Analysis: Why Ride-Hailing Services Are Replacing Personal Car Ownership

Uber says it can replace car ownership. My used Toyota Yaris proved its point.

I bought a used car. It was much more expensive than using Uber or Lyft. Alex Bitter/BI I bought a used car one year ago and compared the costs with using Uber and Lyft. The car was much more expensive, even though I made choices to save money. It shows why Uber says that its service competes with car ownership. No one had ever been this excited about a used Toyota Yaris. That was my thought as my wife and I picked up the keys to the car we found on Facebook Marketplace one morning in Augus...