4 ms·
How can owning a car be more expensive than having someone else own a car and paying them for it, while also paying them to drive it, while also the app gets a
by jerrre 7y ago
How can owning a car be more expensive than having someone else own a car and paying them for it, while also paying them to drive it, while also the app gets a share? Is the base cost of owning a car so high? Do the apps subsidize so much?
- thatoneuser 7y agoCars are pretty expensive and I think most people really only need them sometimes (if you're poor enough for this to be an issue you won't be driving all over for fun nights and weekends). If you could bus to work, taxi to a few stores and only pay $100 or so - that's just insurance. If youre paying a car off its easily $200-500 a month in top. Plus gas, plus maintenance, etc. Cars have the same issue phones do - they aren't necessarily needing to get better, but manufacturers want money so they're expensive when they don't really have to be.
- vikinghckr 7y agoWell, if you own a car just for commute, it's sitting idle for 23 hours out of 24. Whereas the Uber/Lyft driver is using it for 8-12 hours a day, and the overall ownership/maintenance cost is not linear with usage. On top of that, add UberPool, and the cost for ride hailing goes even lower. So essentially, ride hailing can be thought of as a form of public transport.
- deleted 7y ago[deleted]