AutoMarketplace's Dawood Mian speaks with Lenny Frias. Lenny drove the NYC yellow taxi from 2006 to 2016, before switching to Uber. He shares his experience & thoughts about today's TLC industry.
We hope you enjoy the conversation!
Also available on YouTube ⬇️
TABLE OF CONTENTS
👋 0:00 - Intro 🚕 2:56 - Driving a NYC yellow cab. How it looked? 🚕 6:00 - Experience with taxi garages 🚕 07:30 - How much was he making driving a yellow cab? Expenses? 🚕 10:20 - Why didn't you buy a taxi medallion? 🚕 11:37 - Taximeter math 🚕 12:51 - Day shift vs. Night shift ⬛ 14:54 - The rise of Uber in NYC 🚕 19:35 - Drop in NYC taxi driver earnings 2015 vs. 2014 🔀 20:53 - Making the switch from yellow cab to Uber / NEMT ⬛ 21:30 - Uber NYC driver earnings in 2016 ⬛ 23:04 - Renting, then buying a TLC-plated vehicle 🚕 25:05 - Has yellow cab industry learned from mistakes? 🚕 27:30 - What would you pay for a taxi medallion in 2024? ⬛ 28:12 - How much are you making today? Just Uber NYC? ⬛ 30:42 - Owning your NYC TLC Plates vs. Leasing 💰 37:04 - How much should a NYC TLC driver make? ⚡ 40:15 - Using EVs for NYC TLC ⬛ 45:02 - Uber and Lyft NYC waiting lists? Lockouts? 🤖 48:59 - Thoughts on self-driving vehicles ("robotaxis")
AutoMarketplace NYC covers the for-hire transportation industry and automotive news. Check out AutoMarketplace on YouTube ▶️
🟨⬛ NYC Yellow Cab vs. NYC Uber: Conversation With Lenny Frias (TLC Driver's Perspective in 2024)