Lyft will give you an exact price now, not just an estimate

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Lyft is saying goodbye to estimates. 

Lyft will tell consumers the exact price of their rides with a new feature launching Tuesday. 

The upfront price information will be similar to the locked-in prices users see before they agree to an UberPool or Lyft Line ride. Lyft has provided price estimates for a while, but its new feature will be the first time the app is able to guarantee a price for regular Lyft rides.

Uber began introducing upfront fares for regular Uber rides in July. 

The new fare works similar to traditional taxis in that it will set a definite price on the distance — but time can still be a factor. Lyft noted that if “your ride takes more or less time than expected — the ride total you were quoted will not longer apply.”  Read more…

More about Ride Hailing Apps, Ridesharing, Uber, Uberpool, and Lyft