How to Make Money Driving with Uber

Uber's pitch to new drivers makes it seem like the ideal opportunity–no set hours, no boss, no office, and the possibility to earn good money.

So what is the actual reality for an Uber driver-partner? Can you make good money?

The short answer is yes. But you have to be smart about it.

Harry Campbell, friend and founder of The Ride Share Guy website says this about Uber:

“Like with many jobs, there are positives and negatives and Uber specifically has great flexibility so you may find that that part sells itself.”

Here are our tips on how you can try to make the most money as an Uber driver-partner.

How to Get Started Making Money with Uber

To get started, some things you will need are an eligible four door vehicle that is in good condition, your driver's license, registration, and regular car insurance.

You may need to get your car inspected to make sure it's in good working order, but Uber can actually help you with this.

You can also sign up at an Uber Greenlight Event, and the company will approve all of your documents and car on site for free so that you don't have to go get your car checked out. This saves time and money.

Drive Smart, Not Hard with Uber

Part of the point of driving with Uber is being able to make your own schedule. While you have not set hours and can technically drive whenever you want, to earn more money you'll want to drive during times of high demand. This varies depending on the city, but can mean morning and evening commute times, during big conventions, events, or concerts, and around bar closing time.

Sometimes Uber will even send emails about when it thinks it will be busy and give you extra earnings for driving during those times. There is also the high possibility that you can take advantage of surge pricing during busy times as well, which gets you a lot more money per ride. You can decide to only drive during the busiest times.

Be Wary of Uber's Texts

Uber sends its drivers notifications on where hot spots are for rides, or where an area with surge pricing is, but they actually do this to get more drivers to that area to drive the pricing down. So it's very likely that you'll drive to the area they suggested only to get a regular fare.

In general, it's better to not drive around too much without passengers in the car because that is all time that you're not earning money.

What's the Downside with Uber?

The earnings can be unpredictable. While this is common with independent contractor opportunities, it can be especially true of Uber because you are dependent on other people using the Uber app.

You do have to drive a decent amount to earn a sufficient amount if this is going to be your only source of money. But if you use these tips to drive smart, not hard, you can earn good money with little effort.

Get started at www.uber.com.

Bonus: Make Money with Uber Without Driving

The best way to make money with Uber without actually driving is to refer friends and family to make extra $$.

If you enjoy helping others get started driving with Uber successfully like you do then I think the referral program is a great idea and should be considered. It can be a huge reward to what you're making simply as a driver-partner. But if you don't enjoy the driving to begin with, then participating in the Uber referral system isn't going to be fun for very long.

What's your take? What are your best tips for making money with Uber?

Comments

  1. Jacob Miller says:

    I have been driving for Uber and make far more than minimum wage. I would like to add that the key is not chasing the surge and once you drop off park asap so as not to burn up gas waiting for your next trip. Thanks for the other tips it was helpful.