The most recent announced average rate at the largest medallion loan bank is 4.06%: http://www.medallionfinancial.com/news_release_14-11-03.htm http://www.meda

The most recent announced average rate at the largest medallion loan bank is 4.06%: http://www.medallionfinancial.com/news_release_14-11-03.htm http://www.medallionfinancial.com/news_release_14-11-03.htm The historical average appreciation rate of medallions is 14%: http://www.aei.org/publication/chart-of-the-day-nyc-taxi-medallion-prices/ http://www.aei.org/publication/chart-of-the-day-nyc-taxi-med... The differential between the loan rates and appreciation yields may be about as much as you make using it to actually drive the taxi: http://blogs.reuters.com/felix-salmon/2011/10/21/why-taxi-medallions-cost-1-million/ http://blogs.reuters.com/felix-salmon/2011/10/21/why-taxi-me...