Ride Sharing and Taxi: 5 Reasons The Ride-Sharing Economy Is Winning


Uber and Lyft have been around for a while now, but it’s only recently that they’ve really become popular. Of course, the question is why? Why has the ride sharing economy gained so much popularity in such a short amount of time? Well, there are several reasons but here are five of them:


The convenience of ride sharing is one of the most compelling reasons to use it. You don’t have to deal with cash or make change, since payment is handled through the app. And if you’re traveling somewhere that’s not well-served by taxis and Uber/Lyft drivers are in your area, there’s no waiting around for someone to arrive (or calling them).

Ride sharing services are also easier than calling a taxi because you can see how many cars are available in real time–you can even track where they are on a map! This means that when you need one quickly, such as after work or late at night when public transportation isn’t running well, it’ll be there within minutes instead of half an hour later like when you call a cab company directly without using an app first.”

Uber and Lyft are convenient because you don’t have to deal with cash.

The first time I rode with Uber, I was mildly annoyed that the driver didn’t accept credit cards. I had to whip out my debit card and hand it over. I also had to worry about paying him enough in cash for a tip–not because I’m cheap but because sometimes cabbies expect you to tip them even though their rates are already higher than those of taxis, which already have built-in tipping options.

The next time I took an Uber (and every subsequent ride), however, none of this bothered me at all because the convenience outweighed any minor inconvenience: no need to carry cash; no need to worry about change or not having exact amounts; no need even think about paying a driver who doesn’t accept cards!

The apps are easy to use.

The most obvious advantage of ride-hailing apps is that they make it easy to get a ride. You can order one from your phone, see your driver’s name and license plate on the app as well as their estimated arrival time, and track their progress toward you on a map. If you’re running late for an appointment or just want to avoid having to deal with cash at all costs (like me), paying with credit card is another benefit of using Uber or Lyft over traditional taxis.

You can see how many drivers are in your area so you know how long it will take for one to arrive.

Ride-sharing apps like Uber and Lyft let you see how many drivers are in your area. This is helpful because you can see how long it will take for one to arrive, and if there’s a car close by. You can also check out how many cars are around you so that if there is no driver available or they’re far away, then it may be easier to hail a cab instead of waiting around for an hour or more!

It’s just as fast as a taxi, if not faster.

Ride-sharing is faster than a taxi.

You can be out of your house and on your way to the airport or hotel within minutes.

Ride-sharing is cheaper than a taxi.

The cost of using ride-sharing services like Lyft, Uber and Sidecar is generally less than what it would cost for you to take a taxi or limo service (and sometimes far less). Plus, there are no hidden fees or surcharges–you know what you’re paying before you book your ride! You’ll also find that most drivers offer discounted fares during off hours such as late at night when demand is lower so they can earn more money while still providing great service at an affordable price point for passengers like yourself who need transportation options outside normal business hours.*

Ride sharing is convenient and affordable

You don’t have to pay for a cab ride.

You can share a ride with someone else.

You can get a ride from anywhere, not just from a taxi stand.

You can pay for the ride with your phone (or other payment method).


Ride sharing has come a long way since its inception. The convenience and affordability of these services make them a great alternative to taxis, especially in urban areas where they can be hard to find. Ride sharing apps also allow you to rate your driver after each trip so that other users can see how reliable they are before choosing them as well!