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I have no familiarity with #2 so that's interesting to me-- do you or other people actually use uber/lyft to get to and fro work? Isn't that like $15-20 each wa
by aerovistae 6y ago
I have no familiarity with #2 so that's interesting to me-- do you or other people actually use uber/lyft to get to and fro work? Isn't that like $15-20 each way every day, thousands of dollars a year?
- kccqzy 6y agoDepends on where you live. Probably subsidized by employers, just like public transit is sometimes also subsidized by employers. Even when it's not, the mental health benefit you can get from not behind the wheel stuck in traffic is certainly worth thousands of dollars per year.
- SatvikBeri 6y agoIt made a big difference for me with occasional trips, I took public transportation to work, but Uber/Lyft meant I could go visit my friends for $10 and 10 minutes instead of $2 and 45 minutes. Note that a car also costs thousands of dollars a year once you factor in everything, Edmunds estimates the true cost of a corolla at $7k/year: https://www.edmunds.com/toyota/corolla/2020/cost-to-own/ https://www.edmunds.com/toyota/corolla/2020/cost-to-own/
- lotsofpulp 6y agoI have multiple experiences with Toyota’s driven 200k to 300k miles with just standard repairs. A Corolla costs $20k? $25k? Let’s say $1k for new tires/brakes/oil changes/filters every 45k miles. That’s $333 per year for maintenance, and the car lasts 13 to 20 years at 15k miles per year for 200k to 300k miles, so let’s say $2k per year on the high end, $1,200 per year on the low end. Extremely high liability insurance is $50 a month or less. Fuel is 10 cents per mile if you assume $3 per gallon and 30 miles per gallon, so $1,500 per year in fuel for 15,000 miles. $1,500+$50*12+$2k+$333 = $5k per year on the high end. Excluding insurance and fuel costs, you can push a reliable Toyota/Honda’s costs down to 5 cents per mile or less.
- jaxn 6y agoAdd parking in a major city (the places Uber/Lyft are a viable alternative).
- lotsofpulp 6y agoYes, parking is the big expense that makes Uber/Lyft worth it.
- kiliantics 6y agoAAA does this kind of calculation in more detail and publishes its results regularly for the average cost per mile driven for an average car owner in the US. It's on the order of about a dollar per mile, depending on the kind of car. Average sedan is about half a dollar, so you are still out by a factor of 10. It's obviously going to be higher in certain places too, like in cities, where there are extra and higher costs to car ownership.
- tachyonbeam 6y agoYour maintenance cost seems optimistic to me, and you're also omitting parking and the cost of parking tickets (surprise yay), but besides that, I would say that there's a fairly high cost in terms of time and stress when driving a car. As someone who doesn't own a car, I don't have to worry about parking tickets, or de-snowing my car, car not starting in winter. I also don't have to worry about finding parking, or parking tickets, dealing with repairs and scammy repairmen, paperwork, my car getting stolen or damaged, etc. I also don't have to worry about driving drunk. It's pretty freeing to go out with friends and just have a car drop you at the door, and another car pick you back up when you want to go, and never having to worry about parking, when your parking timer might run out, or drunk driving. And all of this being said, as someone living in a big city, between public transit, bike rentals, walking and ridesharing, the total cost I pay is less than your stated 400/month.
- SatvikBeri 6y agoOthers have commented on other points, but I'll note "Extremely high liability insurance is $50 a month or less." – the cheapest liability only insurance I can find is $120/month, and I'm 32 & married with a clean driving record. $100–$150/month seems to be the norm, talking to my friends.
- salted-fry 6y agoI do use Lyft to get to work most days (or did, in the Before Times). I just checked a few hopefully-representative months (June/July/August 2019) and it looks like I was spending about $400/month. Google tells me that the average TCO of a car is about $700/month, so this would seem like a net win. That average might not be representative of my needs though - it's likely being dragged up by people driving around giant SUVs and such, so take this comparison with a grain of salt.
- spartanatreyu 6y agoTaxis would be at least twice as expensive, for a service that couldn't rate their drivers and customers and sometimes you'd have to wait in a queue to have your call taken so you could get picked up. Currently there's only one disadvantage to ride-sharing apps, you can't wave down a car if you see one. You have to open the app first to request a ride, and that car might have driven away by then.
- x0x0 6y agoin sf, pre uber, taxis just didn't come. They were extremely unreliable -- call, and they'd come if they felt like it. maybe. and on their own schedule. Also, they were run by utter assholes who knew you had 3-4 companies to choose from, and they all sucked. uber and lyft later turned it into a service that was highly reliable (came, or at least told you if they weren't coming). It seriously enabled the use of taxis as a reliable part of a transportation solution, or eg to cover the 1-2 days a week you needed a car without having to own a car.
- aerovistae 6y agoReally interesting! Didn't know. In the northeast taxis are generally reliable, although I've never used them with the regularity of someone who uses them to get to work.
- x0x0 6y agoYeah, I think if your baseline is NY or somewhere like that were taxis weren't allowed to screw over the entire city for a couple decades, people don't understand why uber and lyft are loved in california. I'm not a fan of their labor practices, but the situation before was indefensible.
- aksss 6y agoThis describes the taxi experience I've had in every city the world over. Not that I've been everywhere, but places in Europe, Asia, North/Central America, that's been my experience. Small towns are generally better because the taxi driver isn't anonymous.
- astrange 6y agoThey're fairly polite in Japan and don't try to rip you off, but many taxi drivers are 900 years old and have incomprehensible accents (Japanese ones, not foreign) so it can be a little hard to explain where to go. I think they're fine in the UK too. But they absolutely aren't in California, Uber was a godsend and far less criminal even considering all the stuff they have done.
- paxys 6y agoI used to take UberPool (or the Lyft equivalent) to work every day for more than a year (around 2016). It was on average ~$3-4 one way, slightly more than but still comparable to public transit. The door-to-door time would be 15 minutes as opposed to 40. And I often got discounts which made it cheaper than public transit.
- will4274 6y ago250 days is mon-fri, with three days off. 250 * 2 * $20 is $10,000. That sounds like a lot, but - it depends on what you gain/lose. If you can avoid buying a car (plus insurance and gas), and live a little further away, in a place that's a little bit cheaper - you can easily save more than $10,000 a year. Uber-enabled at the edge of the city for $1200 / month vs walkable in the middle of the city at $2000 / month, and you're pretty close to break even. I still took the bus for fixed commutes (to and from work) - when I woke up on time. But uber is very convenient if you're in a city - the population density makes rides near instantaneous.
- showerst 6y agoIt's too expensive to take to work, but I live in a city (DC) with a downtown centered transit system, so certain 20 minute drives take an hour or more on transit. Add in a 5-10 minute walk on both sides if your home/destination aren't right on top of a metro, and some trips become super inconvenient. If you know DC, I'm thinking, say, Van Ness to Eastern Market, H-street, or anywhere off-metro in SE over the river. Cabs here are infamously unreliable, and just don't serve many neighborhoods, to the point of illegally refusing to take you once you're already in the cab. Before Uber, if you were someone who wanted to go out to eat or visit friends in other neighborhoods a few times a week, you had to live as close as possible to metro/bus hubs on the same lines as your social group. If you couldn't afford that, you got a bike and dealt with it being stolen 3x a year. Now you can reasonably live a little further from transit and still take those trips. You still want to live somewhere that minimizes commute, but I'm no longer optimizing for commute AND social group AND restaurants AND groceries, which widens things quite a bit price wise.