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by wil421 2691 days ago
Eventually you will own the car and the costs will decrease dramatically. My wife’s corolla is 14 years old, gets 30 miles a gallon, and costs about $250 a year due to failing sensors and a MAF replacement.

If I used Uber every time I’ve used her corolla in the past 10 years it would far outweigh the cost of gas, insurance, and fixing the car.

1 comments

You’ve completely left out the cost of the car though. Even over a 14 year period if you bought the car new for $15k (2005 MSRP Corolla LE) you’re still at roughly $90/month. Factor in insurance, gas, and continued maintenance and you’re at a couple hundred a month. Of course that number continues to fall but eventually you buy a new car. If ride sharing moves to a subscription model of just a straight $200-300/mo I think it completely obliterates the market for individually owned small cars used primarily for commuting.
I can take a 1.5 mile Uber to Waffle House and it costs me $7-8 dollars each way. The Uber to Waffle House costs more than my meal. I give it as an example because Ive done it often. Almost the same distance to Publix, Lowe’s, more restaurants, and public transport.

Uber pool is cheaper but why would I inconvenience myself so much for a 2 miles radius.

He also left out driving in a car which was not covered in vomit from the previous rider.
If the car is soiled you'll indicate it via the app, they send an other car and make the previous user to pay for cleaning.

When people learn they have to pay for cleaning/repairs if they don't take care of the car then they will be much more careful keeping it clean.