I have seen more people complaints about rate is too low, But my question to you guys is what is the right rate for you ? What would be that number that keep driver happy ? Thank you for reply.
Like the cut of your jib on this... that's pretty close to what I'd like, with a significant bump, proportional to current, for XL/Plus.I think the following is reasonable:
$2.00 base fare +
70% per mile of the prevailing taxi rates +
A per minute equivalent that would equal 1.5x minimum wage for the city in question.
Also driver's choice on no show cancellation fee $5.00 after 2 minutes or (but not both) $10.00 after 5 minutes.
POOL fares: 75% of x plus the $2.00 base for each pickup. (This is no different than UBER copping the "booking fee" for each pickup)
If this were ever to be considered, I would be willing to forgo the "minimum fare" as an act of good faith.
As a side note, a $.25/ trip surcharge could be implemented for a limited period of time, say 6-12 months with the revenue dedicated to the taxi medallion owners to mitigate the devaluation of their investment.
I have been suggesting that last point for the past two years, with generally favorable responses, on various talk radio programs whenever the topic arises.
I believe the positive publicity alone would be worth far more to UBER than the actual dollars involved. I also think progressive minded investors I.e Ashton Kutcher, Google etc. would see the wisdom of such a gesture.
depends on the city, but I think about 75% of the going taxi rate would do wonders for the bottom line, but without capping the number of drivers, you still have a problem of over-supply. Taxi's in San Diego charge from $2.80 - $3.20 with most about $3.00 per mile.I have seen more people complaints about rate is too low, But my question to you guys is what is the right rate for you ? What would be that number that keep driver happy ? Thank you for reply.