A 70-year-old Uber driver hailing from North Carolina, US, raked in an impressive sum exceeding $28,000 (approximately Rs 23.3 lakhs) over a year, all the while systematically cancelling more than 30 per cent of his ride requests, as reported by Business Insider, based on inputs from the driver himself. This intriguing tale unveils a unique perspective on ride-sharing economics.
Bill's modus operandi was unconventional in that he deliberately accepted less than 10 per cent of ride requests, completing around 1,500 trips throughout the year 2022. Six years into his retirement, Bill ventured into part-time Uber driving to supplement his income. Nevertheless, he exercised discernment in accepting rides, ensuring that each endeavour was genuinely worth his time. Bill revealed that the decline in surge pricing in his locale played a pivotal role in reshaping his driving habits, causing him to reduce his weekly hours from 40 to 30.
Bill candidly stated, "I spend a lot of time saying no. I don't work unless we have a surge." This approach might appear counterintuitive, but it's precisely how he and other drivers managed to earn as much as $50 per hour during the peak of the pandemic when some drivers temporarily ceased operations due to health concerns. However, as the number of drivers surged, Bill's hourly earnings dwindled to a more modest range of $15 to $20.
Bill did not rely solely on chance, and he implemented a series of strategic manoeuvres to bolster his earnings. He strategically positioned himself at prime locations such as airports and bars during the peak hours spanning from 10:00 PM to 2:30 AM on Fridays and Saturdays, capitalising on the surge pricing phenomenon. Explaining his method, he stated, "When a plane lands and people request Ubers, the price jumps drastically. A 20-minute ride goes from $10 to $20 to $40 and sometimes $50. The driver gets just short of 50 per cent, so a 35-minute ride can get you $30 to $60."
Additionally, Bill astutely sidestepped what he referred to as "one-way rides." He recounted an incident where he chauffeured a passenger to a remote location, roughly a two-hour drive from his city. Although he received $27 for the journey, he found himself compelled to return without any passengers, effectively working for free.
However, Bill's unconventional tactics come with their share of potential pitfalls. Uber's policies stipulate that drivers who cancel trips or refuse service based on their destination may risk losing access to their driver accounts. Although Bill himself has not encountered such consequences, he acknowledged that drivers have been banned from airport pickups for declining long-distance trips. Moreover, those who cancel trips more frequently than 10 per cent of the time may forfeit access to Uber's rewards program, which offers perks like discounts at specific fuel stations.
Despite the potential risks, Bill is resolute in his game plan, intending to continue driving only when he deems it to be beneficial. His approach, driven by a passion for the activity rather than dependence on Uber for income, has enabled him to maintain a sense of fulfilment. Bill succinctly encapsulated his perspective, stating, "I drive to get out and don't need the money. I love it."