Lyft says nearly 250K of its passengers ditched a personal car in 2017

Re:Lyft says nearly 250K of its passengers ditched a persona... by semi-extrinsic on Tuesday January 16, 2018 @05:51PM (#16163539)

Depends on your car, they said it's a beater. Of course an insurance company will give you significant price reduction if you have, say, a late 90s Toyota Corolla or Honda Civic with a 80 hp engine, as compared to something more modern and fun with twice the power.

[ Parent | on HN ]

Re:Lyft says nearly 250K of its passengers ditched a persona... by milesokeefe on Tuesday January 16, 2018 @05:58PM (#16163606)

I know that the sportiness and novelty of a car drives up the insurance price but it doesn't seem to as much as I thought, my friend recently got a new WRX and pays very very little in insurance for it considering he's a 22 year old male.

But yeah it being a beater makes sense, I just got quotes for a 1981 Honda Civic in Seattle and some are even less than $700/year.

[ Parent | on HN ]

Re:Lyft says nearly 250K of its passengers ditched a persona... by gaius on Wednesday January 17, 2018 @02:09AM (#16166069)

pays very very little in insurance for it considering he's a 22 year old male

As an aside, in the UK it is illegal for an insurance company to consider gender when calculating the premium.

[ Parent | on HN ]

Re:Lyft says nearly 250K of its passengers ditched a persona... by tbihl on Wednesday January 17, 2018 @09:17PM (#16174097)

Well that just seems cruel and arbitrary.

[ Parent | on HN ]

Re:Lyft says nearly 250K of its passengers ditched a persona... by milesokeefe on Friday January 26, 2018 @03:13PM (#16242476)

Cruel to the insurance company?

[ Parent | on HN ]

Re:Lyft says nearly 250K of its passengers ditched a persona... by jimmaswell on Tuesday January 16, 2018 @06:17PM (#16163797)

Seems like location is very important. I went down from ~$350 to ~$115 a month moving from NY to NJ. For reference: 22, male, just started driving in late 2017.

[ Parent | on HN ]

Re:Lyft says nearly 250K of its passengers ditched a persona... by dzhiurgis on Tuesday January 16, 2018 @10:07PM (#16165141)

Something modern with collision detection/auto braking, ABS/ESP and multiple airbags and shock absorbers that WORK is also way safer than older clunk.

[ Parent | on HN ]