Uber Driver Earnings with a PCO License: Realistic Numbers & ROI (2024)
Introduction
Getting a PCO license is an investment—between the application costs, medicals, and vehicle expenses, it can easily total over £1,000. But once you’re approved and driving, what can you realistically earn as an Uber driver in London? More importantly, how long does it take to recoup your costs?
This blog breaks down what new and experienced Uber drivers can expect in terms of weekly earnings, bonuses, expenses, and long-term return on investment.
What Do Uber Drivers Really Earn in London (2024)?
Uber advertises earnings of £18–£25/hour—but what does that look like in reality?
Based on real-world data:
- Part-time drivers (20–25 hours/week): £350–£550 gross/week
- Full-time drivers (40–50 hours/week): £700–£1,100 gross/week
- Top earners (Uber Premier/Comfort with EVs): £1,200–£1,500+/week
Note: Gross earnings don’t include vehicle costs, insurance, or platform fees (25%).
Typical Weekly Expenses for PCO Drivers
| Cost Category | Petrol/Hybrid Car | Electric Vehicle |
|---|---|---|
| Fuel/Charging | £150–£180 | £40–£60 |
| Rent (if not owned) | £200–£280 | £200–£250 |
| Insurance | £30–£50 | £30–£50 |
| Uber Commission (25%) | £175–£275 | £175–£275 |
| Total Expenses | £600–£750 | £450–£600 |
Pro tip: Drivers using ULEZ-exempt EVs like the BYD Dolphin often save £1,000+ per quarter in avoided charges and reduced fuel costs.
PCO License Start-up Costs
| Item | Cost Estimate |
|---|---|
| TfL Application Fee | £124 |
| DBS Enhanced Check | £52 |
| Medical Exam (GP) | £80–£150 |
| English/Topographical Test | £40–£70 |
| Vehicle Rental (per week) | £200+ |
| Total (without car) | £500–£700 |
| Total (with initial rental) | £1,000+ |
Most drivers recover this within 3–6 weeks of full-time driving.
When Will You Break Even?
Let’s say you earn £900/week gross and spend £600/week on running costs. That’s £300/week profit.
- You’d recoup £1,000 in PCO setup costs in ~3.5 weeks.
- After that, your profits go toward savings, bills, or scaling up.
Tip: Uber offers weekly bonuses for completing 50, 80, or 100 trips—often £100–£200 extra. Use these early to accelerate your ROI.
How to Maximise Your Earnings
- Work Peak Times: Friday/Saturday nights, weekday rush hours.
- Use Electric Vehicles: Save on fuel, ULEZ, and Congestion Charges.
- Join Uber Comfort or Premier: Qualify with high-rated cars like the BYD Atto 3 or Tesla Model 3.
- Accept Promotions & Quests: Boost pay for completing trip goals.
Full-time, smart-driving Uber drivers can realistically clear £1,200–£1,400/month net, after all expenses.
Related Reads
🔗 Best PCO Centres in London: Wait Times & Success Rates 🔗 PCO License Application: Common Rejection Reasons & Fixes