What is an achievable wage of a Driving Instructor? 14th September 2011
One of the most burning questions I get asked on a daily basis is how much can I potentially earn being a driving instructor? Well I have given the answer below , obviously this is estimated and it does vary, hope you find this useful?The biggest cost when running a business is the car. Fuel, upkeep and repairs all have to be accounted for, and they can be very expensive. However, as a franchise we will provide the instructor with a car, along with covering tax, servicing and maintenance.A driving instructor?s earnings will vary depending on the level of experience and the type of work that they are involved in. As an indication of total yearly profit:
- First year: £15,000
- With some experience: £23,000
- Experienced: over £30,000
Whatever hourly rate is being charged, the instructor must take into account that a car can cost up to £9 per hour to run, with fuel costing an average of £60 per week if working full time.
If you are running your own car the figures per year are estimated at:
- Car – £3,000 – £6,000
- Insurance – £300 – £700
- Instructor Association – £100
- Green Badge – £50
So outgoings could be between £4000 (for a small enterprise, with lots of hard work, lots of recommendations and word of mouth) and around £10,000 (for a larger enterprise that someone wants to grow into a real business).
Income we will base on lesson price – fuel.
Fuel is usually around £2.00 (diesel) and £2/hour’s tuition, though with a rural area this will be higher.
Average lesson prices are currently around £21/hour after discounts and cancellations, though can be pushed up to around £23/hour.
So for an instructor working around 25 hours of tuition (comfortable) each week, they should receive between £525 and £600 each week.
For an instructor who is willing to work very hard, work up to 7 days in the week, and do this week in, week out for 48 weeks in a year, then working 50 hours a week could earn between £800-£900 per week.
If you want to know more how to become a Driving Instructor click here