grab also lowered price
Dear CDG Cabbies
We are pleased to announce that Apple Pay (iPhone & iWatch) can now be accepted in our taxis.
Yawnzzz.....
uber starting losing the market share. got call but not enough driver. keep on got surge. if situation not going to change, they will be out of the market by next year.
grabcar still got a lot of pattern to retain the driver.
how long these pattern can last?
let watch grabcar, wat is going to happen.
last time they have sales ppl on the streets asking ppl to use uber
nw these sales ppl are on the streets again, asking ppl to be uber driver
and u think uber bid 800 coes for what leh?
Originally posted by FireIce:last time they have sales ppl on the streets asking ppl to use uber
nw these sales ppl are on the streets again, asking ppl to be uber driver
and u think uber bid 800 coes for what leh?
sure they can bid for many coe but can they find the driver? it has been proven that driving full time on uber using private rented car cannot make a living. why i say next year, cause with new rules come into place, even more difficult to find driver.
the same plan will change for limo companies to find enough local drivers to get the quota for foreign drivers who are 21yrs and above, more hungry and less calculative.
Grab driver recruitment is back
Can recommend relief bo?
Or must hirer only?
Recommend Grab app? Now this stupid app out of 10 calls 6-7 will cancel unless super peak hours. Waste of time.
Dear cdg Cabbies
Good News!
From May to July 2016, complete minimum of 250 jobs* every month and receive Call Levy Points (CLP). If you complete 500 jobs and above, you can earn up to 300 CLP per month which is equivalent to 1.5 months no call levy!
*Applicable to standard booking jobs with booking fee $2.30, $3.30, $8, $10 & $18
Wish you all best!
Bid More! Earn More!
Still got so many calls to take meh?
After uber/grab started to slash price recently cdg numbers hv drop
8pm onwards can see difference for nite shift
Many call pax kena vacumm by uber/grab bcoz now super cheap
Anyone notice?
cdg to give cash? wait long long
If can they will makan fm u leh
company big but heart small lol
I’m a cheapskate, and proud of it. When I go grocery shopping, I have no brand loyalty. If it’s on sale, I’ll buy it. Now that I think of it though, that probably explains why my tastebuds have gone on strike and my bowels have been working overtime.
Because the truth is, it doesn’t always pay to be cheap. Take public transport for example. We all know taking the MRT is cheaper than a taxi, but if you’re heading out with family or colleagues, a taxi ride may be cheaper than taking the MRT, and you get to enjoy the convenience it brings too.
And now with Grab and Uber recently reducing their fares, it’s a good opportunity to find out what’s the cheapest option among the three, and in what scenarios.
We know that there are several taxi companies operating in Singapore, each having different base fares depending on which vehicle model you ride in. We’ll use the cheapest base fare out there – the Comfort Hyundai Sonata – to represent all taxis. Oher than the base fare, taxi rides are charged in pretty much the same method, as follows:
Comfort Hyundai Sonata Taxi | |
Base fare (1km or less) | $3.20 |
Every 400m thereafter or less up to 10km | $0.22 |
Every 350m thereafter or less after 10km | $0.22 |
Every 45 seconds of waiting or less | $0.22 |
Peak Period Surcharge Monday to Friday (Except Public Holidays): 6.00am – 9.29am Monday to Sunday & Public Holidays: 6.00pm – 11.59pm |
25% of metered fare |
Midnight – Before 5.59am | 50% of metered fare |
In the middle of April, Uber announced that UberX fares would be reduced by about 15%. Here’s how the breakdown looks like after the fare reduction:
UberX | |
Base fare | $3.00 |
Per kilometre | $0.45 |
Per minute | $0.20 |
In response to Uber’s fare reduction, Grab also decided to reduce their fares, even removing the minimum fare cap of $8 altogether. Here’s how Grab’s fare structure now looks like:
GrabCar Economy | |
Base fare | $3.00 |
Per kilometre | $0.80 |
Let’s look at three typical taxi journeys and find out how much each service would cost us. Do note that for each comparison, we won’t include ERP costs, since each service passes them on to the customer anyway.
Company | Fare Breakdown |
Taxi (Comfort Hyundai Sonata) | Base Fare: $3.20
Metered Fare: $0.22 x (8.5km/400m) + $0.22 x (5 min/45s) = $4.68 + $1.48 = $6.16 Peak Hour Surcharge: $9.36 x 25% = $2.34 Total Fare: $3.20 + $6.16 + $2.34 = $11.70 |
UberX | Base Fare: $3.00
Distance Fare: $0.45 x 9.5km = $4.28 Time Fare: $0.20 x 15 minutes = $3.00 Total Fare: $3.00 + $4.28 + $3.00 = $10.28 |
GrabCar Economy | Base Fare: $3.00
Distance Fare: $0.80 x 9.5km= $7.60 Total Fare: $10.60 |
On the surface, it’s clear that the newly reduced UberX fares wins this comparison by the slightest of margins. However, there are lots of assumptions in the calculation, of course. For one, that there is no traffic jam during your morning peak hour commute. Since taxis and UberX both charge based on time taken, it would probably be safer to go with GrabCar, which doesn’t charge you by the second.
That said, GrabCar does practice dynamic pricing, based on demand and supply in the area at the point in time you make the booking. That said, since you are already quoted the fare even before you book, there should be no surprises.
Company | Fare Breakdown |
Taxi (Comfort Hyundai Sonata) | Base Fare: $3.20
Metered Fare: $0.22 x (10km/400m) + $0.22 x (1km/350m) + $0.22 x (5 min/45s) = $5.50 + $0.63 + $1.47 = $7.60 Total Fare: $3.20 + $7.60 = $10.80 |
UberX | Base Fare: $3.00
Distance Fare: $0.45 x 12km = $5.40 Time Fare: $0.20 x 20 minutes = $4.00 Total Fare: $3.00 + $5.40 + $4.00 = $12.40 |
GrabCar Economy | Base Fare: $3.00
Distance Fare: $0.80 x 12km= $9.60 Total Fare: $12.60 |
To no one’s surprise, when there is no peak hour surcharge, taxi fares emerge as significantly cheaper compared to the other two private car companies.
Company | Fare Breakdown |
Taxi (Comfort Hyundai Sonata) | Base Fare: $3.20
Metered Fare: $0.22 x (7km/400m) + $0.22 x (3 min/45s) = $3.85 + $0.88 = $4.73 Midnight surcharge = $7.93 x 50% = $3.97 Total Fare: $3.20 + $4.73 + $3.97 = $11.90 |
UberX | Base Fare: $3.00
Distance Fare: $0.45 x 8km = $3.60 Time Fare: $0.20 x 12 minutes = $2.40 Total Fare: $3.00 + $3.60 + $2.40 = $9.00 |
GrabCar Economy | Base Fare: $3.00
Distance Fare: $0.80 x 8km= $6.40 Total Fare: $9.40 |
After midnight, UberX is the clear winner, especially if your driver can get you home in record time because of the relatively clear roads. Do take note that UberX, like GrabCar, is subject to surge pricing, which means that prices are temporarily inflated to ensure supply can meet demand. The good news is that usually, from my experience, surge pricing doesn’t last more than 3-5 minutes, unless you’re in a really popular area.
In each of the three scenarios, there is a different winner, despite the fare reductions.
GrabCar Economy is usually best for journeys when there is a risk of traffic jams, presuming that Grab’s dynamic pricing formula doesn’t already factor that extra traveling time in.
Taxis are best for journeys where there is no surcharge, which means between 9.30am and 6pm on weekdays and 6am to 6pm on weekends and public holidays. Do note that depending on the taxi model, you might end up paying slightly more, but not enough to warrant taking a private car.
UberX is the best option for rides after midnight, which is nice to know, especially since most public transport operations would have ceased by then. Look out for the surge pricing that usually happens during these times, but remember that they normally don’t last too long.
Ultimately, the fare reductions seem to have resulted in a more fair playing field for consumers, resulting in lower transport costs regardless of when your journey begins.
Do you agree with this assessment? Has your experience with taxis, GrabCar Economy and UberX been different? We want to hear from you.
Image Credits:
Ian Fuller
The post Uber vs Grab vs Taxis: Which is the Cheapest Mode of Transport and When? appeared first on the MoneySmart blog.
Originally posted by bowah:Yesterday, I just met a young guy from ang mo kio ave 4 to haig road at 6.14pm (surcharge started), and this is what he told me.
When surcharge start, best is to wave for a cab, lots of them on the street, you get a cab, you are guarantee’d, you call, you only get 70% chances, 30% no shows or dunno where to car end up..
he said, to any consumer, unless you are really those kiam ku (overly thrifty type like the above writer who hv to calculate this and that), any decent cabs that can bring you to your destination, just hop on and take it, why must make booking and wait and still hv to worry where the fark is the car???
Therefore, do not under determine street pick, a season pax like this young man will hop into any available mean of transport to bring him to his destination, he will not go around and wonder if it is peak period, uber cheaper or grab cheaper or taxi cheaper…surging price…etc etc, that is for cheapo pax, how much can you gain just for that $1 to $2 different, to him, time is also money, just wave and you get a cab.
i also met 1 guy at asia square!he take taxi almost everyday from the street more than 15yrs!he say why must book..just go to the street wave n go liao!BUT...pax also must know when where to get taxi...
Originally posted by bowah:Yes, Uber and Grab are competing with us, and we might lose some business in the process, I do felt pity myself and also to many of my taxi brothers and sisters out there, but to be truth, the most I felt for are the Uber and Grab apps drivers.
From the way I look at them, most are suffering in silent.
if they earn S$300/day, 20% go to Grab/uber , left $225...
minus rental at around S$75 , left $150..
then minus petrol which maybe at least $30-40?
heard that if u rent car from one of the rental company which bid for so much COE recently, and if the car breakdown, goodluck to you... their workshop is full and cant handle the amount of cars that need repair/servicing... and think no replacement car is given as well..
Without incentives, those driving full time UGC will suffer terribly.
UGC is good for part timers who want to earn some side income with their own car. Then we must not forget the new regulations allow work permit holders employed by UGC to drive for them.
Hi I'm new here. I'm thinking about the possibility of joining GrabCar or Uber or both.
Not sure if this is the best place to ask this. (Sorry, if it is not).
Is anyone of you in this forum also is still currently a GrabCar driver or Uber driver, or knows someone who is one. Can you please pm me your name, i/c and driver's code, or your friend's, so that we both can enjoy the incentives given.
For your consideration please. Thanks.
Go read here
http://uberpeople.net/forums/Singapore/