3 ms·
That's all-in cost, including depreciation and fuel and insurance and maintenance. This is why UberX sort of works for some drivers. The rate for a new car is
by rdl 8y ago
That's all-in cost, including depreciation and fuel and insurance and maintenance. This is why UberX sort of works for some drivers.
The rate for a new car is much closer to the federal reimbursement rate ($0.545/mi), mostly depreciation. Obviously driving a new lambo at 100mph will be more like $4/mi.
- craigzucchini 8y agoI'm really not finding how this can work out to $0.15. Could you clarify about what the federal reimbursement rate is? Again, if that number were true—which it may be but so far it seems unlikely—the remaining issues are important. AAA, CAA, and other news sources, it takes a very generous amount of miles to get there.