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Or Uber is offering the illusion of income and hoping they're desperate enough not to do the math on vehicle depreciation.


Income, not profit.


How does income with no profit benefit the drivers?


It can be a useful way to extract some value from your car without selling it. Say you are between jobs and have a car you bought new. You would like to keep the car, as you know its history, so you drive Uber to "sell" a part of the car until you get a new job.


You're describing, in essence, a predatory payday loan.


Not really. More like a way to sell a fraction of your vehicle's value while working for less than minimum wage in some cases. Not a great situation but, you are not paying high interest on a loan that you have to pay back.




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