View Single Post
Old 10-10-2024, 12:42 PM   #18820
DoubleF
Franchise Player
 
DoubleF's Avatar
 
Join Date: Apr 2014
Exp:
Default

One thing I wondered was how often it makes more sense to spend $30K on a vehicle, or Uber every day.

Assuming $60 a day round trip, that's 500 days. 50 weeks a year, 5 days a week mean that's around 2 years worth of Uber. Potentially more on just commuting if you're hybrid and not in office 5 days a week. Double that to almost 4 years of commutes on a $60K vehicle.

That's without factoring in earning interest on the $30K, Uber One, fuel, insurance, repairs, parking and other operating costs once you have a vehicle. It depends many other factors like if you have many other non commuting trips though.

Lots of people seem to hate vehicle ownership/driving which is why I wonder. I don't think they realize that they might fit in a situation where it's $10-15K a year on Uber vs $15K+ a year on average for vehicle ownership (ICE, Hybrid or EV).

It's an efficiency/flexibility trade off. Flexibility is obviously a deal breaker for many.

Last edited by DoubleF; 10-10-2024 at 12:44 PM.
DoubleF is offline   Reply With Quote
The Following 2 Users Say Thank You to DoubleF For This Useful Post: