What you say is very right. When I bought my medallion I searched to find the lowest price and hoped the price to go up by the time I was ready to sell. It didn't make sense to keep leasing since I decided I was going to do this for the long term. If I thought the price would decrease I would have waited but it's hard to tell when the right time to buy is. Sometimes you just have to jump in feet first.
Mohammed
--- --- --- --- --- --- --- --- ---
Replying to:
Mr. Mohammed:
I understand your position. I think that most people would like to "buy low, sell high." I am torn too. Friends of mine are selling their medallions. In a way I am happy for them because I know how much they suffered, as you said, during the Shoenberger years. At the same time, drivers were more able to buy medallions back then too. They bought low and are selling high. I'm just sorry to see them go.
Re: Re: Re: Re: Re: Getting Rid of Rude Cabdrivers
I don't know about that. If they make medallions just for drivers then that will probably cheapen medallions that current owner/drivers have. That would be a big issue.
Big John if the city created a driver medallion I don't thing your medallion would automatically be considered one just because you are a driver. You would probably be able to sell your medallion to the fleets and buy the cheaper driver medallion.
I think it would still cheapen my medallion if there are more medallions on the road whether they are driver medallions or owner medallions. It all adds up to more cabs on the street. We don't need that. There's too much competition on the streets as it is.
--- --- --- --- --- --- --- --- ---
Replying to:
Big John if the city created a driver medallion I don't thing your medallion would automatically be considered one just because you are a driver. You would probably be able to sell your medallion to the fleets and buy the cheaper driver medallion.
