How It Works
Three simple steps to get accurate calculations
1
Enter Car 1 Details
Input value, MPG, insurance, and maintenance.
2
Enter Car 2 Details
Add the same details for your second option.
3
Set Driving Volume
Define weekly miles and earnings per mile.
4
Compare Results
See which car earns more and by how much.
Loading Rideshare Car Comparison Calculator...
Frequently Asked Questions
Should I buy a hybrid for rideshare?
Often yes. Hybrid fuel savings: $0.05-0.08/mile. At 30K miles/year = $1,500-2,400 saved. Hybrids also have lower maintenance (regenerative braking). Higher upfront cost is usually recovered in 1-2 years of driving.
Is a newer expensive car better for rideshare?
Not always. Higher depreciation can offset benefits. A $20K car depreciates $0.10/mile, a $40K car $0.20/mile. Exception: If tips are significantly higher (XL, Black) or reliability prevents missed days.
What MPG should I target for rideshare?
Minimum 30 MPG, ideal 40-50+ MPG. Each 10 MPG improvement saves ~$0.03-0.05/mile in fuel. Top earners drive Prius (50+ MPG) or similar hybrids. EVs can be even better if you have home charging.
Should I consider an EV for rideshare?
EVs can work well IF: You have home charging, range covers your driving, and you understand battery degradation. Fuel savings: $0.08-0.12/mile. Main concerns: Charging time, range anxiety, battery replacement cost.
How does depreciation affect car choice?
Depreciation is often your biggest cost. A $30K car losing $6K/year driven 30K miles = $0.20/mile just in depreciation. Buy used (3-5 years old) to minimize depreciation while keeping reliability.
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Results are estimates for informational purposes only. Consult professionals for important decisions.