With the cost of gas increasing – I started to question; am I really profiting driving with Lyft? The views are great! I have been given the opportunity to visit many new locations: Mission Viejo, Coto de Caza, Gardena, Palmdale, Los Angeles, Hollywood, Newport Beach, Laguna Niguel, Torrance, and so many more beautiful side streets and private communities that I simply can not imagine myself being welcomed without this all-access guest pass.
However; gas costs, mileage and vehicular wear are the determining factors in my view. Currently; as a part-time driver, I am adding an additional one-thousand miles weekly onto my vehicle, netting me roughly over six-hundred dollars a week, and costing me on average two-hundred dollars in gas. So – I have been investing my time in tracking all the data; income, expense, and milage. Along with investing in timing streaks and bonuses while cutting my costs where possible.
I use an application called Gas Buddy to locate the lowest cost gasoline near me. This application helps me save roughly fifty cents per gallon on gasoline and is purely user-driven – allowing the community to report on the best prices in an area and validate the accuracy all in-house. I also log my miles at each fill-up, before starting driving, and after finishing driving. I use this to create an average earnings per mile driven. I also keep an average cost per mile including expenses on gas and maintenence, which is currently close to my earnings due to a recent oil change and vehicle diagnostics.
I believe this adventure will continue to be both profitable and fun. And have recently began to do airport pickups and drop-offs. My next post will be about a day of targeting only airport rides from the local John Wayne Airport! Thanks for reading and please ask any questions you may have, it may help me or another reader!