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Having recently used Uber for the first time (a nervous but not wholly unpleasant experience), I decided to calculate and compare the cost of Uber to owning and
by fpgaminer 12y ago
Having recently used Uber for the first time (a nervous but not wholly unpleasant experience), I decided to calculate and compare the cost of Uber to owning and operating a car. At least around my area, if you travel less than average (10,000 miles per year seems average; I checked at 3,000 miles), Uber is cheaper. Mostly because of fixed costs like the car itself, insurance, registration, etc. If you travel about average, then Uber is ~2x more expensive. This is with what appears to be reduced UberX fees right now (in my area?).
And to be honest, 2x more expensive could certainly be worth it, if your average trips are long enough to allow getting some work or other things done during the ride.
P.S. As a video gamer, I find it hilarious that Uber is effectively an MMORPG mission/bounty list. Passengers are submitting "missions", drivers accept missions off their "terminal", and at the end "credits" change hands. And depending on your preferred MMORPG flavour, the megacorps exact their transaction fee for the privilege.