Oddly I haven't found them to be significantly cheaper than Uber for an equivalent distance. In some cases they are more convenient so I still use them, but I do find it odd that it isn't cheaper.
In my experience in major US cities, taxis are either comparable or cheaper than Uber. And the cost of a taxi is far less variable, which is a huge plus.
I used to think this - turns out when I deleted Uber and started using on of my local taxi co-op apps, the regular-ish trips I used to do with Uber were within a couple of dollars of the cab fare I've been getting charged - sometimes less expensive in a cab.
Have there actually been studies that prove Uber is significantly cheaper than cab?
Anecdotally speaking, I've taken Uber quite often in Austin, as well as various cabs, and they always seemed comparable to me. In fact, if you take into account Uber's surge pricing (which cabs don't have, afaik), Uber came out more expensive on average.
I've been using Uber and similar apps for years mostly in Europe and Asia and 80+% of the time the price would be substantially cheaper than taxis (often 50% cheaper in places like London). They use dynamic pricing though based on supply/demand so it is very possible to have higher price than taxi based on parameters (i.e. if you booked a ride in central Paris during rush hour the price would spike up). But from my experience you cannot use those anecdotes because if you use Uber a lot (like hundreds of rides) you will statistically see they they are cheaper in big majority of cases.
If you are on long contract with a cab company, for example if you are a corporation who regularly needs a cab to pick people up from Airport, the prices are almost 4x per trip as compared to Uber. Even at peak hours Uber is much better
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.
I agree in theory, but in practice taxis are significantly more expensive than even Uber. And you don’t know the price upfront. I don’t think I’ve ever had a taxi experience where I was happy with the value, at least in the USA.
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