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A comment on Uber Confirms New $1.2B Funding Round, Looks to Asia for Expansion. Parent comment
http://www.medallionfinancial.com/news_release_14-11-03.htm
The historical average appreciation rate of medallions is 14%:
http://www.aei.org/publication/chart-of-the-day-nyc-taxi-med...
The differential between the loan rates and appreciation yields may be about as much as you make using it to actually drive the taxi:
http://blogs.reuters.com/felix-salmon/2011/10/21/why-taxi-me...
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http://www.medallionfinancial.com/news_release_14-11-03.htm
The historical average appreciation rate of medallions is 14%:
http://www.aei.org/publication/chart-of-the-day-nyc-taxi-med...
The differential between the loan rates and appreciation yields may be about as much as you make using it to actually drive the taxi:
http://blogs.reuters.com/felix-salmon/2011/10/21/why-taxi-me...