wazua Fri, Jan 10, 2025
Welcome Guest Search | Active Topics | Log In | Register

Car Hire Services
kivairu
#1 Posted : Tuesday, April 21, 2009 10:06:00 AM
Rank: Member


Joined: 3/5/2008
Posts: 532
Location: Nairobi
Hi sk ..need some advise here... i'm getting two new premios(KBH). I intend to put these cars into car hire services to generate some income. i'm actually looking for the best returns possible cuz i will need to service the loan..Anybody with knowlegde/experience to share and advise me on this venture? How much can each car earn per month for me? Thanks in advance....hertzmulusa@yahoo.com

Fear not says the Lord

Strive not to be a success, but rather to be of value. –Albert Einstein.
Kimuti
#2 Posted : Tuesday, April 21, 2009 11:28:00 AM
Rank: Member


Joined: 5/8/2008
Posts: 9
@ Kivairu.

There are some important facts that you need to consider. Will you manage the vehicles yourself or will you give to a hire company? coz if to a company they pay around 35-40K per month.(some are lousy,they delay your money) if you manage yourself,what will be your estimate income considering you need to service a loan? How do you go about getting clients?

I am in the business and what I can tell you is,the level of usage of a hire car is extremely high. you find on a average a vehicle does 5,000 KM per month and requires servicing monthly. this is coz an average hirer takes a vehicle for long distances and so wear and tear is quite high. Again you could give to the cab companies and some just abuse your car.

Having said that,if you have consistent business,at an average income of 45K per month,the returns are quite decent as long as you maintain 'newish' vehicles that wont break down alot.

IMO,if you could get good drivers,its better to do Taxi coz they average an income of 35K a month and wont do more than 2000 Kilometers per month thus reducing wear and tear.

just my 2 cents.




Life is a gift,sustained by your contribution
PONDI
#3 Posted : Tuesday, April 21, 2009 12:06:00 PM
Rank: Veteran


Joined: 5/8/2007
Posts: 885
you buy the 2 cars then come asking for advice .... very smart. in business 101 we learnt that first you get the idea,then research then execute... not the other way round... ama you inherited the cars??

He who laughs last thinks slowest..
kivairu
#4 Posted : Tuesday, April 21, 2009 12:50:00 PM
Rank: Member


Joined: 3/5/2008
Posts: 532
Location: Nairobi
Thanx kimuti..much appreciated. i wont manage this myself cuz i have a day job. Do you have an idea of what companies can give best returns?
Quick question here....do the security firms that transport cash give good returns? You know the escort cars that drive behind the main cash-carrying cars? if i get such a deal should that be good? Since the cars just deliver cash to ATMs at short distances the KM/month should be less and the cars are not misused after delivering cash.what do you think? Possible to get such contracts?

Fear not says the Lord

Strive not to be a success, but rather to be of value. –Albert Einstein.
Waria
#5 Posted : Tuesday, April 21, 2009 1:05:00 PM
Rank: Member


Joined: 10/11/2007
Posts: 213
Well said @ pondi

@ kivuiru....you seriously need to do some homework...this topic has been overdicussed here at sk. See that green bar on the top right hand side with the words'search'?- good place to start


Me first,U next
Kimuti
#6 Posted : Tuesday, April 21, 2009 1:26:00 PM
Rank: Member


Joined: 5/8/2008
Posts: 9
If you can get a contract with the security companies,that would be a good deal. Perhaps you should try talking to them to find out how they procure the escort vehicles. As for good Hire companies,I might not help you there. one man's meat is another's poison. I could have offered to take them onboard contractually but we are covered for now. May be when there is excess demand like in most weekends. The catch is weekends alone will never generate enough return for you.

Life is a gift,sustained by your contribution
hogsonkeisha
#7 Posted : Saturday, September 13, 2014 8:58:59 AM
Rank: Hello


Joined: 9/13/2014
Posts: 1
It's good to spend a penny for a shuttle services than of looking around for the best transportation.

Thanks,
Thatcher, Arizona Shuttle
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.