What are the key factors that really determines the value of a London taxi?

What are the key factors that really determines the value of a London taxi?

A London taxi expert has set out the key factors that define the value of a cab, based on years of experience in the trade. Writing in TAXI Newspaper, the expert shared the most common question asked by cab drivers: what makes a taxi more or less valuable?According to the expert, the first factor is an obvious one; age. A newer vehicle will generally hold more value than an older one. However, even among cabs registered just days apart, the regi…