Ride sharing and car sharing claim to provide all the benefits of car ownership at a lower cost than traditional rental car or taxi services. The balance between cost and convenience is a key consideration.
Ridesharing services charge by the mile and minute and can be significantly more expensive than transit. Car sharing services let you drive a car whenever you need to and generally don’t charge per mile. It may be a cheaper commuting option if you can avoid traffic or take passengers
Car ownership costs vary by location, fuel costs, frequency of use, driving record, make and model, and other factors. Even if car sharing is marginally cheaper in your area, you might determine that the freedom of car ownership is paramount.
Read the article at Money Crashers.
