lekanlaniyan:
It took me 1 month + to read through all the messages. It was worthwhile. I appreciate everybody's comments and words
of encouragement and wisdom. I will be driving my car as a part-time Uber-partner. Thanks and God bless you all.

timifakay:


Not even for engine service.
Tyre pump, change or rotation.

axamansard:


Uber accepts third-party insurance, but why put your car on the road knowing it is not covered, buy insurance and get peace of mind in return.

CITMFB:

Pls note, Uber doesn't accept third party insurance, Only comprehensive insurance is acceptable.

Romeo3:
Uber accepts 3rd party insurance.

CITMFB:

Oh really,....wow! maybe it's cos am yet to see any Uber ride with 3rd party insurance . Noted.

Romeo3:
I even registered a car on uber last Friday with 3rd party.

CITMFB:

If I may ask... Why 3rd party? Pls get comprehensive insurance and protect your asset. Don't allow an unexpected occurrence get you out of business temporarily or permanently. Speaking from an informed position.

Harbewilliams:
Uber is one business that is worth investing in if you’d like to earn ₦130,000 monthly on a ₦1,700,000 investment. The 2 most important factors to succeed in the business are getting a practical car that is in good working condition. As well as getting a good and trustworthy driver.

E-hailing companies accepts 2003 and above four door cars. However, buying a 2003-2006 model is better so the car can repay itself on time whilst having a life span of 3 to 4 years on the platform before they yank if off.

When choosing the most practical car to use, you have to consider the following factors: Purchase cost, fuel economy, good air conditioner, reliability, maintenance cost, life span, resale value etc..

Despite how lucrative the business is, I noticed several cars have been pulling out of the Uber business due to accidents, reliability issues, fuel consumption especially vehicles with 6 cylinder engines etc.

I want to talk about investment and return on investment (ROI) in the context of E-hailing business (uber, taxify, oga taxi)
So I was researching fixed deposit rates, not to invest but to get a comparison between that and an investment in Uber.

The best rate I was able to get was 3% on a 30 day fix, that is, if you left your money with the bank for 30 days, they would give you an appreciation on your capital of 3%. So I though, let's choose a nominal figure for the sake of this post, a figure of say #1,500,000.

If you fix #1,500,000 naira on a percentage of 3%, at the end of the term, you make a profit (or interest) of 50,000 naira. A whooping sum of #12,500 per week. I believe there is also a service charge, though negligible, it will affect your bottom line.

Now let us look at an equivalent investment on Uber,
Now that e-hailing companies is accepting year 2003 cars and newer.
Let's say you invest in Uber with #1,500,000.
You are guaranteed returns of #130,000 per month
, #32,500 per week.












From my layman calculation that is about 8% compared to fixed deposits' 3%.

Quite a difference when the capital we speak of is #1,500,000 .

Now, I think you may speak of risk. Fixed deposits are essentially risk free, while Uber carries certain risks; accident, theft, fire etc., but that is where insurance comes in. For about #50,000 naira you can negate all risks, for up to 1 year. Over the course of a year, that is 4000 every month. Risk averted.
If we were to deduct interest from risk premium (insurance) we get a profit of 116,000 per month, still much higher than fixed deposit.

One legitimate concern of course is, what happens to mechanic costs when you have to fix the car (this is a variable and highly dependent on other factors, also it is unpredictable so I won't calculate that here), if you get a good vehicle, you don't have to worry about mechanic costs, I have been driving my car on Uber for 3 months and haven't had cause to visit a mechanic, so it's been all profit for me.

So how do you get a good car? Leave that to us, we can help you source for well-maintained vehicles from reputable car dealerships.
As fleet managers, we can help you purchase sound vehicles for your investment.

It is worthy to mention that no investment vehicle (no pun intended) is devoid of risk, fixed deposits are affected by inflation while Uber vehicles are affected by depreciation.

I think any investment that out performs the local fixed deposit rates is a good investment. Think about it.

Invest in Uber today.
contact us today
fleetdrive2016@gmail.com
07016682929 (whatsapp)

Daveonoja:
I think I should just take today off....I practically travelled tru the night...surely this can't be beaten

Daveonoja:
This is an offline /online trip. No be luck ooo na...sense

Monsur1:
�������
RALLY! RALLY! RALLY!

To all driver partners.

The Coalition of e-Hailing stakeholders, a body comprising of group Admins and leaders amongst the driver partner community will be having a rally at the �TAXIFY office on MONDAY the 5th of FEBRUARY 2018, by 10am.�

This has become necessary to create enlightenment to all driver partners on the continued degrading treatment of driver partners by TAXIFY.

Our rights are being trampled on every day.

Each time we complain, TAXIFY totally disregards our contributions.

Various driver partners have written to TAXIFY on the various issues in the past and recently.

1⃣Rider verification
2⃣Destinatination pre notification.
3⃣Indiscrimante blocking and suspension
4⃣Dissapering bonuses
5⃣Unguaranteed Cash trip payments
6⃣Rider assault and robbery.
7⃣Irregular App activity.
8⃣Threat from staffers of TAXIFY.
9⃣Non indemnity on work related activities.
�Malignant, discriminatory and vindictive accusation and judgment of driver partners.

And so much more.

On all of these issues, TAXIFY has continued to turn a deaf ear.

Now is the time to stand up for our right.

TAXIFY once again claims to want to hold a roundtable event with driver partners.

Of the over 7000 drivers registered to their platform.
They created reservation opportunities for only 350 persons.

This is none other than the height of deception, discrimination and a carefully orchestrated plan to divert the present narrative on driver security and improved working conditions.

They need to hear from us all, our inputs in this business can not continue to be disregarded.

We are requesting our own roundtable and will all go together to submit our agenda.

Be a part of this movement.

#TogetherWeShallAchive

Kindly communicate with you group leaders or admin for more info.

Carshopper:


Feb 4th loading ... the narrative continues

OFFIC3R:
Febuary 4th don reach oooooooh. Hafa na weytin we dey narrate?

omatynx:


Bank interest rate dont work that way. The 3% rate Will be calculate for an annum first then broken down to one month if thats how long u intend keeping the deposit. 3% of 1.5 equals 45k. 45,000 divided by 12months equals 3,750. You get 3750 monthly and not 45k. The interest rates are currently higher than 3% though. Open to corrections.

balogz:
Toyota corolla2004 is available for rental @ 40k per wEek,security deposit and driver preferably should reside around surulere and environs.

Daveonoja:
I think I should just take today off....I practically travelled tru the night...surely this can't be beaten

funkkymama:




all this conditions for drivers share!?

@Ogunvic why you dey elusive?!, send terms and conditions person no see you.

Where you dey?

GAZZUZZ:


not necessary. If your union is strong,
stop using taxify for 1week.

lexylexy:


Bros wetin una dey use abeg. I don't see how this is possible because if you're on a trip for more than 2hrs, uber will end the trip and tell you to drop the rider. so how you take do am?

alstarmayo:
you got an offline trip but decided to use the Uber app to make boost money

omatynx:


Pls sir how was this possible? Just two trips......
How do one get the *boost*?
How do u see surges or know surge areas?
How many km was the trip?

Daveonoja:
working smart

paroh137:


Oga talk abeg. Una go dey form unnecessarily. Na we wey no smart

Daveonoja:
not tru bro...i hav done so many trips above 2hrs