Los Angeles Mayor Antonio Villaraigosa has announced that the city will open a bicycle sharing system. With an impressive 4ooo bikes, and 400 stations. It will be a privately run system, simply because the city has no money. Bike Nation will be putting up the investment and running the scheme.
Given it is a private venture, I thought it would be good to look at the costs of using the scheme. There is an upfront membership fee, or subscription.
|Trip Fees (tax included)|
|0 – 30 min||No fee|
|Up to 60 min||$1.50|
|Up to 90 min||$4.50|
|Each additional ½ Hr||+ $6.00|