Lyft Cuts Fares in 8 Cities in March 2016
Sorry I am a bit late in reporting this due to being busy with a few other things. I have been doing a weekly scan of Lyft fares and I have found they cut fares in 8 cities, while San Francisco got a slight base fare increase:
Fare Cuts:
- Miami
- Portland
- Dallas
- Lexington
- Milwaukee (base fare from $1.35 to $1.00)
- Seattle
- San Antonio
- Stockton
Fare Increases
- San Francisco (base charge increase from $1.75 to $2)
Fare Cut Data:
Miami (8% fare cut):
| 3/2/2016 | 3/14/2016 | Change | |
| Base | $ 1.00 | $ 0.90 | -10% |
| Cancellation | $ 5.00 | $ 5.00 | 0% |
| Minimum | $ 5.00 | $ 3.90 | -22% |
| Mile | $ 0.90 | $ 0.89 | -1% |
| Minute | $ 0.15 | $ 0.13 | -13% |
| Safety | $ 1.70 | $ 1.70 | 0% |
Portland (26% fare cut)
| 3/2/2016 | 3/14/2016 | Change | |
| Base | $ 1.50 | $ 1.20 | -20% |
| Cancellation | $ 5.00 | $ 5.00 | 0% |
| Minimum | $ 5.00 | $ 5.00 | 0% |
| Mile | $ 1.55 | $ 1.16 | -25% |
| Minute | $ 0.30 | $ 0.20 | -33% |
| Safety | $ 1.55 | $ 1.55 | 0% |
Dallas (10% decrease)
| 3/27/2016 | 3/31/2016 | Change | |
| Base | $ – | $ – | |
| Cancellation | $ 5.00 | $ 5.00 | 0% |
| Minimum | $ 4.00 | $ 3.80 | -5% |
| Mile | $ 0.90 | $ 0.90 | 0% |
| Minute | $ 0.15 | $ 0.12 | -20% |
| Safety | $ 1.70 | $ 1.70 | 0% |
Lexington (8% decrease)
| 3/27/2016 | 3/31/2016 | Change | |
| Base | $ 1.00 | $ 1.00 | 0% |
| Cancellation | $ 5.00 | $ 5.00 | 0% |
| Minimum | $ 5.00 | $ 3.00 | -40% |
| Mile | $ 1.05 | $ 0.80 | -24% |
| Minute | $ 0.16 | $ 0.16 | 0% |
| Safety | $ 1.55 | $ 1.55 | 0% |
San Antonio (22% decrease)
| 3/27/2016 | 3/31/2016 | Change | |
| Base | $ 1.00 | $ 0.90 | -10% |
| Cancellation | $ 5.00 | $ 5.00 | 0% |
| Minimum | $ 4.00 | $ 3.50 | -13% |
| Mile | $ 1.20 | $ 0.92 | -23% |
| Minute | $ 0.18 | $ 0.12 | -33% |
| Safety | $ 1.70 | $ 1.70 | 0% |
Seattle (2% fare decrease)
| 3/27/2016 | 3/31/2016 | Change | |
| Base | $ 1.35 | $ 1.35 | 0% |
| Cancellation | $ 5.00 | $ 5.00 | 0% |
| Minimum | $ 4.00 | $ 3.50 | -13% |
| Mile | $ 1.35 | $ 1.37 | 1% |
| Minute | $ 0.24 | $ 0.22 | -8% |
| Safety | $ 1.95 | $ 1.95 | 0% |
Stockton (17% fare decrease)
| 3/27/2016 | 3/31/2016 | Change | |
| Base | $ 1.00 | $ 1.00 | 0% |
| Cancellation | $ 5.00 | $ 5.00 | 0% |
| Minimum | $ 5.00 | $ 3.50 | -30% |
| Mile | $ 1.00 | $ 0.77 | -23% |
| Minute | $ 0.18 | $ 0.13 | -28% |
| Safety | $ 1.75 | $ 1.75 | 0% |
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