ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Woman Reveals Uber is Charging More Than the Initial Cost of Rides in the Name of Dynamic Pricing

She explains, “On my bank statement, it says that they charged me $14.95, then they took it, gave it back, and then charged me the $43." 
PUBLISHED APR 28, 2024
Cover Image Source: Woman reveals Uber's 'dynamic pricing' tactics | TikTok|@dollfacemcgee
Cover Image Source: Woman reveals Uber's 'dynamic pricing' tactics | TikTok|@dollfacemcgee

People taking flights and cabs on a regular basis are no strangers to the concept of demand affecting ticket rates and surge pricing making rides more expensive. As the concept of dynamic pricing gains traction, customers have given mixed reactions to it in social media debates. A user (@dollfacemcgee) posted a video about how Uber charged her more and named the phenomenon "dynamic pricing." She started her video by warning the viewers and informing them that Uber might quote one price but charge a different one after the ride. She continued by sharing her experience when she decided to book an Uber for home and the ride was for $14.95. But just when she was about to pay, the app charged her $43 for the ride. She further explains, “On my bank statement, it says that they charged me $14.95, then they took it, gave it back, and then charged me the $43." 

Snapshots from the video. Image Source: TikTok|@dollfacemcgee
Snapshots from the video. Image Source: TikTok|@dollfacemcgee

She got baffled by the prices and contacted Uber who told them about the temporarily introduced concept of 'dynamic pricing'. She explains in her video, “Basically, the way it sounds, it sounds like they’re trying to get people to drive. Like, they’re trying to get Uber drivers to actually want to drive, so they up the price." She further adds, "They show you a price, but then they show the people who are going to drive a different price, and then they pay them that price out of your pocket." She ended the video, saying, “But the ride was supposed to be $14 and some change. You charged me $43 and so you gave me 10 bucks back. So, you still charged me $30 for a $14 ride." She was infuriated by the company's change of policy and further mentioned that she already uses Lyft for most rides. 

Snapshots from the video. Image Source: TikTok|@dollfacemcgee
Snapshots from the video. Image Source: TikTok|@dollfacemcgee

Reacting to the video, @sday0701gmailcomSuzanne commented, "Dynamic pricing is when they charge more because of demand. Wendy’s is gonna start doing also, kinda like airlines." @Daisy added, "Same thing happened to me. $15 ride turned to $40 because of traffic and the driver took an alternate route. I tried to dispute it; they wouldn't let me. I immediately canceled my account and switched." @Jon wrote, "Wendy’s just tried dynamic pricing and quickly realized it was a bad idea." 

Screenshot of a comment under the video. Image Source: TikTok|@dollfacemcgee
Screenshot of a comment under the video. Image Source: TikTok|@dollfacemcgee

@Nikkie commented, "This happened with my teenager. My kid has a teen account. I couldn’t take him to school one morning, the ride was $20.19 and they charged me $66. Card dispute." @aaaaaa.24 chimed in saying, "Happened to me the other day. Had about 12 charges from Uber starting from $1-$14. For Ubers, I never took. In total, about $150 taken out of my account." @Maya K commented, "Girl, I be checking my receipts from them 20 times because they be saying one thing and charging another. They charge me the price then be adding a couple dollars and cents later on!"

Screenshot of a comment under the video. Image Source: TikTok|@dollfacemcgee
Screenshot of a comment under the video. Image Source: TikTok|@dollfacemcgee

Some suggested that she should take action if Uber was at fault and has still not settled the amount.


@dollfacemcgee

Haa anybody heard of Uber’s “dynamic pricing”? First it was surge pricing & NOW you’re just showing us cheap prices to charge us expensive prices once the ride is complete?

♬ original sound - Pepperoncini P 🧜🏽‍♀️

 

You can follow Pepperoncini P (@dollfacemcgee) for more such videos.

MORE ON MARKET REALIST
He also credited US President Donald Trump for his vision of re-industrialization with AI.
9 minutes ago
His comments were made in response to a Danish pensioner pulling their investment from the US.
32 minutes ago
This ruling reflects growing trade tensions between the US and Europe amidst the Greenland crisis.
2 hours ago
She did not win much but it would have been better than going home empty-handed.
19 hours ago
Brian Moynihan told Fox that a number of factors will contribute to the US GDP growth.
20 hours ago
The President has a desire to take control of Greenland, threatening allies with tariffs.
23 hours ago
It seems like the people of Denmark are replying to the US by using their own tactics.
23 hours ago
It is part of a program running from 2017 which has seen almost $7 billion in payouts.
1 day ago
"And yes, I can want an autograph, and a new car. First car win in 2026, and it's a Nissan," a fan reacted.
1 day ago
The President has threatened EU countries with tariffs, which could lead to retaliatory measures.
1 day ago
She travelled all the way back to 2016 to get some of her guesses spot on.
1 day ago
The contestant has automatically qualified for the 2027 Tournament of Champions.
1 day ago
Research from Kiel Institute found foreign trade partners are bearing only 4% of the added costs.
1 day ago
A large percentage of people admitted to regretting impulse buys made thanks to social media.
2 days ago
The product was reportedly distributed in seven states but no illness has been reported yet.
2 days ago
The absence of state income tax, in contrast to other tax havens, is a major lure for elites who live there for more than 183 days a year.
2 days ago
"Well, a strong player tonight in the main round, but not in the bonus round. Maybe we will have a Winner tomorrow," a fan reacted.
2 days ago
Treasury chief expects judges to avoid blocking Trump’s signature tariff policy
2 days ago
More big names in retail are shutting their doors as they struggle to ensure affordability while making a profit.
2 days ago