30th March 2023

How Much can I Earn as a Private Hire Driver?

Private hire drivers can expect a financially rewarding career when working with a prestigious operator like Addison Lee. We ensure that all our drivers earn at least the London living wage and higher.

How Much Do Private Hire Drivers Earn?

How much can I earn monthly? Indeed estimates the average base salary for a private hire taxi driver in London at £2 762 a month.

How much can I clear in a week? Average weekly earnings for London private hire drivers are estimated at £714.

  • Working with Addison Lee, you can out-earn the average PHV driver and make at least £1 000 a week before vehicle hire.
  • If you’re a licenced PCO driver with your own car, you could earn at least £1 500 a week for the first 4 weeks of driving for Addison Lee.

How does this compare to the current living wage? The average hourly earnings of £23.99 are 40% higher than the national average, and roughly double the London living wage of £11.95.

How many hours do I have to work? As a self-employed private hire driver, you have the flexibility to set your own hours. Working during peak times is likely to boost your earnings, but you can choose the hours that work best for you. Note that the daily driving limit states you can’t drive for more than a maximum of 10 hours a day.

Taxi Driver Salary and Car Rental Rates

At Addison Lee, we go the extra mile to help our drivers minimise expenses and maximise income. We provide some of the lowest vehicle rental rates on the market, and we even waive these rates for drivers who hit a weekly points target. Our vehicle rental also includes a comprehensive maintenance package covering insurance, repairs, licencing fees and more.

Register with Addison Lee today and join our team of elite private hire drivers.

 

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