Classic example of a protected, lazy and complacent industry ignoring structural changes in the business model. Let them go talk to Canada Post. That is if they can find the way without being guided there.
I don't know. As mentioned in my post "correct me if I am wrong".How do you know? Are you one of them?
We know they are taxis because their cars say they are taxis. I would not be surprised if Uber drivers do the same or worse in their unmarked cars. I believe all Uber cars should have a "Uber" sign so the paying public know.I've lost count of how many taxi drivers can't stay in the same lane of traffic for more than 6 seconds, or come to a stop at a red or yellow traffic light (or stop sign).
That is exactly the case. I know a lot of students do it to help pay for their tuition and other, less education-oriented activities. In this day and age, the cost of living is such that most people have to work multiple jobs to make ends meet. Uber is a means to do so. So while one group is hurt by Uber, another thrives because of it. I'm not sure it's the city's job to pick and choose which group should benefit from regulations. I say let the future in.Correct me if I'm wrong. I think the vast majority of Uber drivers only do it part-time whereas most or all taxi drivers are full-time. I think most taxi drivers are immigrants and are driving a cab as a way to raise their family so their kids (like the top high school graduate) can have a better future. I think most Uber drivers do it for extra spending money so they can hit the clubs on Friday night and try to find women to seduce.
I was wondering the same thing. Whats really stopping these cab drivers from switching to a uber style service?Maybe the solution is for the ordinary taxi driver to become a Uber driver. The start -up cost to be a Uber driver must be minimal, if you have a car already.
When I was a student I could barely afford to eat, much less afford a car.I know a lot of students do it to help pay for their tuition and other,
I think it is because cab drivers respect the rule of law. Uber is an outlaw service (analogous to pirated DVD's and knockoffs). Would anybody on this board buy an illegal DVD because it is cheaper?I was wondering the same thing. Whats really stopping these cab drivers from switching to a uber style service?
Nonsense. Drivers who lack insurance are an issue but there is no reason why insurance for an uberx driver world cost more than insurance for a regular cab. The lack of insurance is what should be addressed.All is fine with Uber until a serious accident happens, the insurance companies reject the claim for whatever reason,then the shiiiit will really hit the fan. At that time huge law suits and liabilities will occur and the insurance industry will cease to underwrite Uber putting them underwater in N. America and it is coming. The political will to stand up to Uber is lacking but market forces will dictate their demise.
The cab drivers played by the system, including having their rates regulated. Uber has not played by the rules, with a lot of drivers saying they cannot make a living at it. I do not view it as having competition as much as letting people bypass rules because it is politically unpopular to shut it down (and, I expect, hard to shut down). I actually feel bad for the cab drivers.Apparently taxi drivers prefer being taxi drivers because it has more job security than being an Uber driver. So even though they complain about Uber, apparently it's still better to be a taxi driver. They just don't want competition. No one wants competition in their job because it means less pay.
Well, they can never compete with free. Right now you see the results, as investment in music and movies (and publishing) is very low. Why put up millions so someone may pirate? I think your example just shows people are happy to break the law if it has a monetary reward and the odds are good they will never face legal action (whether piracy, or driving without a cab license or proper insurance).That said, I have no tolerance for businesses that are ludicrously slow to adapt. The music industry and film industry are just like this and now they have millions of people illegally downloading their works.
A Q5 was totalled while Ubering last summer, and the claim was processed. Serious enough for you?All is fine with Uber until a serious accident happens, the insurance companies reject the claim for whatever reason,then the shiiiit will really hit the fan. At that time huge law suits and liabilities will occur and the insurance industry will cease to underwrite Uber putting them underwater in N. America and it is coming. The political will to stand up to Uber is lacking but market forces will dictate their demise.
Well said, Don. The cabbies should be protesting against the plate owners. They're the real criminals.I fully support Uber and hope they bring about big changes in our cab industry that will cause prices to fall to reasonable levels. The proper insurance can be solved with insurance companies making a product available for Uber drivers. The notion a cab driver requires substantial training is ridiculous as we’ve seen that most people agree Uber drivers provide the service much better than cabs do.
Cabs have been charging too much for too long, and the people who have benefited from this are all the people above the driver on the chain. Drivers have to work long hours to take home a modest salary so I don’t include them in this. A cab driver has to fork over between $110 and $130 per 8 hour shift for the vehicle as well as cover gas. This means a fully utilized vehicle makes about $9,000 to $10,000 per month. When I was in the car rental game, most rental companies were happy bring in $1,500 - $2,000 / month on a comparable car as a taxi. Where does this $9K to 10K go? It goes to the cab company, insurance, vehicle maintenance costs, and then to the plate owner. If a car rental company can make a profit, why does a cab company require 5 to 6 times the revenue?
What I haven’t seen mentioned is that there are also agents in the chain between the cab company and the plate owner. As I understand, the cab company pays an agent of the plate, who pays another agent, and this goes on for another 1 or 2 levels until the remaining fee is paid to the plate owner. Apparently this is a quiet little secret cab companies don’t like to talk about or advertise. This would be like a manufacturer selling a product which goes through 4 wholesalers before it reaches the retailer. This I find to be absolutely ridiculous. If I’m wrong, then where does the extra $7-8K go? Cab insurance is not that expensive.
Someone needs to break down the accounting for this and I hope Uber brings this about.
Cab companies needed a swift kick in the ass and mandatory regulations to force them to upgrade their fleet to new vehicles, otherwise we’d still be carted around in old second hand police cruisers sitting on dirty vinyl bench seats hearing the hum of worn down bearings and the occasional rattle of a broken strut. Imagine how much they were making when their vehicle and maintenance was far less than today.
What perplexes me most is why the cab drivers are defending the right of everyone above them to continue getting such a big piece of the pie, while they scramble for the crumbs. They should be using this opportunity to fight for a bigger piece of the pie, not become the house slave.
Don
TDL
Think again, the insurance industry is perpetually looking for reasons to deny paying claims. It will take just one major insurance company to blacklist Uber and then watch it snowball across the board.Nonsense. Drivers who lack insurance are an issue but there is no reason why insurance for an uberx driver world cost more than insurance for a regular cab. The lack of insurance is what should be addressed.
They were lucky, the insurance companies and Uber make for strange bedfellows and the future is murky.A Q5 was totalled while Ubering last summer, and the claim was processed. Serious enough for you?
Well said, Don. The cabbies should be protesting against the plate owners. They're the real criminals.
Then their beef is with the municipal bureaucracy not with Uber. What does Uber have to do with the city's blatant and unnecessary cash grab?bad comparison
the city arbitrarily sets extraordinary charges for a plate making huge profits then limits the plates so the price goes up and up as these plates are resold
the city offers nothing in return except a promise to limit the number of plates and then they set the taxi rates that can be charged
the key is the city charges huge for these plates then offers nothing in return and it costs the city nothing to do so
it is a straight cash grab
the city loses nothing in reimbursement as they are simple giving back what someone gave them, this is not a loss as it puts the city back in the same financial state as if the plate buying never occurred in the first place
whereas
the university built a university then hired professors to teach, you got something concrete for your tuition and it costs the university more than what they charged you, you got a deal and you chose the courses , cab plate owners got fuck all
Hell Yeah Fucking Right - I quote DrizzyI fully support Uber and hope they bring about big changes in our cab industry that will cause prices to fall to reasonable levels. The proper insurance can be solved with insurance companies making a product available for Uber drivers. The notion a cab driver requires substantial training is ridiculous as we’ve seen that most people agree Uber drivers provide the service much better than cabs do.
Cabs have been charging too much for too long, and the people who have benefited from this are all the people above the driver on the chain. Drivers have to work long hours to take home a modest salary so I don’t include them in this. A cab driver has to fork over between $110 and $130 per 8 hour shift for the vehicle as well as cover gas. This means a fully utilized vehicle makes about $9,000 to $10,000 per month. When I was in the car rental game, most rental companies were happy bring in $1,500 - $2,000 / month on a comparable car as a taxi. Where does this $9K to 10K go? It goes to the cab company, insurance, vehicle maintenance costs, and then to the plate owner. If a car rental company can make a profit, why does a cab company require 5 to 6 times the revenue?
What I haven’t seen mentioned is that there are also agents in the chain between the cab company and the plate owner. As I understand, the cab company pays an agent of the plate, who pays another agent, and this goes on for another 1 or 2 levels until the remaining fee is paid to the plate owner. Apparently this is a quiet little secret cab companies don’t like to talk about or advertise. This would be like a manufacturer selling a product which goes through 4 wholesalers before it reaches the retailer. This I find to be absolutely ridiculous. If I’m wrong, then where does the extra $7-8K go? Cab insurance is not that expensive.
Someone needs to break down the accounting for this and I hope Uber brings this about.
Cab companies needed a swift kick in the ass and mandatory regulations to force them to upgrade their fleet to new vehicles, otherwise we’d still be carted around in old second hand police cruisers sitting on dirty vinyl bench seats hearing the hum of worn down bearings and the occasional rattle of a broken strut. Imagine how much they were making when their vehicle and maintenance was far less than today.
What perplexes me most is why the cab drivers are defending the right of everyone above them to continue getting such a big piece of the pie, while they scramble for the crumbs. They should be using this opportunity to fight for a bigger piece of the pie, not become the house slave.
Don
TDL