How to spend $1,000,000 on a Bixi

The new Bixi bicycle rental program website is up and running in anticipation of the spring 2009 launch.

The rental rates are posted, and have caused much controversy, because they start off cheap, and then they get expensive fast!

How expensive? How fast?

To rent a bike for 13 days (say, you forgot to return it, and forgot and forgot some more!) would cost you $1,000 dollars.

But the big question is how long until it would cost you one million dollars. So we did the math, and it is 38 years.

We, as always, suggest that if you need a bike downtown during the day, you buy a bike and leave it downtown.