BAZ001:
So dragging can make digital marketer that is still begging for rental car up and Dan the thread to do by force give away

Hmmm this thread can do wonders

But how this John Chris people dey always know say give away dey ?

Kaymaxi2222:
but what the owner made is not enough to compensate for the depreciation the driver inflicted on the car ..... that's a big L for the owner

Doris4ever:


Thank God you said for 6 months no issues. Both owner and driver were happy because car was not giving issue for those 6 months.
That's my own argument.
Drivers that abuse cars depends on individual mentality.

jpworld:


I never say driver will die, I am only suggesting the right people that will sow a seed in ur life,

Kaymaxi2222:
and you refuse to comment on how the driver use the car to the extent that he no longer go home and was hustling 24/7 just to raise money for himself......100k ajo while he was paying 25k to tje owner haba

Doris4ever:


Well, I deliberately didn't comment on that because no way I can verify your claim about that. It may be true as you said it or may not.

But I like talking about things I can verify and based on my personal experience in this ehailing business.

Kaymaxi2222:
but what the owner made is not enough to compensate for the depreciation the driver inflicted on the car ..... that's a big L for the owner

Kaymaxi2222:
best thing is pick a car use it for 1 week if it is good then take it on HP case close if you now like abuse it the owners money must complete that's the koko

Johnchrix:
Lols You funny oo. Run me 100$ make I start business na man you be..normally the real king makers na felicity & yeyeGbami and a few others. You & Operabrower na noise maker normally. For perl1910 make i no talk..

Kaymaxi2222:
but you can verify the others you commented on right ....see eh no need to argue about that na Wetin I myself know say driver dey do you go see them for Chevron driver and mobile filling station at night then even get club for there for drivers

Doris4ever:


You painted a generalized scenario of bad drivers. But I tell you not all drivers are bad as been portrayed here.

On this thread we have seen drivers go through HP deal and completed payment.

Same with rental, there are drivers paying weekly without default and maintaining the car.

So it all depends on individual.

Doris4ever:


Owners should drive the cars themselves, cased closed. Everybody is happy.

jpworld:


Is not about been bad, if you are asking me to release my car for 25k and you are doing ajo of 100k weekly, you are only exploting the situation, because I know nothing about the business.

That APC Emilokan guy, called me then, canvassing me to release my car to him for 40k, that I should be rest assured, my car is in good hands, bla bla bla, I told him to visit LASG car, that I am not interested. If I don't know much about the business, I will gladly release the car for 40k, but at the end of 6months when wear and tear comes then you will know it was a stupid decision.

jpworld:


Is not about been bad, if you are asking me to release my car for 25k and you are doing ajo of 100k weekly, you are only exploting the situation, because I know nothing about the business.

That APC Emilokan guy, called me then, canvassing me to release my car to him for 40k, that I should be rest assured, my car is in good hands, bla bla bla, I told him to visit LASG car, that I am not interested. If I don't know much about the business, I will gladly release the car for 40k, but at the end of 6months when wear and tear comes then you will know it was a stupid decision.

Johnchrix :
Lols You funny oo. Run me 100$ make I start business na man you be..normally the real king makers na felicity & yeyeGbami and a few others. You & Operabrower na noise maker normally. For perl1910 make i no talk..

BAZ001:


John Chris my guy
I know say you go still come tell us as e dey go
So LASEPA digital marketer give away na audio give away ?
Like father like son,
APC blood flows in his body… lie lie and deceit
He still get mind to ask for two more accounts

jpworld:


Is not about been bad, if you are asking me to release my car for 25k and you are doing ajo of 100k weekly, you are only exploting the situation, because I know nothing about the business.

That APC Emilokan guy, called me then, canvassing me to release my car to him for 40k, that I should be rest assured, my car is in good hands, bla bla bla, I told him to visit LASG car, that I am not interested. If I don't know much about the business, I will gladly release the car for 40k, but at the end of 6months when wear and tear comes then you will know it was a stupid decision.

BAZ001:


Trust me it won’t get up to 6 months, in 2 weeks he would have wrecked your car just the way he destroyed his former partners car.
Instead of him to calm down and learn mba
Na over sabi dry kee am dey go
He’s been trying to deny it asking for phone no. typical of APC.

E good as you no give am your car

jpworld:


That 25k week, is 100k a month. So in 6months, he collected 600k.

To paint that car to standard, it will cost 150k panel beta will collect at least 30k. Just for body 180k gone. So remaining 420, he might need to overhaul the legs, one side of shock absorber is 20k if you are now changing hub it will cost you one side 50k, the 4tires must be gone each tire is 10/12k. At the end of everything you are putting back close to 400 to 500k to put back the car in good shape.

If he damage the car way more than, your family and friends will come to your rescue.

Pearl1910:


Negligence on the part of partner is not reason to conclude the business is no longer profitable for rentals.
Car owner must interview drivers properly and do due diligence before hiring.
After hiring, continuous monitoring, inspection and tracking of your investment is very important. Anybody that puts his investment worth millions in the hands of a third-party without following up for its progress shouldn't blame the system or the govt but himself if something goes wrong
So if any partner waits for 6 months to discover his driver has damaged his car to d tune of half a million then he isn't wise. He should blame himself and no one else.
I don't bring sentiments into my business, I hire hard and fire easily. Immediately ur down payment is depleted and u arent ready to top up I am collecting my car. Before u damage the car beyond what ur down payment cannot cover.

jpworld:


Anybody renting out his car at the moment, will go bankrupt, there is no 2 ways about it.

I am well experience in this business.

I only release some of my cars to couple of drivers on certain conditions. The ones I know and they live within my area. You can only drive 3days in a week. Thursday,Friday, Saturday or Friday, Saturday, Sunday.

Sharing formula, I take all 2days earning, (and there is a minimum you will earn) and you take 1day. Once you close work you park my car and it will rest for another 4days.

Close monitoring, no room for nonsense.

When you face tough economy, you take tough decisions.

Pearl1910:


Negligence on the part of partner is not reason to conclude the business is no longer profitable for rentals.
Car owner must interview drivers properly and do due diligence before hiring.
After hiring, continuous monitoring, inspection and tracking of your investment is very important. Anybody that puts his investment worth millions in the hands of a third-party without following up for its progress shouldn't blame the system or the govt but himself if something goes wrong
So if any partner waits for 6 months to discover his driver has damaged his car to d tune of half a million then he isn't wise. He should blame himself and no one else.
I don't bring sentiments into my business, I hire hard and fire easily. Immediately ur down payment is depleted and u arent ready to top up I am collecting my car. Before u damage the car beyond what ur down payment cannot cover.

Doris4ever:


Bro, what I know is. If a driver don't see car to drive. He won't die na. At least he has been living before ehailing came onboard.
Abi.

Doris4ever:


I like reading from you as an experienced investor. The fact that owner could not monitor his car and a driver recklessly damaged it. Should not translate to a general norm that all drivers are reckless.
Same business people are failing to make profit, there are others making huge profits from that same business.

Kaymaxi2222:
you are saying this because you know about the hustle the guy was a innocent investor who heard Uber bolt pays and he invested....he didn't know all the intricacies that surrounds it .what he heard was Uber bolt is a good side hustle

dapotemi:
The day you guys propagated on this thread that DRIVERS are supposed to earn more than OWNERS is d day that you gave drivers the freedom to do and undo...Just myself and maybe one or two owners here disagree.. Unfortunately, some partners also supported that nonsense...Corolla was just about 2 million then and a partner will drop that then earn lesser than someone they claim he's bringing his sweat!
Now Corolla don enter 7 million, even badly used naija one sef na 3M upward. Funny thing is those that supported that shit are now complaining...I will only advise that you diversify as quickly as possible...I have just one car on d platform, and to be honest it's not really worth it...Is there profit, yes if you're in it 100%, but I love making comparison and I think profit is relative, I won't be chasing driver, rasing my voice, visiting police station, begging madam to talk to her lastma boys for me because someone wants to deliver 160k in a month; that is if d money complete o...Relatively, the input is deeper, d wahala plenty no be here unless perhaps you're just cut out for it..

Djdamian:


Pearl isn't just an investor; he is fully involved in the business. You can't expect someone deeply engaged in their daily work to devote 100% focus to an investment they consider passive income. It's not that easy.

Sometimes, a driver may dislike the owner constantly monitoring the vehicle, asking for updates, or limiting its use. In such cases, the driver might see the owner as overly intrusive, stalker or wicked.

On the other hand, if the owner gives the driver full autonomy, trusting them to run the business smoothly, the driver often takes advantage of the situation.

The reality is that a driver on rentals will never care for the vehicle as the owner would want. This isn't entirely the driver's fault. Knowing the vehicle isn't theirs often leads to a lack of care and a more casual attitude. Drivers tend to exploit the situation, make money from the current rental deal, and then move on to the next opportunity.

The best business model for this e-hailing business is hire purchase.

Pearl1910:


Hmmm... That argument is neither here nor there. What I know is nobody will rent ur property if it will not be profitable for them. Decorators rent equipment for maybe 100k and use it to make 500k, u rent ladder of 1k and use it to make 50k. So car owner cannot earn more than driver as long as driver does all the work. No driver will make 100k a week and give owner a bigger share just because its owners car, that relationship will not last. U as d owner can tell driver "we will share repairs 50/50" because what u are giving me is far lower than what u are making. Afteral if the car isn't sound u will not have the opportunity to make that much.
The business has changed but investors fail to adapt to d new changes reason why they are losing out.

When Uber came to Nigeria in around 2014 car requirement was high; 2008 and above. (Imagine if today the minimum car that can enter Uber/Bolt is a 2015/2018 car) The deal was 20-25% of Net profit goes to driver after he has met his target then u pay extra bonus of 5k to him if he surpasses his target by 20k or thereabout. The rest is for the partner. Target was between 80k to 120k depending on Partner. Remember Net is after commission, fuel, airtime, parking and tolls etc. As a partner u can see all the earnings each of your driver is making and Uber paid weekly payments to the Partner at the time. So no cheating.
Later Uber introduced cash payments, so driver will collect some cash and partner will balance him at the end of the week or driver will remit excess to Partner as the case may be. Partner did all the repairs because he was virtually paying driver for working just like a regular company driver.
As the years passed drivers began to work offline and make extra for themselves while Partner will only depend on online trips which were getting lower and lower. Because drivers where shortchanging Partners, then came a flat rate of 45k - 50k known as rentals. Partners were like... u know what, do what u like with the car but deliver my 50k to me at the end of the week. Because that was the average Partners share when partners where getting 75% of Net. Then Bolt came into d picture and crashed the prices, and rentals came down to as low as 20k-25k. Although it was still good because the car requirement also dropped and u could put a car on the platform with less than 1m.
Today the story is totally different; now, drivers must contribute to the repairs of the car and delivery must be commensurate to d value of the car. It is not advisable to put a toks corolla on the platform again because of the cost. If u have it already, u can continue with a higher rental fee or if your driver is a careful and reasonable person, if not sell it and buy two other small cars. Corolla is expensive to maintain now, only hub is 50k. And it doesn't last.
So as a partner u have to devise reasonable means to stay afloat. Keep adapting and keep innovating, if not u will lose out.

BestTrades:


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For comprehensive vehicle history report .

https://verifyithq.com/services/vehicle-history-reports/

For Retrieval Of Lost Custom Duty....

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For Custom Duty Verification .. .
.
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,

Pearl1910:


Do u have 100k security deposit?
Corolla is available.