Ride Sharing Versus Rental Cars

Uber's mobile app platform. Photo courtesy of Uber.
Uber's mobile app platform. Photo courtesy of Uber.

Laura Shin, a writer for Forbes magazine, decided to try using only ride-sharing services during a 10-day trip to Los Angeles.

Before her trip, she did some research on rental cars. The cheapest rental for that time period would be $289 for an economy vehicle. Including gas costs and parking, she rounded the amount to approximately $400 on a car rental for 10 days. That meant she needed to spend less than $40 a day on Uber and Lyft rides.

Ultimately, after taking current gas prices into account and adding up the number of miles traveled, Shin discovered that she saved only $6 by using ride-sharing services rather than renting a car during her trip.

Click here to read the full Forbes article: http://www.forbes.com/sites/laurashin/2015/04/30/planning-a-trip-when-its-cheaper-to-take-uber-and-lyft-than-rent-a-car/

Comments

  1. Travis [ August 5, 2015 @ 07:18AM ]

    The description in the title on the main page is different than what's in the story.

    On the front page:
    "In the end, ride-sharing services actually cost her only about $6 more than renting a car."

    In the article:
    "Shin discovered that she saved only $6 by using ride-sharing services rather than renting a car during her trip."

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