Fleet economics

10 vehicles can become a real business.

Nothing is hard-coded. Enter the average competing fare in your market, set your price against it, and every number on the page recalculates.

Your assumptions

Fleet size10 vehicles
Vehicle cost$30,000
Rides per vehicle per day35
Operating days per year365
Local average Uber / Lyft fare$25.00
Your fare as % of that ride50%

Your modeled fare

$12.50

Initial vehicle investment

$300,000

Illustrative gross ride revenue

Cars

10

Rides / day

350

Gross / day

$4,375

Gross / month

$133,000

Annual gross ride revenue

$1,596,875

35 rides × $12.50 = $437.50 per vehicle per day × 10 vehicles × 365 operating days.

Illustrative scenario only. Revenue is not guaranteed and does not represent profit. Actual fares, utilization, operating days, platform fees, financing costs, charging, insurance, maintenance, taxes, cleaning, regulation and other expenses will affect results.

THREE FARE SCENARIOS

Modeled at half the average competing fare, 35 rides per car per day, 10 vehicles, 365 operating days.

$20 average Uber / Lyft ride

$10.00

Modeled fare at half price

Gross / day
$3,500
Gross / year
$1,277,500

$25 average Uber / Lyft ride

$12.50

Modeled fare at half price

Gross / day
$4,375
Gross / year
$1,596,875

$30 average Uber / Lyft ride

$15.00

Modeled fare at half price

Gross / day
$5,250
Gross / year
$1,916,250

All three scenarios are illustrative gross revenue projections before expenses — not expected or guaranteed profit.

Start with 10. Build to 100.

10$1.60M
25$3.99M
50$7.98M
100$15.97M

Mathematical illustrations of gross ride revenue before expenses at 35 rides per vehicle per day and a $12.50 average fare — not forecasts, not profit, not guarantees.