Taxi medallion to "The Washington Post", medallions were "the best investment in America", but—due to increased competition from app-based car services and transportation network company growth from companies like Uber and Lyft—taxi medallions are now decreasing in price. In 2013, the price of a medallion was $625,000. In 2014, that price had risen to around $700,000. In 2014, a medallion was worth nearly $700,000. The total value of all medallions and assets related to them had a value of $2.5 billion in Chicago in 2013. In 2012, medallion prices ranged from $87,000 to $385,000. In 2015, Chicago's average medallion price was under
Car App Car App Car apps widen the spectrum of driver abilities. Third-party software for cars unlocks or provides the features which built-in car apps lack or block: data input while moving, traffic jams. Both Android and iOS offer software solutions to connect a smartphone with a car. CarPlay and Android Auto apps transmit the home screen of any Android or iOS smartphone to the car built-in display. Therefore, apps installed on the connected smartphone will become available on car screen. Sometimes car apps require additional hardware which plugs into the OBD port to record, collect and provide the data about engine