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They're including depreciation which makes sense for small businesses that turn over their fleet every X years. If you're not swapping cars ever few years depr
by dsfyu404ed 7y ago
They're including depreciation which makes sense for small businesses that turn over their fleet every X years.
If you're not swapping cars ever few years depreciation per mile is basically irrelevant because age and what you use the vehicle for will dominate depreciation.
- lonelappde 7y agoYou can't drive Uber in an old car, can you? Edit: apparently you can, and drivers leasing new cars to drive are getting creamed.
- bdcravens 7y agoIn many markets, the car can be up to 15 years old. https://www.uber.com/drive/houston/vehicle-requirements/ https://www.uber.com/drive/houston/vehicle-requirements/
- mikeash 7y agoAn Uber driver will typically drive 30-50,000 miles/year (looking at a few quick search results). At that rate, your car will wear much faster and require replacement or major maintenance much sooner than is typical.