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A comment on Uber stops upfront ride pricing in response to California worker law. Parent comment

Re:Uber stops upfront ride pricing in response to California... by ceejayoz on Friday January 10, 2020 @12:14PM (#22012539)
Or Uber is offering the illusion of income and hoping they're desperate enough not to do the math on vehicle depreciation.
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Re:Uber stops upfront ride pricing in response to California... by flyingfences on Friday January 10, 2020 @12:17PM (#22012592)
Income, not profit.
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Re:Uber stops upfront ride pricing in response to California... by ceejayoz on Friday January 10, 2020 @12:22PM (#22012651)
How does income with no profit benefit the drivers?
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Re:Uber stops upfront ride pricing in response to California... by njarboe on Friday January 10, 2020 @01:24PM (#22013444)
It can be a useful way to extract some value from your car without selling it. Say you are between jobs and have a car you bought new. You would like to keep the car, as you know its history, so you drive Uber to "sell" a part of the car until you get a new job.
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Re:Uber stops upfront ride pricing in response to California... by ceejayoz on Friday January 10, 2020 @01:25PM (#22013469)
You're describing, in essence, a predatory payday loan.
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Re:Uber stops upfront ride pricing in response to California... by njarboe on Friday January 10, 2020 @06:21PM (#22016684)
Not really. More like a way to sell a fraction of your vehicle's value while working for less than minimum wage in some cases. Not a great situation but, you are not paying high interest on a loan that you have to pay back.
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