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Nice concept. I am into car hire business in Lagos. Words of advice.

Watchout for the problems associated with honda baby boy.
1. Gear box. Solution always use recommended gear oil and change regularly.
2. Tyre pull out. I'm sure you must have niticed this. Any of the front tyres may suddenly pull out in motion it is common with honda cars. Solution check your suspension parts regularly and replace ball joints every 4 months.
3. Honda cars are good but you may consider a toyota corolla or camry for car hire.

Be careful with second hand naija used cars. They give a lot of problems. I have experienced this before.
Repayment period: car hire is profitable and can guarantee steady cash flow but if you are new and you drive an unbranded car it may take some time to build a strong customer base. When the customers know you then you can smile.

Then please have a marketing strategy dint sit in a taxi park and expect customers to jump at you. Be smart.

Then before i forget. Make sure your car has a good air conditioning system.

mrsage:
Nice concept. I am into car hire business in Lagos. Words of advice.

Watchout for the problems associated with honda baby boy.
1. Gear box. Solution always use recommended gear oil and change regularly.
2. Tyre pull out. I'm sure you must have niticed this. Any of the front tyres may suddenly pull out in motion it is common with honda cars. Solution check your suspension parts regularly and replace ball joints every 4 months.
3. Honda cars are good but you may consider a toyota corolla or camry for car hire.

Be careful with second hand naija used cars. They give a lot of problems. I have experienced this before.
Repayment period: car hire is profitable and can guarantee steady cash flow but if you are new and you drive an unbranded car it may take some time to build a strong customer base. When the customers know you then you can smile.

Then please have a marketing strategy dint sit in a taxi park and expect customers to jump at you. Be smart.

Then before i forget. Make sure your car has a good air conditioning system.

Thanks a lot for this comment...I will look into all you have said. About marketing, I am an online marketing/advertising guy, so I already knew I would have that area covered. About car to use...I was considering the 95 camry(Orobo), but I think babyboy looks more prestigious. What is your opinion on this?

95 camry is good but too old in my opinion. Go for 99 to 2001 camry. With your budget im sure you will get this model.
Wish you luck

mrsage:
95 camry is good but too old in my opinion. Go for 99 to 2001 camry. With your budget im sure you will get this model.
Wish you luck

Okay. Thanks.