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by fredkbloggs
3997 days ago
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As far as I can tell, the discussion is always around the latest petulant demand by Uber's execs for some special concession from the public or the state. I haven't seen much discussion of "the economics of car ownership", probably because most of the people "sharing" their cars are driving 98% Uber miles and 2% their own. It's not a carpool. It's not a car-sharing service. It's a taxi service, like any other, and everyone knows it. |
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So it doesn't matter what the discussion is about, since the core product hasn't changed. It provides utility to both the avid users and occasional users like me. And that's why there are people giving these "simpletons" money.
Now with Uber, people who out of budget don't have to ever consider buying/leasing a car. Even those who do have cars are starting to see just how affordable it is to Uber around. http://blog.samaltman.com/uber-vs-car-ownership
As for people using their cars to drive "98% Uber miles", that's their decision. And it's a pretty logical one if you don't have a stable, decent-paying job to begin with.
- You already own the car and are going to be paying for maintenance and gas and DMV fees anyways, which isn't cheap. Since chances are, you're already living/driving around that area, you might as well just drive a few extra miles here and there to earn a few bucks.
- Cars depreciate fast. It's not like you will get substantial value when you resell if you've kept your mileage low. Maybe it's a few hundred dollars, but given the thousands you already paid for the car, you might as well drive it and earn money with it.
- Your car can become an asset if you can make it one via Uber. It can't be an investment if it's losing value as soon as it rolls out of the dealership. Otherwise, it'll just be sitting in your garage as a liability, collecting dust and you'll just be waiting for the eventual yearly bills from DMV/mechanic. Might as well go out and make money with it if you need to offset your costs.