That price equation probably only holds for new or used luxury cars or within major cities. A cheap beater or something like a new Kia would likely be more cost effective for commuting over the life of the vehicle in my estimation.
Yes, I didn't mean for my example to be a universal cost savings for everyone. It's definitely a case-by-case basis. If one is doing a lot of driving around such as real estate agent or soccer mom with 3 active kids, relying on Uber instead of owning a car would be not be cost effective. That aside, many would see cost savings by making the economic switch from car-as-ownership to car-as-a-service and that scenario doesn't depend on VC subsidies.
