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Started by NYC Taxi News, Apr 13, 2023, 06:22 AM

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NYC Taxi News

Does anyone know of medallion brokers or fleets that since the fare increases have raise the amount paid to medallion owners from $250 a month to more than that amount?

taxiwerker

I Would like to KNOW Too............

:o  :o  :o  :o

Its INSANE A High of 2500 Plus To THIS....

Bet They ARE Making BANK.............Oh They ONLY Deal With CASH Too HUH...?

Citytaxistreets

#2
can you get more maybe , can you get less maybe
there are many factors for example, a current contract and how difficult it is to get out or maybe if you are a new customer, they pay more. Demand for taxis is the number one driver and its not great right now , there are too many black cars. Too many black cars is not only bad for yellow its bad for black. You could cut the black car population in half and everyone would be happy including the passenger , their wait times are not going to be adversely affected . so everyone wins , but these black car licenses, these guys think there sitting on some sort of gold , they wont let go and the numbers wont come down . Taxis are the backbone of the industry and they must be protected and must gain efficiency and profit. Black car passenger fares need to rise more until their numbers are at least cut in half. Thats when equity will set in for all and i mean all participants in the industry .