I am thinking of purchasing a vehicle and leasing it to one of the reputable cab companies out there. Anyone who has done the same and has any advice or cautions? Thanks.

I once thought of implementing this idea.
I learnt most cab companies prefer Toyota's esp Allions,NZE.
I learn't you cater for most of the expenses e.g service for the car.
They prefer new cars '06/'07 and a company like Kenatco insists on 3 mnths of using the car before they start paying 30k a month.
Its usually on agreed contractual terms.
I felt discouraged considering it's anew car i've bought.

Dig out more and share.

please refer to

http://www.wazua.co.ke/f...aspx?g=posts&t=2952

@Mawinder, you are very right. Stories Kibao, pesa hakuna. It is matatu business done using saloon cars.

Please @Admin,

Join this thread with that @Muheani provided a link to.


The information shared there is just too important for @greenbeat and everyone else intetested to miss.

We've discussed this topic on Wazua endless times.. If you dig around,you'll find threads on the same. It's a very tricky business. Having done it myself,if you're not personally managing the vehicle,then it won't make much sense. It's lucrative but tricky. Search the threads for more insights from various angles