Most private hire drivers are on the UberX & GrabCar (Economy) platforms. Some have chosen to provide a more premium service on UberExec & GrabPremium with better cars and higher fares.
Here is a comparison between these two kinds of services in terms of fares, incentives, demand and driving pattern over a typical 10 hour shift of driving.
UberExec/GrabCar Premium(10 Hours)
Drivers spend most of their time waiting for trips on the UberExec & GrabPremium platforms while UberX & GrabCar drivers typically spend most of their time on the road driving. It is not uncommon to wait over an hour for a ping even in busy areas.
Driving distances are typically lower on UberExec & GrabPremium trips because the rates are much higher. The longest trips will be airport transfers to/from central areas but many trips are much shorter.
Both the rental costs and fuel consumption of premium vehicles are typically double that economy vehicles.
Many UberExec & GrabPremium drivers will get requests from passengers who arrange for a ride in advance. These jobs are typically cash jobs and most reasonable quotes are accepted which makes this a good source of additional income.
[See the full post at: Brief Comparison between UberX/GrabCar & UberExec/GrabPremium]
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