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Lyft driving

savan

savan

11B
Joined
Nov 10, 2011
Location
San Mateo
Moto(s)
Feisty red head 2004 MV Agusta Brutale 750s, Sold Back from the dead 2000 RC51, Sold 94 VFR 750
I hav been doing it for a couple of months now and the money is not bad on a busy day they are not kidding about the $35 an hour. But normally I come out with about $27-$29 an hour. Requirements are
have a smartphone
2000 or newer car
4 doors
Insured
Registered
They do a driving record check.

My experience with it has been good so far no crazies some drunks on the weekends I only do maybe 6 hours a week. Scheduling is super super flexible you don't check in with anybody just openuup the application on your phone switch it to drive mode and start picking folks up.

If you have any more questions feel free to pm me

Here is the lynk
http://bit.ly/ZqwTC3
 
thanks for the feedback. i meet all the requirements but one....
 
How is this

even legal. Don't you need a commercial license to drive for hire? Doesn't your vehicle need to be inspected? I'll bet your insurance won't cover you if you use your vehicle for commercial purposes.
 
Hmmm, I could see someone with light truck helping bring home Christmas trees,bag of mulch, tables for parties. Will keep this on mind for junior when he sticks hand out for gas money.

Commercial required for over 15 passengers.
 
Navas said:
But normally I come out with about $27-$29 an hour. Requirements are

Insured
Click to expand...

Have you checked with your insurance company to see if you're covered while driving for hire? I suspect they will deny coverage in that situation, meaning you're not really insured...
 
dravnx said:
even legal. Don't you need a commercial license to drive for hire? Doesn't your vehicle need to be inspected? I'll bet your insurance won't cover you if you use your vehicle for commercial purposes.
Click to expand...

No you don't need a commerical license. From the Lyft website:

"In order to be approved, you must pass a phone screen, an in-person meeting and background & DMV record checks."

Also:

"Cars must be model year 2000 or newer and each must pass our vehicle safety inspection before a driver hits the road."

Lastly:

"$1,000,000 excess liability insurance: The Lyft platform provides drivers with excess liability insurance up to $1,000,000 per occurrence. This first-of-its-kind solution offers peace of mind to both drivers and passengers."

Edit >> They also say this in the terms and conditions: "The policy coverage is limited to liability only and does not provide coverage for collision, comprehensive or wear and tear damage to a Driver's vehicle."
 
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catch2otwo said:
how is this different from being a taxi?
Click to expand...

Lyft is able to operate without the traditional taxi medalians because they work on a donation based system. When you get dropped off, the iPhone application decides on what your "donation" will be based on the distance travelled. You can add more money on top of that donation if you want, but you don't have to. It's basically the same way Uber works from my understanding.

The awesome thing about Lyft is that it's reliable, there are almost always drivers available, and it's always less expensive than taking a cab. Plus the drivers are much nicer and more personable than cab drivers.

I've lived in the city for 6 years and have had (like most residents here), terrible experiences with normal cab drivers. Sometimes they'll refuse to take you to an area where they know they won't get a lot of fares, and other times they'll pretend to have a broken credit card machine and try to make you pay with cash (this one happens a lot). They are also ALWAYS on their cell phone with someone, and drive like complete maniacs.

After I signed up for Lyft, I haven't taken a cab once. I'm almost always able to get a Lyft car within 10 minutes or less too.

Disclaimer: I don't work for Lyft, just a huge fan!
 
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P90Wex said:
Lyft is able to operate without the traditional taxi medalians because they work on a donation based system. When you get dropped off, the iPhone application decides on what your "donation" will be based on the distance travelled. You can add more money on top of that donation if you want, but you don't have to. It's basically the same way Uber works from my understanding.

The awesome thing about Lyft is that it's reliable, there are almost always drivers available, and it's always less expensive than taking a cab. Plus the drivers are much nicer and more personable than cab drivers.

I've lived in the city for 6 years and have had (like most residents here), terrible experiences with normal cab drivers. Sometimes they'll refuse to take you to an area where they know they won't get a lot of fares, and other times they'll pretend to have a broken credit card machine and try to make you pay with cash (this one happens a lot). They are also ALWAYS on their cell phone with someone, and drive like complete maniacs.

After I signed up for Lyft, I haven't taken a cab once. I'm almost always able to get a Lyft car within 10 minutes or less too.

Disclaimer: I don't work for Lyft, just a huge fan!
Click to expand...

So since its a "donation", is it optional? If not, then hows that different then a cab fare? :laughing and do you need a big pink mustache?
 
catch2otwo said:
So since its a "donation", is it optional? If not, then hows that different then a cab fare? :laughing and do you need a big pink mustache?
Click to expand...

No there's a required "donation" that supposedly includes a tip for the driver...but if you feel inclined to tip more, you can add to the donation when the ride is over. I don't think it's really a "donation" but they have to legally call it that so that the drivers don't need taxi medallions. It's all done from your phone and linked credit card which is cool and makes the whole process really easy...just get in the car and get out when you get to your destination.

I'm not sure why the distance always ends up being cheaper than a cab...it must be calculated differently somehow.

And yeah, they're required to put those huge pink mustaches somewhere on the front of their car. I've had a few drivers who put then on the dashboard facing out instead of directly on the front of their car...must be a bit embarrassed :laughing
 
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Another cool thing about it is that there is a rating system for drivers and passengers. 1-5 stars. If the driver sucks balls you can give him or her a one star rating if there is continuous low ratings of the driver he she will be shot and disposed of accordingly. Same goes for passengers passengers get low ratings then he or she will be eliminated by assault__________ (insert what you wish)
 
CPUC

Looks like the Cal Public Utilities Commission and Lyft have come to an agreement. The question of taxes could be tricky. If you are making a profit, you would have to claim it as income but if the ride share is a donation to cover the direct operating cost of the ride, it is not income. I'm no tax expert but thats how the IRS looks at sharing airplane expenses and I'm very familiar with this.
 
Matzoballa said:
Ok question, would it be worth being a Lyft driver full time?
Click to expand...

I have met a couple people who are doing Lyft full time and are making decent money I don't know if I would do it full time for long but in a pinch yes.

Tax thing I will get to you guys on that I will email support and give you guys the answer straight from the horses mouth.
 
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