Is It Cheaper To Lease Cars For Transit Riders?
10 June 2005 - 1:00pm
How does the cost of new rail systems compare to leasing riders luxury SUVs instead?
Sponsored Advertisement
Advertise on Planetizen"ORourke compared the cost of new rail systems to the cost of leasing riders luxury SUVs and found transit wanting. Transit advocates have challenged this point, but it still holds true.
...[A] new BMW X-5 luxury SUV, available for lease at an annual cost of less than $6,300... the cost for each new annual commuter using the line two ways each work day (for 450 trips each year) would be approximately $8,400 -- or about $2,100 more than the cost to lease a BMW luxury SUV for the year."
Source:
The Heritage Foundation, June 10, 2005
»
- Login or register to post comments
- Email this page
- To Succeed, BRTs Need 'AYFs' - Aug 22, 2008
- The 11-Person Party Bike Car - Jul 30, 2008
- Minneapolis Residents Take to Their Bikes - Jul 09, 2008
- Ad Hoc Ferry System Keeps Businesses Afloat - Jun 11, 2008
- Sales Tax for Transit Catching on in Twin Cities - Apr 03, 2008









