Update 1/14/2015: As of today, Uber is giving experienced rideshare drivers like yourself up to $500 or $1,000 (depending on your city) after you sign up to drive with Uber and complete your first trip. To qualify, you must prove your have driven on another ridesharing platform BEFORE 1/8/15.
Whenever people ask me which TNC I prefer driving for, I like to say that I drive Lyft for fun but I drive Uber for the money. Since I actually started my rideshare journey as a Lyft driver, I’ve always felt a certain amount of loyalty towards them. When I first started, the money was good, the rides were plentiful and the passengers were awesome. But then Uber came banging on the door with their $500 new driver promotion and it was pretty hard to pass that offer up.
So I sold out 🙂 I did one Uber trip, made $500 and haven’t looked back since. I now drive primarily for both TNC’s but I know that there are still a lot of you who don’t. Lyft has done a great job of building a so called ‘community’ and making their drivers feel like they are a core part of the company. This was smart business on their part but I’m still skeptical.
In Business For Yourself
As a driver, you have to remember that you are in business for yourself. It behooves you to do everything that you can to make your business as profitable as possible (while still trying to have some fun along the way!). I think the pink mustache is cool and all but personally I haven’t really noticed much of a difference between Uber and Lyft passengers at all: they’re both awesome.
There are a lot of benefits to driving for both TNC’s and leveraging two distinct passenger bases. Not only do I believe that I get more rides driving for both TNC’s at the same time but I also think it gives me more flexibility. I can pick and choose which platform will make me more based on fare prices and I always have a back-up if one app isn’t working or something beyond my control happens.
Related Article: Do Drivers Make More Money With Uber Or Lyft?
I know some people have balked in the past at signing up for Uber because of their $10/week subscription fee but now that you can get the driver app on your phone, there’s really no reason not to sign up for Uber (at least as a back-up). And luckily, there are still a couple new driver sign-up bonus promotions available.
Lyft Drivers Get $500 for Signing Up With Uber
This promotion has been around for a while but it keeps getting extended. Currently, in order to qualify for the $500 you must meet the following terms:
Must complete 20 trips within your first 30 days to be eligible for the $500 incentive Eligible drivers must have taken at least 5 trips with Lyft from 3/1 to
7/318/31 and must prove status with a payment statement
If you’d like to sign-up and take advantage of this generous offer, please use my referral link. It’s a great way to support the site and that way we can both benefit.
New Uber Partners Get Up to
$250 $50 for Becoming a Driver
I actually wasn’t even aware that you could still get a sign-up bonus with Uber but when I logged onto my new driver dashboard this week, it looks like this offer is still available. So if you don’t meet the terms of the above offer or you want to try out driving for Uber, go ahead and sign up here using my referral link. Remember, I get a small commission for every driver that I refer and who completes the minimum number of rides so it’s a great way to support the site!
Readers, is there anyone out there who hasn’t signed up for Uber and Lyft? I’m going to start reviewing some other rideshare companies in the future so make sure that you get your sign-up bonus now before we move on to bigger and better things! And if you’re interested in signing up to be a Lyft driver, they too are still offering bonuses of up to $250 after you complete 20 rides.
Are You Keeping Track of Your Rideshare Earnings?Every 1000 business miles = $545 in tax deductions. That means you have to track your miles and earnings. QuickBooks Self-Employed helps you track all of that quickly.
-The Rideshare Guy
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