Opting for Uber rides to crisscross Sydney is cheaper than taxis during much of the day, but the tables turn when demand rises and the ride-sharing giant triggers surge pricing.
Finder consumer research head Graham Cooke said the base rates for Uber were generally cheaper than taxis, but the former often had surge pricing which increased their prices.Cooke said a surge ratio previously provided by Uber could be used to tell when it was becoming more expensive. A surge ratio of 1.3 pushed Uber prices above taxi fares in Sydney during the day, and 1.5 did the same at night.
Taxi driver Zubair Taheri finds people “definitely want” to ride in taxis when Uber applies surge-pricing, while improvements to the 13cabs app, including fixed pricing, is boosting taxis’ appeal. Apart from the chance to avoid surge pricing, he said taxis’ ability to drive in bus lanes made them more attractive for people seeking faster trips during peak periods when traffic was congested.
He emphasised that 13cabs’ taxis tend to be cheaper when people needed transport the most, adding that surge pricing was a key factor contributing to fluctuating costs in ride-share trips.“13cabs offers fixed-price fares through their app, ensuring stability even during unforeseen circumstances like heavy traffic, peak hours or during major events,” he said.
Source: News Formal (newsformal.com)
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: 7NewsMelbourne - 🏆 18. / 59 Read more »
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »
Source: smh - 🏆 6. / 80 Read more »
Source: theage - 🏆 8. / 77 Read more »
Source: brisbanetimes - 🏆 13. / 67 Read more »