How The RideShare Industry Crushed The Taxi Service

An Uber driver looks out of his vehicle next to New York City Hall while Uber riders and driver-partners take part in a rally on steps of the City Hall against proposed legislation limiting for-hire vehicles in New York June 30, 2015. REUTERS/Eduardo Munoz - RTX1IHCV

Yes, you still see the yellow taxi on the road today, but not nearly as much as was the case in years past. One of the main reasons this is the case is because of Rideshareapps and service providers. Uber, Lyft, SideCar, are a few of the many companies you might be aware of which offer such services. So how did they become so popular and why have they taken over the marketplace? These are a few reasons how the rideshare service is eliminating taxis on the road.


These services are simple. No need to wander the streets for a taxi or fight with others in busy city streets like NYC or Chicago. With the app, you simply book your ride online, and you don’t have to wait around for someone to get you. You choose the time, the pick up area, drop off area, and everything else pertaining to your ride.

You know who is driving you

Apps allow you to pick your driver, see who your driver is, and see their bio before you get in the car with them. With a taxi, you are pretty much left standing in the dark and wondering who you are getting into a car with. So if you value safety, and the knowledge of knowing who is going to be taking you to the destinations you want to go, the use of rideshare services and online apps is making this possible for you to do.

More availability

Again, you don’t see nearly as many taxis on the road as you did a few years ago. But, you see an Uber or Lyft vehicle every time you step on the sidewalk or outside your door. The simple fact that you can rely on them in the US, in major cities, rural areas, and even outside the US (with Uber) is just one of the reasons more and more people are relying on these services today. You know what you are dealing with, you know what you are going to get, and you know what the services are which are included for the rates you pay. There is no question mark behind their services, as is the case with the taxi industry.

Its cheaper

Yes, you still pay about $2 per mile on average, but this is far cheaper than taxi services. Add in the fact that you can use codes, promos, and other user profiles for free or discounts on your next Uber or Lyft ride, and it is a no-brainer as to why so many people are ditching taxis, and are going to with these companies instead.

The simplicity alone is just one of the many reasons why more and more people are turning to rideshare and are no longer using taxis for services. Regardless of where you have to go, how many people you are going with, or where you are leaving from, it is far more likely you are going to see an Uber vehicle, than a taxi which is going to get you there on time.

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