How much does a London bus really cost and why it’s more expensive than Ferraris
Most of us have a pretty good idea of how much it’s okay to pay for an old banger of a vehicle you might want to use to drive around, but few of us know the price of public transport that many of us take every day. .
The price of a new London bus has risen in recent years following a focus by Transport for London (TfL) on ordering more expensive zero-emission vehicles to improve the capital’s air quality.
Earlier this year, Mayor Sadiq Khan asked London bus operators to only order zero-emission vehicles (essentially electric and hydrogen buses).
READ MORE : TfL London Tube and bus fare increases scheduled for January will be pushed back
The move is part of its ambition to get the entire fleet zero emissions by 2034 (or 2030 if central government supports it), down from its original 2037 target.
It is important to note that there is no fixed standard price for a London bus as each operator buys their own buses (TfL does not usually buy buses directly) and they can be bought in batches where the manufacturer can offer a discount.
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However, typical vehicle prices include:
- Hydrogen fuel cell powered double decker bus: £545,000 (based on agreement for Line 7 buses)
- Double-decker electric bus: £400,000 (a hybrid was around £300,000 although it could no longer be bought)
- Single-decker electric bus: up to £340,000
Here are the current rates for used buses, prices decrease due to age, emissions standards and condition:
- Standard diesel double decker bus: a 2006 model currently costs £20-30,000
- Standard single-decker diesel bus: A 2006 model currently costs £8-10,000
There are several used bus dealerships where buses formerly used on the TfL London bus network are resold to bus companies in the UK and other left-hand drive countries.
They can also be resold to bus enthusiasts who wish to keep them. Sometimes buses can be purchased by individuals, businesses and charities hoping to convert them into unconventional vehicles such as houses.
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