Texas Tollway Costs May Take a Toll on Driver Pockets
The latest controversy among residents of the lone-star state is on development plans for another Texas tollway, which is said to run along the Trinity River. Commuters across the state may find their wallets pressed, as currently there is no existing revenue plan to fund this venture.
To address the potential cost of the toll road — both in funding the construction and future use by Texas residents — turning to alternative ways to save on transportation like refinancing Texas auto loans is a smart route to take.
According to CBS DFW, the project is expected to cost approximately $1.4 billion, which will likely be supported by public and private dollars.
Texas Tollway Congestion Eased at Drivers’ Expense
After 20 years of continued debate, talks of building a Texas tollway near the levies of the Trinity River have sparked back and forth arguments between supporters and opponents of the project.
Mayor Mike Rawlings expressed his support and optimism regarding the success of the tollway. He stated that the state “must stop talking and get it done now” in order to connect northern and southern Dallas communities.
The Texas tollway is primarily expected to reduce congestion on dominant highways by 25 percent, which some advocates justify is well-worth the effort and expense.
Residents Can Start Saving Now with Texas Auto Loans
While meetings regarding how the tollway will be funded will resume into the summer months, with a final decision being presented by January 2013, Texas residents should start considering Texas auto loans as an avenue for savings.
Since funding for the multi-billion dollar project is still unclear, preparing for higher state fees and taxes can be anticipated by refinancing or seeking out low Texas credit union auto loans as a way to keep transportation costs level in the midst of this statewide endeavor.
With local gas prices continuing their trek upward and the possibility of another transportation expense at the hands of Texas drivers, cutting commuting costs is the next viable course of action.