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Old 09-06-2007, 06:24 AM   #9 (permalink)
Cynthetiq
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Location: Manhattan, NY

http://www.engadget.com/2007/03/31/d...-taxi-solution

they are griping about the application of this technology, which will allow for GPS mapping, pay by creditcard (3% fees will be also paid by the cabbie) and also have advertising and NYC facts and information. I was in a cab that had it a few weeks back, but the GPS portion was disabled. The tracking map was centered over Brooklyn.

Quote:
Also, drivers who are buying their vehicles will be forced to shell out $2,900 to $7,200 for use of the units over a three-year period.
that's a HUGE hit to the bottom line when taxi cab drivers have to pay a mortgage on the medallion or lease payments, gas, car payment, insurance and maintenance of the vehicle. Some cabbies I have met have to run the medallion 24 hours a day in order to break make a decent wage. Note a medallion cost is around $300,000-$400,000.
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