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Shouldn't cities cancel medallion systems if they are allowing Uber and Lyft to operate?

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kmcdonald1
101
 Posted 4 years, 7 months ago

They should be refunding those ridiculously priced medallions if they are going to let Uber and Lyft operate in their towns.  They cost like $250,000 to $1,000,000, I heard. I feel horrible for the taxi companies who paid those prices.

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    kmcdonald1
    OP 101
     4 years ago

    Thanks for the response.  So we are saying that the taxi companies came up with this scam to create fake value and the cities went in on it. 

    Just great.

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    jbauer
    398 Driver
     4 years ago

    This thread is a reminder that the medallion system in places like NYC and Boston ARE STILL IN PLACE TODAY!!  WHAAAAAAAAAAA

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      popsturahri
      9
       3 years ago

      No... medallion prices in NYC is ruined now. 

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      LeeBron117
      67
       4 years ago

      Since it isn't official yet, it's interesting to think what happens when it is official.  Will the city have to buy them back.  that'd be hilarious.

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    jbauer
    398 Driver
     4 years ago

    Hey, you didn't answer whether the medallion fees should be cancelled!   i'd say, yes!  Damn hypocrites.