Uber: How to Calculate Your Fare

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Have you ever wondered how Uber calculates their fares? Maybe you have questioned why sometimes after a really short ride you are still charged as much as some of the longer trips you’ve taken? There are a few key components that go into calculating and estimating an Uber Fare, and we are here to explain each factor, as well as how they work together to create the Uber pricing formula.

 

How is My Uber Fare Calculated?

Your Uber fare is first based on 4 main criteria:

  • Base (or initial) fare – A flat fee charged at the beginning of every ride
  • Cost per minute – How much you are charged for each minute you are inside the ride
  • Cost per mile – How much you are charged for each mile of the ride
  • Booking Fee (Formerly ‘Safe Rides Fee’) – A flat fee to cover Uber’s ‘operating costs’ (Not included for Uber’s more luxury services like UberBlack or UberSUV)

Here’s how Uber uses the 4 main criteria above to calculate your fare:

Base Fare + (Cost per minute * time in ride) + (Cost per mile * ride distance) + Booking Fee = Your Fare

 

Other Key Factors in Determining Your Uber Fare

There are a few more factors that will play into your Uber Fare that are not included in the 4 main criteria.

Tolls and Fees: Uber requires all passengers to pay for any tunnel, bridge, or toll charges that are incurred during the course of the ride. These charges will be added to your fare total at the end of your trip.

Uber Surge Pricing: Uber surge pricing has a scary connotation but it is actually a fairly simple and, at times, positive principal. Uber surge pricing is when Uber rates increase to guarantee reliability and availability of cars. When the demand for rides cannot be met by the number of current drivers on the road, prices will increase. This encourages more drivers to turn on their app and hit the road since they will make more money than usual. Uber will always notify you in your app before you request a ride if there is surge pricing so you will never be caught off guard. Surge pricing helps to guarantee that there is always a ride available, if you are willing to pay the price!

Your Uber fare, with surge pricing, is calculated by multiplying your total fare (before tolls) by the surge price multiplier. For instance if the surge amount is at 2x your total fare will be doubled, if the surge amount is 3x your total fare will be tripled.

Surge Pricing Example: If your total fare at the end of your trip is $12 and there was a 2x surge in effect, your new total would be $24. Then Uber would add on any incurred tolls.

For more information on Uber Surge Pricing visit this help article here.

Uber Minimum Fare: To encourage drivers to pick up short rides that will not yield much profit, Uber sets a minimum fare for each service. This helps to fairly reimburse drivers for short rides. If the combination of the above criteria results in your fare being lower than the minimum fare, you will be charged the minimum fare price instead. The minimum fare amount changes from city to city.

Minimum Fare Example: It is raining and you decide to take an UberX only two blocks down the street to stay dry.  After your trip ends and you add up the four different variables (as shown above), you calculate that your fare would only be $3.24. But in your area, the minimum fare for UberX is $5, so you will be charged $5 instead of $3.24.

 

Uber Fare Prices Vary Based on City & Car Service

 

Image result for uber cars

 

 

 

 

 

The four main criteria factors that we outlined in section 1 (base fare, cost per minute, cost per mile, and booking fee) all vary from city-to-city, and across the many Uber services (UberX, UberXL, UberSUV, UberBlack, etc). To learn more about the differences between each Uber car service visit this help page here.

Now that you understand all the factors that go into your Uber Fare and how time-consuming it would be to calculate it on your iPhone calculator, try UberFareFinder’s Fare Calculator! UberFareFinder will calculate your Uber fare using all of these factors with one easy click of a button. UberFareFinder will even include real-time surge pricing estimates and allows you to book your Uber car straight through the site!

Happy Travels!

Wanderlust Wednesday 3.30.16

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These Cherry Blossoms in Japan are so beautiful! #WanderlustWednesday

Click here for more Wanderlust Wednesday photos!

Curb Fare Finder – Estimate the Cost of Your Curb Ride!

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Do you wish you could hail a traditional taxi easily through an app? Enter CURB.

CURB, formerly Taxi Magic, is an on-demand car service that hails existing traditional taxis through the CURB smartphone app. Unlike other rideshare companies, such as Uber and Lyft, which hail a peer-driven car, the CURB app will hail a traditional licensed taxi or professional for hire car. Their local partners (taxi companies and private for hire cars) set the fares, so prices will vary depending on location.

Luckily, the team here at TaxiFareFinder has created CurbFareFinder.com to help you easily find the cost of a CURB ride in your city. When you first visit CurbFareFinder, you will notice two blank fields, your “starting location” and “ending location”. This is where you will enter your desired CURB trip details, keep in mind that CURB is currently only supported in the U.S. and Vancouver, Canada.

Pro Tip: When you enter your starting and ending locations you can use addresses, city names, landmarks, business names, zip codes, and even coordinates (latitude and longitude).

Once you have entered your starting and ending locations, CurbFareFinder will estimate your Curb fare and even breakdown each individual fee for you!

After you have searched for your fare and found an estimate you like, simply click on the “Request Curb” to start your CURB journey!

Have you tried CurbFareFinder yet? Let us know your thoughts below. Happy Fare Finding!

Animal Taxi Monday 3.28.16

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Water taxis are always a little frightening… #AnimalTaxiMonday

Click here to view all of our Animal Taxi Monday pictures!

Film Scene Friday 3.25.16

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Happy Film Scene Friday!  This week we are featuring a TV Show. Can you guess the show depicted in the taxi scene below?  Scroll down to find the answer! #FilmSceneFriday

Scroll Down for the Answer!

A: FRIENDS

Lyft Fare Finder; Estimate & Dispatch Your Ride!

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Big News TFF Fans! We know you love having the ability to easily find your taxi estimate with TaxiFareFinder, and now you can have the same luxury for Lyft by using LyftFareFinder.com! LyftFareFinder is truly a one stop shop for everything you need to know when you travel with the friendly rideshare company, Lyft. LyftFareFinder not only will estimate your Lyft fare, it will also warn you if prime time pricing is enacted in your area! This allows our fans to find their “real-time” fare, so you can choose the best ride option available without getting surprised by the additional prime time surcharge. The best part is, once you have found an estimate you like, LyftFareFinder allows you to dispatch a car directly from the site! Check it out.

When you first visit LyftFareFinder.com, you will notice two blank fields, your “starting location” and “ending location”. This is where you will enter your Lyft trip details, keep in mind that LyftFareFinder supports every city that Lyft is available in!

Lyft Pro Tip: When you enter your starting and ending locations you can use addresses, city names, landmarks, business names, zip codes, and even coordinates (latitude and longitude).

Once you have entered your starting and ending locations, LyftFareFinder will estimate your fare for every Lyft car service (Lyft, Lyft Plus, and Lyft Line) available in your area! If your location has prime time pricing enacted, LyftFareFinder will even factor the extra surge price into your estimate.

After you have searched for your fare and found an estimate you like, simply click on the “Request Lyft” button which will open your Lyft app and allow you to dispatch a car without having to enter any additional information.

As an additional bonus, right now you can get $50 in Lyft credit simply for signing up for Lyft on LyftFareFinder.com! Have you tried LyftFareFinderyet? Let us know your thoughts below. Happy Fare Finding!

Wanderlust Wednesday 3.23.16

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Switzerland in the summer is gorgeous! # Interlaken #WanderlustWednesday

Click here for more Wanderlust Wednesday photos!

All-In-One Uber Guide

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Confused by the numerous ride options offered by Uber? No worries – we’ve compiled an infographic breaking down each option by car type, number of passengers, and more criteria. Happy riding!

 

Animal Taxi Monday 3.21.16

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“RATS! I think I got on the wrong taxi…” #AnimalTaxiMonday

Click here to view all of our Animal Taxi Monday pictures!

Uber Fare Finder; Find, Estimate, & Dispatch Your Ride!

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Need an Uber estimate? Want to know if Uber is surging in your area? Check out our brand new site, UberFareFinder.com! Our team here at TaxiFareFinder has been working hard to create a one stop shop for everything you need to know when you travel with Uber. UberFareFinder not only will estimate your Uber fare, it will also warn you if surge pricing is enacted in your area. This allows our visitors to see what their “real-time” fare is so you can choose the best ride option available. Once you have found an estimate you like, UberFareFinder allows you to dispatch a car directly from the site! Check it out.

When you first visit UberFareFinder.com, you will notice two blank fields, your “starting location” and “ending location”. This is where you will enter your Uber trip details, keep in mind that UberFareFinder supports hundreds of cities around the world!

Pro Tip: When you enter your starting and ending locations you can use addresses, city names, landmarks, business names, zip codes, and even coordinates (latitude and longitude).

Once you have entered your starting and ending locations, UberFareFinder will estimate your fare for every Uber car service available in your area! If your location is surging, UberFareFinder will even factor the surge price into your estimate. See below for an example of a fare estimate in Boston when surge pricing was enacted.

After you have searched for your fare and found an estimate you like, simply click on the “Request Uber” button which will open your Uber app and allow you to dispatch a car without having to enter any additional information.

Have you tried UberFareFinder yet? Let us know your thoughts below. Happy Fare Finding!