How Much Money Does an Uber Driver Make in Singapore?

Is it worth to become an Uber Driver in Singapore?

Five weeks ago, I signed up as an Uber Driver using a rented car.

Why did I sign up? Simple...

The ads say you can earn S$5000 per month.

News articles say some even earned S$6000 per month.

So how much did I earn?

I drive in sessions of 3 hours between breaks.

In 3 hours, I collected an average total fare of S$70.

Let's do the maths.

Driving for 10 hours will yield about S$200 (rounded off worst case situation).

Drive for 30 days and you get S$6000!

How much is the car rental? Petrol? Carpark? And Uber's commission of 20%.

Rounding off the total cost, it's about S$2,500 per month. Uber's 20% commission is S$1200.

That means my take-home profit is S$6000 - S$2500 - S$1200 = S$2300.

The calculation does not include the variable incentives earned by driving a certain number of trips and making referrals.

What are the lessons learned from this experiment?

- If an extra S$2300 per month means something, then renting a car and driving for UBER is worth it.

- The earnings will be better if you already have your own car.

Question: Does driving for an extra S$2300 to S$3800 per month mean something to you?

If you decide to make money driving with UBER in Singapore, please use my code: leey2794ue

Adrian's Journal