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A taximeter or fare meter is a mechanical or electronic device installed in taxicabs and auto rickshaws that calculates passenger fares based on a combination of distance travelled and waiting time. Its shortened form, "taxi", is also a metonym for the hired cars that use them. [1] [2]
The IRS considers that the average US automobile has a total cost of US$0.58/mile, around €0.32/km. [11] According to the American Automobile Association, the average driver of the average sedan spends totally approximately US$8,700 per year, or US$720 per month, to own and operate their vehicle.
The taxi meters track time as well as distance in an average taxi fare. ... after 480,000 and 560,000 km (300,000 and 350,000 mi) per vehicle. ... taxi prices did not ...
For instance, it appears to compare different kind of roads in some publications as it had been computed on a five-year period between 1995 and 2000. [8] In the United States, it is computed per 100 million miles traveled, while internationally it is computed in 100 million or 1 billion kilometers traveled.
In early 1907 Harry N. Allen, incensed after being charged five dollars (equivalent to $160 in 2023) for a journey of 0.75 miles (1.2 km), decided "to start a [taxicab] service in New York and charge so-much per mile." Later that year he imported 65 gasoline-powered cars from France and began the New York Taxicab Company.
People moving around the city on business often choose taxis for convenience, as do people setting out in small groups. As of December 2007, taxis cost ¥710 (~$7.89 at ¥90/$1 USD) for the first two kilometers, and ¥90 for every 288 meters thereafter, or approximately ¥312.5 per kilometer. Most companies tend to raise fares by 20% between 22 ...
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The rates for a Yellow Cab in Pittsburgh as of September, 2011 are an initial charge of $3.35 plus $0.25 per 1/7 of a mile, plus $0.25 for each minute of waiting time. In trips over 20 miles, the meter will automatically begin calculating the distance following the initial 20 miles at $0.50 per 1/7 mile.