Is working LYFT worth it?

Is working LYFT worth it?

Being a driver for Uber or Lyft seems like a great side hustle. However, after the costs of driving strangers around town you might not earn as much as you’d think. New Lyft drivers can even earn a $300 sign-up bonus after completing 100 rides in 30 days.

How long can I go without driving for Lyft?

On Lyft, you can go as long as you want without driving for them and still stay an active driver. That’s a nice thing for driving for Lyft. You do want to make sure that you keep all your insurance documents and everything like that up-to-date, which should be pretty easy.

Can you live off being a Lyft driver?

Yes. Better yet, you can make a living driving Lyft WITHOUT owning a car or independently paying for insurance through a program called Lyft Express. In a average to good week, I can make nearly $1,000 in a week after all expenses.

Why do I have to be 25 to drive for Lyft?

There are no exceptions to the age requirement. 21 is a fairly low age requirement, so driving for Lyft is a good gig for younger drivers. But now that the age requirement has been increased to 25 or older in many cities, many potential drivers may now be too young to drive for Lyft.

How old do you have to be to drive a Lyft car?

Lyft Age Requirements. To apply to drive, Lyft requires you to be at least 21 years old, though you only have to be 18 to use Lyft as a passenger. You’ll also need to have held an active U.S. driver’s license for at least one year. This ensures that you’re not only old enough, but also have sufficient driving experience.

How much money do you make driving for Lyft?

I’ve been driving for Lyft and Uber for almost one year. People always want to know how much money I make driving for the two companies, so I decided to track every penny I made for one week. The final tally was about $257 for less than 14 hours of work — or about $19 an hour.

How to become an Uber or Lyft driver?

Visit Business Insider’s homepage for more stories. About a year ago, when I first thought about signing up to become an Uber and Lyft driver, it seemed like the job was just too good to be true — a flexible job where you can make money and work whenever you want, with no minimum hours, no required uniform, and no angry boss?

Do you have to have driving record to be a Lyft driver?

To meet the Lyft driver requirements, you’ll need to have your driving record checked. Lyft uses a third party to check this information (except in the case of New York City, which has different laws that we discuss below).