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Is the higher up-front cost of Light Rail Transit (LRT) vehicles a good investment?

April 26, 2017COST good Investment light LRT rail transit up-front vehicles

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Is the higher up-front cost of Light Rail Transit (LRT) vehicles a good investment?

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The normal life expectancy of an LRT vehicle is typically three times longer than BRT vehicles, therefore making the higher cost of LRT vehicles a sound investment. Average performance measures from the American Public Transit Association show that the average operating expense per passenger mile for bus is $0.08 while the same measure for light rail is $0.06.