What is the cheapest of most cost effective transportation available in LA?
With the price of gas continuing to rise at unprecedented rates, everyone’s looking for ways to save on the cost of transportation. Here in Los Angeles, there are some great options to cut down on the cost of getting around.
First off, there’s the highly underrated public transportation system here in Los Angeles. You may not know it, but Los Angeles has trains, subways, and buses that rival some of the most well known public transportation systems in the United States. The Los Angeles County Metropolitan Transportation Authority (LACMTA) operates nearly 200 bus lines throughout LA County. LACMTA also operates the Metro Rail system and the County’s subways. Every week there are approximately 3.1 Million boardings by Los Angeles residents on LACMTA public transportation. With most fares being under $2, the public transportation system is a bargain compared to any other option for getting around.
Public transportation isn’t the only game in town when it comes to buses. Megabus recently expanded operations to Los Angeles and now has hubs at Union Station and the Burbank Metrolink station. If you’re not familiar with it, Megabus operates double decker buses with Amtrak style seating and free WiFi. The buses transport customers to and from major cities for the bargain basement price of $1. Their Los Angeles hub can transport passengers from Union Station to Burbank, San Francisco, Riverside, Sacramento and even to Las Vegas. All for just $1.
Los Angeles is also home to many creative car sharing solutions. Zipcar operates in Los Angeles and has hourly options from $9 per hour or $50 per month for 6 hours of driving. Los Angeles even has its own local car sharing service known as LAX CarShare. Their rates are slightly lower than Zipcar’s.
Another creative way to save money on transportation costs is to use RelayRides. If you own your car you can rent it out when you’re not using it through RelayRides. You get paid up to $1,000.00 per month for renting out your vehicle. RelayRides handles screening all drivers and provides insurance coverage as well to ensure your vehicle’s safety. If you really wanted to get creative, you could get a three year loan on a vehicle, rent it out full time through RelayRides and potentially pay it off in a few years having spent nothing to purchase it. Sure, it would be used at that point – but you’d have a 2-3 year old vehicle that you didn’t pay for.
If you have any ideas for saving on transportation costs here in Los Angeles, please feel free to add them in the comments. And don’t forget to Like us on Facebook, Follow our Twitter and G+ page for even more Bankruptcy news and updates!