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Car ownership may be cheaper based on where one lives. One lives in a rural area and commutes everyday to a suburb where parking is free? Probably much cheaper
by jimkleiber 4y ago
Car ownership may be cheaper based on where one lives. One lives in a rural area and commutes everyday to a suburb where parking is free? Probably much cheaper than taking an Uber. Live in a city where parking is $40 per day and a parking space at an apartment is $500/month and work from home? Uber may be significantly cheaper than owning a car.
If we go to first principles, I think what would matter the most is at least how often someone uses a car, how one uses it, and where one lives, to determine whether ownership or renting (Uber is just very short-term rental with a driver included, no?) is cheaper in total cost.