What is an important factor in determining fare rates for for-hire vehicles?

Determining fare rates for for-hire vehicles primarily hinges on two critical aspects: the duration and distance of the trip. This method ensures that the fare is proportional to the actual service provided. Customers expect to pay based on how far they are traveling and how long the trip will take, which makes these factors essential for fair pricing. By considering duration and distance, service providers can create a transparent and equitable pricing structure that customers can easily understand.

While factors such as the number of passengers, the type of vehicle used, and the driver’s years of experience can influence overall service quality or cost considerations, the direct calculation of fare rates predominantly relies on how far and how long the trip is. This focus helps maintain consistency and reliability in fare assessments.