Uber [Taxi] Pricing

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Now just called Uber and in Boston they are trying to make it easier to get a ride (read substitute for a taxi). But at first blush the pricing is not very attractive. Initial fee is $8 vs $2.6 and the per mile rate is $4.90 vs $2.80. Idle time is $75/hour vs $28.  Granted those rates include tip, but seems like even at a 20% tip the premium is STEEP.


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