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A comment on Waymo rides cost more than Uber or Lyft – and people are paying anyway. Parent comment

Re:Waymo rides cost more than Uber or Lyft – and people are ... by Symmetry on Saturday June 14, 2025 @03:39PM (#44278340)
Because of how many miles taxis drive their depreciation as a physical asset that wears out costs more than the interest on the money invested in them. To the extent that driving aggressively generates more wear or introduces more accidents it will likely end up costing more money.
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Re:Waymo rides cost more than Uber or Lyft – and people are ... by Spooky23 on Saturday June 14, 2025 @03:51PM (#44278401)
Taxis are different in that they often use a model similar to a hair salon. The driver is renting the car. There is no incentive to take care of it… it’s a prisoners dilemma situation.

With the Uber, the driver is responsible for the car, and the smart drivers get it that wear and tear is bad. Of course, many uber drivers are idiots who don’t math well, and are basically burning equity at a loss.

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