If you have a qualifying vehicle, a smartphone, and a driver’s license, then you have an opportunity to make money by being a Lyft driver. The app helps you with the rest of what you need to start earning with this opportunity. You will be picking up passengers who need a ride, then take them to their destination.
If you receive a high enough of a ranking from each transaction, then you can potentially earn enough to turn this opportunity into a career.
Lyft is available in more than just the big cities these days. You can find drivers around the world, providing this option as an affordable and safe way to ensure that you arrive at your intended destination. Although some people might try to impersonate their status with this app, working as a driver gives you access to your community in unique ways.
Now let us discuss some key benefits that a Lyft Driver can avail:
- When you become a driver for Lyft, then you get to be in charge of the schedule that you keep. It is up to you to determine where you want to drive when you want to get behind the wheel, and how long you can earn money each day.
Although some communities may not offer many rides during certain times of the day to force you into specific schedules, you still have the power to take the day off, drive for a few hours, or manage your family needs while earning some extra cash.
- When you start driving for Lyft, then you can be active at any time during the day or night. It is an option that is available 24/7, including weekends and holidays.
Since the app comes with you on your smartphone, you can decide to go online whenever you want to start making some money. You can drive for a couple of hours before work, pick up a couple of weekend shifts, or turn this into a full-time opportunity.
- Depending on how much you drive, you can qualify for 401k and health insurance. These are through a third party that is in partnership with Lyft. There are also perks and or discounts for movies, gas, hotels, roadside assistance and business tools to name a few.
- When Lyft experiences multiple ride requests in the same area simultaneously, then their surge pricing mechanism begins. It is an advantage that allows you to make even more money because you can provide rides to people at the time when you are needed the most.
There is a color-coded heat map that you can access through the app to determine where the highest fares will be in your community. Then all you need to do is make yourself available for routes during that time to start making the extra cash that you need.
- If you want to start driving with Lyft today and you don’t have a vehicle, then this company can help you to get one. The car becomes yours to use as you please, and then the payments that you owe become automatically deducted from your overall earnings.
You will receive a list of dealers that work with these programs to ensure that the vehicle you receive will help you to start driving right away. Then you pick out the car, start driving it, and pay off what you owe based on what you earn.
Many of the vehicles available in the program have no or low upfront costs, and then you can return it if you don’t need it on a full-time basis. Two such examples which offer you the car are VIP Car Lease of NYC and VIP Car Lease of Long Island.
- Lyft gives you an Express Pay option if you prefer to avoid the weekly paycheck scenario. You can qualify for this benefit whenever you reach $50 in mentor payments, referrals, and earnings.
It also comes with a $0.50 fee if you take advantage of this instant option, but then you are not stuck waiting for payday to come around.
As long as you have a debit card, then you can cash out with this option up to five times per day. All you need to do is sign up through the app to make it happen.
