I know there are many skeptics but I earned $2500. If I deduct gas of about $50 a week, I am at $2300, minus 25% taxes, I am still at $20 an hour. I guess I could subtract mileage but from what I understand that is a wash with taxes/mileage deduction.
Ok. You've factored in gas.
What are your per-mile operating costs in terms of the rest of the vehicle? Tires, oil, other maintenance, depreciation, higher insurance costs for commercial use, etc?
The current IRS mileage rate for the fixed and variable costs of driving a vehicle is 54.5 cents/mile.
The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile.
For a "newer vehicle" as you state you're driving, unless you can demonstrate that your overall operating costs are significantly lower, that's a good metric to use. At 60mph, that's $30/hr in operating costs, just for reference.
Uber/Lyft are great from a rider perspective, but fundamentally they're a mechanism to exploit people who don't have a good sense of vehicle operating cost (and, at least for Uber, to extract massive piles of venture capital and such for being a "disruptive" "app based ecosystem" in the "sharing economy" or whatever pile of crap they're spouting most recently).
If you're keeping track of
all the costs and are still coming out ahead, great! But it's not nearly as profitable as people seem to assume.