mike Posted February 26, 2005 Share Posted February 26, 2005 Metro has sold six surplus trolley buses to Capital Metro in Austin, illustrating the waning of downtown circulator routes served by the special vehicles designed to resemble old-fashion streetcars.Capital Metro will pay Houston Metro $100,000 for the six trolleys, which were purchased in 1998 for $264,000 each. The value of the six trolleys today is listed at $541,000. Because Houston Metro used federal money to pay the bulk of the cost, it must pass that 82 percent savings along to the Austin transit agency.Metro's directors approved the transaction Thursday.31 trolleys still on routesHouston Metro will keep 31 trolleys to continue service on the remaining two central-city circulator routes Quote Link to comment Share on other sites More sharing options...
Talbot Posted February 27, 2005 Share Posted February 27, 2005 They sold all six for only $100,000? Geez, what a rip-off. Quote Link to comment Share on other sites More sharing options...
jmancuso Posted February 27, 2005 Share Posted February 27, 2005 damn, for only 16 grand a bus, i should have bought one. Quote Link to comment Share on other sites More sharing options...
Talbot Posted February 27, 2005 Share Posted February 27, 2005 for real, I sure would catch an eye at school driving a metro trolley bus. Quote Link to comment Share on other sites More sharing options...
Lowbrow Posted February 27, 2005 Share Posted February 27, 2005 These are those big deisel spewing trolleys? Quote Link to comment Share on other sites More sharing options...
tw2ntyse7en Posted February 27, 2005 Share Posted February 27, 2005 ... Quote Link to comment Share on other sites More sharing options...
dbigtex56 Posted February 27, 2005 Share Posted February 27, 2005 They sold all six for only $100,000? Geez, what a rip-off.<{POST_SNAPBACK}>Because Metro bought the trolleys with federal funding, they had to sell them to another federally subsidizedl transportation system. The cost was determined based on real value of the trolleys vs the amount that Metro actually chipped in (something like 18% if I recall correctly). Quote Link to comment Share on other sites More sharing options...
Talbot Posted February 28, 2005 Share Posted February 28, 2005 Because Metro bought the trolleys with federal funding, they had to sell them to another federally subsidizedl transportation system. The cost was determined based on real value of the trolleys vs the amount that Metro actually chipped in (something like 18% if I recall correctly).<{POST_SNAPBACK}>I understand, it just seems so low. Quote Link to comment Share on other sites More sharing options...
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