Shark Tank Star Kevin O’Leary Advises Against Car Ownership

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Ultimately, whether or not rideshare or car ownership is more expensive largely depends upon one’s place of residence (amongst other factors). Nerd Wallet discovered that in eight out of 20 U.S. metro areas, Uber is the less expensive option. In the San Francisco metro area, consumers can save up to $83 per week by commuting via Uber. However, that dollar amount increases by $52 in the Phoenix metro area.

Which Option is Best for You?

At the end of the day, each individual will have to decide whether or not commute via rideshare or car ownership is best for them. Lifestyle choices and other factors will inevitably play a role in this decision.