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Comment by JMTQp8lwXL

This is why I don't understand why people take gig jobs. Think of the opportunity costs. First off, Uber drivers don't make that much. Then you have vehicle depreciation and maintenance costs. You need to carry an insurance rider that covers rideshare driving. You also need to pay for your own health care. When you add up all these expenses, plus the desire for a living wage, there is no way drivers can be making enough with current rates. When people say you're essentially borrowing against the cost of the vehicle, I don't think they're being gratuitous. There may be low friction to entering the rideshare space by being a driver, but there are plenty of hidden costs.
parent JMTQp8lwXL 7 years ago

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