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Because for tax reasons Uber wants to make it very clear they aren't the ones with the vehicles. You're using (sharing?) the driver's vehicle.
by jonknee 10y ago
Because for tax reasons Uber wants to make it very clear they aren't the ones with the vehicles. You're using (sharing?) the driver's vehicle.
- vkou 10y agoMany taxi drivers own their vehicle. (If you can afford it, it's often more profitable to do so, then to rent the cab from your company.)
- akiselev 10y agoI don't believe the vast majority of taxi drivers own their vehicles because in most jurisdictions the cars are tied to a taxi medallion number and those are much more expensive. I.e. before Uber taxi medallions in NYC cost on the order of two to three hundred thousand dollars because of limited supply. More often than not, taxi cab owners have more than one medallion/car and rent those out to drivers. This was a great investment pre-ride sharing
- vkou 10y agoEven in NYC, some drivers would own their medallions - many of them banked on being able to sell them when they retire.