Are you looking for a flexible gig job that has lots of variety? Are you always on the go? Do you love meeting people? If you answered yes to these questions, driving for Lyft is the right gig for you!
Lyft a ridesharing platform. A better alternative to traditional taxis, Lyft lets people use their own cars to give lifts to passengers. Passengers request rides using the Lyft app, letting drivers know where they want to be picked up, and where they’re going. All payment is no-contact through the app, with no cash changing hands. For a side-by-side comparison, check out our ‘How to Drive For Uber‘ page.
Wondering how to apply to be a Lyft driver? First, you’ll need to create a Lyft account. You’ll need to have a valid driver’s license, complete the online application, and meet the Lyft driver requirements.
Here’s the list of Lyft driver qualifications. You must:
Here are some of the other criteria to be a Lyft driver:
How long is the Lyft application process? It usually takes about 30 minutes to fill in the online forms. Then you’ll need to get your vehicle inspected (Lyft will tell you where to go for this), and Lyft will screen your application, which includes looking at your driving history and running a background check. So, how long does it take to become a Lyft driver? In total, this process should take a couple of weeks.
Looking for information about the Lyft driver sign up bonus? Promotions will change depending on where you drive but may include a $1000 earnings guarantee if you complete 125 rides in your first 30 days on the platform. If you don’t earn $1000 with those 125 rides, Lyft will make up the difference.
Another recent signup bonus offered new drivers a 25% Power Driver Bonus on all rides for the first three months on the platform. Drivers also receive a bonus for every successful driver referral they make.
Lyft also offers several types of driver incentives and bonuses, including:
Lyft breaks down driver work into three separate periods:
In the U.S., Lyft reports that the average driver salary for periods 2 and 3 is $29.47/hour nationally.
This number goes down when time spent waiting for a ride request (period 1) is taken into account: a 2018 survey showed that overall, Lyft drivers earned an average salary of $17.50/hor.
Here are some other important salary considerations:
How to maximize your earnings on Lyft
Still thinking about how to drive for Lyft and get the most benefit from it? The best way to maximize your earnings on Lyft is to drive full-time. Aim for at least 40 hours each week, hitting the busiest periods in your area. Be sure to participate in any driver bonuses you’re eligible for, and drive when surge pricing is in effect.
Looking for extra cash to help with your gig work? As a Lyft driver, you can qualify for a cash advance from Moves, the perfect alternative to Lyft loans. Get started today by clicking ‘Apply Now’ above. Keep up to date with the gig economy and industry news, tips, and resources by subscribing to our blog below!
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