Industry Research

Using TNCs Could Be Cheaper Than Owning A Car By 2027

Posted on April 18, 2018
Lyft car (Photo via Wikimedia Commons user Praiselightmedia)
Lyft car (Photo via Wikimedia Commons user Praiselightmedia)
By combining proprietary data with outsidesources, QuoteWizard found car ownership costs are dropping, while the price of ridesharing will drastically shrink with the introduction of driverless cars. Current trends show relying solely on ridesharing will cost less than owning a car in 2027.

NBC 12 article here

Related Topics: autonomous vehicles, business trends, cost efficiencies, cost savings, driverless cars, Lyft, research and trends, self-driving vehicles, TNCs, Uber, vehicle costs

Comments ( 1 )
  • Anthony

     | about 12 months ago

    Worthless theory !!!!! You cant sustain a taxi app with blue collar wages, with only 4% of uber drivers staying after 12 months. There is a constant exodus of drivers that were coaxed by the fake commercials into wasting their time with no pay for down time. That business model (uber) has failed

More Stories
Video

State Of The Limousine Industry 1-21-19 @ LIMO U

LCT Publisher Sara Eastwood-Richardson and Dav El/BostonCoach CEO and NLA leader Scott Solombrino gave a state of the industry presentation Jan. 21, 2019 at Limo University's LABLive conference in Nashville, Tenn.