The thrall of driving for a rideshare company like Uber or Lyft is usually centered around how you determine your own hours, so you can work for as long or as little as you want. Offering rides during peak times can result in higher pay, whether it’s from prices increasing or because there are more requests. With this power in the driver’s hands, it seems like a simple decision for many who are interested in this position. However, there are other costs that potential drivers may not know about. Let’s go over what the costs of driving for Uber and Lyft entail.