Working For Lyft – All You Need To Know
You’ve probably arrived here to get answers about how to start working for Lyft. If this is the case, then you don’t have to worry about not getting what you are looking for. We have gathered the most reliable information for anyone who wants to become a Lyft driver.
In our previous post, we were able to give an insight about Lyft fare estimator. If you haven’t checked this article yet, make sure you do.
In this post, we would like to highlight all the information you need to know if you want to start working for Lyft. Read on to learn more.
What is Lyft?
Lyft is a San Francisco based transportation network company that connects local drivers with passengers who request rides through a mobile-phone application. Basically, passengers get suggestions of drivers who have a car, choose one they prefer and then pay automatically through the app.
Why Should You Work For Lyft?
There are several reasons why Lyft ranks top among its competitors. First, you get a chance to earn more tips from any passenger you carry. Any money you get from your passengers is yours to keep. Another reason why you should work with Lyft is that you get a chance to make more money, thanks to the increased Prime Time pricing during peak hours.
Another benefit with Lyft is that you choose when you drive. You can make more than $500 working for few hours on Fridays and weekends. Last but not least, the Lyft community is one of the best communities you will find as far as transportation network companies are concerned. It is full of awesome and friendly people, right from passengers and drivers.
How to Become a Lyft Driver
Go to the company’s official website to apply as a driver. On the application page, enter your information, and then download the Lyft app to create your driver profile.
Requirements to Become a Lyft Driver
You must meet all the requirements to become a Lyft driver. One of the requirements is to be at least 21 years and own an Android or iOS enabled phone. As part of the approval process, you will also undergo a county and national background check, plus DMV check. You will be required to submit copies of your in-state driver’s license which is at least one year old and Social Security number.
Your car must also meet all the set requirements. It must have at least five total seat belts and have four external door handles. Your car must also have in-state license plates and in-state insurance with at least one party covered.
The company will verify any document you submit and confirm whether your car meets the above requirements during your 19-point vehicle inspection. Once approved, you will officially become a driver, start working for Lyft and be eligible to get a portion of ride fees from passengers.
What percentage does the company take from drivers?
The company rebates half of its 20% commission to you if you work for at least 30 hours a week. You will get full commission if you work at least 50 hours in a week. However, these bonuses only apply if you accept at least 90% of the rides assigned to you.
How much can you make as a Lyft driver make?
There is no specific amount of money you can make by becoming a Lyft driver. You can make more or less depending on the number of rides you do in a day or the city you operate in. Based on their data, you can make up to $35 per hour if you are based in major cities in the United States. So as you can see it is really worth working for Lyft.
How do you get paid?
As a driver, you get a portion of rider fees your passengers pay through the app. The money is automatically deposited into your personal account at the end of every week. You can also choose to cash it out instantly using Express Pay.
Can you work for Uber and Lyft at the same time?
This is the common question our readers have been asking since January of this year. The simple answer to the question is Yes. There are two different ways you can drive for Uber and Lyft at the same time. You can either use a single phone and install the two apps or use two phones. However, many drivers choose to work for one company because it is a little excessive for practical purposes.
Whether you are trying to fund your dreams, cover this month’s bills or offset costs of your car, Lyft will help you achieve your dreams. So, go ahead to download the Lyft app to create your driver profile.
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