> I highly doubt that they are paying their drivers enough to cover the cost of wear and tear on the cars
Since Uber/Lyft has no problem attracting drivers at the rates they pay, this argument rests on drivers being financially ignorant enough that they don't notice they're losing money doing it.
Maybe they are not losing money, but perhaps many might be surprised how much less they are really making after factoring in cost and upkeep of a vehicle.
Since Uber/Lyft has no problem attracting drivers at the rates they pay, this argument rests on drivers being financially ignorant enough that they don't notice they're losing money doing it.