Now that most of my readers know I’m blogging about my rideshare experiences the first thing they always ask me is: Which company should I drive for?  They’ve seen my articles and podcasts about how I cleared over $50/hr during July 4 weekend and they want a piece of the action.  The more, the merrier 🙂

This post orginally appeared on The Rideshare Guy Blog and Podcast but I thought I’d post it here since if you’re interested in driving, it should give you a good idea of which company you should drive for.  Let me know if you have any comments, questions or concerns.

Driving For Lyft

• Sign up to drive for Lyft and get up to $750 depending on the city! (referral link)
• Get up to $20 off your first ride as a passenger

Driving For Uber

• Sign up to drive with Uber and get up to $500 depending on the city! (referral link)
• Get $20 off your first Uber ride when you sign up as a passenger.

Do Drivers Make More Money Driving For Lyft or Uber?

Lyft’s announcement on Monday that they would be bringing back commissions was big news in the rideshare world.  Obviously there are a lot of upset Lyft drivers out there but that’s why it’s more important than ever to drive for multiple platforms.  I’m not happy with the commission increase but we knew it had to come back at some point.  Businesses can’t just lose money forever.

Since I drive for both Uber and Lyft, I’m always concerned with how much each platform is paying.  In the past, it’s actually been pretty tough to keep up with the ongoing price-war between Lyft and Uber.  There have been times where I honestly didn’t know how much I was getting paid.  Some fare reductions would be covered by Lyft and Uber and others were covered by me!

The one thing that remained constant though was Lyft’s 0% commission.  For many months, Lyft has been the cheaper option for passengers and the higher grossing option for drivers.  Obviously things swing drastically towards Uber during surge/PT but during regular hours Lyft always had the upper hand.

Related Article: Guess How Much I Made Over The July 4 Weekend (Podcast) [Read more…]