Is Investing In A NYC Taxi Medallion A Thing In 2024?
NYC Taxi News founder Abe Mittleman, taxi industry expert Carolyn Protz and AutoMarketplace’s Dawood Mian discuss the current state of the NYC for-hire transportation (a/k/a TLC) market. After speaking about TLC industry current events, a recent bribery scheme involving JFK taxi dispatchers and self-driving vehicles being tested in NYC, the discussion focuses on the NYC taxi medallion market.
We hope you enjoy the conversation!
Also available on YouTube ⬇️
TABLE OF CONTENTS
👋 0:00 - Intro 🛬 06:41 - JFK taxi dispatch bribery scheme 🤖 19:40 - Self-driving vehicles come to NYC 🚕 25:45 - Taxi medallion = rights to self-driving vehicle permit? 🚕 27:22 - Value of NYC taxi medallions in 2024? Who's buying today? ⏳ 33:04 - The rise of Uber & Lyft NYC waiting list 🚕 - 34:10 - Immigrant mentality & the yellow cab 😰 - 36:09 - Drivers afraid of the NYC street hail? ❓ - 40:03 - Do yellow cab drivers actually enjoy the job? 80s, 90s vs. today? 🚕 - 44:25 - Abe reads from his book "Let's Go For A Ride" 🚕 - 46:05 - Were yellow taxi garages abusive? 🚕 - 49:20 - 2024 taxi medallion sales pitch? 🚕 - 51:30 - Yellow cab leasing rates in April 2024 🚕 - 56:00 - Why buy a NYC taxi medallion?
AutoMarketplace NYC covers the for-hire transportation industry and automotive news. Check out AutoMarketplace on YouTube ▶️
ncG1vNJzZmiZpam8rq3RpJytqJyWsKZ60q6ZrKyRmLhvr86mZqlnmah6qrrVnqqtoZ6ceqq6jJpkp7GTYsGixMhmpJ6ckaG5qrvN