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I'm thinking of a possible career change and have been offered a job with a taxi firm ๐ค. They said they would give me a car with everything paid for but in return i give them 60% of the fares made and i keep 40%. All tips made will be kept for myself ๐. The only thing that worries me is the money to be honest. I know everyone has quiet days and also very busy days but I'm not entirely sure how much I'd make in 4/5 days or nights work ๐ค.Anyone on here able to give me any advice or an insight of what money I'm actually going to make doing this?Thanks in advance โบ. I'm thinking of a possible career change and have been offered a job with a taxi firm ๐ค. They said they would give me a car with everything paid for but in return i give them 60% of the fares made and i keep 40%.
All tips made will be kept for myself ๐. The only thing that worries me is the money to be honest. I know everyone has quiet days and also very busy days but I'm not entirely sure how much I'd make in 4/5 days or nights work ๐ค.Anyone on here able to give me any advice or an insight of what money I'm actually going to make doing this?Thanks in advance โบ.
Why?My wife works in telematics selling dispatch systems, but still uses uber for her personal use and from what I can see as a uneducated, infrequent user of taxis there service is tge future.The last time I used an uber, we were at the science museum with my son, there was a bomb threat and the area shut down. By the time we walked to the end of the road she booked a vehicle, obtained his details and got a price of ยฃ17 to travel half way across London. As we crossed the road the driver pulled up! Why?My wife works in telematics selling dispatch systems, but still uses uber for her personal use and from what I can see as a uneducated, infrequent user of taxis there service is tge future.The last time I used an uber, we were at the science museum with my son, there was a bomb threat and the area shut down.
By the time we walked to the end of the road she booked a vehicle, obtained his details and got a price of ยฃ17 to travel half way across London. As we crossed the road the driver pulled up! Where to start? Drivers working 18+hours a day as Uber take so much they can barely keep their heads above water.
It all sounds fine and dandy in the begining, but it turns sour very quickly as many are now finding out.From a customer point of view, when your wife uses one, how does she know the car is insured? Is it properly licenced? Is the driver licenced? DDoes he/she have a criminal record as long as your arm? With Uber there is no way of knowing.
And what about 'surge pricing', are you happy paying 3 times more for your journey just because its a busy period? It isnt with uber(i did think about it), it's with a new start up company based in Midlothian. They have struck a deal with Edinburgh council meaning they can either drop off and pick up in Edinburgh as long as the customer starts or ends in Midlothian. There is talks of branching to East Lothian aswell.The guy has giving me a choice of cars (4 to 8 seaters) to drive so I'm 100% comfortable and they will be running a ยฃ175,000 state of the art GPS/Booking system. Also all the cars will have a Panic button in case of emergencies, just in case something does happen.My partner says go for it and my heart says go for it as i currently hate my job but not sure if i can match or better my current wage ๐ค. I've been giving the option to have a few nights/days work to see if i enjoy doing it and i can take it from there. Just wanted to see if anyone has any good advice or horror stories to sway my decision one way or another ๐.
It isnt with uber(i did think about it), it's with a new start up company based in Midlothian. They have struck a deal with Edinburgh council meaning they can either drop off and pick up in Edinburgh as long as the customer starts or ends in Midlothian. There is talks of branching to East Lothian aswell.The guy has giving me a choice of cars (4 to 8 seaters) to drive so I'm 100% comfortable and they will be running a ยฃ175,000 state of the art GPS/Booking system. Also all the cars will have a Panic button in case of emergencies, just in case something does happen.My partner says go for it and my heart says go for it as i currently hate my job but not sure if i can match or better my current wage ๐ค. I've been giving the option to have a few nights/days work to see if i enjoy doing it and i can take it from there. Just wanted to see if anyone has any good advice or horror stories to sway my decision one way or another ๐. It isnt with uber(i did think about it), it's with a new start up company based in Midlothian.
They have struck a deal with Edinburgh council meaning they can either drop off and pick up in Edinburgh as long as the customer starts or ends in Midlothian. There is talks of branching to East Lothian aswell.The guy has giving me a choice of cars (4 to 8 seaters) to drive so I'm 100% comfortable and they will be running a ยฃ175,000 state of the art GPS/Booking system. Also all the cars will have a Panic button in case of emergencies, just in case something does happen.My partner says go for it and my heart says go for it as i currently hate my job but not sure if i can match or better my current wage ๏ค. I've been giving the option to have a few nights/days work to see if i enjoy doing it and i can take it from there. Just wanted to see if anyone has any good advice or horror stories to sway my decision one way or another ๏.
I run a cab firm(Private Hire) in Surrey and have been involved in the game for 20+ years. It isnt with uber(i did think about it), it's with a new start up company based in Midlothian. They have struck a deal with Edinburgh council meaning they can either drop off and pick up in Edinburgh as long as the customer starts or ends in Midlothian. There is talks of branching to East Lothian aswell.The guy has giving me a choice of cars (4 to 8 seaters) to drive so I'm 100% comfortable and they will be running a ยฃ175,000 state of the art GPS/Booking system. Also all the cars will have a Panic button in case of emergencies, just in case something does happen.My partner says go for it and my heart says go for it as i currently hate my job but not sure if i can match or better my current wage ๐ค. I've been giving the option to have a few nights/days work to see if i enjoy doing it and i can take it from there. Just wanted to see if anyone has any good advice or horror stories to sway my decision one way or another ๐.
How Much Do Black Cab Drivers Earn In Edinburgh
You don't mention fuel. Does the deal include fuel or do you have to pay for it yourself? If its the latter then I can see you going broke very quickly indeed. I can quite happily burn ยฃ150 worth on a fairly average week. At 60/40 even if the company fuels the car you're still going to have to take ยฃ700 per week to make a living.I'm not familiar with the geography of your area, but from your description I guess you live out in the sticks a bit? Again I would be a bit wary, if you're relying on trade in and out of the city is there enough to keep you going, would you be better off looking at driving for a firm based in the city so you can pick up some town work?
What sort of work does the comapny have? IS it all cash/address work? This can dry up very quickly in lean times, particularly after christmas. Do they have any corporate accounts? A lot of drivers don't like doing account work for tax reasons but in my experience account work generally keeps going year round unlike the fickle cash work.
What about school runs? They can be quite lucrative but again you can't rely on them due to holidays so other work to fall back on is a must.Not trying to put you off, just a few more things to consider.
I've been doing it for the best part of 15 years. Its swings and roundabouts. Bad things are such as no sick/holiday pay, fuel prices, insurance costs, breakdowns, long hours sometimes, idiot passengers. Good things are flexible hours, start when you want finish when you want, don't work if you don't want to, being out and about, not being stuck in an office all day, seeing different parts of the country you wouldn't otherwise visit, really lovely passengers.You'll never be rich, but if you get your head down and work hard you'll earn a living, and without anyone breathing down your neck (except the wife ). Like I said I've been driving for 15 years and I couldn't go back to a normal job now, I did actually start one two years ago, lasted 18 months before I jacked it to be my own boss again.I'm not trying to p.
I would be going self employed but using the guys car hence the 40/60 split. Fuel is done on his account so it's another thing i don't need to worry about โบ. Being only 24, I've never been self employed. I've worked for the same building company for 7 years now but it's beyond a joke now as my boss basically blocked me from moving up the ladder and making ยฃ100-ยฃ200 extra a week and there's literally nothing i can do about it ๐ก. I enjoy driving, i don't mind traffic or people to be honest so thought I'd give it a shot. The private licence is only ยฃ63 so i could even try it for one night and if i don't like it then it's not a big loss, possibly a small profit?
All I'd say is think carefully about it - especially about the numbers. Two guys l play with both tried and both gave up because of the hours they needed to put in to make it worth it. That's not to say it wont work for you.I'm not in the business so don't know what 'normal' is but a simple example in round numbers.On a 60/40 split you need to take ยฃ1000 per week to get ยฃ400 for yourself. That's 100 ยฃ10 fares per week or 20 per day for a five day week. I live in London and only pay about ยฃ11 for a 3 mile 20 min journey home from the golf club at midnight.
20 twenty minute fares is already 6 1/2 hours without any gaps between pick up and drop off. There is a lot of waiting around between fares. How long per day will you need to be on duty to get 20 fares? You'll lose about ยฃ40 of that ยฃ400 by paying tax, leaving about ยฃ360. And like others have said, there's no holiday or sick pay in there.Do those figures work? Multiply or divide the numbers to see how they work in respect of what you want/need/expect per week.Ok, my numbers are only 'made up' - but they are the sort of calculations you need to do to help you make up your mind.
Taxi driversโ incomes vary widely because their wages partly depend on the number of hours they work and the tips their passengers provide. The mean annual salary for taxi drivers in 2010 was $24,580, according to the U.S. Bureau of Labor Statistics.
Drivers' average pay per hour that year was $11.82. However, the location of taxi drivers also has a significant impact on their wages. New York City drivers earned above-average annual pay in 2010 at $30,650, and their average hourly pay was $14.74. Wage Comparison.
Overall, taxi drivers throughout the state of New York earned less than drivers who worked in New York City in 2010, but they still earned above-average wages. Bureau of Labor Statistics data show that the average annual pay of New York drivers that year was $28,160, and their average hourly pay was $13.54. The bureau lists Washington, D.C. Among the top-paying areas for taxi drivers. Washington, D.C.
Drivers earned mean annual salaries of $35,290 in 2010, and their average hourly pay came to $16.97 that year. Taxi drivers in New York City and other cities may see an increase in earnings through 2018. The Bureau of Labor Statistics expects drivers to get more business as the tourism and business travel sectors grow through that year.
The growing senior citizen population in the U.S. Also may increase business for taxi drivers as more seniors rely on drivers to transport them around cities. The bureau estimates that the overall employment of taxi drivers and drivers in related occupations will increase 16 percent through 2018, adding about 36,000 jobs to the sector. 2016 Salary Information for Taxi Drivers and Chauffeurs.
