Can you own your own private train?

By the way, if you happen to be unfamiliar with the fact that there are people out there who own their own rail car, it turns out that there are plenty of them. There's even an American Association of Private Rail Car Owners (AAPRCO), through which you can charter your own rail car.



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In the United States, it is perfectly legal for a civilian to purchase and operate a train. This may surprise some, as trains are often associated with large corporations or the government.

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Private owners such as shippers and lessors account for about two-thirds of the cars operating on North American tracks, and maintenance obligations typically fall to them. Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies.

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As per an item in Robb Report, the newest status symbol is to do it like they did 100 years ago, and be rich enough to have your own private train car. Indeed, wealthy people yearning to embrace their inner Commodore Vanderbilts are discovering a new (but old) method of luxury travel.

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Across the Amtrak system, the full cost to operate a train tends to land in the range of $0.30 to $0.70 per passenger-mile, though that number is dependent on a lot of things, perhaps the most important being the number of passengers onboard.

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In contrast, a fairly standard train with four 90-seat Superliner-style bilevel cars (360 seats total) and a new locomotive would probably run $12 to $18 million, up to about $50,000 per seat.

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Amtrak provides the ability for rail/train car owners to have their privately-owned rail/train cars attached to our trains between specified locations to see North America in an extraordinary way.

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P lans for the Queen to be transferred from Balmoral to London on the Royal Train were axed over safety fears, it has been reported. One of the train carriages had been modified into a hearse with wide doors and a rotating table to carry the coffin.

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