Ever notice that some buses appear to be well worn.
The nation’s regulating agency says that after seven years, a bus is paid off fully, but the vehicle may remain in service for 15 more years. And after that it can still be used for what is called transporte especial.
That is why the Autoridad Reguladora de los Servicios Públicos is considering making some changes. The age and value of buses enters into computations of bus fares.
Some consideration is being given to accelerated depreciation schedules that will spread the value of a bus out over more years. This was one of the topics discussed at a forum the agency held at the Colegio de Profesionales en Ciencias Económicas in Mercedes de Montes de Oca.