Taxis Cost $760,000? Yes.


From “Best Tip For Your Cabbie? Save Up & Buy A Taxi Medallion”

I’ve always been fascinated with taxi drivers who OWN their own cars (because most drivers lease at a steep charge everyday.)  But it’s not the car itself that’s valuable (mostly Ford Crown Victorias), it’s the medallion stabbed crookedly to the hood that is the money maker.  At $760,000, a medallion is worth nearly 180% more than it was less than a decade ago. Amaaazing.


One response

  1. I really like and appreciate your blog article. Awesome.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: