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What’s wrong with that? Uber provides more value than cabs so people pay more.
by colinmhayes 4y ago
What’s wrong with that? Uber provides more value than cabs so people pay more.
- JohnTHaller 4y agoUber provides far less value than it used to since they stopped burning through VC funds as much to keep their prices artificially low. One advantage was you got a single price without needing to tip. Now tipping is similar to a cab. Another was that you can use an app to get one. Now you can use the Curb app to hire a cab. Another was that you could always pay with a card saved on your phone. Now you can use the Curb app to do this whether you hail with Curb or hail on the street. You type in the pairing code in the Curb app and you're set. Curb is a bit more expensive than a street hail but generally less than Uber due to a lack of surge pricing. When it's raining, Uber is about 2x the price of a cab. When it's busy after an event at Madison Square Garden, Uber is about 3x the price of a cab. On a recent Friday evening, Uber was showing $105 for a 25 minute ride with a relatively long wait. I hailed a cab and it was $28 for the same ride. Both prices exclude tip. Note, of course, that this is my own personal experience in NYC over the last year and will not apply to all cities or even all locations in NYC.