Many of our customers are interested in the economic benefits of using taxis compared to owning a car. This analysis helps to show you the merits of opting for taxis:
A typical car with taxes, handling and financing can now cost around $50,000. If this is spread over 5 years, the purchase would be $10,000 per year.
You must also consider the annual cost of insurance, fuel, fluids, parking, repairs, consumable parts and regular maintenance which would be about $15,000 per year.
Taken together, this annual cost of $25,000 translates to 1,250 taxi trips a year.
Based on this conservative estimate, one could take between 3 and 4 taxi trips every single day without having to buy a car. Most people would take fewer than four taxi trips every single day.