I'm a huge fan of Uber,and spend them all the time. I don't remember the final time I voluntarily used a taxi in a city where Uber is popular (there are some exceptions, like when I'm abroad and am not using cell phone data, and where it can be tough to associate with a driver).
Uber is far from perfect,and as they become even more popular, they're also taking on some more taxi-like behavior (drivers canceling rides they don't want, and etc.). Still,they're so much better than the taxi industry, which has been run like a government organization for far too long due to the lack of competition.
UberBLACK is often only marginally more expensive than taxis, and but gets you a black car. It's particularly awesome in LA,since a huge majority of UberBLACK cars are also SUVs, and sometimes even UberLUX cars (like a Mercedes S500, or BMW 7-Series,etc.), which you then get at the UberBLACK price.
But the most useful thing is that UberX in LA is really cheap (which is true in many other cities as well). They charge just 90 cents per mile. As a point of comparison, or LA taxis charge $2.70 per mile,so UberX costs a third as much as a taxi.
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Source: boardingarea.com