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Private Hire Taxi vs. Taxi: Which Is Cheaper and Better for Your Journey?
Understanding Private Hire Taxi Services
Most people often have to weigh between private hiring and taxis on the best method of transportation, especially in towns and cities across the country. What is more puzzling to individuals is whether these services are value for money as compared to their counterparts. Perhaps you’re a businessperson planning your trip or on a night out, and if you need transportation to the airport, understanding this difference can greatly help you choose the right transport service.
What is a Private Hire Taxi?
A private hire taxi, also known as a hire cab, is a rental taxi service system that can be booked in advance. This is usually done via phone call, website or an app. They are not allowed to pick up passengers without a pre-booking. They are often considered more flexible and cheaper for long-distance or scheduled journeys.
Private hire services are usually operated by smaller, independent companies or private operators. These vehicles can be a convenient option for travellers who want a private hire taxi for a specific route or time.
What is a Taxi?
A taxi hire is the most classic and common type of transportation. Passengers can hail a cab on the street directly or use an app-based taxi service. Taxis are immediately available, unlike private hire vehicles, which need to be booked beforehand, hence making them excellent for spontaneous trips.
Taxis are mostly fitted with a meter that charges by distance. This is a dynamic calculation of price, so for long distances, the prices may become pretty expensive, especially during peak hours or periods.
Private Hire vs. Taxi: Which Is Cheaper?
1. Pricing Model
The pricing model is a significant difference between private hire taxis and traditional taxis. Private hire services are usually less expensive for long journeys because their price is quoted in advance. This gives passengers a clear idea of the amount they will have to pay from the start.
Taxis, on the other hand, operate on a meter system, which can lead to unpredictable charges. For example, if you’re travelling during rush hour or in heavy traffic, your fare could increase substantially. Private hire taxi services, however, avoid these fluctuations and offer fixed-rate pricing.
2. Journey Type
If you have to make a long-distance trip, a private hire taxi is usually more cost-effective. Most importantly, a private hire taxi has no surge pricing, and the amount paid will often be negotiated before takeoff; however, for shorter distances, a traditional cab may be cheaper since you’re only travelling a few blocks or because you need a ride quickly
3. Booking Process
The difference in hiring a cab lies in the booking process. You have to pre-book a private hire taxi. This is an advantage when you need to get somewhere at a certain time or for an event. Taxis, on the other hand, are on-demand, so it is very convenient if you need a ride right away, though this may cost you a bit more, especially during peak hours.
Advantages and Disadvantages of Private Hire Taxi and Taxi
Private Hire Taxi
Advantages
Fixed pricing for better budget control.
Advanced booking ensures availability.
Often cheaper for longer, pre-scheduled journeys.
Higher comfort and customer service standards.
Disadvantages
Must book in advance, limiting flexibility.
Limited availability in some areas compared to taxis.
Taxis
Advantages
Can be hailed immediately, ideal for spontaneous travel.
More widely available, especially in urban areas.
Metered pricing for short, local trips.
Disadvantages
Pricing can fluctuate due to traffic or time of day.
Potential for long wait times during busy periods.
Cost Comparison
In comparison, there are many factors that may affect the cost and quality of service when comparing PHVs with traditional taxis in the UK. Here’s a breakdown to help you decide which might be more suitable for your journey:
Base Fare: Traditional taxis often charge a base fare between £3 and £4, even on short distances.
Per Mile Rate: The cost per mile for taxis varies between £1.20 and £3, depending on factors like location, time of day, and day of the week. Private Hire Taxis usually charge relatively cheap fares, especially on longer distances or if booked in advance. For example, a private hire firm in Camberley has advertised a minimum charge of £3.00 with a per-mile rate of £2.00 and a waiting time tariff of £0.50 per minute.
Other Considerations:
Surge Pricing: PHVs will have surge pricing when there is high demand, meaning the fare is higher. Traditional taxis have regulated fares, but there are extra charges during holidays or late-night hours.
Regulations: Traditional taxis are strictly governed by licensing and fare regulations under the local authority. Licensing rules apply to PHVs but are often looser on their price structures.
Which Is Better for Your Journey; A Private Hire Taxi or a Normal Taxi?
Hiring a private hire taxi or a traditional taxi depends on the nature of your journey. Private hire services charge fixed prices, making them cheaper and more predictable for longer scheduled journeys. Taxis, however, offer immediate availability and are often more convenient for shorter trips or for those who need a ride right away.
If you want to save money and plan, a private hire taxi is the best option for you. However, if you need a taxi hire for a quick, on-demand trip, then a traditional taxi would be a better fit for your needs.
If you’re looking for reliable and affordable private-hire taxi services. Book your ride today with Ontrack. We offer competitive rates and professional services designed to your specific needs. Don’t hesitate; to let us take care of your transport needs, whether heading across town or to your next event.
