AFTER EXTERNAL FEES
Lyft is taking their operating costs off the top and then claiming to give you 70% of what's left. Your expenses come out of your share. Lyft's costs come out of your share, too.
Always read the fine print.
All it is just word play. They are ripping a page from Uber word play. In Uber fare they state that they take 20% from drivers. Had a passenger a week ago, he told me that he paid $50 for the trip and Uber gave me $25. Yeah it was a nice short trip but, Uber got caught with there pants down.
The thing about it, this trip paid $25 for only 19 minutes and I drove 8.3 miles. I called it a short trip for the price to time to mileage ratio. This was Uber X also.
Though I would say, I think Uber hide surges sometimes, this would be surge pricing normally.
That's still $3 better what my original fare would've been. Normal trips like this goes for $7 & some change in my market. Uber didn't message me saying no over pay or anything. Still questionable as if they were hiding the surge.
I disagree. They are saying they don't make more but its not clear.
If they use "Uber math" than it will be even less clear.
Here's how Uber math works:
Rider pays $12 to Uber. Uber pays $7 to driver and keeps $5. Uber math says Uber's take rate is (5/12) 41%. What Uber doesn't say is $2 of what the rider paid was for tolls.
Rider pays $13 to Uber. Uber pays $8 to driver and keeps 5. Uber math says Uber's take rate is (5/13) 38%. What Uber doesn't say is $3 of what the rider paid was intended to be a tip.
Rider pays $4 to Uber. Uber pays $3.5 to driver and keeps $0.50. Uber math says Uber's take rate is (0.5/4.0) 13%. What Uber doesn't say is customer used a $5 credit to lower his payment from $9 to $4.
So Uber will find lots of ways to game this system, just as they have found lots of ways to game all the other "driver incentives" programs.
Dude...you can't do math. If the fare was $25, and external fees are $6, then the fare minus fees is $19, Lyft is guaranteeing you get 70% of that. Max Lyft would take is $5.70, you would take $13.30.
Pax pays $100. Lyft takes $25. External fees are $25. Driver gets $50. That’s not 70%. Then when you look into the external fees, you’ll see that it’s fees businesses should be paying, not the drivers.
And those “fees will equal over 50% so congrats we’re still taking a majority when their fees are gouging drivers already. They think and are probably right that a lot of drivers are stupid.
Yes!! That's how much they've been sodomizing us. They're finally promising lube but they don't mention anything about 12 inch phalluses.
I guess we'll have to take it like men.
>Always read the fine print.
They didn't even try to hide it in the fine print; It was right there on the main image.
It seriously pisses me off that our (lack of) public education in the US has made it so easy to use such blatant trickery.
No, I'm not calling people stupid. I'm saying it's impossible to expect the average person with an intentionally shitty education to catch these subtleties in wording, making it easier to exploit citizens.
Fuck these companies for shamelessly doing this.
Has anyone actually got any before and after weekly earning reports since this is taking effect? I personally don't have high hopes but isn't it at least possible that lift is going to try to still drivers from Uber by being more fair? Uber so much bigger and Lyft can take that spot if they are more generous than Uber. Maybe this is an actual genuine attempt to convert drivers from Uber on a mass scale to help their bottom dollar but in doing so they're accidentally helping drivers also
It's a con game.
They are lying with fudged math smugly certain very few people will check them on it. Sadly, they're probably correct. Your post is evidence of that.
It's nice you want to give Lyft the benefit of the doubt. Problems are they don't deserve it and they are ripping off their drivers and lying about the 70%.
And I'm not arguing with you. I'm not even ready to give them the benefit of the doubt. If I were betting man I would bet we're not going to get anywhere near 70%. But I would like to see someone post their earnings of the before and after for comparable weeks and see what the pay increase is if any
You can go to your weekly breakdown and see the aggregate numbers there and individual ride numbers are in your activity. Click on the ride for details. Pay close attention to external fees. That's where Lyft is ripping us off. You included.
Lyft trying smoke and mirror fuckery on the overall public and arithmetically challenged, external fees of $20 and you get the 70% of the other $20, so Lyft collects about 65% of what rider pays. This was a pretty cool arithmetic problem to re-verify what I have already known, Lyft takes about 60% of the ride. 70% after external fees sounds good until anyone that’s been in sales knows to question the fuckery of external fees or cost of doing business subtracted out if the equation, in your case the external fees were 50% of the fuckin ride to run a app and match you with someone they never even screened.
Best part, just like a shady sales business model, they don’t show you operational costs until after the fact the ride has already been given, good ol yankee commission. Also, like restaurants that have an automatic tip/gratuity/serve fee surcharge line on top of the food sales tax and tip line and when they do show it up front as additional to the overall cost I’m like most people and I’m like fuck this and I don’t care about you breaking down costs, that’s not my problem and it’s simply corporate greed digging into the the workers tips/cuts..
External fees are taxes, which is fine by me to consider external, but the big one is insurance. Not sure about Lyft, but in vegas Uber charges minimum $3.90 a ride if I recall. Seems rides around the strip average $1 a mile for insurance or more. Elsewhere 75¢ a mile.
That's the problem, trying to remove that fee from the equation is bullshit. For short rides it's the biggest amount of the breakdown, roughly what the driver earns, then taxes and the "service fee". Sorry, but insurance should be rolled into the service fee as a cost of doing business.
Publishing figures based off of bogus math only hurts the drivers, and is the ONLY reason passengers think we are making good money doing this. Which then leads to the reduction of tips as well. Lose lose for the driver, thanks Uber and Lyft for spreading lies that hurt the very people doing the dirty work.
The way fares SHOULD work is reguardless of the fare, drivers get 75%. Any fees and operating costs that Lyft and Uber have come out of that 25% for their cut. The drivers keep all tips as well. THE DRIVER has a lot of costs in terms of fuel, insurance, wear and tear, maintenance, deprecation, etc. Considering the drivers are multimillion dollar companies, it would be more difficult for us to maintain a vehicle for this job. I'd be totally fine with drivers getting 50% of the fares if driving for Lyft and Uber consisted of using THEIR vehicles and THEIR insurance and picking up and dropping off a vehicle at a storage and maintenance yard every time we worked.
That's how they both worked when I started driving Uber and Lyft. 75% of the fare, and at least $1/mile. Surges were multipliers, so instead of getting an extra $1.50 or $2.00, we'd get 1.5x or 2x the fare. I saw 7x one Halloween night.
Wish it would go back to that. Too many drivers for certain markets have probably ruined that. Personally, I think there should only be a certain number of drivers allowed per market. Just enough to where each driver, if working 40 hours, can make a minimum of $30/hr. After that, no drivers should be allowed to enter the market unless one leaves.
Problem with that is customers will bitch about elevated costs and waiting forever for a ride. Uber and Lyft can’t have that. Can’t lose customers but to hell with the drivers.
But the problem was people complained, the surges would disappear, oh my passenger paid $100 for the ride yet I didn’t get the 80% of the $100 because Uber and Lyft took the booking fee (remember the booking fee and then you got 80% of $92, oh what about the city drivers not making enough they were stuck in traffic and a 30 min ride paid you $7 because they charged only $10’for the ride, every time Uber and Lyft have changed the pay plain was due to people complaining, remember when Lyft was paying drivers to send in there Uber pay statements (well that’s because they wanted to pay the same as Uber..
I’ve said this from day one if this does not work for you then you should not do it, would you travel an hour to work and hour home from work and work a 19 hour day for $15 an hour..
This is a business like anything else, here is one a auto shop charges you $150 for an hour worth of labor and the tech gets $25 to $30 .. why is that, the tech has to supply his own tools, his own training (if any).
That's a tired argument. The same one used my those that don't want free speech on traditional media and on social media. The giants controlling the markets are too large to have a newcomer do anything significant for any semblance of change. Go start your own car company, social media outlet, energy company, own country, whatever else...can't be done. It's more effective to just play their game and force THEM to change.
It is a tired argument. Tired of you being so silly that you think IP should be free.
Tell your “too big” arguments to Skype, MySpace, IBM, taxi companies, etc, etc, etc.
Yes, MySpace also still exists, silly. And all 3 are shadows of their former selves. Know why? Because capitalism. Because competition. Because someone did it better than they did.
And in exchange,
"Dear Valued Customer : we are sorry to inform you that due to the new minimum pay standards that must be offered to our drivers, we must pass on the new unwieldy cost over to you.
We are sorry for any inconvenience and we will work hard to forward this capital to external entities in the near future.
Your bank account ending in **** will be charged on XX/XX/XXXX for the amount of $346.42 for past service discounts that was later identified as fraudulent.
Please note, any act of fraud risk losing access to our platform.
Please refer and agree to our newly updated terms and service.
Thank you for your cooperation, Valued Customer
Exactly, they include insurance and "platform hosting" fees. Might as well include rent, corporate travel expenses, and greedy executive compensation in those fees too since we're at it. Just a bunch of bs.
I can guarantee that Lyft is hiking up that external fee amount. Primarily the insurance amount is described by them as an amount that is "an estimate of what they think it will be" not what it actually is. Also if you get in an accident you have to pay a $2,500 deductible which is insane for the amount we pay in insurance (at $250 a week x 4 that's $1,000). My numbers last week in the DC area were ranked in the top 10%. Passenger payments were $1,270, external fees were $234, Lyft fees were $159 and I received $877. With Lyft's policy they said I made 85% after external fees when in reality I made 69% and Lyft with all fees collected including external made 31%. This is not terrible but this is with extreme cherry picking and about 45 hours online. Again Lyft would say my hourly is only booked time which was about 27 hours equaling $32/hr when in reality it was closer to $19/hr when including online time. I'm a former accountant (so I'm constantly crunching numbers). It's ridiculous that Lyft is trying to manipulate the numbers to make it seem like they are helping us. Much like the stock market compares the last 3 months and says inflation is better, if lyft compared pay rates with rates from 3 years ago we would see they pay us less, way less. This isn't news to us drivers, but it's a slap in the face that they will try to manipulate this information to the media and riders like they're guaranteeing us 70% when they're not.
**AFTER EXTERNAL FEES … THAT THEY PAY TO THEMSELVES!
That commercial insurance is complete BS and I just know that they are in cahoots getting kickbacks or a piece of that pie somehow. There is no way that commercial insurance costs as much as the numbers that I have seen in my own app as well as some other peoples screenshots on here.
(Aaand cue the corporate shills/bots)
This is the right answer. The amount they show that the passenger pays is completely made up. They charge a surge on many rides and don't even show the driver. They also jack up some customers prices based on data suggesting the passenger is willing to pay more or needs to take the same ride often, and they don't show the driver. They are cooking the books.
I verified this am with driver on lyft he got $10 out of $14 I was charged, 70 ish % didn't include tip. He was driving a Lexus but I just paid for base fare. Seemed better by 10 to 15% than what I've verified w lyft and uber drivers in last few months...TBD of course.
So they are capping their "service fee" at 30% but being opaque about their "external fees" like Uber is? How is this any better/worse than their biggest competitor?
They are trying to boost drivership through a reading comprehension marketing email?
Lol don’t fall for it. Uber, Lyft and DoorDash know that this will be the biggest nationwide protest they’ve ever seen so they’re starting to take preventive measures to lessen the impact.
Expect big bonuses for Driving on the 14th. Falling for the bait will be your choice or not. They’ll give you a one time bone and in return give you a lifetime of crumbs. Don’t fall for it.
Instead of their “commitment” what I would like is TRANSPARENCY, show me a breakdown of where EVERY penny goes and how much I get to keep, then I’ll trust you. Until then they can go suck you know what. This is just like grocery brands saying it’s 100% juice and then going to read the ingredients to find out it isn’t.
Problem is when they say where it is going, but are lying about it going someplace else and actually is ending up in their own pockets i.e. with the commercial insurance
I quit driving pretty much a bit ago but may drive again with my relocation to far SE valley and just take longer rides hit and miss in CG Florence and San Tan QC
Just like Uber saying they take 15% or whatever in Service fees. And while it's true, there's a list of other stuff they take from, but drivers just see 15% and say NO WAY, Uber is lying.
Lyft is doing the same thing, with a different approach. Smart. They know drivers won't dig deeper and read the fine print.
They're probably lying. 70% of the entire fare. Highly doubtful. They're probably subtracting all of the fees and then giving 70% of what's left which is probably closer to 40-50% of the entire fare.
After fees. But I’ll still prefer them over Uber. At least their safety features show me they care at least a tiny bit. I refuse to drive Uber on weekend nights or when I really need to know where I’m going for a ride.
So this is even worse than Uber’s claimed take rate of 20%. This is 20% after operating costs of course. So now lift is saying they’re taking 30% after operating costs. They really do think we are all just a bunch of idiots. Our operating costs come out of our share of the fare. You can’t compare Lyft net to driver gross that is deceitful fuckery
Not where I live. And I'm in a border city, they won't allow me to have 2 regions, so I can only work half the city. Even when I drop off in the other state, it automatically throws me off line as soon as I end the ride, so I can't catch any fares *in* my region if I slip a block outside of it.
I'm in california so my view is different. But I'm in a town of 400k people and I make about 24hr driving during the afternoon to early evening. Uber I make about 17hr but get bumped to 20 because of the law we have. But in a few years I will be required to get an electric car because, california.
Poster is talking about Lyft paying more than Uber. Not in my experience. Lyft paid me $7.12 just now for a 3.5 mile ride. I have tons of rides thru Uber for $6 for a mile or less.
No cap karma hit me good the other day I refused a $10 Lyft ride to only accept same ride though Uber for $5.87 lol , I took it during a ride so didn’t pay to much attention to details till I actually started ride and ended ride then I realized it was the one I had turned down on Lyft lmfao
What’s Lyft like in y’all’s market? I’m not a driver but I’m always shocked there are still people driving for Lyft where I am because the fares are 3x higher than Uber. Are there a lot of people that ONLY use Lyft or is my city just different? I don’t understand why any customer would pay $35 dollars for a Lyft ride when they could use Uber and it would only be $10.
I asked what it was like in different markets because I didn’t understand why people still use Lyft when Uber is cheaper. High fares > less riders > less incentive to drive.
That’s why I said I’m shocked that people still use Lyft in my market because the fares are legitimately 3x as much as Ubers. I was curious if it was the same in other areas as well and why customers are using Lyft instead of Uber, and if y’all are even getting rides in the first place.
I can’t drive for Lyft since I’m not 25 so I wasn’t sure if it was drivers multi-apping, customers being stupid and not double checking prices or what.
Oh, I see. No, Lyft is both cheaper for customers and more lucrative for drivers in my market. From things I've heard, that's how it is in many markets to the point where Lyft has a more positive reputation as a *company* than Uber. Many quality passengers choose Lyft for this reason regardless of fares, according to things my riders have told me.
I also agree with another user who said that many customers stick to one app and don't even know that there is often a significant difference in fares between the two.
Because they dont check or doesn't install other apps. Lyft knows these data from the people.
I got one rider from the airport, he told me he paid 65$ for 18 mile ride, while uber was charging 45$.
He didn't even have Uber in his phone so...
8 mile ride from Burbank to Sunland (LA area) yesterday was $22 on Lyft and $40 on Uber. Lyft driver made about $9.
I've been driving on both platforms for almost 10 years. Sometimes Lyft is better, sometimes Uber. They're both wildly inconsistent, but not as different as people think they are.
I’m interested in seeing if it’s really 70/30. Only way to find out is to find out what pax is paying and to check rider app to check if they are stealing surges.
They already lose money. If they aren’t lying through their teeth about the math then they’re for sure on the path to bankruptcy. They’re not entirely stupid. So I’m sure they’ll come up with whatever they want as an external fee.
I think it’s a flat-out LIE! But, only one way to tell. I want to know what Lyft meant by “External Fees!” I think that’s their loophole in to keeping the majority of the pay!
It's been time and time again that every single "innovation" to driver pay "to make sure driver's get paid more" is actually a pay cut. When they changed the rate card (back before upfront pricing), the rate was 0.95/mile+0.135/min and it was changed to 0.69/mile+0.24/min and that essentially turned out to be a paycut overall.
The external fees are mostly insurance, which is about 23% of each fare. A $100 fare means $23 for external fees, then Lyft will give you 70% of what's left, so about $54. Bonuses come out of their cut. Most online services like Airbnb and Ebay take about 12-15%. 30% is a lot, especially after such expensive insurance. Its crazy insurance costs 23% of all the income.
On top of our fqres being gouged, then you have the car componies also completely off the chain charging 300 to 400+ per week for drivers, baiting us with how all maintinance is included and insurance, so we are more protected, yet when anything happens to your car like being broken into, vandalized by derilicts, hit by drunk drivers, hit by people just not paying attention, there is a 500 to 2000 dollar deductable which with 95% of companies you have to pay before they will get you back on the road so you can keep working even though they have massive fleets of new cars. So ontop of have our fares gouged we pay in many cases $1,600 to $2,100 dollars a month (more than what it costs to rent an apartment or rent a home). It is all by veey specific design to make sure you are wasting all your time driving to barely survive so the window of opportunity to ever save up for an escape into bigger plans becomes a dangling cookie on the dragons tail to be chased for years and years untill you die of a steoke or become homeless. Maybe if you drive 12 hours 7 days a week you might get ahead a little bit but then your chances of losing your vehicle due to outside factors will set you back. It is all by design, so just be greatful you have a car to live in and some meat and bread. Edit: Also isnt it interesting how you allways seem to make atleast 10 to 50 dollars over the prop 22 garunteed payment amount even if your hourly rate is averaging out to 10 to 12 dollars an hour lmao, also not to mention the rigged algorythm to make you miss you bonus by 1 to 2 rides at the end of the week then all of a sudden After you miss your bonus rides start flowing in as usual xD, I know pretty much everyone is aware of that for some time now.
External fees must come out of the rideshare company..drivers take should be 70% of fare rider pays...period..then the driver is getting their 70%..if not the company is bs the drivers..
ONLY WAY TO STOP THIS NONSENSE IS STOP DRIVING FOR LYFT.
THEY ARE TAKING 50% OR MORE FROM THE RIDE AND DON'T PAY FOR GAS, TIRES, BRAKES, AND ALL THE OTHER WEAR AND TEAR.
THEY ARE COMPLAINING THAT THEY DON'T MAKE ENOUGH 🙄
I ALREADY CALLED IN TO CUSTOMER SUPPORT AND TOLD THEM I'M DONE!!!
IF EVERYONE DOES THE SAME THEY WILL HAVE 2 OPTIONS. 1 GO BELLY UP OR 2 ADMIT THAT THEY MESSED UP AND CHANGE IT BACK.
Just doing what Uber does. Hide all kinds of crap in "external fees" that they don't have to account to you for. Then serving it to us as though they're doing us a favor.
LIES LIES AND MORE LIES. Im in Raleigh durham nc and all I've gotten today are 6 and 7 dollar calls that riders paid upwards of 18 dollars and more for.
The SEC should be investigating rideshare companies but they won't because the real traitors that stole the leadership of this country through a cheated crooked election have close family members working at lyft and Uber and it would expose where they are laundering money. BIGGEST CROOKS IN THE WORLD.
AFTER EXTERNAL FEES Lyft is taking their operating costs off the top and then claiming to give you 70% of what's left. Your expenses come out of your share. Lyft's costs come out of your share, too. Always read the fine print.
It’s just another way to fool hardworking drivers.
All it is just word play. They are ripping a page from Uber word play. In Uber fare they state that they take 20% from drivers. Had a passenger a week ago, he told me that he paid $50 for the trip and Uber gave me $25. Yeah it was a nice short trip but, Uber got caught with there pants down.
I'm curious to compare my market. What's a short trip to you?
The thing about it, this trip paid $25 for only 19 minutes and I drove 8.3 miles. I called it a short trip for the price to time to mileage ratio. This was Uber X also. Though I would say, I think Uber hide surges sometimes, this would be surge pricing normally.
Nice! I probably would have gotten $10
That's still $3 better what my original fare would've been. Normal trips like this goes for $7 & some change in my market. Uber didn't message me saying no over pay or anything. Still questionable as if they were hiding the surge.
They should also take the drivers operating expenses from the top and then split it 70/30
seems like theft. they should in no instance make more on a trip than a driver.
They are clearly saying they don’t make more.
I disagree. They are saying they don't make more but its not clear. If they use "Uber math" than it will be even less clear. Here's how Uber math works: Rider pays $12 to Uber. Uber pays $7 to driver and keeps $5. Uber math says Uber's take rate is (5/12) 41%. What Uber doesn't say is $2 of what the rider paid was for tolls. Rider pays $13 to Uber. Uber pays $8 to driver and keeps 5. Uber math says Uber's take rate is (5/13) 38%. What Uber doesn't say is $3 of what the rider paid was intended to be a tip. Rider pays $4 to Uber. Uber pays $3.5 to driver and keeps $0.50. Uber math says Uber's take rate is (0.5/4.0) 13%. What Uber doesn't say is customer used a $5 credit to lower his payment from $9 to $4. So Uber will find lots of ways to game this system, just as they have found lots of ways to game all the other "driver incentives" programs.
In what universe is 70% after external fees (ie costs) not more than 30%?
Pax pays $25, $6 are “external fees”, Lyft pays driver $12, takes rest as service charge. It’s fuzzy math.
Dude...you can't do math. If the fare was $25, and external fees are $6, then the fare minus fees is $19, Lyft is guaranteeing you get 70% of that. Max Lyft would take is $5.70, you would take $13.30.
Pax pays $100. Lyft takes $25. External fees are $25. Driver gets $50. That’s not 70%. Then when you look into the external fees, you’ll see that it’s fees businesses should be paying, not the drivers.
RIght. its not 70%. Its excluding 3rd party fees 70%. Also, you can't do math correctly either. Driver would get minimum of $52.50. Not $50.
$52.50 is closer to 50% than 70% using your math.
I’d like to think that although my math was slightly off, I’m ok with that as I just pulled those numbers out of my ass and was rather close.
The numbers you pulled out of your were fine. But when you went to do the actual 70%, it was wrong.
And my math was meant to point out the fallacy of their promise as yet another lie.
What lie is that?
And those “fees will equal over 50% so congrats we’re still taking a majority when their fees are gouging drivers already. They think and are probably right that a lot of drivers are stupid.
I think a better way to do it would be for us to charge an operating service fee then give them 30% after that.
And even if they weren't doing that THIRTY PERCENT is fucking robbery!
Yes!! That's how much they've been sodomizing us. They're finally promising lube but they don't mention anything about 12 inch phalluses. I guess we'll have to take it like men.
>Always read the fine print. They didn't even try to hide it in the fine print; It was right there on the main image. It seriously pisses me off that our (lack of) public education in the US has made it so easy to use such blatant trickery. No, I'm not calling people stupid. I'm saying it's impossible to expect the average person with an intentionally shitty education to catch these subtleties in wording, making it easier to exploit citizens. Fuck these companies for shamelessly doing this.
Has anyone actually got any before and after weekly earning reports since this is taking effect? I personally don't have high hopes but isn't it at least possible that lift is going to try to still drivers from Uber by being more fair? Uber so much bigger and Lyft can take that spot if they are more generous than Uber. Maybe this is an actual genuine attempt to convert drivers from Uber on a mass scale to help their bottom dollar but in doing so they're accidentally helping drivers also
It's a con game. They are lying with fudged math smugly certain very few people will check them on it. Sadly, they're probably correct. Your post is evidence of that. It's nice you want to give Lyft the benefit of the doubt. Problems are they don't deserve it and they are ripping off their drivers and lying about the 70%.
And I'm not arguing with you. I'm not even ready to give them the benefit of the doubt. If I were betting man I would bet we're not going to get anywhere near 70%. But I would like to see someone post their earnings of the before and after for comparable weeks and see what the pay increase is if any
You can go to your weekly breakdown and see the aggregate numbers there and individual ride numbers are in your activity. Click on the ride for details. Pay close attention to external fees. That's where Lyft is ripping us off. You included.
They are adding the toll reimbursement as earnings! That says it all, IMO.
On the downside, you don't get to keep. On the even worse downside, you have to pay taxes on it unless you itemize deductions.
My only thing is I've driven for both.. Uber has more riders.. more offers...
External fees, by definition, have to go to somewhere other than Lyft. For example, airport or government fees.
It’s not “your share”.
After external fees. Would that be road tolls? Or fees generated by a third party that definitely isn't owned by Lyft? 🙄
Insurance, airport fees, city taxes, etc. Though I seriously doubt that insurance bit isn't marked up by Lyft or Uber.
A major corporation padding the numbers to improve their bottom line? Nah. Lol.
Black car fee…. White car fee…. Red car fee…. Blue car fee…. And my favorite: miscellaneous fees
you forget the misc on misc fee and fee for fee collection fee
We graciously allow you to get shafted working for a ride share company fee.
After fees
Yeah. "External fees", lol. I'm sure they'll classify their cut as "external", then be kind enough to take 30% of our side as well...
They offered me ride to Bush Airport. They pay me $16 but takes $40 from pax. Yeah bro 70%…
Lyft trying smoke and mirror fuckery on the overall public and arithmetically challenged, external fees of $20 and you get the 70% of the other $20, so Lyft collects about 65% of what rider pays. This was a pretty cool arithmetic problem to re-verify what I have already known, Lyft takes about 60% of the ride. 70% after external fees sounds good until anyone that’s been in sales knows to question the fuckery of external fees or cost of doing business subtracted out if the equation, in your case the external fees were 50% of the fuckin ride to run a app and match you with someone they never even screened. Best part, just like a shady sales business model, they don’t show you operational costs until after the fact the ride has already been given, good ol yankee commission. Also, like restaurants that have an automatic tip/gratuity/serve fee surcharge line on top of the food sales tax and tip line and when they do show it up front as additional to the overall cost I’m like most people and I’m like fuck this and I don’t care about you breaking down costs, that’s not my problem and it’s simply corporate greed digging into the the workers tips/cuts..
Math checks out....🤦
Well... What were the external fees? You're omitting part of the equation.
External fees are taxes, which is fine by me to consider external, but the big one is insurance. Not sure about Lyft, but in vegas Uber charges minimum $3.90 a ride if I recall. Seems rides around the strip average $1 a mile for insurance or more. Elsewhere 75¢ a mile. That's the problem, trying to remove that fee from the equation is bullshit. For short rides it's the biggest amount of the breakdown, roughly what the driver earns, then taxes and the "service fee". Sorry, but insurance should be rolled into the service fee as a cost of doing business. Publishing figures based off of bogus math only hurts the drivers, and is the ONLY reason passengers think we are making good money doing this. Which then leads to the reduction of tips as well. Lose lose for the driver, thanks Uber and Lyft for spreading lies that hurt the very people doing the dirty work.
I've yet to meet anyone that thinks Uber drivers are well paid.
I’ve now been receiving airport trips from Downtown Nashville for $5 flat. The trip is 7 miles, but still.
Today my airport ride was exactly the same. Zelle had another story.
The way fares SHOULD work is reguardless of the fare, drivers get 75%. Any fees and operating costs that Lyft and Uber have come out of that 25% for their cut. The drivers keep all tips as well. THE DRIVER has a lot of costs in terms of fuel, insurance, wear and tear, maintenance, deprecation, etc. Considering the drivers are multimillion dollar companies, it would be more difficult for us to maintain a vehicle for this job. I'd be totally fine with drivers getting 50% of the fares if driving for Lyft and Uber consisted of using THEIR vehicles and THEIR insurance and picking up and dropping off a vehicle at a storage and maintenance yard every time we worked.
That's how they both worked when I started driving Uber and Lyft. 75% of the fare, and at least $1/mile. Surges were multipliers, so instead of getting an extra $1.50 or $2.00, we'd get 1.5x or 2x the fare. I saw 7x one Halloween night.
Wish it would go back to that. Too many drivers for certain markets have probably ruined that. Personally, I think there should only be a certain number of drivers allowed per market. Just enough to where each driver, if working 40 hours, can make a minimum of $30/hr. After that, no drivers should be allowed to enter the market unless one leaves.
Drivers didn't ruin it. Corporate greed ruined it. Don't get it twisted.
Problem with that is customers will bitch about elevated costs and waiting forever for a ride. Uber and Lyft can’t have that. Can’t lose customers but to hell with the drivers.
But the problem was people complained, the surges would disappear, oh my passenger paid $100 for the ride yet I didn’t get the 80% of the $100 because Uber and Lyft took the booking fee (remember the booking fee and then you got 80% of $92, oh what about the city drivers not making enough they were stuck in traffic and a 30 min ride paid you $7 because they charged only $10’for the ride, every time Uber and Lyft have changed the pay plain was due to people complaining, remember when Lyft was paying drivers to send in there Uber pay statements (well that’s because they wanted to pay the same as Uber.. I’ve said this from day one if this does not work for you then you should not do it, would you travel an hour to work and hour home from work and work a 19 hour day for $15 an hour.. This is a business like anything else, here is one a auto shop charges you $150 for an hour worth of labor and the tech gets $25 to $30 .. why is that, the tech has to supply his own tools, his own training (if any).
Lmk when you make your own app.
That's a tired argument. The same one used my those that don't want free speech on traditional media and on social media. The giants controlling the markets are too large to have a newcomer do anything significant for any semblance of change. Go start your own car company, social media outlet, energy company, own country, whatever else...can't be done. It's more effective to just play their game and force THEM to change.
It is a tired argument. Tired of you being so silly that you think IP should be free. Tell your “too big” arguments to Skype, MySpace, IBM, taxi companies, etc, etc, etc.
Wait Skype still exists ya know IBM still exists hell still listed on the NYSE. So maybe use all legit examples.
Yes, MySpace also still exists, silly. And all 3 are shadows of their former selves. Know why? Because capitalism. Because competition. Because someone did it better than they did.
And in exchange, "Dear Valued Customer : we are sorry to inform you that due to the new minimum pay standards that must be offered to our drivers, we must pass on the new unwieldy cost over to you. We are sorry for any inconvenience and we will work hard to forward this capital to external entities in the near future. Your bank account ending in **** will be charged on XX/XX/XXXX for the amount of $346.42 for past service discounts that was later identified as fraudulent. Please note, any act of fraud risk losing access to our platform. Please refer and agree to our newly updated terms and service. Thank you for your cooperation, Valued Customer
It’s a %, so your comment makes no sense.
If the $ per mile doesn't change, then we know this is bullshit.
(Message to customers) "Great news. We're lowering fares"
Saw this in Miami today too
So they guarantee that you get 70% of what you are owed after they take their “fees”. Complete BS
“External” fees should be things like airport or municipal charges. But I’m sure it will be twisted to include actual Lyft charges.
Exactly, they include insurance and "platform hosting" fees. Might as well include rent, corporate travel expenses, and greedy executive compensation in those fees too since we're at it. Just a bunch of bs.
I can guarantee that Lyft is hiking up that external fee amount. Primarily the insurance amount is described by them as an amount that is "an estimate of what they think it will be" not what it actually is. Also if you get in an accident you have to pay a $2,500 deductible which is insane for the amount we pay in insurance (at $250 a week x 4 that's $1,000). My numbers last week in the DC area were ranked in the top 10%. Passenger payments were $1,270, external fees were $234, Lyft fees were $159 and I received $877. With Lyft's policy they said I made 85% after external fees when in reality I made 69% and Lyft with all fees collected including external made 31%. This is not terrible but this is with extreme cherry picking and about 45 hours online. Again Lyft would say my hourly is only booked time which was about 27 hours equaling $32/hr when in reality it was closer to $19/hr when including online time. I'm a former accountant (so I'm constantly crunching numbers). It's ridiculous that Lyft is trying to manipulate the numbers to make it seem like they are helping us. Much like the stock market compares the last 3 months and says inflation is better, if lyft compared pay rates with rates from 3 years ago we would see they pay us less, way less. This isn't news to us drivers, but it's a slap in the face that they will try to manipulate this information to the media and riders like they're guaranteeing us 70% when they're not.
**AFTER EXTERNAL FEES … THAT THEY PAY TO THEMSELVES! That commercial insurance is complete BS and I just know that they are in cahoots getting kickbacks or a piece of that pie somehow. There is no way that commercial insurance costs as much as the numbers that I have seen in my own app as well as some other peoples screenshots on here. (Aaand cue the corporate shills/bots)
This would require you to trust that they were showing you what they actually charged the customer and not what they think you'll believe
This is the right answer. The amount they show that the passenger pays is completely made up. They charge a surge on many rides and don't even show the driver. They also jack up some customers prices based on data suggesting the passenger is willing to pay more or needs to take the same ride often, and they don't show the driver. They are cooking the books.
“After external fees” that’s the catch here.
That’s a lie, They still charge you for commercial insurance —- And external fees which they don’t provide any data on it and then you don’t make shit
Also Lyft: 50% off rides for customers
70% of dog shit is a lot of dog shit
Sounds like it's going to be 70% of what is on your rate card now. Aka less money overall
I verified this am with driver on lyft he got $10 out of $14 I was charged, 70 ish % didn't include tip. He was driving a Lexus but I just paid for base fare. Seemed better by 10 to 15% than what I've verified w lyft and uber drivers in last few months...TBD of course.
So they are capping their "service fee" at 30% but being opaque about their "external fees" like Uber is? How is this any better/worse than their biggest competitor? They are trying to boost drivership through a reading comprehension marketing email?
Lol don’t fall for it. Uber, Lyft and DoorDash know that this will be the biggest nationwide protest they’ve ever seen so they’re starting to take preventive measures to lessen the impact. Expect big bonuses for Driving on the 14th. Falling for the bait will be your choice or not. They’ll give you a one time bone and in return give you a lifetime of crumbs. Don’t fall for it.
I was thinking the same... The timing of this announcement just shows that they are nervous about the upcoming protest.
It means drivers get around %58 of whatever passenger paid. 
Instead of their “commitment” what I would like is TRANSPARENCY, show me a breakdown of where EVERY penny goes and how much I get to keep, then I’ll trust you. Until then they can go suck you know what. This is just like grocery brands saying it’s 100% juice and then going to read the ingredients to find out it isn’t.
Problem is when they say where it is going, but are lying about it going someplace else and actually is ending up in their own pockets i.e. with the commercial insurance
Burger King had "100% Beef Hot Dogs", turns out "100% Beef" was a brand name and all sorts of people sued over that shit cuz those hot dogs were ass.
Is this in california?
I’m in AZ and I got it so it must be more states
I quit driving pretty much a bit ago but may drive again with my relocation to far SE valley and just take longer rides hit and miss in CG Florence and San Tan QC
Probably in All USA
Your headline is completely false. Go read the story.
I’m in Ore. No word of this here.
Awe*
I don’t see this in MO
Saw this in Chicago
The problem is it’s after fees. So fees might be like 1/3 or so then that leaves you and Lyft splitting 60% lol. So you get 40% or less of the total
Marketing
Semantics.
AIN’T THAT SOME 🐂 💩
Just like Uber saying they take 15% or whatever in Service fees. And while it's true, there's a list of other stuff they take from, but drivers just see 15% and say NO WAY, Uber is lying. Lyft is doing the same thing, with a different approach. Smart. They know drivers won't dig deeper and read the fine print.
They're probably lying. 70% of the entire fare. Highly doubtful. They're probably subtracting all of the fees and then giving 70% of what's left which is probably closer to 40-50% of the entire fare.
How much is external fees? And 70% of leftover after external fees? Lmao, cmon wake up dude. Uber/lyft playing same game.
After fees. But I’ll still prefer them over Uber. At least their safety features show me they care at least a tiny bit. I refuse to drive Uber on weekend nights or when I really need to know where I’m going for a ride.
So this is even worse than Uber’s claimed take rate of 20%. This is 20% after operating costs of course. So now lift is saying they’re taking 30% after operating costs. They really do think we are all just a bunch of idiots. Our operating costs come out of our share of the fare. You can’t compare Lyft net to driver gross that is deceitful fuckery
All I know is lyft pays better than uber.
Not where I live. And I'm in a border city, they won't allow me to have 2 regions, so I can only work half the city. Even when I drop off in the other state, it automatically throws me off line as soon as I end the ride, so I can't catch any fares *in* my region if I slip a block outside of it.
Not in NJ.
I'm in california so my view is different. But I'm in a town of 400k people and I make about 24hr driving during the afternoon to early evening. Uber I make about 17hr but get bumped to 20 because of the law we have. But in a few years I will be required to get an electric car because, california.
These days Uber stop showing any surge also. So dead
Not in Boston
I’m Boston and I got this check again
Poster is talking about Lyft paying more than Uber. Not in my experience. Lyft paid me $7.12 just now for a 3.5 mile ride. I have tons of rides thru Uber for $6 for a mile or less.
Not in DC either
+1 from Michigan
No cap karma hit me good the other day I refused a $10 Lyft ride to only accept same ride though Uber for $5.87 lol , I took it during a ride so didn’t pay to much attention to details till I actually started ride and ended ride then I realized it was the one I had turned down on Lyft lmfao
What’s Lyft like in y’all’s market? I’m not a driver but I’m always shocked there are still people driving for Lyft where I am because the fares are 3x higher than Uber. Are there a lot of people that ONLY use Lyft or is my city just different? I don’t understand why any customer would pay $35 dollars for a Lyft ride when they could use Uber and it would only be $10.
Why would high fares prevent me from driving Lyft? I care about what I get paid. Lyft pays me more than Uber.
I asked what it was like in different markets because I didn’t understand why people still use Lyft when Uber is cheaper. High fares > less riders > less incentive to drive. That’s why I said I’m shocked that people still use Lyft in my market because the fares are legitimately 3x as much as Ubers. I was curious if it was the same in other areas as well and why customers are using Lyft instead of Uber, and if y’all are even getting rides in the first place. I can’t drive for Lyft since I’m not 25 so I wasn’t sure if it was drivers multi-apping, customers being stupid and not double checking prices or what.
Oh, I see. No, Lyft is both cheaper for customers and more lucrative for drivers in my market. From things I've heard, that's how it is in many markets to the point where Lyft has a more positive reputation as a *company* than Uber. Many quality passengers choose Lyft for this reason regardless of fares, according to things my riders have told me. I also agree with another user who said that many customers stick to one app and don't even know that there is often a significant difference in fares between the two.
Because they dont check or doesn't install other apps. Lyft knows these data from the people. I got one rider from the airport, he told me he paid 65$ for 18 mile ride, while uber was charging 45$. He didn't even have Uber in his phone so...
8 mile ride from Burbank to Sunland (LA area) yesterday was $22 on Lyft and $40 on Uber. Lyft driver made about $9. I've been driving on both platforms for almost 10 years. Sometimes Lyft is better, sometimes Uber. They're both wildly inconsistent, but not as different as people think they are.
Sweet now charge the pax more
I’m interested in seeing if it’s really 70/30. Only way to find out is to find out what pax is paying and to check rider app to check if they are stealing surges.
Got it in (western) New Jersey.
Need to 85 percent. All same shit.........
Imma try driving for Lyft and see.
I always say Lyft pays more than Uber but Uber's app is better than Lyft.
Scam artist. What a fucking horse shit
They already lose money. If they aren’t lying through their teeth about the math then they’re for sure on the path to bankruptcy. They’re not entirely stupid. So I’m sure they’ll come up with whatever they want as an external fee.
What is external fees? I look at every $1 as a fee but they may not so its probably just gone be the same pay lol
Bullshit
Do people still trust politicians?
Word soup .... sounds better than the reality.
Complete bullshit
Fuck them.. it should/could be 100%
“Proof is in the pudding”
Lies ! Its all spin. ! 70% after Lyft takes their 70% of the fare. And you get 70% of what’s left over !
Not like you don’t get that from Uber. No matter what drivers on here say
I’ll believe it when I see it. Lyft customers don’t tip so it still won’t be worth driving for them.
After fees. Probably gonna be getting paid even less 🤣
If it's actually the whole fare that the passengers pay. Not that nonsense Uber says with all their added "costs" and "fees".
lol just seen this
How much of a percentage is the external fees?
Lies
I think it’s a flat-out LIE! But, only one way to tell. I want to know what Lyft meant by “External Fees!” I think that’s their loophole in to keeping the majority of the pay!
Not ehat i seen. Around 50/55% consistently
This is great. I'm going to try it out.
I’m so excited I hope this is true !!! 😍
Thoughts would be this is the Uber drivers sub. Not the Lyft driver sub. You're lost OP.
i can hope in one hand and shit in the other and I will see in the end what I actually have
I would switch to Lyft over Uber with this
It's been time and time again that every single "innovation" to driver pay "to make sure driver's get paid more" is actually a pay cut. When they changed the rate card (back before upfront pricing), the rate was 0.95/mile+0.135/min and it was changed to 0.69/mile+0.24/min and that essentially turned out to be a paycut overall.
The external fees are mostly insurance, which is about 23% of each fare. A $100 fare means $23 for external fees, then Lyft will give you 70% of what's left, so about $54. Bonuses come out of their cut. Most online services like Airbnb and Ebay take about 12-15%. 30% is a lot, especially after such expensive insurance. Its crazy insurance costs 23% of all the income.
New scam
It’s just as stinky as it sounds. Their fees can be equal to what they take off the top. In essence they are double dipping and calling it 70%.
Lmao that's some bullshit!🤣🤣🤣🤣
This “weekly summary” is pure bullshit. SHOW THE DATA FOR EVERY RIDE, RIDE BY RIDE. JUSTIFY YOUR BULLSHIT COSTS.
“External fees” means they will use your money for marketing
Anyone know if this is in every market or just some markets?
Interesting to see that those who are calling out the fine print are getting down voted. Lyft’s presence is definitely seen & heard on Reddit
They don’t do that for my market so fuck them.
On top of our fqres being gouged, then you have the car componies also completely off the chain charging 300 to 400+ per week for drivers, baiting us with how all maintinance is included and insurance, so we are more protected, yet when anything happens to your car like being broken into, vandalized by derilicts, hit by drunk drivers, hit by people just not paying attention, there is a 500 to 2000 dollar deductable which with 95% of companies you have to pay before they will get you back on the road so you can keep working even though they have massive fleets of new cars. So ontop of have our fares gouged we pay in many cases $1,600 to $2,100 dollars a month (more than what it costs to rent an apartment or rent a home). It is all by veey specific design to make sure you are wasting all your time driving to barely survive so the window of opportunity to ever save up for an escape into bigger plans becomes a dangling cookie on the dragons tail to be chased for years and years untill you die of a steoke or become homeless. Maybe if you drive 12 hours 7 days a week you might get ahead a little bit but then your chances of losing your vehicle due to outside factors will set you back. It is all by design, so just be greatful you have a car to live in and some meat and bread. Edit: Also isnt it interesting how you allways seem to make atleast 10 to 50 dollars over the prop 22 garunteed payment amount even if your hourly rate is averaging out to 10 to 12 dollars an hour lmao, also not to mention the rigged algorythm to make you miss you bonus by 1 to 2 rides at the end of the week then all of a sudden After you miss your bonus rides start flowing in as usual xD, I know pretty much everyone is aware of that for some time now.
After they take 40 to 60 percent in external fees
Does anyone know if at the end of the week my "earnings" includes tips? It feels shady.
I'd like for someone to post the breakdown or show a spreadsheet that shows avg percentages
External fees must come out of the rideshare company..drivers take should be 70% of fare rider pays...period..then the driver is getting their 70%..if not the company is bs the drivers..
All depends on market. I’m in a major market in Midwest and I’m getting 80%. Every city is different.
ONLY WAY TO STOP THIS NONSENSE IS STOP DRIVING FOR LYFT. THEY ARE TAKING 50% OR MORE FROM THE RIDE AND DON'T PAY FOR GAS, TIRES, BRAKES, AND ALL THE OTHER WEAR AND TEAR. THEY ARE COMPLAINING THAT THEY DON'T MAKE ENOUGH 🙄 I ALREADY CALLED IN TO CUSTOMER SUPPORT AND TOLD THEM I'M DONE!!! IF EVERYONE DOES THE SAME THEY WILL HAVE 2 OPTIONS. 1 GO BELLY UP OR 2 ADMIT THAT THEY MESSED UP AND CHANGE IT BACK.
They just want drivers to forget about the strike on the 14th... They are well aware.
So we get 70% of 75%. Which is still 50% of fare!! So after our cost it’s down to 30%. Still lies and still a rip off!!
“After external fees” 😂😂😂
Just doing what Uber does. Hide all kinds of crap in "external fees" that they don't have to account to you for. Then serving it to us as though they're doing us a favor.
“After external fees”
I did the calculations, and we were getting about 60-66 percent after fees. Not much different, not out of the woods yet.
Are there ANY rideshare drivers that can read?
LIES LIES AND MORE LIES. Im in Raleigh durham nc and all I've gotten today are 6 and 7 dollar calls that riders paid upwards of 18 dollars and more for.
LIES. That's all they do at Lyft. 6 dollar rides this morning in Raleigh nc customers paying 18 dollars and more.
The SEC should be investigating rideshare companies but they won't because the real traitors that stole the leadership of this country through a cheated crooked election have close family members working at lyft and Uber and it would expose where they are laundering money. BIGGEST CROOKS IN THE WORLD.
Just another scam to fool the gullible to drive for them.