Ride share services like Uber and Lyft keep getting more and more popular as the days go on, and that doesn’t seem to be slowing down anytime soon. It has become apparent that the rise in popularity of these services have lowered car sales in areas that are served by them. As consumers use the services, they’re less likely to buy cars and take trips.
A study was done by the University of Michigan Transportation Research Institute, Texas A&M Transportation Institute and Columbia University, focusing on places where on-demand services like Uber and Lyft pulled their services from the area due to a local ordnance. This particular study took place in Austin, Texas, where they surveyed 1,200 people. Of that, about 41 percent said they now use their own car to fill the void left by Uber and Lyft, and another 9 percent went out to purchase their own car because of this.
Looking at the behaviors of people when they didn’t have access to these ride sharing services, it can be seen that with services like Uber and Lyft, the demand and use of cars goes down, as there is less of a need for them.