ATTENTION OWNERS AND AGENTS: All owners and agents that lease taxicabs on a daily or weekly basis may now sign up to test increased flexibility in leasing arrangements with drivers. To learn more about the Taxicab Leasing Pilot, including how to promote your pilot leasing models, click the “learn more” tab below.
ATTENTION DRIVERS: Drivers interested in learning about the new, flexible leasing opportunities offered by participating lessors should scroll down for a complete list of all participants and the leases they offer.
Learn more about the Taxicab Leasing Pilot
Driver outreach has revealed that some have stopped operating taxicabs as a result of the inflexible leases currently offered by lessors running a “5-to-5” operation. TLC estimates this lack of service during the evening rush hours causes drivers to lose over 12,000 potential fares each weekday.
By participating in the Taxicab Leasing Pilot, owners and agents can offer the attractive shifts their drivers demand, such as uninterrupted shifts during the high demand evening rush hours, shorter shifts, and low-risk leases.
TLC will promote the leasing models each participant offers on this webpage, providing participants a unique opportunity to reach interested drivers.
Participants may choose to offer the following leases:
Standard Leases: lease agreements governed by TLC lease caps;
Fare Share Leases: low-risk lease agreements where the participant withholds at the end of the shift a percentage of a driver’s farebox revenue as payment for the lease;
Participant Leases: leases governed by a leasing model designed by each Participant with specific lease times and rates and approved by TLC; or