i would like to be giving out my car in the morning at 7.30am after i drive to work in CBD can i make some money in taxi business anyone with experiencies please share Better days are ahead

@richsure Of course you can make cash in cab biz,but those hours...?cabs are busiest during after work hours,so maybe you wont make that much during the few daytime hours...but it's worth a try anyway. Do you plan to lease your car to an individual? to a company or how do you plan on doing it? Advice is what we ask for when we already know the answer but wish we didn't..

It is true,there is money in this but the rush hour is the best time to capitalize on. I could sell to you a 1992 Toyota 100 model and see how this works. I have two in the taxi business and looking to sell one for easier management. Call me 0722964558 if interested,for viewing. 350k ono

I have had friends make money in taxi business. But a full-time arrangement works best. Many taxi company 'outsource' their fleet these days. Jatco,and even the small companies do so. Every company has its own rates,but i am told that new cars fetch you 40K per month and older ones e.g. KAY and below would fetch you 30K and less per month. Also,toyotas are preffered. Nissans are less of a preference. You would be suprised how well Vitzs are catching up in the taxi business,the guzzle less are good on profits. You do need a stable insurance policy though,and a genuine tracking system on your car! Ask around around,its a biz worth doing. All the best!