Esseite:
Note:

- The car depreciates every day
- An accident may knock you out totally, insurance at 80k/year may take 4 - 5mths for cheque, that increase your recovery timeframe by 1 year with no income.
- Repairs sets you several weeks back.
- The cost of parts on the car has increased due to demand.
- change of driver cause you 1 week income if any or more till you get another while your recovery period keep extending and car depreciates.
- The market is saturated and income is not pegged anymore, you might be forced to open a debt book for drivers because you need them more they need you.
- possibility of retrieving your capital before uber threshold on car years requirement is very slim talk more of interest, vehicles further away from the least threshold is more expensive, parts more expensive, insurance more expensive and repairs more expensive. PLS DO UBER OR TAXIFY OR ANY OF ITS SORT EXIST IN PHC AND ENUGU?
- With the Nigerian economy, riders are getting slimmer and fare prices forced to crash with promos abound.
- wreckage of vehicles are very likely that even a higher purchase may leave you at a loss after series of default.
- second hand value has dropped because most are recycled taxis even if it's under 1 year.
- it's a full time job, be ready for calls of breakdowns or issues which might consume 1,2,3,4 or more weeks of income..


It's not easy anywhere though..... Goodluck.

INDUSTRIALFAN:
never give your car to someone else. They'll never take care of it as best as you would. Better drive on your own.

andycoal40:


from my research so far sir,it looks like the future of uber/taxify is diminishing each day. Why not try one of the thriving and booming business in sports betting sir?

StrikeBack:
I understand you but it's what I'm into and I need more funds to move forward

elizabethg:

Can one start with 500k..
3m is kinda huge for a business one just wants to venture into

StrikeBack:
yes one can start with 500k Check your mail

StrikeBack:
yes one can start with 500k Check your mail

eyinola:
betting shop dey every corner for lagos ooooo

dollarathe:


where are you ....cos it seems in d whole of Lagos , there is no space again for betshop @least with bet9ja....kindly respond on how u can help. thanks

generationz:


what Bout other I phones and laptops?

andycoal40:

not every sir..there's a difference between bet9ja,betking,winners golden bet etc..trust me,u probably have just bet9ja in ur area.. u cm venture into betking

aaronson:
please don't do this for your own good.

Blamelesscompas:


Please are you on whatsapp please mesaage me 08033732597

Ive some questions to ask about honey business

eyinola:
Can u tell me more.. Am interested

Williams004:
Hello everyone. I'm a new bie here. I'm looking to start the business as a side hustle cuz I'm a low income earner. I've saved up a little 500k and hoping to get a Nigerian used car. Pls which car will you advice I go for?

I wanted to try KIA Rio but I was seriously discouraged. I am also thinking of Toyota Camry the pencil light version but people are saying its expensive to maintain.

I really need your advice guys.

God bless us all. Thanks

rahazaqa:
Hello everyone, i have some money and i think i could invest in this Uber/Taxify stuff, i still have enough money to get a new or neatly used Toyotal corrolla 2003- 2006. I want to know how this works. I am not planning to drive it myself, i am planning on giving it out to someone who will be bringing me money every week. I heard i could be receiving 25k to 35k per week(I don't know how true is this) depending on the agreement with the driver. Secondly, what is not clear to me is the maintenance, who will be responsible when the car is faulty? Also, these days, it looks like more people are trooping into this stuff, i want to ask if it is still booming? Is it a good idea to go into this at this time when Uber and Taxify are everywhere? Thanks as i await your responses.



CC: pope191 izzou GidiWoodsMan XGhost dru23 GazzuzzAutos jesusson2020 Stealth100 Tyche IfoyinTEDO Cooladex Xneg franksam2009 Oluwabengz y jesusson2020 jpworld Darksider131 deedee44 y Gentlelife50 Mjosh1000 knowyeknot

andycoal40 post=78y614957:


Still interested sir?

eyinola:
yes