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Slick Vik

Lyft vs. Uberx, my thoughts

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They are a different industry, peer to peer ride sharing.

 

I need a ride, I call for a ride, I get a ride, I pay for a ride...sounds pretty similar to a taxi service.

 

That wasn't my point, though.  Lyft and Uber are doing the same thing and have the same set of rules applied to them.  Lyft doesn't like the rules and is leaving the market.

 

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I need a ride, I call for a ride, I get a ride, I pay for a ride...sounds pretty similar to a taxi service.

That wasn't my point, though. Lyft and Uber are doing the same thing and have the same set of rules applied to them. Lyft doesn't like the rules and is leaving the market.

Except taxi isn't a peer to peer market it's an industry that requires its drivers to pay outrageous license fees and for the car itself just to join. Whereas uber you can use your own and it's online only, no "call". The cartel doesn't want anyone coming into their zone.

Lyft is 80% smaller than uber

Edited by Slick Vik

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Except taxi isn't a peer to peer market it's an industry that requires its drivers to pay outrageous license fees and for the car itself just to join. Whereas uber you can use your own and it's online only, no "call". The cartel doesn't want anyone coming into their zone.

Lyft is 80% smaller than uber

 

It's a different business model for the same industry.  Taxi companies will adjust or lose.  My guess is that they will adjust.  So you have at least two competitors in the same market, three if Lyft happens to also be there and maybe more if it turns out to be profitable.  Should be a net benefit for consumers in both cost and service.

 

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My point is uber has a lot of room to raise price without lyft being there. It's about half price of taxis right now so in that space they could raise 50% and still be cheaper than taxis

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Uber has the market cornered without a rival they can raise the price and still be cheaper than cabs. Lyft is a small company and the absurd rules city council passed are basically barriers for entry and hoops to jump through for part time drivers. It was a victory for the taxi Lobby as of now there are 63 licensed drivers. This was simply bribery why would the city pass these rules when taxpayers have to pay $500,000 to institute them?

 

They absolutely do not have the market cornered. There's nothing proprietary about any of this. Any company can rip them off, and there's plenty of examples popping up. Uber and Lyft's services were not even legal until the regulation changes, so to say that the legalization of their services was a victory for taxis is ridiculous.

 

Driving someone somewhere in a car gives you an immense amount of power over them. Public transportation services should be operated by trustworthy people. A fingerprint background check is not an unreasonable ask of someone who wants to provide transportation in our city.

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My point is uber has a lot of room to raise price without lyft being there. It's about half price of taxis right now so in that space they could raise 50% and still be cheaper than taxis

 

Not really. I still find plenty of people out there who do not know what Uber is. Look around the entire country and I think you'll find cheap Uber prices, at least not during Primetime surge hours.

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I'm still going to call a taxi if I need to go somewhere. Point to point. What the heck is peer to peer supposed to mean anyway? Call it what you want, it's a taxi service.

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They absolutely do not have the market cornered. There's nothing proprietary about any of this. Any company can rip them off, and there's plenty of examples popping up. Uber and Lyft's services were not even legal until the regulation changes, so to say that the legalization of their services was a victory for taxis is ridiculous.

Driving someone somewhere in a car gives you an immense amount of power over them. Public transportation services should be operated by trustworthy people. A fingerprint background check is not an unreasonable ask of someone who wants to provide transportation in our city.

You don't understand. It's not just fingerprints it's five different things the city wanted that was the equivalent of jumping through hoops of Fire. Check Austin's rules and compare and you will see what I mean.

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Let me give another example über cars are subject to 150,000 mileage caps whereas taxis have no such limit.

 

So the city prohibits the use of clunker cars in Uber's service?  Is that a bad thing? 

 

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So the city prohibits the use of clunker cars in Uber's service? Is that a bad thing?

If it runs what's the issue? And taxis don't have that rule

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If it runs what's the issue? And taxis don't have that rule

 

Obviously, the issue would be that it quits running somewhere along your trip.

 

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Memphis is cracking down on Uber & Lyft as well

 

Some notes to take away from this include that Memphis wants drivers to carry insurance, have background checks, and have registration fees for drivers. Considering that Uber/Lyft is trying to skirt any licensing altogether, it seems pretty reasonable.

 

Smythe likened the companies’ operation here so far to someone selling liquor out of their home, saying the city would shut that operation down “in a red, hot minute.” He said Uber and Lyft are “billion-dollar companies” but are getting special treatment over homegrown companies like his.

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