have to do 50 rides before you even break even. No more discount for number of rides (that was during pandemic).
Awesome information
17 hours working is not one day. It is really two days. So you made $430 in 8.5 hours. That's excellent. But what market do you live in?
I guess that means I have 14 days in my week 😋
I'm not sure what rule governs what constitutes as a work day, but I'm sure that everyone gets 365 days in a year and there's nothing you can do to change that.
If you're limiting yourself to 8.5 hours if work a day, then you're potentially limiting yourself.
I touched on this a little in the video...changing my mindset to how much I can make per day rather than how much I can make per hour has resulted in me making more money than I ever have. At some point, the goal will be to make the same or more money in less time. We have to break away from "normal" perceptions to get there.
I'm in the Charleston market.
@@FutureRideshareMillionaire thanks for letting me know where you are. I also achieved $800 in 17 hours. But 17 hours is not a normal work day is my point. It's really 2 days of normal work.
@@FutureRideshareMillionaire that was extremely helpful the question that you asked Lyft about if they offer bonuses tailored to driver behavior! I think this is the secret key to everything! Do you accept every ride even ones that are 18 or 22 minutes away?
Charleston where? SC? WV? MA?
First , I thought you are not say the truth. After I watched full of your video and again ones , I understood what you say . And yes , I can tell to anyone, your video is say the truth and gives the advice, what is hard to find anywhere!!!! Thanks!
Tell them this video is the truth too! ruclips.net/video/Rlcwm_c53mk/видео.html
I’ve been doing Lyft for almost a month. City size I believe is important. I live in a small midWestern city and by the way it looks, I can rake in 3-4K a month.
What city do you live in?
@@FutureRideshareMillionaire I live in Dayton, Ohio
@@Stevenimich Just looked at a map. You are surrounded by three other bigger cities. Have you tried driving in those cities? Cincinnati might be your best bet.
@@FutureRideshareMillionaire I’ve driven in Columbus, but not Cincinnati yet. What I like about Dayton is that it’s got a very active rider market. It’s small, but strong. The airport not crowded with Uber/Lyft drivers so the queue isn’t very big like Columbus or Cincinnati. The money I can make in a week is even more money or equal than I would get on the 1st or 15th of the month from my previous job and it was an awesome job that brought in 70-80K and as much as 110K depending on what I was doing (but I received bonuses a lot). I just decided to retire early and doing this Lyft stuff has been pretty fun for me so far and it’s been only a month.
Hey bro, I do both uber and lyft any tips, sometimes u get tired soon, I usually start around 3 to 4AM.... and I'm trying to get out of debt too
I recommend bringing some snacks and trying to eat something every two hours. It helps to keep the energy up. When it's dead, I try to hit a gas station just to stretch and use the bathroom. Helps with staying awake.
Great info brother. Question……. Do you drive between rides or park and wait for a request to come in?
I try to go to where it's busy. I'll go to a gas station if I need food or to use the bathroom and chill there for a bit just to stretch and change the pace.
What all apps do you use for tips and otherwise? I have Zelle and PayPal, but aside from that, nothing else. What all apps are you personally using? What all are you writing off as well? Do you write off tires, oil changes and any kind of repairs? Are you writing off your payments and insurance as well? I know you can write off mileage.
I take the standard deductions for mileage. But we can still write off our cell phone bills and a few other things that aren't related to the maintenance of the car.
I paid off my car in December.
@@FutureRideshareMillionaire I just paid cash for my car as it was used, but very low mileage. Are you writing off tires, oil changes and maintenance or is it just the mileage you write off? It's good to know I can write off my portion of the cell phone bill.
Usually the streak bonuses appear on a daily basis, today I noticed that I'm on platinum with points. I'm confused, can you give me some advice? Sorry I haven't had a chance to see the whole video. Thank you in advance.
I've noticed that being platinum gives you more bonuses and sometimes those bonuses are day by day.
HOW IN ONE DAY!!!!! What city?
Great info! Thx
Good information. Is Lyft still paying that well. I drive for both platforms and in my town Uber is king. But when Uber gets slow I go see what Lyft is up to and if it is active I drive Lyft
I worked 14 hours yesterday and made $420 without bonuses (I did get a few good hotspots).
It's definitely not as strong as before, but if I put the effort in, it's still good money.
thank you for such an amazing and detailed video.
No problem! I even have an updated version of this video with way more tips:
ruclips.net/video/Rlcwm_c53mk/видео.html
Great explanation. TY.
Thanks for the tips, I have a Suburban and just started driving Lyft, it seems like I am averaging 25-30 per hour or 130 per weekday and 250 each Friday and 250 on Saturday based on 4-6 hour booked time. Any tips to optimize XLT?
If your suburban is black and 2017 or newer do only lux black and black suv ride… goin to be like 10 rides a day or less but you will make a lot of money with a little drive a day if your suburban is 2015 to 2016 do only xl and regular lux if your city don’t have lux rides I recommend to change your vehicle to a minivan or something like that or check your nearest city that have lux rides and go there
@@jminaya90 Why the black color wtf? I'm gettin' a white color car.
@@JR-90 lyft want a black vehicle to do lux black/black suv… only has to be black outside
YOUR LOCATION LOCATION LOCATION IS VERY IMPORTANT INFO, BRO!!
You left out a very important figure! Your LOCATION!!
Not everyone will make the same as you even in the same city! You have to be in the right market and the right vehicle and know your market to make that kind of money!
Are you driving only LyftX or do you also do XL, Lux, or Lux Black? Again, that's a very important detail you left out!
If you work in Waikiki, you can get rides via queue, but that take a lot longer time for mostly short rides, unless you are heading to the airport. I also try to do one or two, but better to work outside of that tourist destination. I agree hanging at the airport queue, isn't always the best way to make money, especially during off times. But, during peak times, usually can make money.
You are an inspiration I don’t know how you physically do it
So you have to drive for 17+ hours in order to make that? Also, the pay differs by the city…I live in Orlando and there’s no way that any driver here will EVER make that especially on a consistent basis. I love this for you but is this what you make every week or did you get lucky? I think it’s important to give some disclaimers that this is not the norm. You don’t want to give False hope
Hello I am curious, what area do you drive in? I am just wondering if it be worth doing in my area
That's a good question. He never said what type of area he works in and that's a big big factor! $500 a day in a major city is not surprising. But if you live in a smaller more rural area then it's probably not possible at all
Remember you dont make 500 a day. You must subtract taxes, gas and toll money reimbursement.
great video, thanks
Thank you for watching and for commenting. Have you seen the video on Skeddy that I made? That'll help increase your earnings too.
Really informative video, eloquently said and I learned a lot. Thumbs up 👍🏽!
Do you have lyft lux or black suv? How did you make 500 without incentives?
Easily the best video on lyft. Thanks man.
Easily the best comment on my channel!
Nah, it's now the second best video. Here's the current best: ruclips.net/video/Rlcwm_c53mk/видео.html
Is it better money for airport rather than small rides?
AirPort is good to start the day off but make sure you make pick ups on the way back to the airport
17 hours, I only do about 4 to 5 hours max, how do you drive for so long????
You build your way up to it. I've been trying to make this video for a while but I had to build up the mental fortitude to do it.
It's changed my sleeping habits permanently in a way that I enjoy.
I'm able to do okay off of 5 hours of sleep
Angeliz225 he is being honest you have to build up to that and most importantly in my opinion when you learn the app and your market to the point its easy to hit big numbers something happens to you mentally to easily keep going day in day out
I drove 11 hrs a day. 4 days a wk
What city and state are you driving in I’m in dfw with 2 huge airports and not seeing these numbers
How do you track your expenses? And also the mileage?
What is this online 17 hours and one minute? Is there no longer an online limit using Lyft? It should have logged you off before that, or am I incorrect?
Let's say you start driving at midnight on June 1st. You stop at noon because that's the 12 hour limit. You take your mandatory 6 hour break then start up again at 6 p.m. It's still June 1st so you can add another 6 hours of driving time before it changes into June 2nd. 12 + 6 = 18 hours in one 24 hour period. Of course Lyft starts and ends their day at 5 a.m. (4 a.m. for Uber) but you get the idea.
Buy used toyota prius, they are reliable and they use 47mpg, newer models even more then 50mpg. With 120000$ a year you would save probably around 10000$ on gas.
You are super correct. That's actually my plan! I'm going to buy an additional car and then put my Jetta on Turo. Since Volkswagen is like the middle ground of affordability and brand image, I think it'll do well.
@@FutureRideshareMillionaire That's funny cause i have a vw jetta on turo and i just got prius for ridesharing only, avoid 2010 model prius because they consuming oil due to the bad design of the engine, anything below and above 2010 will save you ton of cash and they dont break down, the battery last longer if you use them a lot thats why uber and lyft drivers love them, plus gas economy especially with unstable gas prices. I like your channel, you got likes and a sub, good luck bro.
What type of car you drive? year/miles/mpg?
What city do I live I live in Charlotte NC I average 135 rides a week during peak times and pick up streak bonuses,the most I ever made with flex drive is $1100,I pay them $413 for rental
I've been driving cabs for 20 years plus 4 years with with one of the rideshare companies I don't want to state which one, unfortunately I happen to work in one of the worst markets in the United States and you would think Orlando is fantastic but it is so overcrowded with drivers making $200 is only top driver status out here and I know all the cities that are Killin it making double and triple on a daily basis, but I get $200 in 8 hours and we go long stretches of time with no bonus streaks because there's too many drivers‼️😣
Same bro, I stay in Kissimmee I drive all the way to Altimonte spring rideshare around there I usually leave with 350. There’s good rides out there and around 8pm the rides are back to back non stop. Just be careful cause there’s some shitty long distance rides.
@@regularpaul8142 exactly make $44 going all the way out to Haines City getting no tip now you're basically 32mi from even Disneyland stuck in a dead zone
@@ramzdalastpharoah exactly, you would think being in the biggest tourist state we would make a lot more. My cousin drives all the way to Tampa/clear water and says he makes 3x more than he does in Orlando. I just can’t imagine driving 2 hrs just to drive 8 hrs then drive 2 hrs home.
The problem is with the greater Orlando area too many people have tasted that $300 and a 9 hour shift and decided to make it a full-time job and once again we are way overcrowded with drivers and greater Orlando is probably one of the few markets that is I actually read it's the worst market to currently be driving in you can go from 200 day to 65 the next day those type of things did not happen to me up until the last 6weeks never before +gas is up so far eight and a half percent with no increase from the rideshare company 🎯
Because they only pay $0.56 per mile,that's not the case in most states,they pay over a dollar per mile,that will make a huge difference ⛔️⛔️⛔️⛔️⛔️⛔️⛔️⛔️⛔️
Does lyft limit you to 12 hours driving time then 6 hours break and then another 12 hours limit?
You got it.
Remember when you are on your way to picking up a passenger and have them in your car until the trip is completed, if you wreck and cause the wreck it's $2,500 deductible.
I have an emergency fund.
I’m about to start with Lyft.. Last thing to do is my Rideshare Inspection. Looking for vids like this. My head hurts after this video though lol.. #2muchmath
Hey thanks for posting this. Anyone know any pointers for Houston,TX?
I wonder how much car maintenance you need I recently got an electrical vehicle and a small one beer then left Rental wanted to try it out today I got deactivated for Dev that I am mobility device despite trying every single angle to put the wheelchair in the car
love this!!! Might get back into it!
It's a lie. Depends on where. Texas is slaw!!! I'm getting off this plat form and focus on something better and guarantee