Drivers for the rideshare companies are seeing much of their pay go to expenses while Lyft and Uber prepare for their IPOs
For over a year Rob Mead has worked as an Uber driver in Reno, Nevada, to supplement his income as a public sector worker. Now he’s wondering if it is worth it. “After gas, added monthly rideshare insurance, wear-and-tear, constant oil changes and taxes that $300 for 30 hours of work I thought I made in a week actually averages down to about $90 after expenses,” said Mead.
Related: ‘I’m so done with driving’: is the robot car revolution finally near?
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