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Did you Know These Fun Facts About Rideshare?
Rideshare technology companies Uber an Lyft make booking a ride simple, easy and at your fingertips. With a few taps of a button you can input your pickup and drop off location and an Uber will arrive anywhere from 5 minutes to 60 minutes depending on driver availability. Why pay cash when you can use plastic .This cash free app also requires a stable internet connection to proceed. In addition, you the rider will be prompted to enter their name and payment info which is stored somewhere in cyberworld. Bear in mind in the event of a cyber attack your personal information can be compromised by hackers.
This easy to use rideshare app sounds attractive, but sustainable driver availability and market price rates are essential to be of value to riders.
As a taxi driver, riders frequently express the difficulty in acquiring Uber and Lyft drivers and last minute cancelations. Why are Uber and Lyft experiencing a massive shortage in drivers?
Breitbart article titled :Gig Economy Woes: Uber and Lyft Are Scrambling to Find Drivers, takes a closer look at Missing In Action operators. Drivers biggest grievance is pay, Gad Allon Professor at the University of Pennsylvania, who studied gig workers said. With rising fuel costs, auto insurance, and other expenses a living wage is essential to get drivers back on the road. After overhead costs, the average Uber driver takes home between $8.55 and $11.77 per hour, Ridster suggested.
These technology companies cite that their cut of the pie is a mere 25 percent. Mission Local and Rideshare Drivers United disagree suggesting that Uber and Lyft kept anywhere from 50 percent to 70 percent of each ride. To find out more on drivers take home and the actual percent Rideshare keeps visit: mission local
Furthermore, driver shortage has not helped Uber And Lyft halt to their record high prices.
CNBC reported rider cost increasing 92 percent between January 18th and July 2021. Not to mention longer wait times and potential cancelations.
There are rising customer concerns as to why they are being charged double and triple the fare. Another factor riders must consider is surging prices without notice, anytime, especially during peak hours. Moreover, active Uber and Lyft drivers are well below 40 percent capacity.
As a result of unhappy drivers,the sustainability of these Rideshare companies is in question? Rideshare Drivers are now shifting to food delivery. “I got turned on to InstaCart and Doordash, Amazon Flex, and I was driving like a quarter of the miles, and I was like making 200 bucks a day, easy,” Chad Polenz said.
What are there benefits to using a taxi service over Rideshare?
First, if you feel comfortable with your taxi driver, you can request that same person to service you again. Whereas, with rideshare, faces, names and vehicles change too rapidly for drivers to build good rapport with their riders.
Secondly, if you choose Rideshare, prices are subject to change without notice and do expect surging prices at peak hours. Nevertheless, taxi companies can offer you flat rates even at peak hours.
To Tip or not your driver is the next question?
If your driver goes above and beyond, your tip symbolizes your appreciation for their service. With Uber or Lyft, riders can confuse high commission and increased price for a sizable tip to the driver. Namely, prices are subject to go through the roof allowing Rideshare companies to pocket anywhere from 50 percent to 70 percent making unhappy riders forgo a tip altogether.
In the end, only you can decide which transportation service is right for you be it Rideshare or Taxi service.