That sounds more expensive than just owning a car.
Car payment, insurance, parking, gas/electricity? Going to be over $400/mo in almost all cases in any of the cities Waymo is in.
"sounds"? How about you do the math? Suddenly, it makes a lot more sense.
Parking: $325
Insurance: $134
Car payment: $330
Charging: $50
All-in for me is around $850 a month. Though I use it far fewer times per month than GP implies, i.e. I don't commute every day via car.
EDIT: I left out that this is a lease, so of course not including any potential depreciation, wear and tear, repairs etc, just the hard costs.
Approximate monthly cost of owning a car in the city:
Lease or loan: $350
Parking in city: $300
Car insurance: $180
Gas: $120
License/Registration: $42 (~$500 per year)
Maintenance: $17 (~$200 per year)
If you live in the city and you can afford not driving, please put that extra $1000/month into your brokerage or HYSA
That payment gets you a $28k used car at best, assuming no other costs. It won't be anything fancy.
"the total average annual cost of ownership—which includes your car payment, depreciation, fuel, insurance, maintenance, and taxes—is approximately $12,297 per year (or $1,025 monthly) over a 15-year lifetime"
parking in my condo that i own is $200 because the parking spaces are not deeded, shit is crazy here in sf
Paying for the cost of the car, gas, maintenance, insurance, parking is way above $399/mo in every market which waymo operates.
What? No
Depends where you live. In SF, parking alone is more than $300/mo if you have to pay for a spot. Also, many companies subsidize Waymo rides for employees as part of their commuter benefits.