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Ride-Shares Versus Taxis In New York City, Which Has Better Prices? CBS2 Puts Both To The Test – CBS New York

NEW YORK (CBSNewYork) — When ride-shares hit the streets years in the past, they promised extra reasonably priced, equitable journeys. But now, as demand for rides is surging, CBS2 wished to verify in on essentially the most cost-effective methods to get round.

CBS2’s Kiran Dhillon put cabs and ride-shares to a check on Tuesday.

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Driving by the streets of Manhattan might be hectic and costly. As the miles pile up, so do the costs.


That’s why when deciding whether or not to take a cab or use a ride-share to get round, taking the most cost effective choice is tempting.

“I think ride-sharing is cheaper. Just from experience,” Linda Mirenda stated.

“I would say Uber is cheaper, yeah,” one other particular person stated.


NYC cab (file/credit score: Ronald Martinez/Getty Images)

For many individuals, the notion is that ride-sharing apps like Uber and Lyft are the low-cost selections.

CBS2 put it to an unscientific check, taking 5 rides in Manhattan, all on the identical afternoon.

Dhillon first searched the rides on Uber and Lyft, and recorded the marketed costs earlier than hailing a cab.


The outcomes would possibly shock you.

She discovered that with out ideas or surge pricing, hailing a cab was all the time inexpensive than an UberX or a typical Lyft.

Cab costs averaged 35-83% lower than a ride-share. Prices for a similar rides on the taxi cab app CURB different.

“Yeah, I don’t think we should call an Uber anymore!” one particular person stated.

“For a long time, no one was giving yellow cabs business. It was Uber, Uber and Lyft and so I think it’s great for the yellow cab owners that they’re getting their business back,” Mirenda stated.

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But enterprise isn’t fully again in full swing, and lots of struggling cabbies need riders to know once you hail a cab, the costs don’t change.

“When there is rush hour or rain or snow, their prices go up, but yellow cab is always the same as it is,” one taxi driver stated.

(Credit: CBS2)

In response to the value discrepancies, Lyft instructed CBS2 driver shortages are guilty.

The firm added, “As vaccines rolled out and people started moving again, we began to see the demand for rides outpace the number of available drivers. We’ve added thousands of drivers to the platform and expect rider wait times and prices to improve moving forward. For drivers, it continues to be a great time to drive with drivers in top markets earning significantly more than they were pre-pandemic.”

Lyft stated riders also can go for an extended wait time in alternate for a decrease fare.

Meanwhile, Uber stated, in 2018, New York City set a minimal pay customary for app-based automotive providers, which resulted in costs going up.

The firm added in a press release, “By law, Uber drivers in New York City get a minimum pay standard of more than $25 an hour, paid time off and benefits like telemedicine, none of which taxi drivers are eligible for.”

For many customers, the conveniences that include rideshares are extraordinarily tempting.

“I don’t mind paying a slightly higher price, but now you’re saying it’s much higher, so I think it’s ridiculous,” Lindsay Klein stated.

But now, some say they might simply hail a cab as a substitute.

The New York City Taxi and Limousine Commission stated cab drivers should be signed as much as a staff’ compensation coverage, including they might additionally be a part of a bunch profit fund that would present ancillary advantages or buy particular person staff compensation insurance coverage.

In a press release it added, “Taxis and app-based companies have different pricing mechanisms. The iconic yellow and green taxis utilize metered fares, continue to offer consistent fares, and are a reliable source for transport across New York City.”

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CBS2’s Kiran Dhillon contributed to this report.

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