5 Reasons Why Ridesharing is The Future of The Auto Business

In the past few years, ridesharing has blown up and everyone is using it! Quicker than a taxi and available from an app, the transportation of the future has only just started but it soon will be the future. Here are our top 5 reasons why.

1. Owning and maintaining a car is expensive.

A brand new car can cost from anywhere between £5,000 and nearly £5 million! For people who finance a car you might be paying £200 a month for a hatchback but add on insurance and petrol, you’re probably spending around £400-500 a month on your car. Even more, if something goes wrong with your car. It also depends how much you use your car. Some people may only do a few short journeys a week so just calling an uber or other service makes more sense financially.

2. Ridesharing promotes community and local economic growth.

You will meet a lot of different people if you’re a driver. Or if you’re a passenger you will probably meet a few different drivers and get chatting to them.  Millions of rideshares happen every year. That’s a lot of people meeting new people! It also promotes economic growth in your local area, as all your drivers will be from your local area. Ridesharing, on the whole, is a great addition to your local community.

3. Simplicity.

Getting public transport involves walking to the nearest bus stop or train station, then waiting (and hoping) for your train or bus to arrive on time. If you were to call a taxi you have to ring a long number, remember the address you’re at and where you want to go. You also have no idea how long the taxi will take to get to you. With ridesharing, the car will come to the location of your phone. You can track the car and also find out what type of car it is all from one app on your phone. Calling for an uber or lyft basically involves opening an app and pressing one button. No cash involved, as it will come out of the connected bank account. You can also get discount codes to make your rides even cheaper.

4. Excellent source of income.

For the drivers, ridesharing is a perfect source of income. Many people just choose when they want to start a shift and when they want to finish. The flexibility and ease of completing a shift is perfect for many drivers. You can use your own car, no matter what it is or look into pco car rentals. This will save you a lot of money, as you won’t have to invest in a black cab. You will also earn whenever you want as you can start a shift whenever you want.

5. On-demand transportation

Many uber or lyft drivers make themselves available in the middle of the night so they can earn a killing of nightclub goers. You can pretty much order a ride whenever you want and they will be on their way as soon as possible.


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