Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Reno89519

The entire ride share model DOESN’T WORK...

Look how much money UBER and LYFT lose each year.

Pay your driver pennies to undercut Taxi companies just to claim market share, but there is no profitable end game. Uber wants to cut out the driver but as much as the hype and lies around autonomous driving exist. It’s DECADES away.

Uber will not be able to keep finding people willing to give them money to burn and will likely be out of business long before autonomous driving is perfected.


52 posted on 04/08/2018 3:48:15 PM PDT by HamiltonJay
[ Post Reply | Private Reply | To 9 | View Replies ]


To: HamiltonJay

You are right that there is a big churn of drivers. I have never had the same one twice and all seem to have just started. Bet half quit in a month, the rest within 90 days.


53 posted on 04/08/2018 3:57:18 PM PDT by Reno89519 (No Amnesty! No Catch-and-Release! Just Say No to All Illegal Aliens! Arrest & Deport!)
[ Post Reply | Private Reply | To 52 | View Replies ]

To: HamiltonJay

100 percent correct Hamiltonjay

Uber’s on the road because it is burning through literally billions in capital. They are charging the rider half what it costs to get you there. And the driver gets a fourth if it.

Taxi fares are what they are for a reason. No one is subsidizing taxis. The driver earns enough to make a low wage living, that’s all.

Used to drive for Uber. Got into taxi. Safer, more secure, better insurance situation, and I actually make money. Not driving my car into the ground either.


55 posted on 04/08/2018 4:20:50 PM PDT by Persevero (Democrats haven't been this nutty since we freed their slaves.)
[ Post Reply | Private Reply | To 52 | View Replies ]

To: HamiltonJay

Look how much money UBER and LYFT lose each year.


You don’t get it, Uber and Lyft don’t lose money. The driver does. The only reason Uber is losing money is through litigation in the courts. Or bad investment decisions. The model is for them to sit back and let someone else do the work and they rake in the cash. They make tons of money (25% and more) off the trips the drivers make.

They used to lease and sell cars to drivers. They have a gas credit card when a driver completes 100 trips they charge interest on and the balance is paid every week. They do not pay for tires, oil, gas, or other incidentals. They do pay me 30 dollars to clean up the vomit in my car when a rider pukes. But they charge the rider 50. Uber will never cut out the driver and act like they will because then they will lose money because the cost for the rider will be too much.

No the ride share model doesn’t work for the driver but it does work for the company who only has to pony up for the insurance and the app. The app has long been paid off and the insurance and litigation is really the only money pits. They do have a no-service customer service. Good luck if it is 2AM on a Saturday and you need to get a hold of them (that includes the new telephone number you can now call and ask). I had 15 questions to ask one day. They wanted me to write 15 different emails. I said no thanks. Their local office, no one picks up the phone and when you go in they treat you like crap even though without the drivers they wouldn’t have a job. Yeah it sux if it is your only source of income however the people I meet and talk with are some of the most interesting people I have ever had the chance to meet. I wouldn’t trade that aspect of it for anything in the world.

One other thing, don’t confound the driver with Uber two different birds of a feather. There will always be plenty of drivers to give it a try. There will not be as many drivers who stick with it. I have had repeat customers. One thing Lyft has that Uber does not is the repeat ride. I don’t know what Lyft calls it but a rider can schedule a repeating or one time ride fr let’s say every Tuesday at 8AM. If a driver accepts, you will have a repeat driver every Tuesday at 8AM.

In the last twelve months I have gone through three tires not because I am driving a lot but because there are potholes galore. So many, that 1 and three people here know someone who knows someone who has lost a tire to the potholes. The amount of cars on the side of the road is ridiculous. Is this Uber’s fault? Nope this is the government’s fault for using their infrastructure money as a slush fund. The roads need so many repairs that the normal driver would be in road construction hell if they tried to fix it all at once. The roads are bad and they are getting worse. The 1 inch blacktop on it when they surface the roads doesn’t last long. Oh and the city only pays so many people for a replacement tire and when that money is gone, its gone for that year. So our dysfunctional government is just as bad when it comes to the roads. Don’t always blame the driver. And there are passengers I wish I would have never let into my car and in the four years I have ejected only one rider.So please the holier than thou crap is hypocritical.


56 posted on 04/08/2018 4:22:16 PM PDT by zaxtres
[ Post Reply | Private Reply | To 52 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson