We’re all aware now that Uber and Lyft engage in some type of upfront pricing (charging customers more/less and giving drivers more/less depending on the algorithm). That’s why it always makes sense to drive for both – you can take advantage of Primetime (Lyft) or Surge (Uber), plus bonuses, for both companies.
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: How Uber and Lyft drivers are making more money