Lyft launches a new $3.00 carpool option

Cheaper is always better, especially for things you pay for regularly, like transportation. That’s why Lyft has introduced a new kind of discounted option for it ride-sharing service, known as Lyft HotSpots, in its home city of San Francisco. Anyone who orders a Lyft Line in one of these designated hotspots will be able to catch a ride for just $3 so long as they’re destination is in a certain area, which covers most of the San Francisco proper. The option is only available in a few places, so its actually quite limited, but its certainly an excellent idea that I hope takes off. 

If you were sad when Lyft’s “Match Muni” promotion ended, today is your day. The company has introduced a new kind of ride discount in San Francisco: Lyft HotSpots. So far, it has designated four intersections in popular parts of town. If you order a Lyft Line at one of the “HotSpots” and take it within the designated area — most of San Francisco proper — your ride will only cost $3. It’s a creative premise. Lyft wants as many people as possible learning to use its Lyft Line feature because that makes the carpooling more efficient. But it couldn’t charge Muni’s price of $2.25 for all Lyft Lines forever. With a HotSpot promo, Lyft has introduced a more sustainable way to grow its carpool business. ot everyone will be able to order from these intersections — after all, four intersections in a large city is pretty limiting. Those who are already near the hotspots, however, will likely easily and quickly get matched with others standing nearby, which limits the amount of time drivers must spend picking up passengers. It also brings the on-demand transportation sector one step closer to public transportation on the continuum of travel options. Where else do you gather in popular intersections to collectively share rides with people?