₦airaland Forum

pocohantas:
Do you know what it cost to have 24hrs electricity in Nigeria, Lagos and Lekki? Be it national grid, solar or generator?

You don’t have to carry rubber to Enyo to buy fuel.

You don’t have to be fighting your neighbor for not washing the gutter well when it was his turn to sweep the compound.

You don’t have to wait for LAWMA on days you should be pursuing man.

Someone takes this stress off you at a cost. If it covers power in a year, it is a good deal.

.... after the N900k service charge, they will still come here to shed premium tears!

BAZ001:
Guys be careful parking anywhere in Surulere, they have pasted some evil no parking signs inside streets. E breaks my heart seeing this touts tow Uber cars.

How will a man position to hustle and you come hijack car like arm robbers.

Are you saying there are no cars parked on such inner streets?

IFEBARBIE:
This surge! This rain! This flood! This temptation! Hmmmm!

It is important to study the weather report, we have grown proficient in the use of Google maps but have ignored this important tool in planning how we work.

izzou:
[color=royalblue]Your Hub nko?[/color]

Are you advising us not to hub knob today.

CheerfulGiver:
New month started as planned. One more trip and it's good night...

1m, receive me with open arms..

Devising a means to make extra 185k...

Your Diet plan for the rest of this week would be appreciated. Some drivers are failing misreably to achieve this target because of poor eating habits.

CheerfulGiver:
Hire purchase is slavery, and a scam.

I'm going to factually analyse this stuff again for the last time, then anyone who goes ahead to get a hire purchase is free to do so at his own risk. I'll be using the bread and butter of every average uber driver, the 2006 Toyota corolla.

Fact 1
There is no hire purchase on a corolla that is less than 4,000,000 naira, unless it is by the special grace of God, the almighty.
Fact 2
Average weekly rental on a corolla is 30,000 naira, while weekly deposit on a HP is 35,000 naira.
Fact 3
A guy on HP must deliver 35k weekly unfailingly, with a 2 - 4weeks grace of delay in payment, and he must do so in 110 weeks.
Fact 4
An average driver must do 1000 miles a week of driving.
Fact 5 A driver on HP is responsible for All repairs on that corolla, for the next 110 weeks. While a driver on rental splits repairs with partner.
Fact 6 Every driver must be able to save 6k daily. Whether rental or HP, else you're just a fool.

Fact 7 A very good Tokunbo corolla should come with at least 170,000miles.

Now, there are 52 weeks in a year. Our HP driver has at least 2 years on his contract. Let's say he works for only 50weeks, cos partners will never hear story, he must always pay his installment. In fact, moove will not hear story, but I'm just trying to be conservative.

In 50weeks, he would have remitted 50 x 35,000 = 1,750,000 and added 50,000 miles to the corolla and car is not his yet. His mileage should now be 220,000 miles

Remember the guy on rental, who pays 30k weekly, and who saves 6k daily? With the mentality of a hard working HP driver, but paying 5k less every week, he has a savings of 47k weekly.

47k x 50 = 2,350,000

So if my guy on rental gets a Nigerian used corolla at 220,000 miles, at the rate of 1.6m, he still has 750k to fix up car with.

Year 2, HP guy completes his payment, car is at 270,000 miles. Becomes his.

Former rental guy now adds 15k weekly to his savings, since he now drives his car 62,000 x 50 = 3,150,000.

Who really get sense?

Ceteris Paribus ... drivers reading your post, the choice is yours, do you want to work under a condition of uncertainty (rental deal) or work under a condition of certainty! (Hire purchase) A word of advice is good enough for the wise. Thanks for the data crunching effort,

Pearl1910:
Any oil without this seal they fear me to use o.

Any seal you need... pay on delivery available from oluwole boys.

spartacus11:
cheerfulgiver saw this on my driving school handout

Reason i take ur post seriously

You will never understand the joy I get when some of those reckless despatch and okada would just zoom out from nowhere, they give me a thumbs up or bow, because they are grateful, I did not hit them. Defensive driving skill is very important for all uber drivers.

MrCarter577:
Uber is not ready for business

May be uber naija is looking for a buyer...

https://punchng.com/yandex-buys-out-uber-from-joint-ventures-in-1-bn-deal/

Barbiturate:
If uber deactivates an account, no reactivation again except you change driver's licence, which is fraud.
He should find means of reactivating bolt. Why was he blocked on bolt?
In the meantime, he should be using Indriver App

When I had issues with my uber account before I could say Jack Robinson I could no longer drive on bolt. I was stuck with indrive, at the end of my weekly analysis using indrive I was basically rendering charity services to riders. Some riders out of pity will tell you to keep the change.. The wait time to get quality trips on indrive is a topic for discussion for some other days.

Penproph:
Cars available for Hire purchase for uber and Taxify

Tokunbo Toyota Corolla

Interested driver should contact:


08027487666

Hire purchase is the best deal, for both partners. Honestly hate hearing the words rental and to think there are seasoned drivers on this forum encouraging rental deals.

CheerfulGiver:
Not possible. Earnings don't change. What changes is what you save from fuel.

Best car for this hustle is the king of fuel saving, the 2010 Toyota Prius.

A Toyota Prius is 50mpg city with a 11.9gal tank or 45liters

full tank in city driving is worth 50*11.9= 595miles

Therefore, an average driver should use 20 gallons of fuel a week, or 20 x 3.8liters = 76 liters of fuel.

76 liters x 163 naira per liter is 12,388 naira per week.

Savings of 23k weekly more than a corolla/matrix/vibe. If I work 48 weeks in a year, car will save me 23 x 48= 1,104,000naira in fuel costs alone.

I have more than enough for repairs.

Car is cheaper than a 2010 corolla.

Please would this change the matrix of your calculation. Why are we not having a constructive debate on this. Should we be ready for this reality before Dangote hits us with N500 per liter for fuel. We all get to keep our beloved corolla 03 -08 and dru' bullet proof civic 03-05. Is any driver using autogas to move Lagos forward? Cost/ benefits analysis would be appreciated

FuckEveryday:
What do y'all think of this driverpernure Tip Box idea

Personally, the taught of having to be nice to riders, asking how your day went n all dose shit doesn't interest me. Even the ones who try to bring up conversations I don't rili feel moved to reply. Fvck all dose you don't know who your helper is. My job is to take you from point A to B. If you need someone to talk to, Dial Inspiration FM and talk all you want.

That's my own view sha..

The drivepreneur is simply announcing to his/her pax and other road users that There Is Poverty (TIP). In driving uber help an Ant! But on a more serious note this is highly unprofessional, uber app has a tips option unless the agbero driver is suspicious that uber may be chopping his/her tios.

Reubenson3:
Lol, if matter no work well...na my car na... I'll withdraw it from him. [b][/b]The fact is that I'm always busy [b][/b]and hardly drive...more reason why I want the car working instead of sitting in a spot for long. More of the reason I seek knowledge from the experienced drivers...and I don't think that is a bad idea either

According to your words.. "I am always busy". I will advise you to consider the Hire Purchase option (HP), with all repairs and maintenance on your partner.

deedee44:
Why not keep the 500k and get a car on rentals first? You can then start increasing your savings and get yourself a sound Nigerian used car instead of throwing your 500k away if things go wrong and go back to square one.

The reasons some drivers prefer the hp option is for peace of mind, under a rental agreement the owner of the car is at liberty to withdraw his car at anytime. The time for a driver to get another rental deal can not be ascertained. Moreover the quality of the car being offered for rental may not be as good as the one you were driving previously. If it takes a driver 3 months or more before getting another partner all his/her savings would have been expended.

Health is Wealth... don't let anybody posting working 7days a week and bragging, as if that is a wise decision, fool you. Is it sustainable, without deterioration to ones health in the long run.
While i love to read about all the back to back request, I don't wish any of you back to back visit to different hospital specialist, when you decide to move from uber to plan B, the choices you made yesterday have grave implication for the future.
My sympathy to those drivers on HIre Purchase, whose wives are currently out of work due to the pandemic, the Good Lord will see you through.
To those pushing drivers to go beyond their reasonable limits, may our action not turn innocent children to orphans and wives to widows. Let us be compassionate and balanced, kindly remember not everybody's DNA is wired the same.
DRIVING FOR LONG HOURS IN TRAFFIC IS A SILENT KILLER, A WORD OF ADVICE IS ENOUGH FOR THE WISE!

fabiano09:
thanks ,you got an idea how much it costs ?

No.
I don't drive corrolla!
---
---
Dru reads and Smiles

fabiano09:
who's got an idea how much an 07 corolla gear costs ?

When buying your gear box go with your mechanic, if it is at ladipo proceed with caution.

tojahh:
Was that not the reason he was calling him to RECTIFY IT? When you do business, especially online where recommendations are your KPIs you should be handy to always put customers satisfaction first.

How many Nigerian biz men know what customer satisfaction means.

tojahh:
See how you mention my name alongside chairman adex. You come leave Odogwu Izzuo, Otumba Fabian, Pope himself, buynowautos. Abeg I no fit type again. Like this I dey hold up for ikorodu road.

Meanwhile as you serve the Nation, develop yourself and look beyond ehailing, get the needed skills, acquire certificates on courses that will enhance your chances and make way for you. If you don have the finance.... Learn a trade while you serve. Me self might not be here by the time you'll finish your device to mentor you, but stay with the advice I gave.


Hope you obey the clarion call in total honesty. God bless you

@keeper 1
After you have achieved all the milestones listed by tojahh, i hope it will enhance your chances in getting your PVC.
In all your getting, get your PVC... I no fit shout ooh.
I so much love technology and innovation.
Check out this amazing video

https://www.youtube.com/watch?v=4DKrcpa8Z_E

MERCHANDISER:
500k

Gazzuz

Buynowautos:
Which one be supermarket. The abokis that sell cigarettes just opposite the exit gate sell condoms.

There are certain brand of durex preferred by our hard working politicians and yahoo CEOs that even aboki no fit stock!

Buynowautos:
African Shirine Lagos City 1:40am

What drink do you do after 1a.m?
There are some place that i would be a lot security conscious.
I guess you are quite street savvy.

pope191:
Who is pope going to confess to in case of confession? I almost catch a feeling for my last rider, d connection & communication was way too deep from chevron to ijesha... I tot I was a professional o

"Don't get your Honey from where you get your Money"
P.S. Carquest has some smashing looking receptionist, that will not violate your uber T&Cs.

tojahh:
October 24th precisely.

Is it ekocab?

Maax23:
You sound like you are new in this business. Customer first, every other thing follows. Bolt/uber no Wan hear all this good points U posted here. The only language they understand is customer satisfaction regardless of any other thing. I was almost rubbed on Sunday night at Abraham Adesanya. If not for my instinct, I would have said bye bye to my car or probably my life. But d God I serve pass dem

From Uber's advert the emphasis is on Safety, so they would expect you to consider the safety of your rider and yourself as paramount.

Ghost1994:
I just had an accident. Rider teeth commot

I have read some expert opinion and they have adjudge you as guilty based on their analysis of the nature of damage to your car.
As an e-hailing driver you have only one paramount goal "getting riders safely to their destination", any activity that encourages towards the accomplishment of that goal should be pursued.
Defensive driving is expected to be one of the strongest point of e-hailing drivers.
In short have a post it note on your dashboard with the words "SAFETY, SAFETY SAFETY".
We thank God that no life was lost, as we are now in the ember month, let us all be more extra vigilant.

tojahh:
Therefore, we are happy to be able to keep our promise to ensure we always offer you the best earnings in the city with a 1[b]0% Price Increase and a 5% Commissions increase[/b]d starting tomorrow.


Along with the change in the Fare Price and Commissions,

The Bolt and Lite category will be collapsed into one, maintaining the name “Lite” but with the new price.


Who else received this from Bolt today? Starting tomorrow.... 20% will take charge.

Bolt and policy flip flops are like 5n6.
Why not start first with the 10% price increase and study the market trend for 3 months, if you get the expected result you can now decide whether or not to implement the 5% commission increase.
All i see is muddled water!

pope191:
Nice one

Will try to summarize next time
Thanks.

NIGHTLIFE100:
I read your long post and I can say you’re smart..

We are all Smart .
Since i can not drag the king of meme award with dru23, maybe my post will be in contention for award as one of the longest nairaland post on uber 2019.
Thanks for taking the time to read.

clemils1:
Thanks for the advise sir. I actually work in a bank as a marketer. But I just feel the need to do something extra with my available time. Plus am considering taking a loan to enter into this venture.

.

On the issue of loan, those who have successfully collected loans for uber business, may be in the best position to give you advice on how they were able to successfully repay the loans.

But let me share my own little experience with you.
I once collected a loan for a business transaction, let me not bore you with details, a suggestion came and i decided to make a 360 degrees change, i bought a car for uber gave it out and as they say the rest was history, had to quickly sell the car off in less than 6 months as the repayment obligation was becoming difficult each passing month.

What possibly can go wrong with a loan, a lot.

1. CAR HIJACKERS ON PATROL
I survived a car hijacking incidences some months back, not far from ojuelegba, i was at AKT motor park dropping off a passenger, when i got a request less 2 mins away to pick up a rider at the pedestrian bridge (barracks bustop) before stadium. As i got closer to the pedestrian bridge, i saw my rider, he entered my car and before i could even turn the steering wheel, a corolla from nowhere just blocked my car, i was like what... what is happening , a man in police uniform, came out with 2 other guys in normal house wear, my immediate thought was that i had picked up a yahoo boy that they probably have been tracking secretly, they told the guy to get down, the guy kept on insisting why, eventually the guy got down, and the uniformed police man entered, they kept on shouting why did i pick up someone before the busstop, but i was like the bustop is less than 50 metres away, to cut a long story short, the other gang member told me to get out of my car, i said for what, as i turned to face his enquiry, the cop that entered my car took the key of my car... they even snapped my car, and promised me that a towing vehicle would come to pick up the car, (long story), no towing vehicle came. I had to order a gokada to go to my house to collect the spare key, which was brought to me in about 40mins, i spent close to 2 hours, no towing vehicle came. (LET ME TELL YOU IT WAS ALL PLANNED THE RIDER WAS INVOLVED... after the failed car theft incidence, they would have told the person who order the ride, why did he not check to ensure that the car was a corolla!)


My suspicion is that they were expecting a corolla or worst a Camry, these are the most popular cars on uber, Had i shown up with a corolla, they would not hesitate to bring out a gun, and of course i will quickly comply and get out of the car, that would have been the end of the corolla, because they probably would drive it somewhere planned, either dismantle it or drive out of Lagos after removing the tracker, for a prearranged buyer... Now if you buy your uber car on Loan, what would you do, that is not what i wish for anybody, but as i said expect the unexpected! If the person had taken a loan to buy his corolla, he would just be singing in strange voice "ni ojuelegba they know my story... in whiz kid voice". (pic attached). This incidence happened in the day time ooh not night time, my brother things are happening in Lagos.

2. GENERATION OF KAZEEMS
You get your loan buy your car, and promise to avoid all the Generation of Kazeems, to ensure no down time on your car, but let me share another experience,
I went for a routine service at one of those modern automobile workshop on the island that scan and advice you on the best way forward based on your scan result It was a routine oil and filter change. it was done as i drove off the workshop, i just wanted to check if what is used to hold the bonnet up was properly placed, guess what my engine oil cap was not put back, in place, while this could be a minor issue, imagine if, the oil change was not done, do not think such a scenario is not impossible, especially in a very busy workshop, the person who should do the oil change could be called up, he tells his busy colleague to help with the oil change but there are 2 cars for oil change, the colleague chooses the wrong car which is not yours, the guy comes, fails to check the oil gauge level, since he has seen an empty container assume the oil has been poured in the car, you pick up your car and drive off merrily, along the road things start happening.... Remember you are servicing a loan

3. ALL I CAN SAY IS THAT THEY DON'T REALLY CARE ABOUT US (CAPITALISM - DOG EAT DOG WORLD)
I ordered an uber back home yesterday, i had an interesting discussion with the driver. told him upfront that i am also in the biz, asked whether he is on hp or rental, he confessed, that he used to do HP before but he has now made up his mind for his sanity to be on rental, he is on 28k per week rental but he intends to see the owner of the car to renegotiate to N25k, He also stated that opay drivers are taking away market share. The market is getting saturated. Please you never know what capitalist policy uber or bolt can throw up. Eko cab is coming up sometimes in October 24, 2019 (with brand new cars), if i had the opportunity to order a tear rubber car, why should i order for a tokunbo at the same rate.

"During Fashola’s administration, Union Bank gave us a loan of N523m, which we used to buy brand new Nissan cars. First Bank also gave us N350m, which we used to buy brand new Toyota Corolla cars. Now, we are talking to two companies who want to buy us brand new cars. We are planning to launch it with the application."
reposting the link.
https://punchng.com/uber-bolt-others-have-caused-us-untold-hardship-suffering-omolekan-lagos-yellow-taxi-operators-general-secretary/

GTB quick credit is already changing the small loan financial market landscape, expect the unexpected.


how this will change the dynamics is anybody guess, Indriver is there, nothing is sure. If you go ahead to take this loan and bolt and uber decides to slash rates or increase their commission it becomes increasingly difficult to service your loan.

4. HEALTH CHALLENGES
I will always tell people on this forum that only celebrate great earnings, please lets us have a balance, your health also matters, in some post back i posted a link on foot issues, for other drivers to read up, i noticed my right foot was getting swollen, (yep the right foot the usual suspect, the most hardworking foot for uber drivers) honestly the fear of God was already setting in, a friend of mine was having a serious health challenge and swollen feet was one of the symptoms. What i am saying is that God forbid you need to take a month or 3 months break because of some unforeseen health challenges, how do you service your loan during those period!

5. ACCIDENT
We thank God no lives were lost, but the accident involved serious injury to other motorist, while your car is comprehensively insured, the time out to fix the car and also the cost of following up with the passengers involved in the accident will mean 1 or 2 months may pass without you having the means to meet your monthly repayment obligation.

6. VILLAGE PIPU
Over to Dru and Gazzuz on this!

I dont want to sound pessimistic but taking a loan involves so much risk, those promoting eko cab, are you sure they might not come out with a policy to frustrate uber or bolt, "this is Nigeria everybody be criminal" according to Falzthebadguy, this is lagos, for a fistful of naira, politicians are ready to mortgage the future of hardworking Nigerians.
Consider all possible positive and negative scenarios before you make that leap,

My advice:
1. Those who are in paid employment and want to earn extra on weekend, then getting a loan for uber purposes can be feasible (you can use destination setting effectively on weekdays), work like a honeybee on weekend, giving the fact that your income from your paid employment should be able to service the loan, even when there are downtime.

2. Those who have no alternative income, but want to rely only on driving uber to collect a loan, please go for rental deals, save up or look for close family friends that can give out their car and place you on n20k rental.

God bless our hustle!

ofime123:
not only that, they have increased their fare with 10% and their commission is now 20%

You mean after all the round table discussion, this is the best bolt could come up with?