Circa 2015, Uber charged roughly $30 USD for a trip to the airport from my house. Now it is usually between $60 and $70. There has been significant inflation, but $30 in 2015 is only worth about $38 today.
In the US, Uber is an order of magnitude more expensive. For comparison I did a few Uber trips from Palo Alto, CA to downtown SF. It's about 45 miles (~70KM) I think and took tad under an hour. Uber charged me somewhere between $50-$60.
In India, on the other hand in a metro city you can cover between 20KM-30KM in an hour for which Uber charges around $7 (i.e., ~ INR 500).
I'm from Romania and a taxi/Uber ride is somewhere between $2 and $5, which is pretty cheap compared with other countries.
I used to ride with Uber and Bolt a lot, however they've been raising pricing during rush hour and I'm not stupid enough to not notice the bill at the end of the ride and these costs add up.
So several months back I stopped taking car rides altogether. I walk a lot, I don't mind walking 3 Km on foot. I ride my bike to and from work, which is actually more efficient than driving a car in this city. And now in winter due to weather I also use public transportation. I also have a driver's license and own my own car.
I'm not worrying about prices set dynamically. People can notice the bill and Uber is not competing just with Lift or taxis, it's competing with walking on foot, with public transport, with owning your own car and if their prices aren't reasonable, they won't survive.
Wow I had no idea it was that low. No wonder people wants that product. Here a uber ride is the same price as taxi (because it is taxi) so 15 minutes is easily $50.
Wow, $36 for 3.45 km? I assume that's Australia, right? so that's roughly 2.1 miles for $33 USD.
That ride would be $9.00 (US) in San Francisco. [0]
Perhaps Uber is, like Apple, quite simply providing a higher class of service and getting compensated proportionally for it. Maybe they won't ever eliminate traditional taxis b/c not enough people can afford a 266% markup.
I'm from Bucharest, Romania. The average price here is something like $0.35 / Km and the price I'm paying for a ride is somewhere between $2.5 and $5.
And that's the price of Uber as well, which can go up in rush hour, but we now have Taxify as well, which I prefer because their prices are more predictable.
So when you're saying that you paid $200 for 30 rides, that seems expensive to me.
Wow, that's not good news for Uber. What's ironic is that where I live (Jordan) Uber is twice the price of normal taxis. It's more convenient obviously, especially if you don't speak Arabic well enough to explain where you're going, but it's damn expensive.
How much does taxi ride have to cost to make place for a competitor such as Uber to pop up? I live in a city with 250'000 people and taxi ride within city limits are $3.
Uber's surge pricing is dumb in places where they're competing with traditional taxi ranks. I usually pay $35-$45 for an Uber to/from the airport, but if a couple of flights land at once, suddenly Uber is $85+ and the taxis are only $55.
Uber does offer me to give rides inside the city, but the money never justifies the hassle. And the person could always be late, or smell super bad whatever. For like 5 USD?
I pay, in my country from Eastern Europe mind you, around $15 for a taxi to drive me around the town doing my chores (groceries, take a prescription, maybe a little detour to check something new in other side of the town), in an hour (checked multiple times). I would be willing to pay $8.5/h right now. This would kill both Uber/ride share and taxi industry, if it comes true, as we know it. Probably those industries will evolve to something else, as is always the case with tech. I cannot wait to see the future.
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