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How Lucrative Is Taxi Driving Business? - Business (2) - Nairaland

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Re: How Lucrative Is Taxi Driving Business? by Nobody: 10:12pm On Jan 29, 2013
aduhube: Those knowledgeable in car brands should kindly help by making a list of good cars for the taxi business.

I would also like to know if getting a bus would be more economical than getting a taxi

Go for a bus. Better to start late when you have done a comprehensive business plan than rush and make mistakes.

2 Likes

Re: How Lucrative Is Taxi Driving Business? by Nobody: 10:17pm On Jan 29, 2013
BluStreak: I want to buy buses for hire-purchase. Desired route is Onitsha - Lagos or Abuja - Lagos. Payment is x2, that is if I buy d bus for 1million, prospective user will pay 2million. Duration is 12months after which the vehicle automatically becomes the driver's own. Bus type: Toyota Sienna 2000/2001 model.

Any advice in regards to this project will be welcomed. Also interested people can PM me.

Longer distances pay faster but i doubt you can get 2ce your investment in 12months. You can make that in 18months with a careful driver. Take your drivers on driving tests before you hand them your car keys. Am not an expert though.

1 Like

Re: How Lucrative Is Taxi Driving Business? by aAK1(m): 10:53pm On Jan 29, 2013
Pls how much will it coSt to get a tricycle?I am thinking of puting it on the road.
Re: How Lucrative Is Taxi Driving Business? by Nobody: 11:19pm On Jan 29, 2013
a.A.K:
Pls how much will it coSt to get a tricycle?I am thinking of puting it on the road.

350k
Re: How Lucrative Is Taxi Driving Business? by ojjp: 10:05am On Jan 30, 2013
I sincerely appreciate ur contributions both in facts n opinions. With this, one can take off frm here.
Re: How Lucrative Is Taxi Driving Business? by Nobody: 11:39am On Jan 30, 2013
Pls am a driver, i want someone to get me a bus for transportation, i love lagos to ijebu-ode, ilorin, ogbomosho, ago-iwoye, etc. Am ready for any agreement dat will not be of the benefits of d owner only. Pls if u are interested in this, pls call me. 08170653661.
Re: How Lucrative Is Taxi Driving Business? by May22nd(m): 1:38pm On Jan 30, 2013
By using a 14 seater bus, what is the minimum income one can get per day? I stay at Egbeda, Lagos.
Re: How Lucrative Is Taxi Driving Business? by May22nd(m): 1:42pm On Jan 30, 2013
By using a 14 seater bus, what is the minimum income one can get per day? I stay at Egbeda, Lagos.
Re: How Lucrative Is Taxi Driving Business? by sonety2k(m): 2:21pm On Jan 30, 2013
If you need to buy any type of TOKUNBO VAN/BUS , 14 SEATER BUS TOYOTA / NISSAN CARAVAN OR SEINNA BUS , kindly get in touch

Regard

SONET AUTO
Email - sonetauto@yahoo.com
Re: How Lucrative Is Taxi Driving Business? by Chinom(m): 4:36pm On Jan 30, 2013
BluStreak: I want to buy buses for hire-purchase. Desired route is Onitsha - Lagos or Abuja - Lagos. Payment is x2, that is if I buy d bus for 1million, prospective user will pay 2million. Duration is 12months after which the vehicle automatically becomes the driver's own. Bus type: Toyota Sienna 2000/2001 model.

Any advice in regards to this project will be welcomed. Also interested people can PM me.

If you buy the bus for N1m, you wil get N1,5m tops. Not N2m.
Re: How Lucrative Is Taxi Driving Business? by Nobody: 5:25pm On Jan 30, 2013
Am interested for this if i can see any body dat can buy it for me.
Re: How Lucrative Is Taxi Driving Business? by niyeee: 12:01pm On Feb 07, 2013
Can someone talk abt maintenance of a taxi?
How many times a month should it be done and some other tips to prolong d life spam of d vehicle.
Re: How Lucrative Is Taxi Driving Business? by niyeee: 12:06pm On Feb 07, 2013
okpara ugo:

Go for a bus. Better to start late when you have done a comprehensive business plan than rush and make mistakes.
If he cant afford to buy a bus, taxi is also good
Re: How Lucrative Is Taxi Driving Business? by ruggedcuzz: 12:16pm On Feb 07, 2013
niyeee: Can someone talk abt maintenance of a taxi?
How many times a month should it be done and some other tips to prolong d life spam of d vehicle.
Yeah, really important
Re: How Lucrative Is Taxi Driving Business? by aduhube: 6:48am On Dec 16, 2013
this business is good
Re: How Lucrative Is Taxi Driving Business? by Leslexx: 1:09pm On Dec 22, 2013
I have 2 Toyota Corollas I will like to give to the right driver for Taxi purpose in Lagos. Please contact me if you are a good driver ready to work
Re: How Lucrative Is Taxi Driving Business? by jidowu84: 4:26pm On Dec 22, 2013
buJu-234:
first question: WHERE ARE U BASED? if its Lagos gud

so if u re based in lagos; i think getting a bus and staying in d flow of traffic will b best for u.

Just imagine u re @ Oshodi; Egbeda; Mile 2; Iyana-Iba etc as early as 5-6am; u will get a full load to the Island

Then later; during closing time; u re @ Ajose round about; Eko-Hotel; CMS; Obalende etc... u will still a full load back to the main land.

depending on the type of bus; @ least u will get 200 naira per person.

as for me transportation is a gud business if u re d driver. but buying a bus or Taxi to someone to balance u....

dat one dey get wahala most times ooo
well; you are partly right.but staying in those traffics is not easy that is why those drivers faces looks so rough cos d of heat they face each day. besides , doing transport biz isn't as easy as most ppl think in lagos dis days. the govt policies are affecting everybody . but then, if u buy good tokunbo car for taxi biz its ok to give out to a fair or averagely good person base on ur assesment. but i dont advice "BUS" cos its like more eyes are on them(bus). finally , i advice not to buy Nigerian used car to give out for taxi biz cos it will turn d person to a bad driver even if he's a good one. unless you can drive it urself and face the itches. my candid and practical opinion doh.

2 Likes

Re: How Lucrative Is Taxi Driving Business? by Nobody: 11:26am On Nov 18, 2014
Reliable Mazda 626 Available For 150k In Abuja. Useable For Taxi Service Etc
https://www.nairaland.com/1999659/reliable-mazda-626-available-150k
Re: How Lucrative Is Taxi Driving Business? by EnterPRO: 10:31am On Dec 07, 2014
BluStreak:
I want to buy buses for hire-purchase. Desired route is Onitsha - Lagos or Abuja - Lagos. Payment is x2, that is if I buy d bus for 1million, prospective user will pay 2million. Duration is 12months after which the vehicle automatically becomes the driver's own. Bus type: Toyota Sienna 2000/2001 model.

Any advice in regards to this project will be welcomed. Also interested people can PM me.

how did it go?
Re: How Lucrative Is Taxi Driving Business? by ultrazone(m): 9:53pm On Jan 13, 2016
mmm
Re: How Lucrative Is Taxi Driving Business? by OlaRolls(m): 3:12pm On Apr 03, 2016
Talking of branded car
Fuel economy cars are best advised cars to use for this kinda business.
Am into the business, it's smt I just venture into as a result of employment situation of our country.
I use Golf3 and it's very good in fuel saving and easy to maintain.
Other transporters I know use Nissan Almera, without it's also economy.
Wish u all the best...
Re: How Lucrative Is Taxi Driving Business? by dodtaxicab: 3:55pm On Apr 03, 2016
ojjp:
He needs a daily income flow business and someone has suggested a transport busines to him with taxi. Pls does any one know details of how this business is bein run? Whether town services, town-rural or campus route, which one and how can one make some money doing it pls?

Taxi business is very lucrative. If you want to make just some side income to support, you can give your car to a driver. But if you are looking to doing it as a business with maximum profit margin, make sure to involve one who is already in the line. There is a clause to its profitability, how long that clause lapse depends on you.
Re: How Lucrative Is Taxi Driving Business? by dodtaxicab: 3:58pm On Apr 03, 2016
jidowu84:

well; you are partly right.but staying in those traffics is not easy that is why those drivers faces looks so rough cos d of heat they face each day. besides , doing transport biz isn't as easy as most ppl think in lagos dis days. the govt policies are affecting everybody . but then, if u buy good tokunbo car for taxi biz its ok to give out to a fair or averagely good person base on ur assesment. but i dont advice "BUS" cos its like more eyes are on them(bus). finally , i advice not to buy Nigerian used car to give out for taxi biz cos it will turn d person to a bad driver even if he's a good one. unless you can drive it urself and face the itches. my candid and practical opinion doh.

correct talk.
Re: How Lucrative Is Taxi Driving Business? by dodtaxicab: 4:01pm On Apr 03, 2016
onatisi:

you are more than correct my brother,i was driving mine is ibadan shuttling btw mokola and challenge from 7am till 10am and yet nothing to show for it all proceeds was going into car maintenance and garrage boys .but lets not discourage those or anybody that wants to do it .luck differs


lolssssssss. i just kept laughn. Well, i understand your plight. Ibadan is a diffrent case on its own but there is a way out if you are interested.
Re: How Lucrative Is Taxi Driving Business? by jellea(m): 4:13pm On Aug 30, 2016
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Re: How Lucrative Is Taxi Driving Business? by Lovelynature(m): 1:25pm On Oct 18, 2016
OlaRolls:
Talking of branded car
Fuel economy cars are best advised cars to use for this kinda business.
Am into the business, it's smt I just venture into as a result of employment situation of our country.
I use Golf3 and it's very good in fuel saving and easy to maintain.
Other transporters I know use Nissan Almera, without it's also economy.
Wish u all the best...
How good is the business so far bro?
Re: How Lucrative Is Taxi Driving Business? by payne4real(m): 12:38pm On Oct 24, 2016
Op which areas is begging for cab/ taxi? I have a manual corolla 2008, I want to start cab/ taxi business, I stay around Isheri / Igando Express.
Orikinla:
Taxi cab business is one of the most lucrative private businesses in Nigeria if you do your feasibility without trying to get rich quick by sharp practices.

Do you know that with only N250, 000, you can get a brand new car from the private taxi scheme of a bank and start your taxi cab business?
You have to make daily returns of N4, 000 to the bank until you have paid up the cost of the car and then it would be yours permanently.

You can make up N10, 000 daily from one taxi cab.
But you must know the most profitable routes in Lagos.
There are locations you will make N10, 000 daily from one cab without even moving out of the location.
There are areas begging for taxi cabs in Lagos, but most taxi cab drivers are ignorant of these places and concentrate on overcrowded areas like Surulere, Ikoyi, Obalende and Victoria Island.
Re: How Lucrative Is Taxi Driving Business? by ejire042(m): 12:59pm On Oct 24, 2016
Na wah o. I have gone through all the replies and suggestions and I just said to myself, who is still doing Taxi business now?

Taxi men are now compalining here in in Lagos

Uber has taken over taxi business.

My twin brother who is a Pharmacist is also driving his car on UBER. He making more money than he tought.

Let me just tell you the major difference between UBER and all other normal taxi services
The major difference is that UBER gets you customers. You don't have to drive all round Lagos before someone will wave you before you get a client. You get your customers from the Uber app on your phone and you don't have to waste fuel looking for faceless customers all around.

If you want to make money on uber. Buy your car and be the driver. You will marvel at the amount you will be making in a month.

Call me make I refer you to my twin. He like to help those that whats to come in. You are not paying any money o.

08028503973

1 Like

Re: How Lucrative Is Taxi Driving Business? by OlaRolls(m): 2:10am On Nov 01, 2016
Lovelynature:
How good is the business so far bro?
My broda table don turn o, if u r a fresher in this economy pressure it will be frustrating. But if u wana enter jus make sure u get a marketable route and enter tru nurtw.

1 Like

Re: How Lucrative Is Taxi Driving Business? by mrsage(m): 8:19am On Nov 01, 2016
I'm into the business and I can say for a fact that uber is now the market leader.

They have several customers and they are doing well.

Also don't follow the band wagon and enter into the business with the old mentality. A lot of changes are happening now in the business and only those who understand trends will survive.

Uber itself is a trend setter.

New trends in the market :

1. Lower fares
2. More use of technology especially phones
3. The type of cars used for business is also important. Cars are more recent and you need to be careful.
4. Customers now demand for better service delivery.
5. Unbranded cabs stand a better chance

Wish you luck
Re: How Lucrative Is Taxi Driving Business? by Huskyfrancis(m): 5:42pm On Nov 22, 2016
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Re: How Lucrative Is Taxi Driving Business? by hussein1586: 5:25pm On Nov 23, 2016
Use this code to get free ride:
[size=24pt]husseinh1055ue[/size]
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