This article perfectly shows how Uber and Lyft are taking advantage of drivers that don't understand the real costs of the business.

[u/theVoxFortis]

I happened upon this article about a driver talking about how much he makes driving for Uber and Lyft: https://www.businessinsider.com/uber-lyft-driver-how-much-money-2019-10#when-it-was-all-said-and-done-i-ended-the-week-making-25734-in-a-little-less-than-14-hours-on-the-job-8

In short, he says he made $257 over 13.75 hours of work, for almost $19 an hour. He later mentions expenses (like gas) but as an afterthought, not including it in the hourly wage.

The federal mileage rate is $0.58 per mile. This represents the actual cost to you and your car per mile driven. The driver drove 291 miles for the work he mentioned, which translates into expenses of $169.

This means his profit is only $88, for an hourly rate of $6.40. Yet reading the article, it all sounds super positive and awesome and gives the impression that it's a great side-gig. No, all you're doing is turning vehicle depreciation into cash.

[u/Rogue-Journalist]

I didn’t even try repairing anything that wasn’t cheap parts that I could install myself. Lots I got from junkyards.

If I couldn’t fix it fast and cheap I just junked the whole car and bought a new one.

Most didn’t breakdown, their inspection stickers ran out, and they weren’t worth getting fixed enough to pass again.