₦airaland Forum

kolokolobi:
I'm in Abuja. I bought 4 pieces and I didn't do hire purchase. I get 56k every week on them and I'll have to confess I got a bunch of drivers with good heads. Only one of them tried to be funny but I put him in line soon enough and he knows I will not suffer fools. I spread them on different routes to minimize joint risks. Payday is Sunday and I'm wondering why I wake up on Sunday mornings feeling excited.
I plan to sell them all off by the time they are all one year old when I've recouped investment cost and about 15% to take care of inflation and cost of initial capital. The sale can be said to be my net profit for the deal. So far so good. Very good in fact.

Lol!!!!

Good.
I started with one the picture is uploaded above. Someone got to buy it from me the following week.
Same thing happened to first and second keke.

Later got two running at same. I get 35K weekly negotiated Mine on Hire Purchase, mine got completed I handed it over.

Recently I imported 19pcs of TVS at a very cheap price way cheaper and resold and clear off. Last 2-3weeks

kolokolobi:
I'm in Abuja. I bought 4 pieces and I didn't do hire purchase. I get 56k every week on them and I'll have to confess I got a bunch of drivers with good heads. Only one of them tried to be funny but I put him in line soon enough and he knows I will not suffer fools. I spread them on different routes to minimize joint risks. Payday is Sunday and I'm wondering why I wake up on Sunday mornings feeling excited.
I plan to sell them all off by the time they are all one year old when I've recouped investment cost and about 15% to take care of inflation and cost of initial capital. The sale can be said to be my net profit for the deal. So far so good. Very good in fact.

Some drivers need to be taught lessons.

For me all my drivers, used their parents as shortee so I was lucky they always were in check and never misbehaved. Though once one was trying to play with me with lies about him been sick. His dad told me to not worry that he will pay and his dad made him pay.

I really don't like to appear nice to the and same time act nice.

Ymodulus:
My answers are based on the premise that you want to use the Golf 3 for inter state transport ( I.e within Lagos alone ).


The Keke Napep is Better.

I don't leave in Lagos, but with my experience if I hate anything about the city is the fact that cars are stucked during go slows. I recalled my last visit I had to board a keke around MaryLand in the Morning. It was better and fast. Some People might argue that the Keke can't go far places like from Ikeja to CMS, Obalende , island etc. Well truth is this does not matter as long as you are getting someone to drive the car for you. As this will not increase the daily returns by the driver in any way.

One Joy in business and life is to always see the "QUICK RESULT" of your effort or hardwork, for this alone is a morale booster to do more.

The keke Is a resounding Yes.




Sir you are partially right. But not totally.

The period of complete returns on a keke depends on two things

1. the status of the Keke at time of purchase ( I.e New or second hand )
2. Does your driver work on Saturdays and Sundays ? ( Some people set any return from those days mostly Sunday as maintenance money. Some don't )
3. Agreed fee of return by driver.


There are generally two ways of paying a keke Driver.
1. Hire purchase
2. Daily Balance

I believe the two need no explanation just little extra tips.
I will never advice you to give your keke napep based on returns of Daily Balance. It's a No no. So help you whatever you believe in.

In transportation business drivers can be A pain in the house, don't even trust your brother and Lagos for that reason my brother you have to be wary.
Hire purchase is the best. In the North , Higher Purchase is what is mostly done and in the South East mostly daily Balance.


Daily return vary according to
1. Your state or Location
2. Status of Keke Napepe ( new or old )

In Niger , Katsina for example daily returns are N2000 and N3000 respectively for a new keke napep. And for second hand it is based on negotiation. But in Niger it is roughly N1500-1700/1800.

Note all the price can be subject to negotiation. However am giving you standard normal price.

In Lagos it is N4000 - N4500 ( for those plying Computer Village route ).
Note don't let anyone decieve you for the poster know what he his saying.

Now on the amount to return. There are two ways of paying back Hire Purchase.

1. Negotiated ( you and driver agrees that you bought keke marwa for say N400 and he will pay N700 )
2. Standard ( pay x2 the price. Takes place mostly in North and for second hand marwa ).




Well truth is if you are given him on hire purchase them you can accept this. All you will do is know that you divide the amount you bought the keke by the amount of daily return to get no of weeks he will pay back.

Mathematically.


( Amount keke was purchased / weekly return ) = No of weeks to pay Up

Everything is subject to negotiation but use the standards to determine your decision.


No don't do the gold because of issues with car and drivers and believe me I don't know if its just me because I don't stay in Lagos. But how do you cope when drivers drive that way?

Drivers will kill your golf early and depreciate the value, except you want to go the drop way or get a good driver. Besides return will not encourage you. To do more.


No it depends. On how your driver manages it. And carry's out maintenance.

Sir what if I tell you that this keke is 5Month Old? You will call me a liar right?

I bought this keke way back in January February when I started the keke biz. I bought it like this

When I was reading this post I didn't check the username, until I get halfway, I said to myself, this must be Ymodulus, then I checked and He's the one.



Kudos brother.

Youngzedd:
When I was reading this post I didn't check the username, until I get halfway, I said to myself, this must be Ymodulus, then I checked and He's the one.



Kudos brother.

Thanks Brother.

Kudos bros, you really have experience, Op should tap some of your point good one boss

Ymodulus:
My answers are based on the premise that you want to use the Golf 3 for inter state transport ( I.e within Lagos alone ).


The Keke Napep is Better.

I don't leave in Lagos, but with my experience if I hate anything about the city is the fact that cars are stucked during go slows. I recalled my last visit I had to board a keke around MaryLand in the Morning. It was better and fast. Some People might argue that the Keke can't go far places like from Ikeja to CMS, Obalende , island etc. Well truth is this does not matter as long as you are getting someone to drive the car for you. As this will not increase the daily returns by the driver in any way.

One Joy in business and life is to always see the "QUICK RESULT" of your effort or hardwork, for this alone is a morale booster to do more.

The keke Is a resounding Yes.




Sir you are partially right. But not totally.

The period of complete returns on a keke depends on two things

1. the status of the Keke at time of purchase ( I.e New or second hand )
2. Does your driver work on Saturdays and Sundays ? ( Some people set any return from those days mostly Sunday as maintenance money. Some don't )
3. Agreed fee of return by driver.


There are generally two ways of paying a keke Driver.
1. Hire purchase
2. Daily Balance

I believe the two need no explanation just little extra tips.
I will never advice you to give your keke napep based on returns of Daily Balance. It's a No no. So help you whatever you believe in.

In transportation business drivers can be A pain in the house, don't even trust your brother and Lagos for that reason my brother you have to be wary.
Hire purchase is the best. In the North , Higher Purchase is what is mostly done and in the South East mostly daily Balance.


Daily return vary according to
1. Your state or Location
2. Status of Keke Napepe ( new or old )

In Niger , Katsina for example daily returns are N2000 and N3000 respectively for a new keke napep. And for second hand it is based on negotiation. But in Niger it is roughly N1500-1700/1800.

Note all the price can be subject to negotiation. However am giving you standard normal price.

In Lagos it is N4000 - N4500 ( for those plying Computer Village route ).
Note don't let anyone decieve you for the poster know what he his saying.

Now on the amount to return. There are two ways of paying back Hire Purchase.

1. Negotiated ( you and driver agrees that you bought keke marwa for say N400 and he will pay N700 )
2. Standard ( pay x2 the price. Takes place mostly in North and for second hand marwa ).




Well truth is if you are given him on hire purchase them you can accept this. All you will do is know that you divide the amount you bought the keke by the amount of daily return to get no of weeks he will pay back.

Mathematically.


( Amount keke was purchased / weekly return ) = No of weeks to pay Up

Everything is subject to negotiation but use the standards to determine your decision.


No don't do the gold because of issues with car and drivers and believe me I don't know if its just me because I don't stay in Lagos. But how do you cope when drivers drive that way?

Drivers will kill your golf early and depreciate the value, except you want to go the drop way or get a good driver. Besides return will not encourage you. To do more.


No it depends. On how your driver manages it. And carry's out maintenance.

Sir what if I tell you that this keke is 5Month Old? You will call me a liar right?

I bought this keke way back in January February when I started the keke biz. I bought it like this

kolokolobi:
I'm in Abuja. I bought 4 pieces and I didn't do hire purchase. I get 56k every week on them and I'll have to confess I got a bunch of drivers with good heads. Only one of them tried to be funny but I put him in line soon enough and he knows I will not suffer fools. I spread them on different routes to minimize joint risks. Payday is Sunday and I'm wondering why I wake up on Sunday mornings feeling excited.
I plan to sell them all off by the time they are all one year old when I've recouped investment cost and about 15% to take care of inflation and cost of initial capital. The sale can be said to be my net profit for the deal. So far so good. Very good in fact.

kolokolobi:
I'm in Abuja. I bought 4 pieces and I didn't do hire purchase. I get 56k every week on them and I'll have to confess I got a bunch of drivers with good heads. Only one of them tried to be funny but I put him in line soon enough and he knows I will not suffer fools. I spread them on different routes to minimize joint risks. Payday is Sunday and I'm wondering why I wake up on
I plan to sell them all off by the time they are all one year old when I've recouped investment cost and about 15% to take care of inflation and cost of initial capital. The sale can be said to be my net profit for the deal. So far so good. Very good in fact.

Bro, that is interesting. Am in Abuja too, I am interested in this biz pls. Just bip me 0. 7.0.5-70-4.6.3.8.8. tanx

@modulus and other experts in d house.
Kindlu assist as to how and where to get good second hand keke in Lagos.
I want to start the keke biz. Im alreadi into car hire business.

Ymodulus:

Thanks Brother.

Great info boss.... Thinking about going into transport biz self. this is an eye opener.
Thanks.

Ymodulus:

Thanks Brother.

HELLO Y MODULES, KINDLY HELP ME...I JUST LOSE MY JOB YESTERDAY AND AM THINKING OF DRIVING MARWA.. CAN YOU HELP ME WITH SECOND HAND MARWA.. HERE IS MY NUMBER 08022395882 OLAMILEKAN KASALI... YOU CAN CHAT WITH ME ON WHATSAPP, AM IN LAGOS, MUSHIN

boykas:
HELLO Y MODULES, KINDLY HELP ME...I JUST LOSE MY JOB YESTERDAY AND AM THINKING OF DRIVING MARWA.. CAN YOU HELP ME WITH SECOND HAND MARWA.. HERE IS MY NUMBER **********###### . YOU CAN CHAT WITH ME ON WHATSAPP, AM IN LAGOS, MUSHIN

Am not in Lagos sir.you can approach mechanics open up to him and they will help you that's what I did. Approach the more matured men not boy who are just starting to be mechanics.

Am sorry for your job loss

@Ymodulus. Please send me your number I want to discuss with you.
brghtbenjamin@gmail.com

Ymodulus:
Lol!!!!

Good.
I started with one the picture is uploaded above. Someone got to buy it from me the following week.
Same thing happened to first and second keke.

Later got two running at same. I get 35K weekly negotiated Mine on Hire Purchase, mine got completed I handed it over.

Recently I imported 19pcs of TVS at a very cheap price way cheaper and resold and clear off. Last 2-3weeks

Please I am interested in this business. Like when again will u have Keke napep in Stock. I really want to buy.
Thank you.

Ymodulus:
Am not in Lagos sir.you can approach mechanics open up to him and they will help you that's what I did. Approach the more matured men not boy who are just starting to be mechanics.

Am sorry for your job loss

DO YOU HAVE ANY ONE FOR SALE. AND WHERE ARE YOU

HERE'S MY EMAIL ADDRESS .....KASALIAHMED13@YAHOO.CO.UK

Henrick007:
I bought the marwa last week, work starts today

Hello Sir,
Goodday and how are you doing. Please i just want to find out about the keke business you started about 2-3 years ago. How is it going? Did you succeed with it. I just want to know you experience with the knee because I'm thinking of going into the knee business too.

Excellent advise