PattyB001:
Pls how much can I get Honda Civic 2008 Toks

You can get it at 1.6m.

dru23:

You want lead the people astray ...1.4m tokunbo elantra... smh.. Better to say 1m

We have partnerships with several dealers...and we can can get you one for that price when you're ready.q

People who intend to have us manage their vehicles on the Uber/Bolt platform ask all the time what the best cars for Uber business is.

It has become a more regular question since the post about The 3 Reasons You’re Losing Money in Your Uber Business. (You Should Read It).

In the post above, I had mentioned that the single most important factor for success in the Uber business is the choice of vehicle. An inappropriate vehicle will make a good driver become bad, yet a ‘bad’ driver could become good if the right vehicle merges with good working conditions.

When choosing the most practical vehicle to use, you want to consider the following factors: Fuel economy, good air conditioner, reliability, maintenance cost, life span, resale value etc.

In this post, I will highlight the top 5 cars for the Uber business in Nigeria:

1. TOYOTA COROLLA



This is actually the most preferred.. no wonder most companies use them as official cars. The 1.8 litre 4 cylinder engine gives an average of 30 miles per gallon (mpg). The air conditioner is excellent, sound system is good enough and the car makes your passengers arrive like a boss.

With the Corolla, you’ll get good reliability, reasonable space and excellent resale value.

Estimated Price: Tokunbo — N1.9million (2006 model)

2. TOYOTA YARIS (Sedan)



This car is small but mighty and arguably the best in the Uber line-up. Its 1.5 litre 4 cylinder engine gives you an amazing average fuel consumption of 32 mpg.. That’s about half the consumption of several 6 cylinder engines. Although, acceleration suffers but still good enough for city trips. It is also reliable and maintenance cost is moderate which all add up to increase your earning potentials.

Don’t be deceived by the small exterior.. it is pretty spacious inside. Thanks to the small engine and short bonnet. The small bonnet and the low belt-line makes you feel like you are sitting up high.

Estimated Price: Tokunbo — N1.8million (2008 model)

3. HYUNDAI ELANTRA



A roomy and well-built economy car with surprisingly sharp reflexes, the 2007 Hyundai Elantra is a good vehicle for the Uber business.

Standard on all Elantra sedans is a 2.0-liter inline four-cylinder engine capable of 138 horsepower and 136 pound-feet of torque.

I particularly like the 2007 model as it comes with antilock disc brakes, front-seat side airbags, full-length side curtain airbags and anti-whiplash front head restraints.

With several Nigerian mechanics familiar with it, it has low maintenance and its spare parts are readily available.

Estimated Price: Tokunbo — N1.4million (2007 model)

4. HYUNDAI ACCENT



Another Hyundai product. Seems as if they are made for the Uber business.

The 2008 Hyundai Accent has a 1.6-liter four-cylinder which makes it quite fuel efficient.

Unusual for a vehicle in this segment, all models of this vehicle include standard front-seat side airbags and full-length side curtain airbags. Antilock brakes are standard on SE coupes and optional on GLS sedans.

Estimated Price: Tokunbo — N1.5million (2008 model)

5. KIA RIO



The 2008 edition of Kia Rio is powered by a 1.6-liter inline-4 with 110 horsepower and 107 pound-feet of torque. A five-speed manual transmission is standard across the board, while a four-speed automatic is optional on all but the base sedan.

Seat comfort is very good for most body types, though drivers north of 6 feet tall may get fidgety after more than an hour behind the wheel. In back, headroom is a bit tight for 6-footers, but legroom is fully adequate and the tall bench provides good thigh support.

For most Nigerians, it is a comfortable vehicle.

Estimated Price: Tokunbo — N1.6million (2008 model)

NOTABLE MENTIONS

Asides the top vehicles highlighted, the following vehicles also offer value for money in the Uber business:

- Toyota Prius
- Toyota Matrix
- Kia cerato
- Honda Civic
- Mazda 3
- Mazda 6

So there you have it! The 5 most effective cars for the Uber business in Nigeria.

At RideArena, we manage vehicles on the Uber/Bolt platforms for investors and provide employment for would-be drivers.

Under our management, we remit between N20,000 — N30,000 weekly, depending on the vehicle type, without you having to putting them through the hassles of driving or dealing with obnoxious drivers.

If you’d like to know more about our services, check us out here: http://ridearena.ng/landing-page/…

Source: http://ridearena.ng/2019/04/18/5-best-cars-for-uber-business-in-nigeria/

drmikeadams:
amazing write up

Thank you.

Early this month, a Facebook friend contacted me upon reading my status about our ride hailing management business. He had jumped on the Uber train when the company opened office in Nigeria in mid-2014. Together with two of his friends, they bought five Toyota Camry cars. A year later, all but one of the cars were out of business. In March 2016, he took back possession of the remaining car from the driver and said bye bye to Uber.

[img]https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSOdEZP9DX3JYvhMU-spcduuxCSHPQ3X1aq0IZwToEMeNLeu_rX[/img]

When he heard that we have been managing several cars for people on the Uber/Taxify (Bolt) platforms, with about 70% of these cars belonging to Nigerians in the diaspora, he sought to know what he and his friends might have done wrong, and if it is possible for us to guide them to achieve a reliable secondary source of income.

As it always happens, a few questions were enough to reveal the mistakes they made, similar to what a lot of people make in the ride hailing business in Nigeria.

The three top mistakes people who invest in the Uber-type business make boil down to three factors: Vehicle Type, Driver, Working Conditions.

Let’s get straight to them:

*Mistake #1: VEHICLE TYPE*

[img]https://cdn-images-1.medium.com/max/750/1*mEn078s8HJZ7WiSsZd0H8A.png[/img]

When I tell people looking to have us manage their vehicles that the Vehicle Type is the most important factor in a Uber business, they are often surprised. Yet they ought not to be.

It is our observation that an inappropriate vehicle will make a good driver become bad, yet a ‘bad’ driver may become good if the right vehicle merges with good working conditions.

When choosing the most practical vehicle to use, you want to consider the following factors: Fuel economy, good air conditioner, reliability, maintenance cost, life span, resale value etc.

You want a vehicle that would give the driver as little problems as possible, especially in terms in fuel consumption. Uber business is a game of distance covered and how much fuel is expended in the process. Therefore even the most loyal driver will return your car, even worse start defaulting, when he is unable to recoup his investment in fuel.

The cars that have been proven winners in this Uber game are: Toyota Corolla, Toyota Yaris, Kia Cerato, Hyundia Elantra, and Hyundai Accent.

I will do a followup post on detailed reasons why these are the best cars in the market for Uber business, but this list will serve for now. Stick with this, and thank me later.

NB: We have noticed that car dealers have noticed the obsession with Corolla cars for Uber and are packaging unwholesome Corolla brands for unsuspecting buyers. We provide free car inspection services for our clients.

*Mistake #2: DRIVER*

[img]https://cdn-images-1.medium.com/max/750/1*1JhGBbOL20JIsyxfGlv9Lg.jpeg[/img]

When we survey the reasons clients choose to turn over their cars to us, seeking to avoid problems of drivers is the number one reason. People would rather someone else handle the business of managing the Uber driver.

We understand. There are really some unscrupulous elements that would rather use your cars and not remit as stipulated in the agreement.

We have observed that many cars do not conduct background checks.

- If a driver would not provide the number of the last employer he worked for for verification, it doesn’t matter what he says.

- If he would not show his ratings on Uber and Taxify, he cannot be trusted.

- If he would not do a test drive with you on the highway, at roundabouts, and for those in Lagos, on Third Mainland bridge, how do you ascertain that he didn’t just pay to get his driver’s license.

While it is true that all these do not provide 100% guarantee that all will go well, they will drastically reduce your chances of getting the wrong driver.

It is our observation that body language of the driver during the interview process is also very important. Unfortunately, picking body language clues comes with experience. It can’t be taught.

Perhaps that’s why people just prefer to use our services instead of dealing with the hassles.

*Mistake #3: WORKING CONDITIONS*

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Often, many car owners tend to forget that Uber drivers are humans. They heap on them conditions that prove burdensome.

Car owners are investors and should take the long term view. To be quite frank, asking a drive to remit N35,000 weekly is burdensome in our experience.

You have to remember that it is from the proceeds of the business that the driver would buy fuel for its numerous commutes. It is from the proceeds he will refill for the Air Conditioner. It is from the proceeds he will pay Uber and Taxify their 25% and 15% commissions respectively. It is also from these same proceeds he will likely make minor repairs so he does not have to have to disturb you all the time.

I dare say that the reason there is high turnover rate of drivers in Nigeria is because of these conditions.

For our services, while we have weekly remittances of N30,000, the vast majority of the clients make do with N20,000 per week.

Sounds small? Let’s do some quick maths:

A N35,000 weekly remittance for 12 weeks (96% of drivers quit after the first 2–3 months of rideshare) gives N420,000.

A N20,000 weekly remittance for 12 months (our average turnover rate) gives N960,000.

What’s more? We always have drivers quitting partners with even N30,000 weekly conditions to come work with us. So our car idle rate is the shortest we know. At the time of typing this, we have three cars available, with 7 drivers jostling to drive them.

I will say it again: Drivers are humans. If you make life easy for them, they will also make life easy for you. It’s simple, really.

We also ensure that all our cars are insured, this way heavy repairs do not cost the drivers their arms and legs.

Also, because we understand that Uber driving is a career path, we do our best to provide training and mentorship. We have experienced drivers in our network and they are always there to provide guidance.

If you can provide something like these, you will have less problems.

IN SHORT…

Ride-sharing services like Uber and Taxify are really good investments, but they just have to be done the right way.

Master these 3 areas of Vehicle Type, Driver, and Working Conditions, and you will see a lot of success…

And if you would like to learn more about having a successful ride hailing business (Uber/Taxify), or better still, having us manage your vehicles on Uber and Taxify, then you should check out http://ridearena.ng/landing-page/…


Source: http://ridearena.ng/2019/04/16/reasons-losing-money-uber-business/