Hey, my name is Sammy, and I’ve been driving for rideshare companies for the last seven years.

Today, I will compare rideshare giants like Uber and Lyft with the traditional taxi business. Let’s go!

Downtown denver

1.Price Face-Off: Who’s Lighter on Your Wallet?

Taxi cab businesses follow zoning, which means fixed prices for certain routes. Taxis also use meters that can vary depending on how busy their route is.

Rideshare, on the other hand, follows a upfront fare system. Some of these fares are very competitive. 

However, keep in mind that rideshare companies may change the price of the trip according to demand and supply, known as surge pricing.

taxi cab at Hayat Regency

2.Faster Rides: The Convenience Call

Gig apps generally get you a faster ride to your destination. 

The rideshare market is way more extensive than the taxi cab industry. 

Due to losing market share, taxis usually take more time to get to you and pick you up.

Downtown Denver, Residence Inn

3.App Showdown

Uber and Lyft come with technologically advanced apps, featuring maps, tracking, and fare splitting. 

Taxis, on the other hand, have lagged behind in developing a basic app. 

You usually need to call for a taxi to show up. Taxis often request cash or credit card in most cases.

Denver Downtown

4.Comfort and Class Comparison

Uber and Lyft offer various ride types, from standard to comfort to black and black SUV. 

Taxis do not have the luxury to categorize their drivers, so it depends on your luck with these vehicles.

5.Which one is safer?

Taxis make up for clear markings on their vehicles and run thorough background checks on their drivers.

Also, Rideshare companies run their background checks and vet their own drivers. 

It is important to mention that, Gig-based apps recruit new drivers all the time to meet high demand. 

Before you hop in, make sure they have the right license plate, and it’s not a bad idea to check their rating.

cherry creek

6.Accessibility 

Rideshare companies offer a variety of different rides and accessible vehicles.

 Taxi cab businesses also offer accessible rides.

denver airport

7.Who’s Greener on the Road?

Rideshare companies are actively working towards fulfilling their green promises. 

For example, Uber is adding an extra dollar in each ride for drivers with electric vehicles. 

Taxi businesses, on the other hand, are not actively recruiting or incentivizing new EV drivers.