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In the rare occasions I take an Uber I always ask about the economics of it. From my anecdata it seems like most have never done any modeling of depreciation or
by dclusin 6y ago
In the rare occasions I take an Uber I always ask about the economics of it. From my anecdata it seems like most have never done any modeling of depreciation or maintenance cost forecasting, even extremely basic like miles until major service required and how much it would cost. At most they factor in the monthly oil change, if they even do that.
Maybe some enterprising person on here could make a slick web app to help people estimate depreciation and maintenance costs, with a user interface that people with a high school diploma could understand.
- mrfusion 6y agoMmm said “if you wanted to build a business model around people not understanding depreciation, Uber would be it. “
- Jommi 6y agoWell that's the thing. They just want to drive people and earn money. Uber made that super super easy.
- cskinner 6y agoOur local motoring association (RACV in Victoria, Australia) provides a car running cost calculator, including precomputed values for common models organised by category. Their methodology seems pretty solid. https://www.racv.com.au/on-the-road/buying-a-car/car-running-costs.html https://www.racv.com.au/on-the-road/buying-a-car/car-running...