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I thought that intuitively at first, but uneducated napkin math seems to disagree. Say a Cab costs $50k upfront plus $.5 times 200,000 miles gives us $150,000
by gibspaulding 5y ago
I thought that intuitively at first, but uneducated napkin math seems to disagree.
Say a Cab costs $50k upfront plus $.5 times 200,000 miles gives us $150,000 for the vehicle over it's lifetime.
If hiring, insuring, managing, and paying a driver costs 100k per year and it takes say 5 driver years for that car to reach EOL, you're at 500k for the driver.
Perhaps someone with a better knowledge of the numbers could chime in, but if I'm reasonably close, that driver is a big chunk of costs.
- aqme28 5y agoI wouldn't consider a cab "mass transit" though.
- gibspaulding 5y agoOops, yeah that's a good point! Ride sharing and "vehicle utilization" was discussed elsewhere in this thread and my head was still there.