Friday, August 18, 2006

How far will a dollar take you?

How about a round trip bus ride from Detriot to Minneapolis and back for only $5?

How far will a dollar take you?
A bus company in the Midwest has landed on a formula for success by charging as little as $1 a seat between Chicago and Minneapolis. But do you get what you pay for? Diantha Parker reports.

Fifty bucks is pretty good. But Hughes knows he could have done better:

HUGHES: I booked about two weeks in advance. I know a couple of my buddies from school booked about three or four weeks in advance and got $1 trips. So their entire round-trip from Detroit to Minneapolis cost $5.

That includes a 50-cent booking fee. Word of mouth has attracted about 100,000 passengers to Megabus so far. The British-based company keeps prices low by selling tickets online. That means no ticket windows, fewer employees, and no boarding passes. The bus driver just checks a list for your reservation number.

Their website is

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