Lyft says nearly 250K of its passengers ditched a personal car in 2017
I don&#x27;t get how using lyft&#x2F;uber as your only form of transportation can be at all cheaper.<p>Let me run some basic math. Uber wants $11.50 to take me home right now. Lyft wants $13.40<p>$11.50 * 2 = $23&#x2F;day<p>23 * 5 = $115&#x2F;week<p>$115 * 52 weeks = $5980&#x2F;year (I am ignoring vacation weeks for now.)<p>My yearly cost for car ownership are roughly as follows. (Assuming only work and back.)<p>Insurance(1): $886&#x2F;year<p>Fuel(2): $292.50<p>Maintenance(3): $1000<p>Car purchase price(4): $1000<p>Total yearly cost: $3178<p>(1) I only run Liablilty + uninsured&#x2F;underinsured but I run cheap cars<p>(2) 2340 miles&#x2F;year (Work is just under 4.5 miles.) Figure 20 mpg (I get better but have not calculated it in a while.) Figuring fuel prices at $2.50 although the last year has been much closer to $2 and less at times<p>(3) This is way more than I would put into a car yearly if I only drove it to work and back but I do many of my own repairs so I am boosting it a bit for those unwilling to do so. Also including stuff like taxes and tags here<p>(4)I buy cheap cars off craigslist, run them into the ground and replace them. My normal cost is $500-600 but by the time you add a new set of tires ($250-300 installed) and fix whatever random issues the car came with $1000 is closer to actual purchase price.