Definition of land banking: The practice of acquiring land and holding it for future use. Definition of land banking: The practice of acquiring land and holding it for future use. Home
According to Paul, drivers keep 80 percent of their fares, -- giving Uber 20 percent, Uber covers 20 percent of tolls, they could work whenever they want, and the work was virtually non-stop. Upon exiting the vehicle, no money or tip was exchanged. Not even a form to sign. The service felt free..
1 Based on their data, drivers can, on average, make more working for Uber than for Lyft and Sidecar in most places. Uber drivers make an average of $15.97 per ride with Uber, as opposed to Lyft ($11.48) and Sidecar ($13.35).  In order to make $50,000 a year, an Uber driver must provide 60.21 rides every week. A Lyft driver would have to provide 83.76 rides, and a Sidecar driver would have to provide 72.03 rides. To put that in perspective, 60.21 rides each week equates to between 20 and 21 hours of driving per week for an Uber driver.