Fueling up at Your Fingertips with GasBuddy
By: Tommy Andrews
There are over 1.4 million people registered to drive with Lyft. Even still, Uber has a bigger market share. Which means there are millions of people driving for Uber, Lyft, and other services.
Yet with that many drivers, it’s harder to make a good profit as a rideshare driver. There are a few ways you can increase your bottom line: make more, and spend less.
When you look at how to cut you’re spending, you’ll probably notice that gas is your biggest expense as a driver. So what can you do to cut back on how much you spend on gas, while still getting the job done?
If you’re a rideshare driver, and you aren’t using GasBuddy, you’re hurting your bottom line. GasBuddy is the number one tool most drivers use to save money on gas.
Here’s everything you need to know about GasBuddy, and why you need to start using it today.
What is GasBuddy?
GasBuddy is a free app for Android and iPhone. You allow the app to view your location, and it tells you the last reported gas prices for gas stations near you.
Depending on your location, prices can span 50 cents or more per gallon from one gas station to the next. If you put 12 gallons, one trip can save you six dollars!
It’s easy to use, easy to organize by price and location. At the tap of a button, GasBuddy will enter the location into your map app. That way you know exactly how to get to your desired gas station.
That’s the beauty behind gas buddy, it’s got your back.
Don’t Forget to Pay With GasBuddy
On top of letting you know where to get the best prices, GasBuddy also offers a feature called Pay With GasBuddy. The free program saves you an extra 5 cents per gallon, just for using the card!
GasBuddy also has a plus and premium membership with extra bonuses.
Plus membership is $5 a month. It saves 20 cents a gallon for the first 40 gallons and the standard 5 cents a gallon after that.
Premium membership is only $2 more. On top of the plus membership perks, you also get 24 hour-roadside assistance.
On average, GasBuddy says it saves its users $340 annually.
To get the most out of GasBuddy, check the app regularly. Pay attention to which part of town has the lowest prices. That way, when I ride takes you close to the gas station, you can get cheap gas without going out of your way.
Even if you aren’t low on gas, you’ll save the most money by filling up when you’re close to cheap gas. That way you don’t waste gas on unnecessary miles, and you don’t overpay for gas by letting your tank get to low.
GasBuddy is the best way to save money on gas, but it’s not the only way. Here are a few more tips to get the most fuel for your buck.
Avoid Idling and Pointless Trips
If it’s cold out, you want some heat. You have a moment or two between trips, so it makes sense to run a quick errand.
Tactics like these seem harmless, but they can hurt your fuel mileage. Instead, avoid making extra trips, and idle as little as possible.
When you drive, pay attention to log stoplights or places where trains cross. If you’re caught at one of these stagnation points, consider turning off your engine. Not only will this help save fuel, but it’ll also help reduce the carbon emissions we pump into the environment.
Keep Your Car In Top Shape and Tires Full
Keeping your car running as efficiently as possible will improve its gas mileage. Make sure the air filter is clean, your car has regular maintenance, and your tires stay full.
Your job is to get the passenger to their destination safely. And going faster only burns more fuel. Maintain the speed limit, but don’t feel like you have to go over.
Driving fast and recklessly puts you, your passengers, and other drivers on the road in danger. So don’t be afraid to relax and take it slow.
Remember to Claim Your Business Expenses
As a rideshare driver, you’ll file a 1099 tax form. You can claim any business expenses as tax-deductible. So keep track of all your gas and car maintenance receipts. You can even use an app like Quickbooks to help make this easier.
When tax season rolls around, you’ll be glad you did. Deducting these rideshare expenses will make it a lot easier on your bottom line.
Gasbuddy is a Must-Have for Every Driver
You can download the free GasBuddy app today and get started using their great benefits. Use these tips and tricks, and watch your bottom line grow.
Remember to take good care of your vehicle, and idle as little as possible. Remember, little tactics add up to make a big difference.
Don’t forget there are other things you can do to boost your rideshare income. This way gas eats up a smaller part of your profits. Here are a few of our favorite rideshare driver tips.
Don’t forget Uber and Lyft offer bonuses, so learn to take advantage of them.
Want to know how to make the most you can while driving for a rideshare company? Schedule a call today to get a consultation from one of our experienced drivers.