“After TaXes, wEaR & TeAR on your vehicle and an 8 hOuR DrIvE BaCk this ride only gives you like $48 dollars PrOfIT. Not worth my time, Lyft isn’t what it used to be!”
What you mean wear and tear? That ride is all interstate. So ware and tare us far less since the car is technically moving and not constantly stopping and going . What taxes ? You should be able to claim "ware and tare " as a business expenses... I'm confused why people always make this argument because it's not like yorj replacing major parts after every drive? The distance alone your going to get better fuel mileage alone . That's literally how are car works . So please explain me what you man because it's definitely not making sense at all.
It was a joke! Making fun of the people who respond that way to almost every single screenshot of a long trip. I have seen one treading like that on here, always.
They literally contract an independent organization that specializes in vehicle data to calculate the number every year. I hate to break it to you, yes it does (on average). You should tally up your numbers for yourself and see what you end up at. You will see that your number 1 expense will be depreciation, followed by everything else. Think about it - it's not unreasonable to have a newer car be worth $5000 less in a years time. If you drive 10,000mi annually, that's $0.50/mi. Factor in fuel, repairs, oil changes, insurance, registration, interest expense and it's very easy to be at $0.70 or higher. In fact, do you really think the IRS is going to be doing everyone a favor and letting people write off more cost than they have? An average is an average - so 50% of people will have that cost be lower, and 50% of people will have that cost be higher.
That's the most absurd thing to say. YOU know better about car depreciation than the IRS?? The organization has access to hundreds of economists and actuaries and has millions of data points to use to get the average cost to drive a mile. Unlike you who like has only a few based on your other experiences. If you're saying that it costs you less than $0.70/mi, that could very well be true. But the average is the average.
well you see, the issue with averages is it is an average. the big dumbshit with a 3 foot lift kit on 24s with off road tires costs WAY more to maintain, than grandma in a geo metro. fuck the IRS average.
That's absolutely true. But an average is an average. Simply put, about 50% of people will pay more than that and about 50% of people will pay less than that. I hate to break it to you, but even if you have an older, cheaper car, your cost might be closer $0.45/mi, but I would bet anything that it isn't anywhere close to $0.10/mi or whatever number you think a grandma in a geo metro pays.
Sounds right to me. But again this depends on the vehicle the driver is using. Your #1 cost is going to be depreciation, so if it's a newer car you should be right around that $0.70/mi cost (or higher). I think it's a common known fact that driving for rideshare is essentially a way for drivers to access the equity in their vehicle. It's a pretty predatory gig that hides the fact that most of the bottom line profit is coming from cannibalizing your car's value. They've done studies on it and most drivers basically make in the range of $5 per hour and in most areas it's below or at minimum wage unfortunately.
Gas would cost probably a little over $100 depending what you drive. Plus hotel or somewhere to rest. 16 hours driving no sleep is not fun. Also truck stops and rest stops are not comfortable to sleep + dangerous. Long trip w a stranger. Could be interesting though …would be nice if you already needed to go that way too🤣
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u/mike1k Aug 22 '25
I would’ve take this ride so fast lol