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Los Angeles
February 16, 2020
Lease vs. Rideshare

Rideshare vs Leasing: Cost Breakdown

Assuming that young people continue to migrate to the big city, double down on rideshare vs car ownership or leasing, and that homelessness issues that are destroying our downtown areas can be abated (huge leap of faith), here is an interesting study done by Swapalease suggesting rideshare might not be a financially prudent mode of transportation.

Rideshare is getting more expensive…

“Ridesharing services have completely transformed the way millions of people commute for both work and leisure, and will continue to grow in popularity especially in larger cities,”

Scot Hall
Executive Vice President of Swapalease.com

“However, from a personal finances perspective, even when taking parking, fuel and maintenance into consideration, the costs associated with leasing continue to be lower than Ridesharing as a primary mode of transportation.

If the media chatter proves true and these costs rise further, consumers will need to take a harder look when considering these options for personal transportation.”

Swapalease.com matches a person wanting out of their existing vehicle lease contract with a car shopper looking to take over a short-term vehicle lease. The marketplace has several thousands of cars and trucks available for transfer to anywhere in the continental U.S.

Media Contact:
John Sternal
Merit Mile for Swapalease.com

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