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How much can you really make as a Grab driver?
Find out if signing up as a Grab driver is worth it.
How much you can make as a Grab driver is a contentious issue. Try to find an answer and you’ll get a few estimated average incomes. You’ll also find some debate over how much drivers actually earn. This is largely due to all the other costs that need to be factored in when you become a Grab partner driver. The guide below can help you find out how much you can expect to make as a Grab driver in Singapore before expenses, what expenses you need to deduct, and what your take-home pay will be each month. You can also use the calculator on this page to get a rough estimate of your yearly Grab income.
How much can I expect to earn?
As a part-timer, assuming you drive 3 hours per day for an entire week, you should earn around $617 a week. If you’re a full-time Grab driver that drives for 8 hours from Monday to Friday with an hour break, you would earn around $945 a week. These are figures we’ve derived from using Grab’s calculator. Also, keep in mind that these earnings do not take into account any additional expenses that you incur as a driver, such as car insurance. If you want to start earning money by driving for Grab, click here to find out how you can get started today.
Grab income calculator
Use the calculator below to work out how much you can earn as a Grab driver. Simply enter in all your expenses as well as the hours you’re willing to work and the calculator will do the rest. Disclaimer: Many of the comments in this article are general in nature and anyone intending to apply the information to practical circumstances should seek professional advice to verify the applicability to their own circumstances. Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as indication only. It doesn’t take into account your financial circumstances and they are neither a quote or guarantee of your income as a Grab partner driver.
What expenses do I need to take into account?
Becoming a Grab driver has its fair share of expenses that can eat into your weekly pay:
- Car loan repayments. Is your car under finance? You’ll need to take your loan repayments into account.
- Insurance. It’s mandatory to purchase commercial insurance for private-hire purposes in Singapore.
- Petrol. This will be relative to how many hours you work and how much you use your car outside of Grab-driving.
- Phone plan. While you can claim this on tax as a work expense, you still need to have a plan that gives you fair amount of data, calls and GPS use each month.
- Car maintenance. This can include car repairs, tyre replacement and repairs and the general upkeep of the car such as getting your oil changed. This will differ depending on how old your car is, what type of car it is, how often you drive it and how you drive it.
- Parking. Do you pay for parking during your daily Grab driving? Factor this into your expense.
- Extras. If you’ve ever ridden in a Grab you’ll note that they’re generally quite clean. You might even notice a few extras such as sweets, water or even magazines. If you want to keep your Grab partner rating up, you might want to consider offering your passengers a few extras. At the very least, cleaning regularly is a must.
Taking all of your expenses into account can help you manage your budget and even reduce what you’re spending. Remember, any of the above is tax-deductible.
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