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> The costs of electric self-driving cars will be so low, it will be cheaper to hail a ride than to drive the car you already own. Actually it's nearly to that
by spraak 9y ago
> The costs of electric self-driving cars will be so low, it will be cheaper to hail a ride than to drive the car you already own.
Actually it's nearly to that point for me already. I moved to LA from Hawai'i. In most places in Hawai'i having a car is essential if you want to go anywhere (not so much in Honolulu) - on my island the bus only ran every 2 hours until 4pm on the weekends, and some of the stops were over 5 miles apart.
But now that I live in LA, so any of my needs to go out can be met with Sprouts Amazon Prime Now, Uber and when I really need something coordinated I'll rent a Turo car. And all this costs me less than a monthly car payment would.
- chx 9y agoDon't forget the part where Uber is selling the service below cost...
- klipt 9y agoSubsidized Uber rides are proof that venture capitalists love us and want us to be happy.
- matty22 9y agoSame for me. I happen to live in a place with decent enough bus routes. A monthly bus pass is $90. Insurance for the single car my family owns is...$90. So already a bus pass is on point with owning a car and that's just for insurance. Add to the cost of operating a vehicle: gasoline, oil changes, repairs, annual inspections/registration, etc. Busing for my commute and then using Uber/Lyft/Zipcar for abnormal trips is cheaper than owning and operating a personal vehicle, today. Forget about 2025.