Showing posts with label UberX. Show all posts
Showing posts with label UberX. Show all posts

Saturday, May 30, 2015

From what I gather UberX is no longer an option for earning a living.


Uber does count on mathematical illiteracy fostered by our wonderful system of education. Once a driver wakes up and smells the coffee he/she will probably want out. A problem arises for the ones who are trapped in a sub prime 22% interest sub prime auto loan.


While I am not a lawyer or a financial advisor, I want you Uber drivers who feel like your backs are against the wall all to know that your credit score is already shot to shit so there might not be much of a downside in either just walking away from the car, and/or filing bankruptcy. It's hard to face the realization, it's a bitter pill to swallow, but your alternative may be a physical and mental collapse. You just cannot keep going out there banging your head against a freaking wall.

uberdriverdiaries.com

Tell the judge that you went broke giving bottled water to cheapskate millionaires. 

Sunday, May 24, 2015

How Uber drivers Jack up their fares and it doesn't matter to me.

Many Uber drivers are clever, and in it for the money. In New York City, where Uber X drivers are licensed by the Taxi and Limousine Commission as livery drivers, surge prices are important to the professional Uber X drivers and these higher prices are important to driver income in many other cities. Uber uses an algorithm that determines the balance between passengers and vehicles on an ongoing basis and when the cars are in greater demand than they are available the fare goes up. Some Uber drivers are taking the situation in hand and trying their hand as surge rain makers. One Los Angeles Uber driver posted a "how to" video that didn't stay online for long. On the forum Uber drivers discuss how to make a surge happen. Their methods include cancellation while en route to a pickup and manipulation of the rider app, which many travel with.

I'm a yellow taxi driver in NYC who so far continues to benefit from Uber drivers activity. I drive for a fleet and all of the fleets are experiencing driver shortages during most shifts. Many taxi drivers went to Uber. At the same time business for the individual yellow taxi drivers still driving yellow doesn't seem to have been negatively impacted, not yet. In other words the decline in yellow taxi customers (which I think is being exaggerated) is matched by a decline in the number of yellow cabs on the streets. The danger lies ahead if Uber makes another leap and taxi owners who can't cover their shifts are driven out of business. Right now Citibank is trying to repossess 90 medallions currently held by Evgeny Friedman, the taxi mogul everyone loves to hate. Friedman hopes to be awarded "too big to fail" status. He controls 800 medallions. It's possible that if these medallions are put on auction by Citibank 14 billion dollars of value could evaporate in New York City and a domino effect may then hit other cities. I'm not a medallion owner.


Attention Uber NYC drivers who feel like they've had enough abuse from Uber.

You probably can escape the fate of an Ubered driver  and become a taxi driving business man or woman. I'm not going to tell you that driving yellow in New York City is the perfect life, but it probably beats driving UberX by far and if you want it driving yellow taxi now opens a door to really having your own small business.

This is a real print out of a real yellow taxi driver's income for a long, hard, rewarding day of work. I figured that this driver made over $240 clear after lease, fees, and customary tipping back.. I estimated his expenses on the high side.

If you own your Uber car you can probably convert it to a yellow taxi. You also would have the option of having one or two drivers working under you and earning money for you while you rest or enjoy a day off.

Yellow taxis will soon have e hail apps installed. I oppose the apps on safety grounds and there are court cases now ongoing that might result in the apps being banned or changed. Yellow taxi drivers and owners feel pressured to use e hail apps. The driver apps will not use smart phones but will be installed in already existing equipment that is used for communication purposes.

If you want to know more about switching from Uber to Yellow you can contact Queens Medallion Leasing at 21-03 44th Avenue Long Island City right next to the upper roadway exit on 21st Street during normal business hours or other taxi management company.