[pdeuchler]

I don't mean to be a downer here but you're essentially saying that paying for someone else's asset depreciation costs is cheaper than paying for your own asset depreciation costs plus the remaining value on a car.

The reason it's more expensive to own a car is because you also own the asset. And sure, cars depreciate ridiculously fast and are horrible stores of value, but your solution is mostly saving money by offloading some risk to another party.

[nealmueller]

Yes, offloading risk. I hope Uber pays drivers enough to justify the added risk.

[odammit]

Hey downer, I was saving money on my shitmobile.

Could I buy another car and it cost me less a month to own, sure.

In reality, I spent about 5k on that crap bucket the last year I had it. What did I sell it for? 5k. Asset it was not.

[test525]

>The reason it's more expensive to own a car is because you also own the asset. And sure, cars depreciate ridiculously fast and are horrible stores of value, but your solution is mostly saving money by offloading some risk to another party.

This is not why there are savings. You are not offloading the risk of owning a car by using uber, you are allowing cars to be used more efficiently. Cars are expensive because they sit unused 95% of the time. The marginal cost of each ride is extremely high. By having one car and one driver do 100x the rides the marginal cost of each ride decreases substantially.