|
Item |
St. Louis Eastside Line |
|
Cost per New Ride |
$39.72 |
|
Annnual Commuter Cost |
$17,876 |
|
Career Commuter Cost |
$715,026 |
|
|
|
|
Exhibit: Annual Car Lease Cost |
|
Lexus 430 |
$9,872 |
|
Lexus IS300 |
$5,073 |
|
Total |
$14,945 |
|
|
|
|
Notes |
|
|
Rail capital costs from FTA |
|
|
Capital costs discounted at 7 percent over 40 years. |
|
Operating costs estimated at $15 million annually |
|
New commuters based upon change in ridership first three quarters of FY 2002 v. FY 2001 |
|
450 Commuter trips per year (225 two way trips) |
|
40 Year Career |
|
|
Car lease costs include monthly payments, down payment and capital reduction payments (all costs of lease) |
|
Lexus 430 cost based upon www.carsdirect.com quote 2002-07-31. |
|
Lexus IS300 cost based upon advertisement in St. Louis Post-Dispatch by Plaza Lexus, 2002-07-31 (Page F-14) |
