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>The better Uber gets, the more people can do without cars Perhaps, but fares would have to drop by about half. My daily commute is 18-25 minutes each way. Cu

>The better Uber gets, the more people can do without cars Perhaps, but fares would have to drop by about half. My daily commute is 18-25 minutes each way. Current Uber rate is about $20-25 to get me between home and work (midwest metropolitan city). That works out to 249 * $ 20 * 2=$9960 / year to take Uber currently. True cost to own for my current vehicle is between $4000-5000/year. My wife has a car as well and needs one during the day. If Uber became close to cost effective with owning, I'd drop my car, take Uber, and we could use my wife's car for all our other transportation needs.

exDM69 11y ago
> Perhaps, but fares would have to drop by about half. But the opposite is going to happen when they stop subsidizing fares. At the moment, they are ripping off their drivers and still making a loss on each ride they sell. Their strategy is predatory pricing and that won't go on forever. I'd be willing to share rides (with other passengers that is) as long as it gets me from where I want to my destination with a single hop and pay a reasonable price for that. At the moment I'm taking two buses to work and I can beat that with a bicycle (14 km or 8 miles in 40 minutes at best, 70 minutes at worst). That time should be beatable using smart routing of small vechiles (I have 5-20 min of waiting for my connection typically), using "maximum flow" rather than "shortest path" algorithm. There is such a bus service available here but only in the urban areas so it won't take me to work from where I live.