the US had public frequent transit systems at the turn of the century. the problem was they couldn't compete with brand new free Interstates. It's hard to compete with free.
That's a significantly higher parking rate than I've ever seen charged in the US. And generally in Japan street parking is not permitted in busy areas.
In an alternate universe, Los Angeles’ once-extensive streetcar system, which I believe was operated by private companies (though I could be wrong), could’ve been upgraded to become an extensive train and subway system. I believe the company that built the streetcar connecting Los Angeles with Pasadena also developed real estate along the route to encourage the use of the streetcar. This is exactly Tokyu’s business model; Tokyu played a major role in the development of “garden suburbs” influenced by the garden city movement of the early 1900s: first with the Den-en-Chofu neighborhood of Tokyo in the 1920s (which is served by the Tokyu Toyoko Line), and then with the development of Tama Den-en-Toshi (Tama Garden Cities) in once-rural parts of Kawasaki and Yokohama beginning in the 1960s. Of course, a crucial difference between the original garden city concept versus Tokyu’s implementation of it is that Tokyu’s garden suburbs are generally not job centers; while there are plenty of service jobs there, the majority of good-paying professional jobs are located in the city center (such as near Shibuya Station, which conveniently is heavily influenced by Tokyu), hence contributing to Tokyo’s legendary train congestion.
This meant that 50 years later when everything was at end of life, the streetcar companies could not repeat the trick.
In NA effectively the streetcars were a scheme to sell real estate, with the streetcar being the sweetener to convince people to buy into the neighbourhood.
Once sales were over the streetcar was then a pointless drag on profits. No surprise unscrupulous business persons cut back on maintenance and abandoned the "unprofitable" streetcars.
this is because of the efficacy of public transport working for most of the populous, getting a car isn't the worst thing in the world, but you need to be able to pay for it, show insurance, whatever. Also don't be a foreigner who can't speak Japanese. Basic rules.