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Private hire driver REAL earnings

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  • w211
    w211 Posts: 700 Forumite
    Eighth Anniversary 500 Posts Combo Breaker
    CKhalvashi wrote: »
    But John (who I have spoken to on the phone numerous times and has just been offered some more consultancy for us) has been in the game for 25+ years and coincidentally knows which areas to play and when to work.

    He also drives Exec, rather than your standard car.

    This was posted on a week which was almost entirely on Surge (where the operator puts the price up as it sees fit), before the recent rate cuts (driver was paid about £2/mile on standard, it's now about £1.70) and before the recent flooding of the market by the operator he is working for (no names mentioned, as I own a rival London app). Commission for his operator is now 28%.

    No cabbie is going to be doing this week in, week out, and the answer to what a typical cabbie earns can vary to not a lot, to a very decent sum, largely dependent on where they are, what they're doing and even who they're working for.



    Lol, yes I know. I've met John and also taken him to the airport once.

    I'm just highlighting, although this is an extreme example as you mention, that income can vary on the criteria I mentioned, in this case of John:

    Experience - 25 years
    Luck - probably ;)
    Hard graft - 92 hours he worked that week
    Area - London in general, as well as he knows where the work is
    Time of year - during Ramadan

    Also, what do you mean by my "standard car"?
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    w211 wrote: »
    Also, what do you mean by my "standard car"?

    Prius/Octavia/Galaxy/similar. With his current operator (if he still is where I think he is), his earnings that week would have been no more than £2000 pre-commission with the same work in a similar vehicle to this.

    In London, £1500 a week takings for 44 weeks = £50k a year in profit with the black Galaxy firm, or at least did a few years ago, from his own figures. Even this is high, and largely due to which base he was working from.
    💙💛 💔
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    I used to work in a factory and one of my co-workers was also a Hacney Cab driver. He used to work a shift in the factory, then drive to a nearby supermarket where he would always pick up a fare back in to town where he lived.

    It was the only way he could make any money.

    Conversly, a long-term friend went to work as a private cabbie, ended-up leaving the firm he worked-for to start on his own and took 40+ of their customers with him.

    In the end, he used to do 2 - 3 airport runs a day along with a school run. Ended-up selling for a nice profit.
    Never Knowingly Understood.

    Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)

    3-6 month EF £0/£3600 (that's 0 days worth)

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