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Medallions up for grabs. 80% off?

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AsStibelDude
625 Driver
 Posted 1 year, 8 months ago

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Look at what I ran into. Wanna own a taxi business in NYC?

https://www.taxicabuniverse.com/index.php/category/133-medallion-shl-for-sale

One guy has one listed for $700. Even that is too much considering Uber gives you $500 to start driving. 

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    jbauer
    391 Driver
     1 year ago

    These aren't the $1M yellow cab medallions. They're like gypsy services that started a few years ago that serve the boroughs (not Manhattan).  

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      dShaperoMDM
      112
       1 year ago

      I thought Uber would cover those needs just fine. With taxi drivers struggling they thought to add more cabs on the streets?  

      I admit it isn't as easy to get a cab outside of Manhattan, I do see the irony in their launching this service just as Uber was getting massive traction. I mean, this thing started in 2013. Now that long ago. 

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    mboscorelli
    253 Rider
     1 year ago

    Nice find. 

    What are SHLs? Is that some kind of a special vehicle license?  Isn't that obvious with a medallion or is that something on top of it?

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      RPaulson
      551 Driver
       1 year ago

      Street Hail Livery. It is the new taxi service that opened up a few years ago to supplement the famous yellow taxis.  Notice that all these cabs are green and not yellow.  Yep they thought with Uber joining the fray, they needed more taxis on the streets  

      "Drivers have to affiliate with a neighborhood base. There are 63 bases that have registered with the program: 22 in the Bronx, 17 in Brooklyn, 12 in Queens, 11 in Manhattan and one in Staten Island.

      The green cabs are allowed to pick up street hails in northern Manhattan and anywhere in the other boroughs, excluding Kennedy and LaGuardia airports. They also can pick up passengers who arrange rides through the bases like regular livery cars.

      The new class of cab was created in part because yellow cab drivers focused almost entirely on Manhattan's central business district and ignored all other neighborhoods like Washington Heights, Sunset Park in Brooklyn and Corona in Queens. Livery car drivers regularly flouted...

      Read more...

      Street Hail Livery. It is the new taxi service that opened up a few years ago to supplement the famous yellow taxis.  Notice that all these cabs are green and not yellow.  Yep they thought with Uber joining the fray, they needed more taxis on the streets  

      "Drivers have to affiliate with a neighborhood base. There are 63 bases that have registered with the program: 22 in the Bronx, 17 in Brooklyn, 12 in Queens, 11 in Manhattan and one in Staten Island.

      The green cabs are allowed to pick up street hails in northern Manhattan and anywhere in the other boroughs, excluding Kennedy and LaGuardia airports. They also can pick up passengers who arrange rides through the bases like regular livery cars.

      The new class of cab was created in part because yellow cab drivers focused almost entirely on Manhattan's central business district and ignored all other neighborhoods like Washington Heights, Sunset Park in Brooklyn and Corona in Queens. Livery car drivers regularly flouted the law and picked up street hails in their neighborhoods, risking substantial fines."

      http://www.nydailynews.com/new-york/green-cabs-hit-streets-article-1.1422738

      Read less...

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    MelissaMyers
    139 Rider
     1 year ago

    Many of them says, "clean record."  I didn't know about medallions. I guess history, reputation, and liability follow these things around?

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    BehindTheName
    113 Rider
     1 year ago

    Why are they all green. 

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      jbauer
      391 Driver
       1 year ago

      It's a new service. These are different than the infamous yellow cab medallions. 

      These say $200K, but it was under my impression that these are regular permits you purchase for much cheaper directly from the city. Are people really doing private sales already?  I would be a bit warned of a site like this.

      you should check TLC  http://www.nyc.gov/html/tlc/html/industry/shl.shtml

      They are supposed to be much cheaper to obtain so smaller operators and companies can open a taxi service in New York City. They are assigned to specific areas of operations and can certainly not operate in Manhattan where Yellow Can is the sole provider of street hail service. (Meaning they can pick up a hailing passenger)