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The following page estimates the true cost of car ownership at approximately $1.38/mile: http://commutesolutions.org/external/calc.html http://commutesolutions.
by nilkn 13y ago
The following page estimates the true cost of car ownership at approximately $1.38/mile: http://commutesolutions.org/external/calc.html http://commutesolutions.org/external/calc.html
That's still quite a bit cheaper than taxi fares or the minimum $2.75 that Uber charges. Assuming that you spend $20k on purchasing the car, you'd make up for the cost of the car in just under 15,000 miles driven compared to taking Uber at the quoted rate.
- sliverstorm 13y agoYeah, I don't really understand why people figure that self-driving cars/taxis/Uber/ZipCar would ever be cheaper per mile. They pay to operate their vehicles same as you do, except they also need to have some profit on top.
- tedsanders 13y agoHigh fixed costs and economies of scale. Cars are high fixed cost capital goods. A taxi will be driven far more over the course of its lifetime than a personal car, so the fixed cost per mile is much lower. Also, economies of scale make purchases and maintenance and repair cheaper. These are two reasons to believe taxis should be cheaper than personal ownership. Finally, let me point to airplanes. It makes far more sense to rent an airplane than buy one because almost no one travels enough to justify the purchase. Cars are analogous. Edit: When I say cars are analogous, I mean that there are analogues between the situations. Both are vehicles with high fixed cost that can be either bought or rented. The situation is comparable, though obviously not the same. All I'm saying is that it's conceivable that someday the conditions could change so that it's more sensible to rent than buy.
- ars_technician 13y ago>Cars are analogous. No they aren't. Many people need a car every day. Almost nobody needs a plane every day.
- tedsanders 13y agoI don't want to argue pointlessly, but while your conclusion may be right, I think your logic makes some leaps. Why is day the natural time scale? No one needs a plane every hour and no one needs a car every hour either. By that time scale, they are the same. Also, everyone needs a plane every year and needs a car every year too. On that time scale they are also the same. Only in a cherry-picked intermediate time scale are they different. :) I think your answer would be improved if you could justify why the daily time scale is most relevant.
- anthonyb 13y agoYou are being overly pedantic. Try s/every day/frequently/g and see how you go...
- tedsanders 13y agoPardon me, but what is s/g?
- htp 13y ago"s/every day/frequently/g” is a UNIX-y way of saying “substitute ‘frequently’ in place of ‘every day’ in the entire document”. (See http://en.wikipedia.org/wiki/Sed#Substitution http://en.wikipedia.org/wiki/Sed#Substitution .)
- tedsanders 13y agoThanks!
- ars_technician 13y agoThe time scale in fact can go the other direction and still favor cars. It's about cost per use. If you drive every day like many Americans, it's cheaper to own a car than to use a cab. The number of people that fly enough to need their own plane is effectively zero.
- sliverstorm 13y agoThese are two reasons to believe taxis should be cheaper than personal ownership. Well, could be. But the cabbie's wages quickly eat into those gains. It makes far more sense to rent an airplane than buy one because almost no one travels enough to justify the purchase. Cars are analogous. Hardly. A 737 lasts for decades and spends nearly a full half of that time in the air; of course no one flies that much. Cars on the other hand, if driven slightly over the US average- say, 20,000miles/year- will hit 200,000 miles in just 10 years, and most cars are _done_ by 200k.
- VLM 13y agoThere are some interesting value engineering issues where car parts are designed to fall apart more or less simultaneously at a certain point under normal commuter operating conditions, whereas aircraft are designed to last "forever" more or less. Its going to be a very strange maintenance challenge. I suspect one will never be totaled by having the heater core rot out after 16 years, like my last car. You could probably find a car value engineered for long distance taxi/commercial type service. I imagine it would be somewhat different than a normal car, internally, although I don't know enough automotive engineering to tell exactly how.
- sliverstorm 13y agoI imagine it would be somewhat different than a normal car Usually beefier in every regard, more expensive, and less performant. (Power/MPG/etc all directly conflict with durability/longevity) Longer chassis & softer suspension to reduce vibration & impacts. Just think of the Crown Vic. There's a reason it has been the commercial estate car for so long.
- randuser 13y agoDidn't Ford cancel the Crown Victoria line?
- rayiner 13y agoI think the point is that you can live near transit and take advantage of cabs as needed and still come out ahead. When we lived in Chicago, my wife and I would take cabs all the time, especially on weekends or when the weather was bad. I think we spent maybe $100-200/month on cab fare. Now I have a car, and spend $150/month on insurance, $200+/month on parking, $300/month on gas. Averaged over the year, consumables (tires, brakes) and maintenance probably cost $100/month. And it's a paid off car, so I'm not even counting the car payment!
- genwin 13y agoThe indirect auto costs are paid by everyone (and pollution is attributable to the bus riders as well), so it gives an incentive to own a cheap reliable car that isn't depreciating much. If I take my kid to someplace 1 mile away it's $3.75 and 15 minutes by bus, or ~$0.80 and 5 minutes by car. I do prefer to walk if it's only a mile.
- astrodust 13y agoWhat if you only travel maybe fifty miles by car per month? If you don't have a car all the time, you don't use it nearly as often. I do not spend anywhere near $20K per year on cab fare, and can't imagine coming even close.