Cecilia DowdAug 21, 2018, 6:23 pm

Study: Driving in NY cheaper than using ride-sharing services

AAA Northeast report finds that non-drivers using Uber, Lyft spend thousands more


NEW YORK — Owning a car is a big responsibility, particularly for city-dwellers, so some choose to ditch the car in favor of ride-sharing. But depending on Lyft or Uber isn’t as cost-effective as owning a car in the city, according to AAA Northeast.

AAA Northeast took all the costs associated with owning a vehicle, including insurance and parking, and weighed those numbers with paying for a ride-sharing service.

“We found it's actually cheaper to own a vehicle,” Robert Sinclair of AAA Northeast said.

AAA Northeast says the average urban driver drives nearly 11,000 miles per year.

“And if you were doing that in Uber, we predicted it would be more than $21,000 compared in the City of New York about $15,000 if you add on $8,000 worth of parking," Sinclair said.

FiOS1 News reached out to Uber for comment and are awaiting a response

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