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by seanmcdirmid 3146 days ago
Using china as an example, taxis (and Uber equivalents) are much cheaper there to use than the USA while non labor costs (gas and cars) are actually more expensive than in the states. So I would guess labor is a large part of the cost, or it doesn’t really make sense. Maybe not 10x cheaper, but half as much is probably reasonable.
3 comments

50% of rideshare rates with a driver seems like a very reasonable ballpark. There are reasons it might be somewhat more or less but it's probably pretty close. Which means you probably change car ownership outside of dense areas where it's already marginal a lot less than many assume. I might use my own car less at those rates but I'd absolutely still own one for a variety of reasons.
In china I didn’t own a car, it was about 2X the cost to buy one (for what I wanted() vs. the USA, plus parking was a PITA in a city like Beijing where it was often illegal (parking in the second lane each way of a 4 lane street). In many places, car ownership and use fees are a lot more than the USA, but somehow taxis are very reasonable as alternatives.

Having move back, I now own a car that I have to fill up with gas once every couple of months (I don’t drive it much, but with a baby uber isn’t an option)

In NYC, another large cost is the real-estate to park the vehicle when not in use (~$300/mo). This could presumably be reduced or eliminated as well.
What if you go with small electric cars? Does that cut the cost further?
Electric and small/utilitarian vehicle economics can apply equally well to a car you own or a rideshare service with a driver.