Model your true take-home pay per hour driving for Uber or Lyft, after the car, the fuel, the wear and the taxman take their share.
Each vehicle uses the same assumptions below — hours, rate, costs and financing.
100% if you drive it yourself. Lower this if you hire a driver and pay them a cut of each fare — you still cover the loan, insurance and upkeep.
Per vehicle. Every hour the app is on — including the time spent waiting for a ping.
Typical is 50–60%. Top drivers who work peaks and airports reach 70–80%.
Your take after the rideshare app's cut (Uber, Lyft, etc.), before tips.
Pickups, repositioning and the drive home. The car wears out on these miles too.
Cash flow charges the full loan payment and treats depreciation as a memo — what lands in your bank account.
$3,150 per vehicle
Payment: $366/mo per vehicle
Only this share of the payment and insurance is a business cost.
Rideshare miles pile on 3–5× normal use and come straight out of resale value.
A personal policy won't cover you with the app on.
Applied after the standard mileage deduction.
Take-home per month, after every cost
Estimates only, not a guarantee of income. Rates, commissions, insurance requirements and local minimum-pay rules vary by market and change often. The vehicle is charged once, never twice: cash-flow view expenses the loan payment and lists depreciation as a memo, while true-cost view expenses depreciation plus loan interest and excludes principal, since principal buys equity rather than spending it. Tax set-aside applies your rate to gross earnings less the 2026 IRS standard mileage deduction of $0.725 per business mile and less phone/tolls/supplies. Talk to a licensed tax professional about your own situation.