Originally Posted by
pedex
No it fails assuming the driver using MY car is going to get a discount on the lease.
No one could force you to lend you car out using the platform. It would just be an option to car-owners who want to make $10/hour while they're not driving their cars.
Now you claim you want cheaper transportation AND car owners to subsidize it and The "app" is somehow going to create arbitrage where there isn't any. Again it fails. Now how does cheaper transportation encourage less cars on the road without altering the per trip load utilization of the vehicles? It can't. That's just basic economics and straight logic.
Because people are supposed to ride/drive together in the vehicles at the same time.
Originally Posted by
Mobile 155
Looking at the cost estimate he made, and I believe there are some additions where some subtractions should be. If you rent a car for $10.00 an hour and pay someone to drive it $18.00 and hour you have a negative profit of $8.00 an hour. Unless you charge more than $18.00 an hour. That is not a money making deal. A quick check of the competition would indicate you need to lower the prices even more.
https://www.zipcar.com/
I just did a google search for what average pay is for ride-share driving. Google said it was $18, so I looked up the average hourly cost for car-share driving, which was $10/hour. Those are just averages. You wouldn't pay someone $18/hour to drive a shared-vehicle because they have to pay vehicle costs, in this case by renting/sharing the car they're driving. If it was their personal vehicle, they'd be making the full $18, but they'd also be paying for their own car, insurance, fuel, maintenance, etc. If they are sharing the vehicle they're driving, they're paying $10/hour to do that, and someone else is managing the vehicle and making the $10/hour. The $8/hour is what you're making for driving a vehicle that's not your own and it's a pretty good rate considering you are getting a ride to your destination as part of the deal.
as far as insurance goes anyone that has ever tried to add family members to car insurance knows anyone under 25 drives the rate through the roof.
If it is a business you need a license and just maybe high medical coverage on the medical portion of the car policy.
The conspiracy rears its its ugly head. Just imagine submitting this business plan to a bank?
Ride-share platforms have to be selective with both who they allow to ride and who drives. There is too much potential for sabotage, both intentional/conspiratorial and unintentional/accidental.
Originally Posted by
pedex
yup
How you deal with the "ridesharing" company running the "app"? I wonder how they are going to react. They have no reason at all to pay a driver that isn't a contractor to operate the car when the actual driver is out of the car. Which means now the car owner is going to have a very expensive on demand lease and insurance problem to deal with. The ridesharing company might do it for a really hefty fee though.
Everyone who uses the ride-share platform is a member. Some members are authorized to drive, while others aren't. Some vehicles are authorized to be shared, while others aren't. The criteria for what to allow and what not to are details to be worked out.
Originally Posted by
Machka
Yes!!
And around here, with the quantity of university students looking for quicker ways to get to and from the university from outlying suburbs at all hours of the day and night, you'd definitely need "under 25" insurance, and not just for one family member ... you'd need "under 25" insurance for an unlimited number of people.
And as we know, if you're under 25 when you rent a vehicle, there's an extra surcharge.
This may be a reason more young people would only use ride/drive-share platforms as passengers without driving authorization.
Theoretically, someone who wants driving experience could pay a premium for student driving authorization, and passengers would have to be aware of that when accepting rides with such drivers.