Wednesday, May 31, 2017

10 percent of Americans trading in a car plan to use Uber and Lyft instead of buying a new one

Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold his wheels, using ride services, carsharing and bike sharing to get around. "My mom didn't think I could do it. She thought I would buy a new car in six months," he said.

But that was more than a year ago, and his car budget of $820 per month fell to $250 for carsharing and ride services last year....
http://www.cnbc.com/2017/05/25/10-percent-of-americans-trading-in-a-car-plan-to-use-uber-and-lyft-instead-of-buying-a-new-one.html

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