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Discussion Starter · #1 ·
I've wondered what surge multiplier makes Uber X equal to a cab fare in Sydney.

Especially after the fare increase post 7/8/15.

There are 4 scenarios to compare against. Taxis add a $2.50 booking fee and 5% credit card surcharge.

Hence if we were to compare a like for like service to Uber X, we'd add the booking fee and credit card surcharge.

Further, Taxi rates go up between 10pm to 6am the next day (aka nighttime rate).

So the surge multiples go as follows:
Daytime - 6am to 10pm
Nighttime - 10pm to 5:59am

Like for like service
Uber X vs Taxi (daytime, booked, paid with cc) - approx. 1.35x on average
Uber X vs Taxi (nighttime, booked, paid with cc) - approx. 1.63x on average

if we compare Uber X to a street hailed taxi paid by cash, then the surge multipliers decrease as the $2.50 booking fee and 5% cc surcharge do not apply.

Uber X vs Taxi (daytime, street hailed, paid with cash) - approx. 1.2x on average
Uber X vs Taxi (nighttime, street hailed, paid with cash) - approx. 1.46x on average

Might be something to keep in mind when chasing surges. Or taking a Taxi yourself for that matter..

Keep in mind also that taxis don't charge for the duration of the whole trip like Uber does, they only charge for the time spent travelling under 26kph, at 94c per min. Which would suck if there's heavy traffic. You'd be better off in an Uber X if there's lots of traffic about.
 

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Discussion Starter · #3 · (Edited)
no problem.

Sorry to seem like I'm telling everyone how to suck eggs, but just be aware that a 1.35x equivalent surge does not mean that Uber is 35% cheaper than a taxi. In that case Uber is 25.93% cheaper than a taxi.

Uber is saying, they are still 25% - 35% cheaper than a taxi even after the price increases.
http://www.theaustralian.com.au/bus...after-ato-ruling/story-e6frgakx-1227474876349

the formula is surge = 1/(1-discount%)

thus
1.333x surge will negate the 25% discount off a taxi
1.538x surge will negate the 35% discount off a taxi

Thus the equivalent surge multiples for a 25% - 35% discount off a taxi is 1.333x to 1.538x

ie the surge must be greater than 1.333x to 1.538x to be the same as a taxi, according to Uber's own words.

eg
$10 taxi fare
25% discount off taxi fare = $7.50

$7.50 x surge = $10 (taxi fare)

Surge = 1.3333x
 

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Discussion Starter · #5 ·
Good to know that too Sydney Uber. It'll be handy for telling PAX how much more they'll have to pay over an Uber X to get an Uber Black
 

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I would add 0.1x to the rates as taxi drivers typically take more "scenic" routes and sharply decelerate @ lights to get more waiting time rates.
 
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