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Re:G.M. Invests $500M in Lyft by Shivetya on Monday January 04, 2016 @11:05AM (#10836305)
How affordable will this be? Example, the rates for fairly current model cars can be near a hundred a day, if not triple by week. So is GM going to cut this rate? Then to top that off if you are in NYC the medallion rental can be over a hundred a shift. This is on top of your gasoline and insurance costs.

Now is lower tier cities costs should be lower but that chunk coming out to rent what I assume is a fairly newer model is going to put a dent in your money making. You are in effect paying the car off for someone else.

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