What You Need to Know About Rideshare Surge Pricing

Tired of having to pay way more than you expected for a ride from the airport? With the current travel conditions, surge pricing has become more of a problem—which means you could end up paying more for your ride home than you did for your actual flight.

The good news is, there’s a way to avoid those ridiculous rates. Here’s what you need to know about rideshare surge pricing: 

What is rideshare surge pricing?

Rideshare surge pricing happens when there are more people requesting rides than there are drivers. When driver availability is low, rideshare companies will increase their prices to help balance out demand and keep drivers on the road. Surge pricing is the reason a ride going the exact same route can cost you double if you request it at a busier time.

Here’s how it works: Rideshare companies like Uber and Lyft base their prices on real-time conditions, not just mileage. They take into account what’s happening in the city, if it’s a holiday, how many people need a ride at the same time, the amount of available drivers, and even the weather.

Calculating the exact cost of rides during peak times involves some complicated math (which we won’t bore you with here). Just know that surge prices are usually around 1.5x to 3x the normal rate. But with some rideshare companies, like Uber, there is usually no cap on surge pricing (aka no limit to how much they can charge you). Yikes!

Airport Surge Pricing 

Airports are a hotspot for surge pricing. Because so many people request rides at the same time, competition is high. And unless you want to wait forever for a ride, you’re almost guaranteed to pay more if you use a rideshare app at an airport.

Even though there are fewer people flying right now, there are also fewer drivers available—which means surge prices are more common. In fact, surge pricing is basically the only thing keeping rideshare companies alive at the moment.

In California, Uber recently added a “name-your-price” feature, which lets drivers set their own surge prices. In that case, you’ve pretty much got to be the highest bidder if you want a ride within a reasonable time.

Bottom line: Rideshare surge pricing is still in full effect. 

How to Avoid Surge Pricing

Instead of being forced to pay outrageous rideshare costs, you can book a ride with VanGo for a much better price.

Choose from either our curbside service or our meet and greet service, and you’ll be picked up by a professional driver in one of our luxury vehicles—without the luxury cost.

Best part? VanGo has set rates, which means no pricey surprises for you. You’ll always know exactly what you’re paying.

Plus, scheduling your ride in advance helps you avoid the competition and confusion of using a rideshare app at the airport (especially if you’re at LAX).

Don’t be a victim of surge pricing. Book your ride with VanGo today and get where you need to be.