Yes, this is the jaw-dropping revelation we got after we read this Quora thread. And man, we are as stunned as you are. Gone are the days, when drivers used to get 5-10 K for their service, now they talk in lakhs. Much more than an average income of a graduate or a post-graduate student.
Even my degree from any renowned Indian University will not offer such a great package!
Earning 1.2- 1.5 lakh is their income per month after deducting all the charges including fuel, maintenance, taxes and other miscellaneous charges.
Now let’s make a Balance sheet of their income!
Here is the convo that happened!
Incident Location: New Delhi (April 2015)
I hired a Toyota Innova – UberBlack Category.
Without surge prices: Rs 120 Base fare + Rs 12 per kms
The driver was very happy, friendly and morally positive. He was very much lean towards customer service, he had magazines and current newspapers onboard, and a small cooler store, it had mineral water, lassi, coffee, soft drinks, and additionally there were mouth fresheners, chips and some toffees, and all this was available for the MRP. (Driver explained, so they don’t have to pull sideways for these stuff, and it is the extra care for clients.)
Me: So how much money are you making from Uber?
Driver: I am very content for the services and remuneration, I have made Rs 52000 max per week. As I take my work seriously, I work from morning 5:00AM to 10:00PM night, and the Saturdays and Sundays are mostly happening ones that covers a week.
Me: It’s awesome, so what is the mode of communication, payment, and other relevant procedure to enroll.
Driver: The process is easy n simple, they are now tight with rules and documents, and they pay me every week by wire transfer. The weekly earning is generated as report with amount and kms details and paid out, all things come through mail and my son helps me to sort out, and count and calculate.
Me: Do you make Rs 50000-52000 every week?
Driver: No that depends, last week, I was out to meet my family in Punjab for 3 days, worked for 4 days, and I made Rs 29000. (He also showed me transaction message of Rs 52000 from his bank, and tax was not deducted at source).
The payment pattern is simple, like you take a ride, and bill generated is Rs 560, he will be credited Rs 200 extra , means he will get Rs 760 in account and rs 200 is bonus and gratuity per ride.( Yes, this is a temporary phenomenon as they are boosting business in India.)
Me: So you are earning Rs 180000-200000 per month by this car.
Driver: This is an SUV, and according to traffic in Delhi, I spend around Rs 40000-50000 on fuel, and maintenance is about 10000-15000. So I am making Rs 1.2 lakhs nowadays.
Seriously I am Quitting now, Sir, Are you listening?
Need to get hold of a Driver License ASAP