Hold your hailing: AAA study finds using ride-sharing apps over twice the annual cost of car ...
Thinking of ditching your car to save money now that you live in an urban area? Think again. A published Tuesday found that using ride-hailing services like Uber and Lyft instead of owning a car would cost over twice as much annually on average. The study, which analyzed over 240,000 single-rider trips in 20 urban areas across the country, found an average cost of $13.15 for 15.11 minutes that covered 6.66 miles. AAA also found that the average urban driver covers 10,841 miles per year, which would make for a total cost of $20,118 if ...
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