Quantcast Changes to the MBTA - what’s to complain about?
Search by tag or site Login to my blogStart my own blog















TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

The Boston Real Estate Blog

I am an independent real estate broker, focused on the residential real estate market in downtown Boston.

Changes to the MBTA - what’s to complain about?

Posted on 11/10/2006 21:49 PM | Link | Post Comment

So, prices are going up on the T.

For some unknown reason, instead of increasing the one-way fare to a simple number like $1.75, the T increased it to $1.70. That extra nickel is worth so much to those on a limited budget, isn't it?

Here's the breakdown of the new subway fares, along with my comments:

The monthly cost goes from $44 to $59 for a subway pass, but no with free bus transfers (whoop-de-do). Combo and Combo-Plus Passes are eliminated.

A single ride increases from $1.25 to $2.00, if you pay cash or buy a single-ride (or multiple ride) Charlie Ticket, for a ride on any Green Line, Red Line, Orange Line, or Blue Line train. This is true whether you are going inbound or outbound, and, now, for the first time, above-ground outbound, too. Take that, BU students!

The T says it will cost $1.70, if you use your Charlie Card. I have no idea what this means. Anyone? I thought you bought a Charlie Card by the month. For a set amount. How does that translate into $1.70 per ride? I guess you can still add money to a Charlie Card, beyond the month it's issued? If so, the ride will only cost $1.70, not $2.00.

Apparently, the Charlie Card is the RFID type card that you tap and go. It's not being used, yet. The Charlie Card will be replenishable. It'll cost $1.70 a ride, with the Charlie Card.

The Silver Line Waterfront (a.k.a, the slow bus) fare is $2.00, when paid with cash-on-board or a CharlieTicket, and $1.70 when paid with a CharlieCard.

The Silver Line Washington Street (a.k.a. the really slow bus) fare equals the local bus fare, or $1.50 when paid with cash or a CharlieTicket and $1.25 when paid with a CharlieCard.

The best news is, extra fares are gone, now. You don't have to pay extra on the Red Line, at Braintree and Quincy Adams, and you don't have to pay extra on any of the D Line.

So, take that, jerk driver who yelled at me after I only put in $1.25 instead of $1.50, because I didn't know it cost more to get on at Riverside.

Yet, for some reason, senior citizens still get a discounted fare, only $.60 per ride. I mean, really. They take up all the seats! At least raise the price for a ride to a buck!

Kids eleven and under go free (why? they take more seats than the seniors!), and students pay $.85 per ride, or $20 per month, with student pass, before 8 PM (after that, they just ride their bikes around your neighborhood and terrorize you with rocks and chains).

So, yeah, price increases suck. I still think the monthly pass is the steal of the century, this or last. $40! Definitely worth it, delays and breakdowns, included.

Source: 2007 Fares & Passes Information, MBTA.com

More posts about: 
Stock Quote or
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.