Employees are paid highly well at both companies. A data scientist with a Ph.D. at Uber makes several million dollars a year. Are you referring to drivers? Because they aren't employees at all. They are contractors. They can quit anytime they like and work whenever they want.
It's pointless to compare prices while they're having a price war. Lyft being the underdog obviously will undercut more than Uber. If Uber was the underdog then they'd be cheaper. The bigger problem is that the two companies form a duopolgy. Once they go IPO in 2019 at which point they will have to prove profitability, there's a good chance that they will form a cartel and start fixing on prices instead of undercutting each other. This is good in that they will compete in other factors such as timeliness, consistency, safety, etc. This may even be good for drivers. But almost certainly this will be bad for riders.
Currently here in Detroit Michigan Uber is almost 2 1/2 times the price of a lift to go to the same destination furthermore the trip under normal circumstances cost anywhere from $10-$15 this morning Uber wants $44 lyft 15
Genius marketing by lyft and uber.....just like the vending machine comparison......you will never see a coke machine by itself...its always a coke machine and pepsi together.....it becomes of a question of "Coke or Pepsi?" instead of....."Coke or no soda"
75 cent per mile and then 25 cent per min for me, and thats fine. Throw in a nice x2 surge and Ill gladly wait in traffic with some one for 50 cent per min.
But be careful when using Lyft I had a bad experience where the driver should have picked me up in front of McDonalds and instead parked across a huge Blvd with gated barriers andf instead of turning around he left and i was charged a $6 cancellation fee. With Lyft it is too easy for them to get away with fees unlike Uber.. Every problem I had with Uber (which were few) like overcharging, was corrected. In the Uber app you can easily find a way to make a complaint and they investigate and tell you right away of a refund, Lyft is harder plus when I initally made a complaint it would say you cant be refunded for a cancellation. So use Lyft sparingly and under certain specific conditions otherwise use Uber.
UBER CHANGED THEIR CREDIT CARD TO GIVE 5% OFF UBER RIDES BUT LYFT IS STILL 10-30% CHEAPER FOR MOST INSTANCES ACCORDING TO THIS VIDEO. YOU WILL NOT SAVE MONEY USING THE UBER CREDIT CARD. I AM USING MY CHASE SAPPHIRE FOR LYFT RIDES FROM NOW ON.
I needed to pick up my husbands car from his job and I took a Lyft for the first time and I greeted the driver and he was mute 🤐. So I’m disappointed ☹️. Hopefully I’ll never have to take one again .
You should always have both apps on your phone to compare prices every time if you really want to pay cheaper
Apple used to show it built into maps but Lyft pulled out.
Both are the same. both under pay their employees
Employees are paid highly well at both companies. A data scientist with a Ph.D. at Uber makes several million dollars a year. Are you referring to drivers? Because they aren't employees at all. They are contractors. They can quit anytime they like and work whenever they want.
@@jazilzaim troll comment
@@ZekeGBlox nope. It's a statement with full facts.
Jazil Zaim they obviously are referring to the drivers
Lol
It's pointless to compare prices while they're having a price war. Lyft being the underdog obviously will undercut more than Uber. If Uber was the underdog then they'd be cheaper. The bigger problem is that the two companies form a duopolgy. Once they go IPO in 2019 at which point they will have to prove profitability, there's a good chance that they will form a cartel and start fixing on prices instead of undercutting each other. This is good in that they will compete in other factors such as timeliness, consistency, safety, etc. This may even be good for drivers. But almost certainly this will be bad for riders.
Both apps tell you prices before you confirm, so just check both.
I do appreciate both apps for riding to get somewhere when I can't drive
Currently here in Detroit Michigan Uber is almost 2 1/2 times the price of a lift to go to the same destination furthermore the trip under normal circumstances cost anywhere from $10-$15 this morning Uber wants $44 lyft 15
Uber keeps dropping rates. It's likely already cheaper than Lyft unless Lyft's doing the same.
Pretty close in price yes but I’ve also noticed lyft tip rates are a bit higher than Uber. If you decide to tip.
Yeah lyft tip more. Lyft is better moneywise but Uber is more popular.
Lyft by far the better way go don't know about tipping I tip with CASH better for the Driver and I don't use Uber at all I use to to more expensive.
Lyft is cheaper mostly $4 to $5 cheaper and that's with Uber one included
Genius marketing by lyft and uber.....just like the vending machine comparison......you will never see a coke machine by itself...its always a coke machine and pepsi together.....it becomes of a question of "Coke or Pepsi?" instead of....."Coke or no soda"
Lyft is way CHEAPER AND MUCH BETTER! I get 7 dollar rides with Lyft ! I recommend Lyft
Yes, Lyft is usually a bit cheaper :) both are great companies!
Ahh it’s a triology of Jeff v. Uber cabs
lol true
We rideshare drivers are only making 75 cents per mile before taxes and expenses.
75 cent per mile and then 25 cent per min for me, and thats fine. Throw in a nice x2 surge and Ill gladly wait in traffic with some one for 50 cent per min.
@@nicholashillman6091 :( they lower it again this year! Now its 15 cents per min!
Not here in Philadelphia at least. Its 25 cents as of today here but I know diffrent location have different rates
But be careful when using Lyft I had a bad experience where the driver should have picked me up in front of McDonalds and instead parked across a huge Blvd with gated barriers andf instead of turning around he left and i was charged a $6 cancellation fee. With Lyft it is too easy for them to get away with fees unlike Uber.. Every problem I had with Uber (which were few) like overcharging, was corrected. In the Uber app you can easily find a way to make a complaint and they investigate and tell you right away of a refund, Lyft is harder plus when I initally made a complaint it would say you cant be refunded for a cancellation. So use Lyft sparingly and under certain specific conditions otherwise use Uber.
Which is better to work for as a side hustle
Gotta love party season! Lol
I could use some rewards for using those.
Awesome video and very informative. Great work
And Uber take higher commissions to drivers than Lyft
Lyft today is the way to go. Lower prices way less wait.
I think Lyft is cheaper due to less advertising
I’m sure Lyft pay u to say that
UBER CHANGED THEIR CREDIT CARD TO GIVE 5% OFF UBER RIDES BUT LYFT IS STILL 10-30% CHEAPER FOR MOST INSTANCES ACCORDING TO THIS VIDEO. YOU WILL NOT SAVE MONEY USING THE UBER CREDIT CARD. I AM USING MY CHASE SAPPHIRE FOR LYFT RIDES FROM NOW ON.
Ok dude chill with the caps lol
And...
News like this cause paycuts, both companies competing to be cheaper
Lift is the better video says
I needed to pick up my husbands car from his job and I took a Lyft for the first time and I greeted the driver and he was mute 🤐. So I’m disappointed ☹️. Hopefully I’ll never have to take one again .
lyf is cheaper it costs to the drivers uber is bettet then
Y’all got time to waste ask the to pay there drivers
are they not paying drivers?
Lyf stolen money for drives
Uber is awful and their customer service is trash. Lyft is way better.
Lyft is better use more Lyft nyc
Not a)
Both are cheater for local business
SHORT BOTH STOCKS................BOTH VERY DECEPTIVE COMPANYS.......BOTH ARE RUNNING OUT OF DRIVERS............WILL NEVER MAKE MONEY
Fifa (debug reports)
They both cheap
lol i recognize you
I like Uber paid mor to drives
As some one that drives for both, or did up till last week, Lyft pays Drives better Uber keeps more for themselves.