Monetize Your Ride With Uber

9:49 PM

So you just got yourself a brand new Ponda Civil (bukan nama sebenar) for Raya. Then, at the end of the month you suddenly realize;

"Aaahhhh, duit habis! Takkan have to eat Maggi every day!"

The monthly installments took a heavy toll on your disposable income.

"Ini semua gomen punya pasal. Habis naik cost of living." you said to yourself. (This is sarcasm by the way.)

Well, if you happen to live in:
1. Klang Valley
2. Penang
3. Ipoh
4. Johor Bharu
5. Kota Kinabalu can monetize your car by registering as an Uber Partner. 

Unless you are a frog under a coconut shell (katak bawah tempurung), you should have heard of Uber somewhere. It is an app based service which allows you to hitch a ride with a registered Uber partner. Its actually like taking a taxi, minus the:
1. Non compliance to the meter
2. Negotiation of the fare before you board the taxi (only to get the answer "Saya tak pergi situ" or an exorbitant amount).
3. Less than desirable vehicle condition.
4. Sudden 'top up' fare upon reaching the destination ("Kalau nak saya hantar sampai dalam kena tambah RM 10").

When you register as an Uber Partner, you are forming a joint venture with Uber. They provide the app which users (riders) will use to hail your service, while you just provide the vehicle and manpower to get the riders to their destination. Uber gets 20% of the fare, while you keep the remaining 80%.

For example:
A trip from A to B cost RM 10. 
The rider is charged RM 10.
Uber gets RM 2 as commission.
Uber partner gets RM 8.

Fact: Uber DOES NOT own any vehicle despite it being a multi million dollar company.

"This fella talk only. Where got doctor doing Uber!" I hear some people say.

Well, I'm a partner for Uber Ipoh. I've been doing it for 3 months now. However, I've only being doing it part time. When I say part time, it's REALLY PART TIME. I usually do it around two to three days a week for around  one to two hours per day. Due to my overpowering malas-ness and need to workout once a while, I only make around RM 40 to RM 60 a week. Not much I suppose, but that is still RM 160 to RM 240 a month!

Here's how I do it, bodobodo je:
1. Turn on the app on the way back from work.
2. Before reaching home, I would make one round either at Ipoh Oldtown, Ipoh City or Canning Garden area.
3. I'll just drive drive slowly trough these areas, stopping by for Tau Fu Far or chendol.
4. On a good day, I can get 5 trips in 2 hours. Otherwise 3 is the average number of trips.
5. My average trip is around RM 5. The most I got for a single trip is RM 13 (Gunung Rapat to Terminal Aman Jaya).
6. Even if you don't get any trips, Uber will pay you hourly guaranteed rates as an incentive to get you online at core areas. However, as compared to Uber peers in KL, Uber Ipoh only gives RM 5 to RM 7 (depending on the peak hours).

How do Uber charge the riders (in Ipoh)?
The base fare is RM 1 
RM 0.50 per kilomter
RM 0.25 per minute

A journey from A to B is 5 km and takes 5 minutes.
RM 1 + RM 2.50 + RM 1.25 = RM 4.75

*rates may be change according to Uber's policies.

How does Uber pay the partner?
1. For cash payments (by riders), the partner is entitled to keep all of it. Uber's commission will be deducted from the next credit card payment.
2. For credit card payments & other incentives, Uber will bank in directly to the partner's bank account every week. Usually on Wednesdays.

This is my experience with Uber Ipoh. I can assure you, Uber Partners in Kuala Lumpur and Penang CAN earn more as there is more demand for such services and their guaranteed hourly rates range from RM 15 to RM 30 . In Ipoh things are just heating up. Demand is rising by the week.

I had a chat with a few Uber Partners from KL when I was using their services. Their average trips per day (after office hours) can reach up to 20 trips. And they can earn up to RM 400 per day. Just by doing part time.

However, do note that Uber is NOT YET regulated under Suruhanjaya Perkhidmatan Awam Darat (SPAD). Thus, you may have the risk of being on the wrongs side of the law.

I actually have lots more experiences to share but I'll save it for another day. I'll write more on it if there are this post gets some decent likes and shares :)

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  1. Salam. Just wonder, to what extend it is safe for a female driver to work part time as a UBER partner in Malaysia?

    1. Waalaikummussalam Humaira. I guess, all drivers face the same risk regardless of the gender. I find that most of the riders are very pleasant. If they are the talkative type, they'll sit at the front seat. If they are the type not in the mood to talk, they'll sit at the back. I would suggest that you tell your loved ones when you are online as an Uber Partner and your area of coverage. Hope this help. You can also try and email Uber. They are quite quick in responding to emails.

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