Monday, June 1, 2015

Reliability and Cost per mile: An #Uber driver who buys a car and really wants to be a business professional needs hard numbers, not hunches, rumors, guesses or wishful thinking.

If you cannot understand this you probably shouldn't be in business driving your own car. 

Someone might have convinced you that cost per mile doesn't matter. Here's a clue: Cost per mile is the name of the game. 

According to Consumer Reports the most economical car to buy is the Prius hybrid which has a five year cost per mile of 47¢. This is the bottom number crunching line.


Brian Cole is a pauper self styled Uber guru who sells a line of ignorant shit on YouTube. If you listen to bozos, chumps and hucksters you are lost.

Cole says he's driven for Uber and Lyft for eight weeks and he's made eight thousand dollars. Or maybe eight thousand eight hundred dollars. He drives an economical Prius and says he drives eighty to ninety hours per week. Let's crunch the most optimistic numbers to see how much Brian Cole really makes:


The raw gross income is $13.75 an hour. Let's say Brian Cole averages eight miles an hour. That's means that his real income is $13.75 - $3.76 or nine dollars and ninety -nine cents. Compare him to an hourly minimum wage employee in his home state of Ohio:
$8.10 per hour. The minimum wage employee gets time and a half for overtime, meaning $12.15 for the second forty hours, is $12.15 an hour. It adds up to $8,100 or $700 less than Brian says he makes. The minimum wage employee gets disability insurance and workers compensation insurance too. Also unemployment insurance. The minimum wage employee gets half his Social Security and Medicare paid for by his boss. Brian pays his in full. If he gets sick he doesn't pay his boss, but if Brian gets sick he still has to pay the car note and insurance. Brian Cole probably doesn't think he's a taxi driver but he is. He's in one of the most dangerous jobs there is. He has no workers compensation insurance or disability insurance.If Brian Cole isn't paying taxi rate insurance he may be found to be committing insurance fraud. That's why they have prisons in Ohio.  He thinks you ought to join him.



1 comment:

  1. That man needs to be reported immediately. As a driver and passenger, I would expect this man to be immediately cut off from all Uber services and banned for good.
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    Steve Ortan

    http://www.dectar.com/taxi-dispatch-software/

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