Uber or Careem Investment

[contact_shaf]

I am interested in investing some vehicles in Uber or Careem. As of June 2018 how productive is it as the numbers of vehicles have exponentially increased in past couple of years? Would highly appreciate if some one can help me with following bunch of questions:
Q1. What monthly take home profit should i expect by keeping one Wagon R car with Uber or Careem in Lahore?
Q2. What monthly take home profit should i expect by keeping one rickshaw with Uber or Careem in Lahore?

All the blogs that i have read are from either 2016 or 2017 and i am unsure about the current scenario, thatswhy i am asking it here on this platform.

[tariqee1980]

Bro
I did the same thing but I am sorry to say that according to my calculations and experience with Uber and careem it's totally waist of time and money and your investment.
Simply you will work 10-12 hours in a day in go + get 6 max rides because people are Sharp enough to save money unless they are 6 or more laguage .
You will get cash of 5 thousand and will pay 1500 to careem and minimum 1500 to fuel.on top of that car breakage .
If you will earn 15000 ideally in a week u will be superised.
Simply don't waist your time and money.

[dakoon]

With the oil price increasing and other ex[penses also on increase I don’t see careem /Uber a reliable option now . Rikshaw drivers are earning more money then what a careem ‘Uber driver makes

[abrarshaikh1]

Wagon R is Go not Go+ at Uber and Careem. You also have the option of Mini (Mehran; Coure), if you don't plan to drive yourself, with a driver you get like 20-30k all expenses paid. This will not include car breakage. I don't have a personal experience, I asked a driver who was getting paid 30k per month to drive a careem. But again that was 6 months ago. Best thing ask a couple of driver and they will be able to guide you.

[contact_shaf]

thanks for your response, do you mean rickshaw on uber or careem or the other normal rickshaws?

[contact_shaf]

Thanks for the detailed response, so does it mean that an average take home after a month will be close to 40 thousand, assuming that the driver and uber/careem have been paid?

[dakoon]

Normal rikshaws bro

[aliusman420]

People are selling off most off the cars they were using on Uber/Careem. This is because of excess supply, many drivers barely manage 5-6 rides per day and that is not profitable business. The car’s maintenance expenses take away most of the profits.