If you get an illegal taxi, you could be in for a shock. Just make sure you take an official taxi – they’re cheaper too. You can spot legal taxis in Budapest by looking out for the conspicuous looking taxi sign on the roof. They should also have yellow plates and a meter in the cab where you can see it.
Tariffs are displayed on the rear door and dashboard and the fare is made up of three elements: a basic charge for getting in, a per kilometre charge, and a waiting charge. You can of course save yourself the waiting charge by being prompt.
If your hotel orders you a taxi from a large company, it should work out cheaper. It’s customary to tip 10%.