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That argument applies to any similar business though, so while I think I get where you are coming from I don't know why you would treat Lyft specially, here.
by ska 7y ago
That argument applies to any similar business though, so while I think I get where you are coming from I don't know why you would treat Lyft specially, here.
- sokoloff 7y agoWhen considering “I’m being offered $300 for a 600 mile drive; is that more profitable (and by how much) than parking the car and watching TV instead?”, you should consider only those costs that vary with usage rather than those that you’d incur anyway. When considering “Should I buy a car to drive Lyft?”, you should consider all costs, of course.
- ska 7y agoOk, I see where you are coming from, but as far as I can tell for the majority of cases it seems that uber/lyft drivers are effectively running small businesses (notwithstanding the PR efforts to convince people it is "on the side"). So the realistic comparison is what other earning can I do in that time, not "sit on the couch", so the TCO comes in.