But, a car that is being used for Uber/Taxi service loses way more value over time, as a normal private car (in Europe for example) will make 10k to 15k kilometers per year, while Uber/Taxi cars will make double of that easily.
Yes. The use of a car in Uber service is extracting value from the car. My point was that the rate of that extraction goes down over time and distance, partially (perhaps more than) offsetting the increase in repair costs over time and distance.
