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.
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
"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"
That payment gets you a $28k used car at best, assuming no other costs. It won't be anything fancy.
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.