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Urban Rail: Less To Lease Cars For New Riders

Posted by: Chris Steins
Thanks to: The Public Purpose
22 November 2000 - 9:00am

The Public Purpose ranks urban transit projects by cost, and suggests that it would be less expensive to buy a new car for each rider.

US Dept. of Transportation data indicates that the costs per new rider of all but one of the more than 25 proposed new US light rail and metro systems exceeds the cost of leasing a car in perpetuity. In some cases a luxury car (such as a BMW 740i or Jaguar XJ8) could be leased for less. The formula for calculating the annual cost is the cost per new passenger trip times 450 (each commuter works an average of 225 days and commutes twice daily).

Full Story: Urban Rail: Less To Lease Cars For New Riders
Source: The Public Purpose, November 20, 2000
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Most importantly, we should acknowledge that a consensus building event forms at one time around one cluster among many interacting issues and actions. Other efforts will and should emerge around clusters of other issues and actions.
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