₦airaland Forum

Bobbiet:
Good evening pilots....

I'm here with a knowledge seeking question.

I'm based in Benin and I've been looking for a car to ride on e-hailing.

So last week I went to a office and was offered a car with certain criteria to meet.

About 60k deposit and 2 guarantors.

I'll balance 8k daily, 6days a week.

Car is strictly on rental.

I'll be paid 50k monthly.

Pilots in the house, is this a fair deal? Can I meet up in Benin?

My target in raising enough money to get a decent Nigerian used car in less than 5months.

Run away, as fast as you can. It's a bad deal

dapotemi:
Honestly bro, am not suggesting anything, because its meaningless, i cant regulate or enforce it... Car owner has much much more to lose, in my opinion.. All the threat, danger and risk you face and complain about, i already face and embrace it while looking for that 2.5 million to buy the car, so its ur turn, embrace it!.. Do you know why most car owners take care of maintenance in most cases 100%? Because their eyes is on the investment, d 2.5m.. They want to protect it.. No driver can maintain a car d way the owner will do it, its his car after all. So why should i get peanut, and do 100% maintenance.. We are losing.

You're not losing, you knew how much you would be making weekly before investing 2.5m in the business. You're saying all this now because you saw few dashboards.
The thing is it's minority of drivers making the very high figures you saw and even if you are lucky to get one of them as your driver he still won't pay you above what a driver that is making normal money is paying. Why? Because he went out of his way so he can maximize the opportunity and make more money for himself, not to make more money for the car owner.
The shopping complexes you see everywhere, in the same complex someone is making 10 times the rent while someone is making just double, rent will not be increased because of someone that is making 10 times profit.
If it is easy to make 120k weekly, why not resign and start making 500k monthly driving lol

IFSHR:
Since it's easy to make that 120k weekly and partners want the lion share

The reasonable thing to do is to just retrieve your car and go hustle and net that 120k this time all to yourself Abi.

Abi

kanuisagoat:
Does this also apply to regular businesses? I mean, if I open a shawarma spot and employ marketers, bike riders, and someone who makes the shawarma. Do they deserve to earn more than me who invested my money since they do all the work and bear all the risk.

It's not the same, it will be the same if you only rented out the space. So let's assume you rented out the space for 10k per week, if he makes 1m that week it's still your 10k you will collect and if he makes just 2k the following week it's still your 10k you will collect

MrCarter577:
Actually, I didn't end the first trip, Since it was on surge, I just changed the Location to Lekki. Trip ended 6,400 for 1h.30mins. Hope it's a fair price or should be higher?

You still want more?

northbird:
No one is talking about being good. Being Faithful to a cause and backing it up with actions.

For instance, after church service on Sunday. By 12 noon. I hit the road. My neighbor will be like "Are you not resting, today is Sunday , ojo isinmi things? My rest day is one of the weekdays.
I just laugh, that's religious dogma. Sunday is one of the best days to drive in Lagos.

Yet, the same people will watch premiership being played by another group of people (thousands of miles) on a Sunday too.

This still doesn't guarantee it will end well, it only maximizes the chances of success.

XGhost:
When drivers are cashing out, in December for instance, because we all know December is sure unlike the red seas we see now that I can't explain... Do drivers drop any extra?
Now drivers are cleaning out and some still tell stories. Greed is a bad thing bros. The disdain guys have for car owners here is amusing if not downright absurd.
Life is good when the money goes round

You know there are weeks that for some reasons business won't go as planned, but driver must still find a way to pay car owner. So it's not always rosy, contract is contract. 25k weekly surge or no surge, rain or no rain.

northbird:
You still don't get it. If you are faithful /committed to that rent, definitely the car is coming

Faith is evidenced by works/actions . Whatever is required.

Sir, being good does not automatically translate to success. EOD

izzou:
[color=royalblue]Lol

If a driver works hard, saves and is determined to buy a car, he will buy it.

This is the basic formula, Baba mi

If he likes he should drive the partner's car at 20km/h, avoid flooded areas and bad road. If he doesn't save up and is determined to own his own car, he will not achieve it.

[/color]

God bless you my brother. All these are nothing but superstitions

izzou:
[color=royalblue]So I guess partners can never have extra earnings

[/color]

Never. As a partner, your input has been calculated so is your output, Fixed.
Driver's output varies because his input varies.

dru23:
Ok .....let me break it down to u ....... We drove to Radauto to go fix the car..... It was not for anything personal .. He knows the truth.... It was the day that he came online to say I didn't buy him food etc ....the day was mainly to fix the car.........


Now think about it .. His rental was 20k naira .. So I will now pay him 20k for a day that he said was for my personal runs.......

I didn't even want to reply that statement..... Your rental is 20k a week and I will pay u 20k a day....smh

He knows the truth.... I feel I shouldn't have to explain anything .. But it seems u took him serious.......


Smh.........

Lol. The same way you decided on your own how much to charge him for your car is the same way he decided on his own how much to charge you for his services
P.S. My comment is not to show support to any party, I'm just a spectator with a bowl of popcorn

northbird:
If you are given a direct tokunbo or a very sound car. Then 30k rent is a fair rate.
If you are hardworking, you should be able to get that.

I agree with Pearl too, any driver on rent that drives the car with utmost care and not being reckless and irresponsible with the car( going anywhere, packing heavy things on the car) will soon be a car owner too.

Can you scientifically or mathematically prove this

izzou:
[color=royalblue]When the driver nets 100k weekly, and pays his 25k, is the driver too rigid?

Asking for a friend... [/color]

Partner has more to lose, so partner should be more flexible in order to protect his/her investment.
Driver that nets 100k weekly knows what he's sacrificing to get that, things that money may not buy so let him enjoy his extra earnings lol

yommytino:
Bosses in the house, I hail o.
A driver has been working from Monday till Thursday afternoon and his car was hit by a particular company motorcycle. The company accepted to pay for the cost of repair of the car.
My question: Does the driver suppose to pay rental fee for days the was used (Monday - Thursday) or not?

Why not?

Pearl1910:
Chief...just drive someone's car like its your own. Nature still works man, if u do good, u will see good.

There is no law that u must enter a terrible road or flooded street just to make money, there are a thousand and one streets that's not flooded. If u know u r d one that will fix the damage then u will not enter the water. I don't blame partners that share repairs with driver, it's for this same reason.
When there was partial lockdown, everybody adjusted. No partner will still insist on full money, but this one or two days flood shouldn't cause any stir because driver will make up the money as soon as he gets back on d road.
Partner never asks for more money when there is surge everyday for 7days straight.
Even though rental agreement is on 6days, partner never complains when he sees his car moving on tracker for all 7days.
So my statement is for all drivers who want to prosper in any life endeavor, not only driving.

I don't support drivers mismanaging partners' cars in any way, I drive all cars like my car, even my enemy's if there's one.
I'm just saying we shouldn't be too rigid in all we do.

Godfather10:
Dont you guys rate your passengers, it works both ways

It doesn't, you can never see a driver with this rating still active on the platform

DonnyE:
I am really surprised that alot of guys here boost of making over 30k a day here, how come 25k remittance to car owners is recommended? Meaning the owner of the car of 2.5M is only getting one day of work. Or it's not possible to make over 25k a day? It doesn't seem fair to car owners.

Loud it
How can drivers be making 200k a week and be paying owner 25k. Are you paying tithe?
Lol, we will all be alright

Matrix414:
First you put out an advert that you need drivers for uber/bolt

A lot of people would definitely call you that they're interested.

You'll let them apply, and when you finally get someone your mind goes with, let him provide verifiable guarantors, usually 2, then you both agree on your terms.
Terms in terms of weekly remittance and maintenance together with other things you'd like the driver to know.

Talking about convenient weekly remittance, it varies, 50k could be convenient for A while it's 70k for B, but on a general neutral note, it's 25k weekly payment.

With all these said, you're sure to have your car up and running with steady influx of funds.

However, I'm an experienced taxify driver with active account and I'm in need of a vehicle on rentals, I'd like to work with you hence making this whole process less stressful. There are people here who can vouch for me.

I anticipate to hear from you.

Thanks

Succinct

Pearl1910:
Any driver that enters an obviously deep water in the name of "rent must be made" is wicked.

Tomorrow is car inspection day.

Your comment should be for drivers with good partners. What do you have to say about partners that are hell bent on collecting full rent despite seeing how the streets of Lagos are?

InfinityEstates:
@Davit et al, any tips on how to dry a flooded car without sunshine?

Pressing iron, come and thank me later

Votumejero:
Please is there any current .co transfer promo

.

pek:
Beats my imagination someone who can read and write will don't know the difference between formal and former.

This beats my imagination too

davit:
Your calculation still doesn't arrive at the Bolt's initial price.

Maybe added waiting time is the difference

CheerfulGiver:
I wouldn't.

Okay. Thanks

IFSHR:
Correct bro...with the possibility of paid waiting added

Exactly

davit:
Noted. Help do the calculation too. The trip was even more than 2 hrs. See the attcahed.

This is what I got, using 70/km, 11/min, base=250, surge=1.9

davit:
Noted. Help do the calculation too. The trip was even more than 2 hrs. See the attcahed.

Average speed 7km/hr . That must be one hell of a traffic

davit:
The trip was on 1.9 surge.

Yes you still later multiplied everything by 1.9

davit:
Guys, Bolt calculation don kolo. The 2 images refer to same trip.
When the trip started, the I told the woman that it was better we use either Ojota or Gbagada. She agreed. Minutes later she said we should use Sheraton Road, and we that she had called her son who was at home and that he said thats the best route. I tried to convince her that that route was the worst. She didn't bulge.

On getting to the route, she began to lament.

The trip actually took more than the time bolt app shows.
I was shocked to see 6600 cos that was the original price if we had spent normal time to get there. Immediately, I asked for price review and put 8k. I didnt wait to calculate the amount. But I was sure it should be more than 8k. Minutes later Bolt adjusted the price to my review. I called madam and after back and forth, she paid the rest.

The other attachment is my calculation.
Obviously, it doesn't pay staying longer ok trips these days as Bolt will only base the final price on the main estimate.

Guys, learn from this.

Is bolt now 130/km? And where did the 3,024 come from?

Quick one pls. If you're asked for a professional advice from an intending investor, will you charge for the advice?

Pearl1910:
Heard it's because of Coronavirus outbreak that they are sending them home o. Ha....
e mean say u don carry virus b that

Na today?