Mercedes and Audi don’t have spares ... not even a donut ... does BMW?

No T-tops Perhaps Buford T Pusser took them?

I want to say ‘78 or 79 ... but the head lights ...

Cultural appropriate of Daisy Dukes?

Nor should they have been inheritable. It should have been an annual (or three to five year) auction.

TLC licenses the drivers, inspects the companies, and follows up on consumer complaints. They buy/sell of medallions is on the open market. By the way, the drivers fought to limit the number of medallions. Reap what you sow.

That’s what they are doing now

in 2013 it climbed to 1.3 million. If you buy at $500,000 and earn for 20-30 years, then sell at 1,000,000 its not a bad deal. Problem is, they bought high and are selling low.

Yes, but the drivers howled when Mayor Bloomberg tried to increase them to serve demand. They rallied the city council to prevent expansion ... and then Uber and Lyft came in for the under-served.

The decedent’s partner went and did that. NYPOST.COM has original story

Or an ethical duty to pay his/her debt.

Conservative bloggers must pay a fee; socialist and anti-capitalists get it for free. Must be an ability to pay thing!

TLC is regulation; Medallions limit the number of service providers.

But it was OK when the Medallions were limited (for 70 years) and all of the medallions went into Manhattan and outer boroughs [yeah, you pre-hipster Brooklyn) couldn’t get a hail.

And cheaper too!

Medallions are exchanged on the free market. Several years ago, Mayor Bloomberg attempted to increase the number of medallions. The driver unions went bonkers (afraid of devaluing medallion market price).

Ehh, not so fast. The debt issues arise from the ones who purchased medallions at the height of the market. Historically, cabbies (and firms) buy the medallion and let it appreciate over years, then sell it for retirement. In 2013, medallions went for $1.3 million. More recently, around $500,000. They are upside down.…

Ohio is just NYC — for wimps

Driving in NYC has gotten worse in the last ten years due to:

There is a secondary market. Alternatively, you can lease a medallion for X hours / day.