Drive a yellow cab
this week.

200+ medallions. Hybrid fleet. Same-hour callback for qualified drivers — because you came here to earn, not to wait on a back-office.

Apply in 3 minutes.

We text back within the hour during business days.

$950–$1,400
Typical weekly take-home
After lease, based on 45–55 hour weeks. Ranges vary with hours and season.
< 1 day
Avg time to first shift
From qualified application to keys in hand.
30–40%
Hybrid fuel savings
Versus driving a standard gas sedan, all else equal.
24/7
Driver support line
Breakdown, TLC question, meter issue — we answer.
Earnings explorer

Pick your hours. See the math.

15 sec · no signup

Real lease rates from the SR rate sheet, effective 10/28/2024. RAV-4 prices vary by model year and what's currently in the lot. Solo (single-driver) and Shared (2-driver) weekly rates are pulled directly from the office. Adding a second driver to a Medallion-only lease is +$75/wk. Earnings figures are estimates based on typical NYC yellow-cab gross fares (~$45–55/hr) minus lease and fuel; not a guarantee of earnings. Individual results vary with hours, shift selection, weather, route, season, and pace. The real number tied to your specific vehicle is in writing before you sign anything.

Behind the wheel this week.

Straightforward process. No runaround. Most drivers are earning inside 5 days from a qualified application.

Step 01

Apply online.

3-minute form

We pull your TLC record and text back the same hour during business days. No sales pitch — a yes/no on fit and a time slot.

Day 0
Step 02

Quick office visit.

~1 hour at 625 W 51st

Paperwork, insurance setup, vehicle assignment. We walk you through the lease in plain English before you sign anything.

Day 1–2
Step 03

Keys & first shift.

Earning the same day

Medallion assigned, vehicle ready, insurance active. Drive away, pick up your first fare, and start clearing the lease that afternoon.

Day 3–5

What you need to start.

Simple list. If you have these, you're ready to apply today.

Lease now. Own when you're ready.

Most drivers start with us on a weekly lease. A smaller group, over time, decides to own their medallion. We handle both, and we tell you the numbers before you sign anything.

For drivers

Path to ownership.

Medallion values moved sharply after the 2021 federal restructure. If you want to build equity in the yellow cab business, here's how we help:

  • Direct medallion sales from our portfolio to tenured drivers
  • Introductions to credit unions and lenders active in this market
  • Full transparency on terms, down payment, and monthly carrying cost
  • No teaser rates, no exclusivity clauses, no pressure to sign
For owners

Owner management.

If you already own a medallion and are tired of running operations yourself, we manage it for you end-to-end:

  • Driver placement, insurance, TLC compliance, collections
  • Monthly statements — no black-box accounting, your medallion stays yours
  • Exit at any time with 30 days' notice — we don't lock owners in
Want to talk ownership? Real numbers, no pitch.
Call (212) 957-9200

Questions, answered.

How much can I really earn?
Drivers working 45–55 hours a week typically clear $950–$1,400 after their weekly lease. Bigger weeks push higher. Slower weeks or fewer hours push lower. Hybrid fuel savings add $80–120 per week versus a gas car. Use the earnings explorer above to see the math at your hour level.
What's included in the weekly lease?
Medallion, vehicle, commercial taxi insurance, TLC registration and compliance fees, scheduled inspections, and basic maintenance. You cover fuel and your personal hack license fees. Everything in writing before you sign.
Do I need a hack license already?
Ideally yes — you need the TLC hack license to legally drive. If yours is in application, apply anyway. We'll keep your file warm and start you the day it's approved.
Can I pick my schedule?
Yes. Single-shift (you drive only) or multi-shift (shared with another driver) leases available. We'll match you to the hours you want.
Can I eventually own a medallion?
Yes — we sell medallions too. Many of our longest-running drivers transition to ownership. See the ownership section above for details, or call us once you've driven with us for a while.
Earnings figures are based on anonymized driver averages over the last 12 months for drivers meeting or exceeding 45 weekly hours on our lease program. Individual results vary with hours driven, shift selection, weather, and seasonality. Not a guarantee of earnings. Ownership financing terms are set by third-party lenders; S&R Medallion does not provide loans directly.
For current drivers

Refer a driver. Earn $100.

If you introduce us to a new driver, ask them to give us your name and hack number when they register with our office. Once your referral completes their 30th shift on the road with us, the $100 cash is yours, no paperwork on your end.

  • 01Tell your friend to apply at srtaxi.com or stop by 625 W 51st
  • 02They give the receptionist your name + hack number as the referrer
  • 03They drive 30 shifts with us
  • 04We hand you $100 cash, in person, no waiting on a check

Two generations.
200+ medallions.
Same family on the phone.

Apply once. Drive this week.

Start your application
S&R Medallion Corp · 625 W 51st Street, New York, NY 10019 · Office hours Mon–Fri 9am–5pm