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.
Who's buying NYC taxi medallions in 2024? Is there any value left?
We hope you enjoy the conversation!
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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 ▶️
🚕🪙 Is Investing In A NYC Taxi Medallion A Thing In 2024?