Wednesday, April 8, 2015

We did the math: Is Uber really cheaper than a taxi?

Uber cars offer a better price in many cities, but they don't always charge the same rate. In times of high demand Uber initiates surge pricing – you are charged the normal fare times a surge multiplier. We figured out the break-even point for each city. This is the level of surge pricing when the Uber car becomes more expensive than a taxi. Produced by Sara Silverstein Follow BI Video: On FacebookJoin the conversation about this story » -> read more

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