Has Uber already beaten private ownership on cost?
Submitted by brad on Fri, 2017-12-01 09:52Today, various experts, like CR and the AAA rate the cost of private car ownership anywhere from 40 to 60 cents per mile, plus parking. That depends on your usage patterns, what car you buy and its age, plus a few other factors. Many people, though, pretend that using their car only costs the 8-12 cents/mile for gasoline. (A better estimate of the truly incremental cost without factoring in those things that don't vary with the miles is around 25 cents/mile.)