My wife and I “nomad” 7 months of the year and I travel for work occasionally. We don’t own cars. We spend around $900 a month on Uber and we have been to 18 different cities in the US over the past year.
So...like 6 rides a month? I only joke a little. The last time I checked, the average cost for an uber ride from Oakland to San Jose was like $70. SFO to San Jose was usually about $150.
About 20 per month for the last two months. I have a separate card that is just used for Uber - the Capital One SavorOne. It gives you 10% cash back for Uber and UberEats and free UberOne through 9/24.
Out of curiosity, how far are these trips? I think a far more salient comparison would be around the $/mile cost of Uber rather than the individual rides.
Mostly short trips during the week. My wife is a part time fitness instructor and we try to stay near a gym where she knows someone in her organization. On the weekend when we got out, it might be a longer ride.
To and from the airport is usually the longest one.
But the comparison is how much we spent per month on cars before we got rid of them. My wife’s car was $670/month (the median price of a new car in the US was $35K when we bought it) and mine was an old paid for car.
We spent at least an average of $1100+ for car notes, car insurance, gas and maintenance.
And the quality and convenience of Uber is much better than a taxi ever was. You know your price up front and you always just get your card charged
My partner and I opted not to purchase a car for much the same reason, it just turned out that hiring a driver or renting a car would cost us less than the monthly costs of ownership.
I assume you mean this was the payment on the loan for the car? Should this not be amortized out to the full lifetime of the car for this sort of calculation though?
> We spent at least an average of $1100+ for car notes, car insurance, gas and maintenance.
Per month?? That seems very high to me. Even if I double my monthly costs, I'm still well under that amount.
All that said, if you did the math and Uber is cheaper for you than owning a car then..not really much to argue with is there?
I have never had a problem with Uber.