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Do you feel that Lyft's prices are too expensive or maybe crazy cheap? Have you ever wondered how Lyft derives their fares? There are a few key components that go into calculating and estimating a Lyft Fare and the RideGuru team is here to outline it for you!
Your Lyft fare is based on 4 main criteria:
We polled over 300 people to learn how the public views and uses rideshare and taxi services. Check out the trends we discovered.
What is your favorite ride service?
Which ride services have you used within the past 6 months?
Based on our survey results, we discovered that although rideshare services dominate the news, taxi services are still widely used. The majority of riders in our poll used a taxi within the past six months and over a quarter list a taxi as their favorite ride service.
Younger riders seem to be more open to change and tend to use …
read moreWe are always working hard to make sure our fare estimates on RideGuru are accurate and up to date. With that, comes adding new companies who are trying to make their mark on the ridesharing industry. This week we added 4 new rideshare companies to our RideGuru Fare Comparison Calculator. Take a look below to learn about each new company.
TappCar is a Canadian based ridehailing company. Tappcar’s main belief and mission is that when drivers win, we all win, and as such they claim to properly insure and take care of their drivers, leaving their riders with …
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Bringing transparency to the rideshare industry has been a top initiative of RideGuru's since our release. To further this insight and transparency, our RideGuru Calculator lets you calculate a lot more than just the cost of your trip. You can also see how much your rideshare driver is expected to make versus what percent of your fare is going straight to the rideshare corporations. These numbers may shock you, as The Rideshare Guy states, "For an app (Uber) that just ‘connects passengers and riders’, it sure does seem like they take a big cut, …
read moreEnter your email address, phone number, and credit or debit card information. You will not be charged until after you have taken your first ride. Be sure to enable location services when the option appears, as this will allow for more accurate GPS capabilities when requesting a ride.
Once you have completed account creation, you are ready to take your first ride. You will need to set your pickup location; an address will be auto-populated based on your GPS location but double check to make …