The ridesharing service, Uber, has become a household name and has transformed transportation options as we know it. Uber connects drivers and passengers through their mobile app. Passengers can secure a ride quickly, while Uber drivers can make extra money in their free time, with resources they already have.
If you have a new car, a smartphone and a clean driving record, driving for Uber could be a good side hustle for you. Driving for Uber offers a flexible schedule, allowing drivers to make money driving any time and any day of the year.
How much you make can vary, and Uber offers incentives to keep their drivers happy and earning more money. The most notable incentive for drivers is well-known to Uber users—“Surge Pricing,” which allows drivers to earn more when there is a high-demand.
In the most popular markets, Uber drivers can earn more than $19 per hour.
What you need to get started:
• A driver’s license
• A smartphone
• A qualified 4-door vehicle (each location will have its own vehicle requirements)
• Car insurance
• A Taxi and Limo Commission license and registration (for New York City drivers)
• Vehicle registration
• Must be 21+ years old
Downsides to consider:
• Wear and tear on your car
• You pay for your own gas (though you may be eligible for an IRS mileage deduction)
• Dealing with unruly or inebriated passengers
• Unforeseen downtime between calls .