These are two reasons to believe taxis should be cheaper than personal ownership.
Well, could be. But the cabbie's wages quickly eat into those gains.
It makes far more sense to rent an airplane than buy one because almost no one travels enough to justify the purchase. Cars are analogous.
Hardly. A 737 lasts for decades and spends nearly a full half of that time in the air; of course no one flies that much. Cars on the other hand, if driven slightly over the US average- say, 20,000miles/year- will hit 200,000 miles in just 10 years, and most cars are _done_ by 200k.
Well, could be. But the cabbie's wages quickly eat into those gains.
It makes far more sense to rent an airplane than buy one because almost no one travels enough to justify the purchase. Cars are analogous.
Hardly. A 737 lasts for decades and spends nearly a full half of that time in the air; of course no one flies that much. Cars on the other hand, if driven slightly over the US average- say, 20,000miles/year- will hit 200,000 miles in just 10 years, and most cars are _done_ by 200k.