Uber is now 15% cheaper in New York City

New Yorkers, rejoice: Starting 7 a.m. Friday, Uber is slashing its prices in New York City by approximately 15%

The base fare for the company's UberX service has dropped from $3 to $2.55, and the per minute rate has dropped from $0.40 to $0.35, while the mile rate has dropped from $2.15 to $1.75.

Furthermore, the minimum NYC fare will drop from $8 to $7. The prices for UberXL, which offers rides in minivans and SUV vehicles, have also dropped by around 15% — the base fare is now $3.85, the per minute fare is $0.50 and the per mile rate is $2.85. Minimum fare is $10.50 Read more...