Uber Costs vs. Low Mileage Leasing

For many people in the Albuquerque area, investing in a new car, even through a lease, may not seem necessary, particularly if you live near work, school, and shopping. For young people attending UNM and living near Albuquerque’ s center biking and walking are attractive and affordable ways to get around, and increasingly, those without a vehicle are looking to services like Uber and Lyft to catch a ride when they need one. At Melloy Dodge we want to help save you money and allow you to travel through town not only cost efficiently, but inexpensively. If you travel fewer than 10,000 miles a year, a low mileage lease might just be a better option for you than relying on Uber and Lyft in a pinch.

The miles add up pretty quickly if you take an Uber ride even just a few times a week. Some recent research suggests that users could end up spending $12, 744 if you travel 9, 500 miles in a given year by car. The way businesses like Lyft are made sustainable is by charging users by the mile, sometimes at unpredictable rates, like on late nights and weekends. Believe it or not, you could have a practical Dodge vehicle on hand whenever you need it through a low mileage lease for a lot less than $12, 744 a year.

Assuming you pay around $400 per month to lease a brand new Dodge, somewhere around $1, 300 a year in gasoline, and $350 for insurance, and lets just throw in about $350 for maintenance throughout the year, that still ads up to around just $7, 775 a year- a whole lot less than the cost of traveling fewer miles year via Uber transportation.

At Melloy Dodge leasing a vehicle can be extremely affordable, and the benefits that come with leasing are immense- you can trade in the vehicle in three years, for example, and get free maintenance as well. Get in touch with our sales team to learn more about the leases available, and then come in and take a test drive in one of our great and versatile vehicles like the 2015 Dodge Dart!