Choose your driver type

Uber changes the taxi industry. Combine with Grab and Taxi in Singapore,  more commuters are using these for grocery, shopping, to work, appointment etc.
Whenever there is a promotion, like Uberpool Friday which cost S$5 per trip, or GrabHitch that cpst S$2 per trip, are the Taxi drivers going to suffer?
Which type of driver will make a better living?

First, let’s recall how each option charges in 24 hours in weekedays (Mondays – Thursday) and today is a super lucky day.

Comfort Hyundai i40 Taxi
Daily rental 24hours $127
2 shift drivers,therefore cost of each driver in a shift $63.5
Minimum Diesel from Comfort per shift $30
Daily overhead $93.5

 

2007/2008 Toyota Altis
Daily rental 24hours $65
2 shift drivers,therefore cost of each driver in a shift $32.5
Minimum Petrol from Kiosk $45
Daily overhead $77.5

Let look at the earning of 1st shift started from 5am from Town area to somewhere in the north area of Singapore

0500 – 5:20 journey from Clubs in Town area to north area of Singapore – 15km, 15 minutes

Company Fare Breakdown
Taxi (Comfort Hyundai Sonata) Base Fare: $3.20
Metered Fare: $0.22 x (15km/400m) + $0.22 x (5 min/45s) = $8.25 + $4.4 = $12.65
Peak Hour Surcharge: $12.65 x 50% = $6.33
Total Fare: $3.20 + $12.65 + $6.33 = $22.18
UberX (no surge at this time) Base Fare: $3.00
Distance Fare: $0.45 x 15km = $6.75
Time Fare: $0.20 x 15 minutes = $3.00
Total Fare: $3.00 + $6.75 + $3.00 = $12.75
GrabCar Economy Base Fare: $3.00
Distance Fare: $0.80 x 15km= $12
Total Fare: $15

0520 – 5:35 journey from north of  Singapore Cheong to south part to pick up some riders, 15 minutes

This time lost and pertrol or desiel lost had been factor into the daily cost. You may need to roam around or wait for a pick up, which take away average 5 minutes.

0540 – 5:55 lucky and forunate to pick up some from journey from Town area to north area of Singapore – 15km, 15 minutes

Taxi (Comfort Hyundai Sonata) Base Fare: $3.20
Metered Fare: $0.22 x (15km/400m) + $0.22 x (5 min/45s) = $8.25 + $4.4 = $12.65
Peak Hour Surcharge: $12.65 x 50% = $6.33
Total Fare: $3.20 + $12.65 + $6.33 = $22.18
UberX (no surge at this time) Base Fare: $3.00
Distance Fare: $0.45 x 15km = $6.75
Time Fare: $0.20 x 15 minutes = $3.00
Total Fare: $3.00 + $6.75 + $3.00 = $12.75
GrabCar Economy Base Fare: $3.00
Distance Fare: $0.80 x 15km= $12
Total Fare: $15

0600 – 0615 from northern of  Singapore, you Cheong to southern part of Singapore to pick up some riders, 15 minutes

This time round, you may need more time to roam around as most of the commuters had gone into their Lala land.
Some driver may prefer to go for a early breakfast and stay in the northern area while, let say today is a very lucky day and manage to pick up someone again.By the end of this 3rd trips you ended up in the outskirt of Singapore.

0625 – 0640 from southern part of  Singapore, you Cheong to northern part of Singapore.

Taxi (Comfort Hyundai Sonata) Base Fare: $3.20
Metered Fare: $0.22 x (15km/400m) + $0.22 x (5 min/45s) = $8.25 + $4.4 = $12.65
Peak Hour Surcharge: $12.65 x 0% = $0.00
Total Fare: $3.20 + $12.65 = $15.85
UberX (no surge at this time) Base Fare: $3.00
Distance Fare: $0.45 x 15km = $6.75
Time Fare: $0.20 x 15 minutes = $3.00
Total Fare: $3.00 + $6.75 + $3.00 = $12.75
GrabCar Economy Base Fare: $3.00
Distance Fare: $0.80 x 15km= $12
Total Fare: $15

End of 3rd trip at around 0645

Taxi Driver earn
 $60.21
Uber Driver earn $38.25
Grab Driver earn $45

0645 – 1045 with normal traffic jam on expressway like CTE a normal driver will be able to cheong to fetch rider to work in the town area,
During this time, Taxi with have their surcharge, Uber and Grab will have their surge. Hardworking driver will be able to fetch around 4-6 trips in this 4 hours

Taxi Driver earn
 $60
Uber Driver earn $60
Grab Driver earn $60

1100-1600

In this 5 hours, Taxi driver will have the most advantages as they are able to roam around and pick up passengers from shopping mall, lunch crowd etc.
As this non peak hours, smart cummters with use taxi as it is cheaper.
Uber and Grab driver will be lucky enough to get 1-2 trip per hour, short distance. averaging  $8-$9 per trip.

Taxi Driver earn
 $75
Uber Driver earn $70
Grab Driver earn $72

Plus minus 45mins, you need to change shift and hand over the key to your next driver.

Grand total for 12hours shift driver driving from 0500 – 1700

Taxi Driver earn
 $195.21
Uber Driver earn $168.25
Grab Driver earn $177.00

 

Taxi Driver earn
 $195.21 – $93.50 = $101.71
Uber Driver earn $168.25 – $77.5 = $90.75
Grab Driver earn $177.00 – $77.5 = $99.5

 

While the night shift driver from 3 party normal drive until 3-4am in the next morning.
They spend lesser time in the jam, faster speed on the road, shorter working time as cummters are lesser after 3-4am.
However, they earn slightly more then the morning shift, approx 20% ~ 25% more due to the longer hours in mid night charge and more request for Uber and Grab riders.

However, there are lots of assumptions in the calculation, of course. For one, that there is no traffic jam during your morning peak hour commute.
Since taxis and UberX both charge based on time taken, it would probably be safer to go with GrabCar, which doesn’t charge you by the second.

That said, GrabCar does practice dynamic pricing, based on demand and supply in the area at the point in time you make the booking. That said, since you are already quoted the fare even before you book, there should be no surprises

After midnight, UberX and Grabcar is the cheaper , but that alos mean driver will earn lesser unless they are in popular places that surge.

So which is the best to use?

In each of the three scenarios, there is a different winner, despite the different fare earning.

Taxis are best for stable income, do note that depending on the taxi model, you might end up earning slightly more.

UberX and is the best option for part timers as they riders are normally mostly foreigners, you get to pick up more riders during the morning peak and evening peak, but you tend to suffer much more during the period 11am -4pm.

Grabcar and is the best option for Full timers as they riders are mostly locals, you get to pick up more riders even during the period 11am – 4pm.

Do you agree ? Share your experience with us,  We want to hear from you.

As you can tell, you won’t get rich from working as a taxi driver for Uber, grab or as a taxi driver.
On the bright side, this is extra money that you can made during this gloomy economic  situation.

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