Here’s How Much You Need to Drive for Uber, Lyft and Sidecar to Cover Your Car Insurance and Other Costs

Rideshare companies are always promising high amounts of easy money in order to recruit drivers but these promises of easy endless money do not always show the public the full truth. Luckily NerdWallet crunched the numbers for us to see how many rides drivers for Uber, Lyft, and Sidecar would have to provide to pay for their car ownership costs such as insurance, gas and repairs. They also calculated how many rides are required for drivers to make $50,000, $75,000 and $100,000 in gross income. Check it all out in the infographic below and to learn more visit NerdWallet!

How many rides does it take to pay for insurance?

 

Via:NerdWallet