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August 8, 1992
New York - Washington $5 Is Cheaper Fare Since 1952

Move over Delta, United and American. Another savage fare war is under way, driving down the price of a bus ride between Manhattan and Washington to $5.

Five dollars.

That is the lowest price on the route since 1952, when Truman was President and Greyhound charged $5.05 -- a sale price then, too. And it is less than the trip cost in 1939, when LaGuardia was Mayor and the bus ride down to Washington cost $5.50.

In a money-losing battle, the country's two-largest bus companies, Greyhound and Peter Pan Trailways, have knocked the price down three times in the last three weeks from its $25 starting point. Doesn't Cover the Costs