How Much Americans Could Save by Ridesharing Driverless Cars Over Owning

Online insurer Esurance surveyed consumers, analyzed trends, and spoke to experts to find out.

“Like with most new technology, we’ll see consumer perceptions evolve and adoption accelerate as the promised benefits of self-driving cars are realized,” said Haden Kirkpatrick, head of strategy and innovation at Esurance.

The reality is that the first fully autonomous cars will be very pricey and beyond the reach of most Americans. Manufacturers expect the early buyers will be businesses and the very wealthy. One developer says prices won’t start coming down enough for most families and individuals to buy them until 2025 or beyond.

Until the price of ownership of self-driving vehicles comes down, most people will experience driverless vehicles through ridesharing, according to researchers.