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Home 2018 April 05 21 Guilty Pleasures That Can Destroy Your Finances

21 Guilty Pleasures That Can Destroy Your Finances

TAKING UBER OR LYFT EVERYWHERE YOU GO

When it comes to the cost of using a ride-sharing service such as Uber or Lyft versus owning a car, determining the cheaper option depends on several factors including how much your car payments would cost, how much you drive and your car’s gas efficiency.

For long-distance rides or rides during peak hours, driving your own car is likely the cheaper option. And public transportation will almost always be cheaper than taking a ride-share car. In Los Angeles, the public transportation fare is $1.75 for a one-way trip, while an UberX or Pool starts at $5.60 per ride — more than three times the cost of taking a bus or train.

Apr 5, 2018cleverfinance
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