Lyft Inc.
09/04/2024 | News release | Distributed by Public on 09/04/2024 04:11
Cap your price. Crush your commute. Now, with price lock.
Getting to work can be a job in itself - waking up early, meal planning, deciding what to wear, and of course, figuring out how and when to leave. Knowing that 35% of our riders have used Lyft for their commute, we've uncovered an opportunity to make morning routines more relaxing, more predictable, and more within a budget for everyone.
"To make your day more predictable, we're launching price lock, a new subscription that caps the price of your regular commute," said Audrey Liu, EVP of Rider Experience at Lyft. "We know reliable pricing is particularly important for commuters. They know what their ride should cost and hate it when prices change."
Here's how it works:
Cap your commute price
For just $2.99 per month, riders can lock in a commute price and start saving.
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Lock in a price: Cap the price of rides you take regularly and enjoy up to $40 a month in savings. If the price of the ride is lower than your locked-in price, you'll pay the lower rate.
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More relaxed mornings: Your locked-in price will be protected, even during peak hours. No need to keep checking prices.
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Take control of your budget: Know your max price, so you can stick to your budget.
Look for 'Price lock' in the menu section of the Lyft app to sign up. You can view details, modify, or cancel your price lock pass by tapping 'Price lock' once more.
New Job, New Commute
As part of the price lock initiative and launch, we're helping commuters throughout their job cycle. Through Lyft's Job Access Program, in partnership with United Way & Goodwill, we'll help get riders to their interview. We're also here to support them as they get the job and transition into a new routine. To celebrate the price lock initiative and launch, Lyft will be surprising select people on LinkedIn who share new job announcements by sponsoring their rides to their first week of work.
The Best Cities for Commuters
Some people might dread the commute. We're looking to celebrate it. As people get back to the office after summer, we launched a study on which cities are best for commuters. We looked at cities that have the quickest commutes, the cheapest commutes, the most vibrant commutes, and more, according to Lyft data.
Looking Forward
As we settle back into our routines with the calendar turning to September, we want to help make your commute a little easier with price lock. No matter where you're going, we're here for you as you take on your day.