Re:Why I don't believe in Uber's Success
by brobinson on Thursday January 19, 2017 @11:29PM
(#13441737)
I know Singapore has very high car taxes, but is 300+ rides really less expensive than owning a vehicle yourself?
[ Parent
| on HN ]
300 rides x average of approx. $15 per ride = $4500.
Cars here require a certificate of entitlement that cost around $100k and only last for 10 years if im not mistaken. So if he continued taking 300 rides every year for 10 years it would still be half as expensive.