The SHOCKING Truth About UBER Driving INCOME in 2024 (Sydney, Australia)

In this exciting video, I unveil the incredible earning potential of Uber driving in 2024. This video was shot in Sydney Australia and if you've ever wondered how much money you can make driving for Uber in one of the most vibrant cities worldwide, you're in for a treat!
Uber Driving Signup Link ($750 Bonus): www.uber.com/signup/drive/del...
⏰ TimeStamps
0:00 - Introduction
0:46 - How To Sign Up
1:08 - Uber Driving Experience
10:12 - Total Money Earnt
11:09 - Final Thoughts
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Disclaimer: I am not a financial adviser, I am not an accountant, I am not a tax adviser. This video and my channel is for general information only, as with anything in life you should do your due diligence and seek independent advice. Before investing, please consult a licensed professional. You should consider seeking independent legal, financial, taxation, or other advice to check how the website information relates to your unique circumstances. I am not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, in this video.
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Edited with Gling AI: bit.ly/46bGeYv

[@aldomartinez4973]

I am an Uber driver in Mexico, the best advice I can give you is to use several apps when using several devices at the same time. I do not recommend waiting in the airport area. Get out of the area

[@irandoosti]

Thank you so much for your great video. How can I get information regarding charges on tesla cars, such as annual registration fee, taxes and other costs I haven't mentioned.

[@MrFooChops]

EV's are rubbish. Lots of problems. Don't waste your time

[@lvsidhu3465]

Which Toll tag is best for Uber driver in NSW? Do we have to apply for a regular one or we have to apply Bussiness Toll Tag for the Uber??

[@heyglasses]

i use etoll works everywhere.

[@bishalpradhan2164]

Which driving record to order there are two driving record..

[@craigleverenz]

I did uber driving for many years. Never wait at the airport!

[@LakTube]

why tho? thats where you get more high paying rides?!?

[@yesthehandymancan]

i liked how honest your experience was. also insurance premiums have gone up drastically in the last few years epcifially for rideshare. a much higher chance of accident as well

[@thewidowwindwalker]

Don't pander for the beast. It can be a fair side hustle, but most markets can't even come close to breaking even.

[@LakTube]

that is so true!

[@yuwang6135]

Thank you for the video brother 🙏🏻🙏🏻🙏🏻

[@markhobson6475]

Good topic, well presented. Do you also consider tax, Uber take & super?

[@LakTube]

i am glad you liked it! i didn’t and yes super and tax are things which need to be considered straight after your earnings

[@donjnr16]

​@@LakTubehow does the tax or super thing works for uber ?? Got no idea what to do for tax or how it works could U please give me some info

[@fahadchishty8110]

what is your city and how many rides you get daily?? and how long you have to wait for a ride??

[@SteveHoffmann]

Gold Coast don't wait next before trip ends usually 11 to 16 week days 5 hours

[@LakTube]

Sydney Australia. Waiting 10-15 minutes on average

[@jackj7644]

Nice video mate …

[@elliliveswhere]

Great informative video!

[@LakTube]

thank you!

[@grahamoldfield3871]

good report well presented

[@LakTube]

thanks mate :)

[@johndoherty8088]

It’s a fair summation of a day in the life of an Australian city Uber driver. I commenced doing it back in Sept 2023. Income levels are spasmodic and in the end I concluded it’s not worth the financial effort or risk. The costs involved are stacked against the owner driver. Uber clips a hefty % off each fair plus booking fee. They just announced a reduction in driver rates in order to ‘attract more customers’ but no mention of them reducing their fee structure.

[@mirzaharisbaig7083]

you need to subtract (INSURANCE CAR PAYMENT DEPRECISAION TAXES OIL CHANGES AND MAINTENANCE ) than you can see your real income

[@user-fz6zx1ko3i]

you are a positive person, good luck!

[@LakTube]

thanks mate

[@muzzamilali2636]

$ 22 per hru is to low

[@pommyinozzy95]

You dont mention redlight cameras, tolls and speed cameras. After tolls and petrol profit is very gery low

[@SMFizzy]

It’s a Tesla there is no fuel. Tolls are refunded and for speed and red lights just don’t speed or run a red light?

[@Werabe777]

Hi man is there Uber office in Australia ?

[@SydneyDrums]

No they got rid of them when Covid hit

[@jjkanal640]

You got to remember, once you have completed more trips and maintain a high rating, you would be the preferred driver for uber and you will get lots of jobs.

[@heyglasses]

not true, i have been a perfect 5.0 for over a year and always maintained a high rating and others often do better. I do drive peak hours and core areas but ratings do not matter. If they did all the other drivers with poor ratings might leave due to poor earnings.

[@vn9528]

Not true

[@johndoherty8088]

This comment is rubbish

[@vardanvardanyan640]

113 - 10 % Gst = ~ 100 / 6 = 16.75 what a great income !

[@andreadestefano329]

Un consiglio per tutti: usate i taxi locali. Boicottate queste multinazionali che sfruttano le persone.

[@michaelcarydakis790]

DO ALL THREE UBER DIDI OLA AND REPORT THAT ON YOU TUBE

[@LakTube]

ola is not that big in sydney anymore

[@c2w200]

Well yeah like one airport trip is already $100 an hour

[@LakTube]

how often do you get them tho?

[@ashwinikhanna]

What you are saying is not in sync with what feedback I got personally talking to few Uber drivers.. They say they do make decent money... around $200+ a day for working 8hrs approx.

[@LakTube]

where abouts?

[@ashwinikhanna]

@@LakTube In australia

[@TenzWang88]

After 3 years all your earning directly goes to Tesla battery replacement 😂😂😂

[@LakTube]

you never know ahaha

[@vardanvardanyan640]

A driver in Perth Wa did 168 000 km in one year , had to change battery on his own as Tesla voided the warranty.

[@Clove_Parma]

@@vardanvardanyan640he should make an ACL claim, no way that is legal

[@l2pmate]

below min wage underwhelming and sad

[@LakTube]

i know right

[@SteveHoffmann]

I expect to be busy all the time and mostly am

[@ashsharp1985]

What city?

[@SteveHoffmann]

@alanvan6109 gold coast

[@chorcor888]

might be the tourists@@SteveHoffmann

[@SteveHoffmann]

@chorcor888 no mostly locals over halve house to house

[@LakTube]

Thats amazing for GC!

[@Desi-driving]

Can I drive Uber on uk license in Australia?

[@RanjivKapuge]

Nope

[@S9.S4]

only Uber eats

[@carlosrevez9353]

Yes but only 3 months

[@MediaFXNoosa]

I went to transport dept. Show uk licence and get Australian licence

[@user-wh3rj8ky5x]

but yeah ❌ bayya✅

[@user-pp9cg4zu2v]

dont wait at airport,

[@fabianba600]

And you are electric, imagine petrol when we are being charged 27% ,Have you checked how much Uber charged to your riders? When you know it, you will quit 😡

[@okitsme805]

Go read “rich dad poor dad” dude

[@LakTube]

i didnt know that was also a thing WOW!

[@sseila]

I am new here in Sydney and I just got the license. I am Thinking to try to be Uber driver now and I am kinda scared and excited to start.

[@kingrameez1]

Same

[@dylanslater83]

Remember this was his first day, once you get a rating and experienced and learn all the tricks of where to be what time it probably gets better.

[@user-eu7ik6sl4r]

😂

[@lookherelooklisten7850]

My friend makes over 2000$ a week Uber driving 40 hours a week

[@ashneelprakash462]

What city?

[@lookherelooklisten7850]

@@ashneelprakash462 Sydney, I thought wasn't possible too until he showed it to me on his phone through the app

[@heyglasses]

he makes half that after expenses. and thats probably a good week or very late hours on the weekends.

[@heyglasses]

or its not uber x

[@samab7891]

Garbage

[@kiangsing6924]

You can sort the tax situation by switching to an unincorporated community association business structure that’s tax exempt. Petrol by hybrid electric car Tolls chuck out tolls it’s illegal anyways.

[@Clove_Parma]

That’s not how it works in Australia mate. None of your sovereign citizen rubbish

[@computer-training-for-seniors]

I honestly wish Uber would get out of the Australian market. It is destroying this country.

[@32843s]

Why do you say that?

[@SydneyDrums]

@@32843s someone in their family must be a taxi driver who used to earn a lot before Uber came along and provided a better service