Rental car services like Uber and Car2Go are growing quickly, but the market is still dominated by car rental companies.
Here’s why you need to know how to choose a good rental car service.1.
Why Uber and other ride-hailing services are growing fastWhile Uber has grown in popularity, it still accounts for only about 5% of the market, according to research firm Re/code.
A new study from the McKinsey Global Institute finds that the market for ride-sharing services like Lyft and Sidecar is now bigger than the total rideshare market.
“For the first time, the global market for rideshare is larger than the global rideshare share,” said McKinsey analyst Michael Tashkin.
Lyft has grown more than 50% in the last two years, according a McKinsey report.
In 2017, Lyft had over a billion rides, while Sidecar had over 5 billion.
The McKinsey study also found that ride-share services have grown faster than the traditional taxi industry.
For example, Uber drivers in the U.S. make $19 an hour, and Lyft drivers make $12 an hour.
In contrast, taxi drivers in most U.K. cities make $18 an hour or less.
In most other countries, the difference between the salaries for taxi drivers is less than $5 an hour compared to Uber’s $20 an hour wage.
“Taxi drivers are paid in U.s. dollars,” said Tashkins.
“Uber is paid in euros.
In many countries, like Germany, they are paid much less than that.
If you are a car-rental company, you have to compete on price, because you need a good driver to get you to your destination.”
The McKinseys report also found drivers who drive Uber are more likely to be male, and they have a higher risk of car accidents.2.
Which ride-hare car rental company can you use?
The most popular ride-shares include Lyft, Sidecar, Zipcar, and Grab.
There are also several other services that can be used.
“A lot of companies offer low-cost cars like the Chevrolet Equinox and Toyota Camry, and you can pick one up for less than the cost of a rental car,” said Tucker.
“Then you can use the ride-home feature to get the car you want and pay a little bit less for it.”3.
How to choose which car rental services offer best valueThe cheapest rental car services are often based in the same cities as the city where you are living.
You can choose a service based on a few factors.
For instance, a car that is a newer model, or one that is more expensive.
If the rental car is more than 20 years old, you might want to choose Uber.
“The Uber model, which is newer, is a little better for renters,” said Taylor.
“They don’t have as much competition, they have less insurance, and the rate is also lower.”
Tucker explained that the average rate for a new Uber car is around $1,000.
“It’s a little more expensive for renters, but if you want to rent a car, you’re getting that value for the money,” he said.
Uber also has a “sales discount” that can help you get a lower rate.
Tucker said that for a year, Uber gets a discount on its lowest-priced car if you’re paying for a car within 30 days of signing up for the service.
“You can get that discount at Uber by not signing up,” he explained.
“If you’re not signed up for 30 days, you don’t get the discount, and if you are signed up 30 days later, you do get the rate.
That’s the benefit of Uber.”
Tucker said he also likes Lyft because it’s the most affordable, but it also has some great features, like carpooling, so you can share the car.
“Lyft also has one of the best customer service departments in the business, so I would definitely recommend it to anyone looking for a good car rental,” said Austin.
“Lyft has a lot of different features, but I would say the most important thing is that they are committed to you.”
Tucker also noted that Uber has a free car insurance plan that includes roadside assistance.
He said that if you have a car accident, Uber will help you pay for your repairs and insurance.4.
Which car rental car company offers the best value?
Tucker says that you should choose a company based on its pricing, and its benefits.
“I would say Lyft is the most competitive, and I would go with Uber,” he says.
“In terms of its pricing and benefits, I would really recommend Lyft.”
Tucker added that it’s important to consider your needs and budget.
“One of the benefits of Uber is the discount,” he added.
“And it’s not as