2. It may be advantageous to drive for both Uber and Lyft.
Many drivers do this because they discover that one service may offer lower prices than another. According to the New York Times, Lyft has “cultivated a reputation for being more driver-friendly” than Uber.
3. You should be aware of the “peak” hours in your area.
That’s when you’ll make the most money per hour, because Uber and Lyft hike their rates for consumers at that time. This is referred to as “surge pricing” by Uber. Lyft refers to it as Prime Time. Peak hours are typically late at night or early in the morning — sometimes very late at night or very early in the morning — especially during concerts, sporting events, festivals, conventions, and trade exhibits.
Late-night passengers needing to get home from bars, on the other hand, pose a larger danger of becoming ill in your car. If this occurs, Uber and Lyft will reimburse you for the expense of having the car cleaned.
4. Being an Uber or Lyft driver is unlikely to be lucrative enough to be your primary source of income.
Consider it supplemental, especially if you reside in a smaller market, can’t spend the entire day in your car, or can’t travel during “peak” hours every day.
5. Joining a local Uber and Lyft driver Facebook group will help you earn more money.
If such a network exists, you can learn a lot about where and when to earn the greatest money as a driver.
6. It is beneficial to be familiar with your surroundings.
Rod Bustos, 52, of Augusta, Ga., worked with Uber for a year and said it only paid off around the Masters golf event and the Augusta Beer Festival.
Expect little business if you live in a small city or in a rural area, save during special events such as festivals.
