₦airaland Forum

KINGZgreat:
Pls I need a good car for rental,

Toyota corolla or Hyundai preferably.
I can pay the weekly rental of 35k upfront (security deposit/Assurance), so you don't have to worry for your rental payments.
I'm a new driver on uber/taxify. I live in secured compound in Ogba and will take good care of ur vehicle.
i have a guarantor and a very good phone to use.
Ready for business call 07019118243 or whatapp 08037789339.
email tak.kings@gmail.com

oya let's go there

jcshols:
2005 Toyota Corolla.

Whilst responding to this,kindly give me the price listr for other vehicles. Thanks.

Ok ... 20k and we take care of all (insurance and tracker)

alterego17:
OP waz ur rate for camry 01 4plug

I don't accept 2001

I just want to say a big thanks to @Gazzuzz ... he isn't all that nice but he patiently encouraged, supported and advised

Also oluwaseun, he gave everything as Tech support.

The change in narrative wouldn't have gotten this far without the support gotten from them.

I appreciate....


Now let me transmission

GAZZUZZ:
are you kidney me

Sometimes the liver takes in too much and kidney gets the hit too

Dovehorizon:
Carshopper, this new narrative of assurance, I think I may be interested in giving you two cars if only the option of one month payment upfront can be factored in.

The narrative is dynamic.. Option of one month payment isn't same as fleet managing ....

Let's Change the players jare

jcshols:
How does this work please?Am interested.

Tell us the model, year and brand

We give you our monthly rent payable

You can rent your vehicle to us on a monthly fee o

Well well ...you can rent us your car for a monthly fee

It's a thin line between default and security deposit activation...

Where does one draw the line? When do u activate the security deposit clause?

Payout week is Monday - Tuesday, this week Uber paid out Wednesday - so when is default period?

TheCar:
On prepaid, you put debit in my Uber account, you clear your debt before I accept your new prepaid rental payment or I use the other options which make things easy for the driver and his Guarantors.

Also, in my opinion a driver with Security Deposit show some signs of serious and if a driver agrees to prepaid rental plan, that would be a new standard.

Abi make we adopt Carshopper strategy, No pairing with car owner, prepaid weekly rental and shared maintenance.

There is always a solution to every challenge.

Every strategy has risks ...

The most important and critical part is always Maintenance/repairs scheduling cost

Maintenance/repairs scheduling cost starts with who takes responsibility for each cost and to what extent.

I believe maintenance costs should be on all parties involved in the use of the vehicle.

The change in narrative is an interesting one... From e no go work to its working o, Just go to show that change is constant...

Another change in narrative coming up....

slamstanlee:
My CRAZIEST taxify experience....
Picked 2 talkative girls at Radio Nigeria ikoyi, Destination: platinum way lekki.
One has 1% battery life, the other has 3%...
They asked for my usb cord to charge... I said to them i can spare just one cord, as my phone was on 20% too.
The one with 1% battery said she needed it more cos she would transfer my payment at the end of the trip. The other one cried; no dont worry, dont just press ur phone. I need to chat with this guy, he promised to be giving me alerts but its not regular bla bla bla... I need to plug it while i chat....

They argued. They agreed.
The one with 3% got the cord, sat at the front, the other one layed down flat at the back seat and dozed off....
Oh no! This one was receiving calls, bragging about hair price, last alert and next club night. Ok
We got to platinum way, the moment we entered the hotel gate, a request came in. Next rider was in the same hotel. Cool
Next rider called.
"i am at the hotel car park now, u can start coming down" i replied.

Now i ended the current trip, fare was 2300.
We should be done before next rider gets here... For where? Na there wahala start.
The girl wit 1% battery woke up, picked up her phone to do the transfer: phone has died oo!
Quarrel start: "i told u i needed to charge this phone... U see now, how are we gonna do it"....
"U should have asked for the charger on the way but u were sleeping all through".. Bla bla bla

Me: ok, let plug ur phone so it will come up.( A healthy phone should be up in 2 mins max) Phone wouldn't come up.... We waited 2 mins, 3mins 5mins. (this must be the kind of phone u will plug and forget it there when it dies; i thought) Meanwhile the one at the front asked for my acc details and transfered 300. Remaining 2k now. Phone still wouldn't come up

7th minutes! i raised my head, at the other side; a dark slim beautiful chick was standing there. Flat tommy(exposed). Her belly button was on same level with my eyes... I stared for like 5 secs before i realized she was the next rider.
The look on her face: what's happening? Two girls in her taxify already. Huh!

I quickly got out, explained the situation to her and asked her to give us 2 minutes. She agreed.
Got in the car and asked them; is the phone up?
For where....

Ok, i have another rider and that's her waiting. You guys should pay me quickly, cash or so...
"we don't have cash oga"
Me: ok, ur own phone is on, u already transferred 300 to me, would u transfer the 2k remaining then she settles u when her phone comes up?
"oga i don't have up to 2k in the acc" chai
Me: so what do we do? Me rider is waiting...
"oga lets go to the nearest atm and withdraw cash"
Me: i can't leave my next rider here
"ok ask her to go with us so u continue with her from there"
2 minutes gone

I rushed out again, told her the idea. She agreed. And so i wont start the trip yet.
4 of us in the car now. Nearest ATM was 300m. Oh cool. like 10 guys on the queue. Two machines dispensing. This will be fast i thought.

Both girls ran out leaving their bags to join the queue. At this point, they were so uncomfortable and ashamed.
While we wait.... The beautiful rider said to me: i wonder why 2 big girls will go out without having cash. We chat. Laughed. Waited

5mins. 7mins. Queue was slow. Guys doing multiple withdrawals. In my mind i estimated 15 to 20min before their turn.
Rider: oh no! I can't wait anymore, please call them. They shuld com pick their bags i will pay the 2k.
Me: these girls might feel embarrassed and disagree o.
Rider: lets try
One of them was like: are you sure? U really want to pay the fare?
With more shame in their eyes. They picked their stuffs, looking cheap and ordinary this time around. And left without a thank you....

Destination; VGC then computer village ikeja
Fare; 5100
Rider: here is 7000. Wont u dash me the 100? i don't have change.
Me; sure no problems


(this happened last Friday, i have been typing it in bits to give una full gist)

Enjoy the rest of the week...

So u owe us drinks for keeping this juicy gist this long... Hahahahha

Another driver matched... Security deposit matched... Vehicle matched


Let's roll

Carshopper:
Yes yes yes ... we will.. We can...

Vehicles available for rent

Terms and conditions simple, straight and easy

No pairing with partner .. Just take the vehicle on a weekly charge

Weekly rental : 40,000

Security deposit : 65% of weekly rental or a signed STANDING ORDER at your bank for week rent in case you default.

Penalty fee for late payment

Guarantor must be provided

Copy of utility bill provided


We always ready to improve the narrative, hope u do too

Driver matched... Once again security deposit matched... Vehicle matched

Two payments received... Two payments sent out to investor partners... Every one happy today... No repairs done for last week - Good Good...



This week is building up

mabeni:
cars hopper, is rav4 good for e-hailling business? On a rental?

I have come to understand every car is good as its maintenance scheduling ... But I rather use smaller engine size due to factors which I consider

E-hailing they say has come to stay. Technology is growing and the transport system is growing with it. I expect to see base fare (uber 200, taxify 320) stay this way for a long time and some e-hailing app will drop base fare to take their own share of the market.

Transportation technology tries to provide transport at the lowest cost possible

oparahchi:
Do you run a fleet management company?

Yes I do..

So uber credited today... A day late I must say... But money is in the bank

Carshopper:
Another vehicle going up...

2007 Kia Rio 1.6L

Security deposit 20k

Weekly rent 35k

Verifiable guarantor who can assure u

****Phone number of previous partners (Max 2)****

Copy of utility bill

Let discussions start

Another driver matched but this time with a twist...

We secured a driver who claims he is ready to work(been out of a car less than 1year), claims he had a steady payment of weekly rental to previous partner, he has a verifiable guarantor BUT no security deposit.


Fleet management involves planning, scheduling and hiring, so we had to build a twist to hiring this driver-partner


1. We put a call to his last partner - Driver was �

2. We had his guarantor secure him by signing an extended guarantor agreement

We about to roll.... Let's see what the morning brings

Carshopper:
Most times we see a driver that really wants to work and doesn't have a security deposit, u sit back and hold back because of previous driver defaulting

Apart from due consultations, which included a call to previous owner ... The said driver will be getting a vehicle and put on a week observation.

Fleet management involves planning, scheduling and hiring and as such everything must be taken into consideration

darmilolah:
Been awhile... What did I miss.

I think 50% assurance is not bad.

Drugs. ..sorry Dru.... Your head is there.

Carshopper and Gazzuss... Well done sirs

U b evil hahahhaha

Carshopper:
So a driver calls me yesterday, he needs a vehicle on a weekly rent charge... Now my conditions simple and listed below

Weekly charge 40k

Security deposit 65% of weekly rent

penalty fee for late payment

Verifiable guarantor


And he says 'oga it's fair but I don't have a deposit, I haven't worked for a year '

Most times we see a driver that really wants to work and doesn't have a security deposit, u sit back and hold back because of previous driver defaulting

Carshopper:
The story of a fleet manager is a crazy one... A fleet manager will have to manage the driver and the vehicle to produce optimum results (weekly payments, low default rate, low maintenance cost).

The fleet manager has all his intelligence to create an enabling environment.


A driver-partner default rate is within d first 3weeks for newbies and within first 6weeks for some old hands.


But, yes we do have driver-partners that never default.


BRB

So a driver calls me yesterday, he needs a vehicle on a weekly rent charge... Now my conditions simple and listed below

Weekly charge 40k

Security deposit 65% of weekly rent

penalty fee for late payment

Verifiable guarantor


And he says 'oga it's fair but I don't have a deposit, I haven't worked for a year '

The story of a fleet manager is a crazy one... A fleet manager will have to manage the driver and the vehicle to produce optimum results (weekly payments, low default rate, low maintenance cost).

The fleet manager has all his intelligence to create an enabling environment.


A driver-partner default rate is within d first 3weeks for newbies and within first 6weeks for some old hands.


But, yes we do have driver-partners that never default.


BRB

We have other vehicles in the fleet which have been running for a period of 6-9months ... we have come to understand the best engine size for this job is the 1.3L - 1.6L engines. We manage up to 2.0L engine max.

What informed our decision to narrow the engine sizes is very simple and basic - Cost of a replacing an worn out engine.

The cost for a 1.3-1.6L engine is low when compared to the over rated Toyota corolla engines.


We have come to deal more with the following car brand

1. Honda City 2007/08 1.3L engine

2. Kia rio 2007/2008 1.6L engine

3. Kia spectra 2009 2.0L engine

4. Kia forte 2010 2.0L engine

5. Hyundai elantra 2007 2.0L

Another vehicle going up...

2007 Kia Rio 1.6L

Security deposit 20k

Weekly rent 35k

Verifiable guarantor who can assure u

Copy of utility bill

Let discussions start

This is Wat every partner wants... Money in the bank ... Prompt payment.. No stories told.. None asked

We will kick off a weekly dialogue on managing vehicles/driver/maintenance starting with a newly acquired 2007 hyundai elantra

The process we put in play is as follows:

Vehicle : 2007 Hyundai elantra 2.0L

Weekly rent : 40,000

Security deposit : 65% of week rent

Guarantor : guarantees to 15,000 plus driver damage due to negligence

ROI time frame : 10months

Kick off date 15th May 2018

E-hailing weekly run down on issues, challenges and experiences faced giving vehicles out on a rent charge.

I started out in e-hailing hustle with my brothers throwing investment in November, 2016 . Yes, I came late to the party but we still dey party since 2016.

I have come to understand that the transport bizness has more losses than profits given the fact that the basic tool used is a mechanical metal box (the vehicle) whose integrity is flogged daily (roughly 18hours) unlike your usual personal ride which u flog mildly.

So the profit Vs loss is what every investor or car owner wants to maximise by reducing issues the vehicle will give and also issues the driver will bring to have steady flow of income FIRST to achieve back 75% of investment used in purchasing the vehicle.

Recouping 75% investment takes a duration of 10months given that your investment doesn't exceed 1.8million naira