Correct ... that's why I drive Lux and cater to a clientele who is willing to pay a premium for the Lux service. However, I also know from 12 months Uber experience that Uber will eventually lower Lux & Select rates ... as they have lowered Select in the past. Which is why so many Lux drivers took the weekend off nationwide to support our fellow X drivers with hopes that Uber will not lower the rates on premium cars - Select, Lux, Black, SUV, Lux Suv.Uber and Lyft don't have to be cheap. The biggest thing for most of us was convenience -- you could grab a ride in a few minutes.
Fundamentally, most Uber drivers oppose Surge Rates ... as long as the base fares are fair & reasonable; many of us believe that Surge should be capped at 2X ... if fares for X went back to Jan 2015 fares (or same as taxi, in most markets). Only noob drivers chase surge and only desperate pax ride surge; capping surge at 2X would provide a better service across the board for most pax and most drivers.
I too like the convenience of Uber ... and prefer the ride to cabs. When I order a car, I tend to use Black, Select or Lux most often.