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Uber Prices to Surge During New Year’s Eve

New Year's Eve: the day to overpay for everything from that glass of flat Champagne to the impossibly-high heels you'll wear just once, to, once again, that ride home from Uber. The ride-hailing app expects this New Year's Eve to be its busiest night ever. Due to high demand — and because it can — Uber is bringing back its surge pricing, a boon to its drivers but a bane to passengers. Fares can increase sevenfold or more during the busiest time of the night, which Uber says will be between 12:30 a.m. and 2:30 a.m. To avoid spiking fares, Uber suggests booking a ride right after the ball drops at midnight, or wait until after 2:30. The app will notify users in advance if surge pricing is in effect, and full-price estimates are given before requesting a ride. In addition to partying at home, taking public transportation or a cab, however, there are other options for revelers who, for whatever reason, think better of driving on New Year's Eve. Riders who use rival Lyft will also see a version of Uber's price surge, called "Prime Time." The feature is turned on when ride requests "greatly outnumber available drivers." How much extra you'll pay, Lyft says, depends on demand.

Uber under fire for Sydney price surge 1:42

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--- The Associated Press