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Rank: Member Joined: 2/27/2011 Posts: 518
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1. Seat fabrication (before negotiation)45k (Ngara)
2. Floor (Before negotiation) 12k
3. Paint work - imani shuttles 30k
4. Insurance - around 8k PER MONTH (Third Party)
5. Psv advance tax 720 X 11 = around 8K
6. Inspection = 6k
7. Change of back windows = 17k (To confirm whether single or both)
8. Speed Governor = 6k
9. Tyres - Apollo 195 R 15 (4 Tyres @ 8500) = 34k
10. TLB - Not sure of amount
11. Turbo timer = 6k
12. Joining fee = 200k. Payable in installments. Additional mat 50 k.
I will confirm the costs once I start.
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Rank: Member Joined: 2/27/2011 Posts: 518
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matatuman wrote:@Mawinder. The turbo charged box (KDH200) consumes less than the 5L engines. It is however tricky since the drivers we employ dont know how to handle turbo charged engines and has known fuel injector issues. The petrol version (TRH200) consumes same fuel as existing 5L diesel engines. Matatuman, Eventually I think petrol engine box vans will be more. The difference in duty between 2.5L Diesel (KDH)and the 2.0L Petrol (TRH) is over 250k. Thats a lot of cash.
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Rank: Member Joined: 2/27/2011 Posts: 518
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jerry wrote:matatuman wrote:@Jerry I haven't owned the 3000CC engine. That box however has the 1KD-FTV engine which is more thirsty and less powerful than the 2500CC 2KD-FTV engine. If you choose diesel i would suggest you go with the 2500CC. The engine has more power than you will ever need. Personally i am replacing my 5Ls with the 2000cc petrol box (TRH200).
Quick question for those who have imported lately (Prime...) With the new rules barring individuals from operating. Who do you specify as the consignee on the bill of lading when importing the vehicle? Is it you or your Sacco/company? Also is there a deadline for registering the 14 seaters or will it still happen next year? Thanks @matatuman. Good concerns too. I believe the SHARKS will continue being registered come next year. I urgently need an ans to issue of consignee as I have just won a unit in Japan Auction today! Have it in your name. Otherwise you will have sold your car to the sacco. It will still be registered but you will have to belong to a sacco. Thats my take. Now on an urgent issue. Hope the shark is not a 2006 unit because it is definitely late to import a 2006 car because the last ship leaves japan today 7th dec, to arrive on 30th dec. If it is a 2007 unit then I hope it is a january of february unit. otherwise hiyo duty utalipa!! woooii! if its a march unit then request them to hold till feb before shipping. What company did you use for the auction?
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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bird_man wrote:kaifastus wrote:From these discussions one gets the impression that ROI in matatu industry is quite good even compared to real estate. I have just completed the ground floor of 7 self contained units in nakuru at prime area(eastmore estate. total cost 4.1m. I haven't factored the cost of land. monthly net returns after removing 7% agent fee is 48,500pm. investment in matatu less than 2m.return 68-100k net! wth! what's this hype about real estate really. I HUMBLY think we are not doing proper calculations here & we could be making misleading statements. For Real Estate for the net of 48,500pm you could deduct: 1.Land rates 2.Annual repairs For matatu 68-100K net....we deducted the following: 1.Annual Insurance 2.Service costs & parts 3.PSV Licenses 4.Sacco fees ....then we can see what profit is actually left.We could be confusing profit with cash-flow.You might make some 50K per month but by the time you get home you have 5K in your pocket. I beg to differ. The 68k nett I talked of is nett of EVERYTHING, incl. maintenance, fuel, insurance, salaries, etc. SACCO fees, at least for me, is a one-off, not monthly affair. The reason 3k daily works to 68k monthly (and not 90k) is coz costs such as maintenance, local authority and insurance are a monthly rather than a daily affair, and the fact that we do not work on Sundays. Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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Prime wrote:1. Seat fabrication (before negotiation)45k (Ngara)
2. Floor (Before negotiation) 12k
3. Paint work - imani shuttles 30k
4. Insurance - around 8k PER MONTH (Third Party)
5. Psv advance tax 720 X 11 = around 8K
6. Inspection = 6k
7. Change of back windows = 17k (To confirm whether single or both)
8. Speed Governor = 6k
9. Tyres - Apollo 195 R 15 (4 Tyres @ 8500) = 34k
10. TLB - Not sure of amount
11. Turbo timer = 6k
12. Joining fee = 200k. Payable in installments. Additional mat 50 k.
I will confirm the costs once I start. 6. Inspection =  Is this pre-registration inspection? Kawaida is usually about 1000-1500/= payable at KRA halafu unaenda kwa inspection department with that official receipt. 10. TLB = 2,500/= p.a. Do not forget, too, that the speed governor cert has to be renewed annually, the sticker displayed on windscreen and the cert produced when applying for, or renewing TLB. Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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matatuman wrote:@Jerry I haven't owned the 3000CC engine. That box however has the 1KD-FTV engine which is more thirsty and less powerful than the 2500CC 2KD-FTV engine. If you choose diesel i would suggest you go with the 2500CC. The engine has more power than you will ever need. Personally i am replacing my 5Ls with the 2000cc petrol box (TRH200).
Quick question for those who have imported lately (Prime...) With the new rules barring individuals from operating. Who do you specify as the consignee on the bill of lading when importing the vehicle? Is it you or your Sacco/company? Also is there a deadline for registering the 14 seaters or will it still happen next year? A SACCO official just told me, weka jina lako as the consignee. The SACCO will come in at the point of issuance of the TLB operating license. Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Member Joined: 2/27/2011 Posts: 518
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Rankaz13 wrote:Prime wrote:1. Seat fabrication (before negotiation)45k (Ngara)
2. Floor (Before negotiation) 12k
3. Paint work - imani shuttles 30k
4. Insurance - around 8k PER MONTH (Third Party)
5. Psv advance tax 720 X 11 = around 8K
6. Inspection = 6k
7. Change of back windows = 17k (To confirm whether single or both)
8. Speed Governor = 6k
9. Tyres - Apollo 195 R 15 (4 Tyres @ 8500) = 34k
10. TLB - Not sure of amount
11. Turbo timer = 6k
12. Joining fee = 200k. Payable in installments. Additional mat 50 k.
I will confirm the costs once I start. 6. Inspection = Is this pre-registration inspection? Kawaida is usually about 1000-1500/= payable at KRA halafu unaenda kwa inspection department with that official receipt. 10. TLB = 2,500/= p.a. Do not forget, too, that the speed governor cert has to be renewed annually, the sticker displayed on windscreen and the cert produced when applying for, or renewing TLB. Rankaz... hebu tumia mimi number ya your inspection jamaa... I found it weird also. By the way... cheers mukuru!!
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Rank: Member Joined: 12/5/2013 Posts: 224
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Rankaz income figures tally with mine. Over time i have noticed that the net income you get depends on your driver i.e. how lazy or thieving he is. My vehicles ply the Muranga Nairobi route. @Prime. The 17k for the back windows should be for both, when i did it it cost me 7k each, total 14.
@Prime: Lucky you got a manual. Maybe we should all share info on the exporters we have relied on on CIF prices, i noticed they tend to overprice units if you are not a dealer. I have brought mine from Tomisho and Al Ain Japan.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Rankaz13 wrote:Prime wrote:1. Seat fabrication (before negotiation)45k (Ngara)
2. Floor (Before negotiation) 12k
3. Paint work - imani shuttles 30k
4. Insurance - around 8k PER MONTH (Third Party)
5. Psv advance tax 720 X 11 = around 8K
6. Inspection = 6k
7. Change of back windows = 17k (To confirm whether single or both)
8. Speed Governor = 6k
9. Tyres - Apollo 195 R 15 (4 Tyres @ 8500) = 34k
10. TLB - Not sure of amount
11. Turbo timer = 6k
12. Joining fee = 200k. Payable in installments. Additional mat 50 k.
I will confirm the costs once I start. 6. Inspection = Is this pre-registration inspection? Kawaida is usually about 1000-1500/= payable at KRA halafu unaenda kwa inspection department with that official receipt. 10. TLB = 2,500/= p.a. Do not forget, too, that the speed governor cert has to be renewed annually, the sticker displayed on windscreen and the cert produced when applying for, or renewing TLB. Does it include the switch for disabling the speed governor? As for the cash,do you collect from the Sacco offices or does the driver handle the cash?
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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mawinder wrote:Rankaz13 wrote:Prime wrote:1. Seat fabrication (before negotiation)45k (Ngara)
2. Floor (Before negotiation) 12k
3. Paint work - imani shuttles 30k
4. Insurance - around 8k PER MONTH (Third Party)
5. Psv advance tax 720 X 11 = around 8K
6. Inspection = 6k
7. Change of back windows = 17k (To confirm whether single or both)
8. Speed Governor = 6k
9. Tyres - Apollo 195 R 15 (4 Tyres @ 8500) = 34k
10. TLB - Not sure of amount
11. Turbo timer = 6k
12. Joining fee = 200k. Payable in installments. Additional mat 50 k.
I will confirm the costs once I start. 6. Inspection = Is this pre-registration inspection? Kawaida is usually about 1000-1500/= payable at KRA halafu unaenda kwa inspection department with that official receipt. 10. TLB = 2,500/= p.a. Do not forget, too, that the speed governor cert has to be renewed annually, the sticker displayed on windscreen and the cert produced when applying for, or renewing TLB. Does it include the switch for disabling the speed governor? As for the cash,do you collect from the Sacco offices or does the driver handle the cash? The switch is entirely up to you, the wiring guy atakuwekea kile unataka. Personally, I don't have it as it's not worth the risk. Hiyo fine siwesmek buana. Cash collections are ordinarily up to you as the operator. You may choose to have the SACCO as your agent, or get it directly from your employees. Personally I favor the latter because of flexibility in terms of hours of operation. Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Member Joined: 2/27/2011 Posts: 518
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matatuman wrote:Rankaz income figures tally with mine. Over time i have noticed that the net income you get depends on your driver i.e. how lazy or thieving he is. My vehicles ply the Muranga Nairobi route. @Prime. The 17k for the back windows should be for both, when i did it it cost me 7k each, total 14.
@Prime: Lucky you got a manual. Maybe we should all share info on the exporters we have relied on on CIF prices, i noticed they tend to overprice units if you are not a dealer. I have brought mine from Tomisho and Al Ain Japan. Thanks matatuman. At least I have a good idea on what I should negotiate to.Is yours a shuttle or normal mat? As fir the manual transmission, ilikuwa ni bahati. I think what we should now focus on more is on who has the best auction terms. What I can tell you is that papera is a no-go zone when it comes to auctions. Their commissions are way too high. You cant even beat the rates they offer for their units. Which beats the purpose of the auctoin in the first place. Let me check out Tomisho and al ain.
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Rank: Member Joined: 12/5/2013 Posts: 224
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Mine are shuttle operated. I started out as normal matatus but i almost commited murder. Drivers fleece you proper. Something i notice you haven't factored in your budget is a tracker. I suggest you go with Tramigo, gives you trip reports so you dont have to call your driver asking how many trips he has done. Its only 20k and saves you lots of headaches.
I haven't had the guts to use the auction yet by myself but i have been checking out Trade Haus Logistics (auction.japantradecar.com) and they seem the cheapest by far. Only charge you a flat fee of 90K yen per unit.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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matatuman wrote:Mine are shuttle operated. I started out as normal matatus but i almost commited murder. Drivers fleece you proper. Something i notice you haven't factored in your budget is a tracker. I suggest you go with Tramigo, gives you trip reports so you dont have to call your driver asking how many trips he has done. Its only 20k and saves you lots of headaches.
I haven't had the guts to use the auction yet by myself but i have been checking out Trade Haus Logistics (auction.japantradecar.com) and they seem the cheapest by far. Only charge you a flat fee of 90K yen per unit. That's like 100,000/=¡! Who takes care of JEVIC, marine Ins , de-registration...? Are we expecting 14 seaters continued registration for commuter service in 2014? The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 12/5/2013 Posts: 224
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jerry wrote:matatuman wrote:Mine are shuttle operated. I started out as normal matatus but i almost commited murder. Drivers fleece you proper. Something i notice you haven't factored in your budget is a tracker. I suggest you go with Tramigo, gives you trip reports so you dont have to call your driver asking how many trips he has done. Its only 20k and saves you lots of headaches.
I haven't had the guts to use the auction yet by myself but i have been checking out Trade Haus Logistics (auction.japantradecar.com) and they seem the cheapest by far. Only charge you a flat fee of 90K yen per unit. That's like 100,000/=¡! Who takes care of JEVIC, marine Ins , de-registration...? Are we expecting 14 seaters continued registration for commuter service in 2014? That covers their commission and deregistration/issue of an export certificate. They will invoice you for jevic which you must inform them 20k yyen, any inland transport fees from the auction house to the exit port(usually specified on the auction site), plus the cost of repairs if any that may be needed for your vehicle to pass jevic. 90k yen is cheap compared to others like integrity exports. Unless you know someone in Japan who can buy the vehicle for you. You also need to pay for freight and insurance since the auction price is fob. I am not sure about registration next year, I had asked the same in a previous thread. Anyone with info?
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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jerry wrote:matatuman wrote:Mine are shuttle operated. I started out as normal matatus but i almost commited murder. Drivers fleece you proper. Something i notice you haven't factored in your budget is a tracker. I suggest you go with Tramigo, gives you trip reports so you dont have to call your driver asking how many trips he has done. Its only 20k and saves you lots of headaches.
I haven't had the guts to use the auction yet by myself but i have been checking out Trade Haus Logistics (auction.japantradecar.com) and they seem the cheapest by far. Only charge you a flat fee of 90K yen per unit. That's like 100,000/=¡! Who takes care of JEVIC, marine Ins , de-registration...? Are we expecting 14 seaters continued registration for commuter service in 2014? That's not yet clear. For now, the info I have is that matatu SACCOs countrywide have been asked to submit their inventories to TLB. I'm told the TLB wants to compare the new registrations against the slots that had been allocated to the respective matatu SACCOs. Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
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tmatekwa wrote:I incurred heavy loss from careless drivers, extortionist law enforcers, thieving crews, and incompetent mechanics.
This is a business where the owner pays himself last.
I cashed out, invested in land and have watched my wealth grow without sweating Interesting, considering you are an old timer in the business. TULIA.........UFUNZWE!
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Rankaz13 wrote:jerry wrote:matatuman wrote:Mine are shuttle operated. I started out as normal matatus but i almost commited murder. Drivers fleece you proper. Something i notice you haven't factored in your budget is a tracker. I suggest you go with Tramigo, gives you trip reports so you dont have to call your driver asking how many trips he has done. Its only 20k and saves you lots of headaches.
I haven't had the guts to use the auction yet by myself but i have been checking out Trade Haus Logistics (auction.japantradecar.com) and they seem the cheapest by far. Only charge you a flat fee of 90K yen per unit. That's like 100,000/=¡! Who takes care of JEVIC, marine Ins , de-registration...? Are we expecting 14 seaters continued registration for commuter service in 2014? That's not yet clear. For now, the info I have is that matatu SACCOs countrywide have been asked to submit their inventories to TLB. I'm told the TLB wants to compare the new registrations against the slots that had been allocated to the respective matatu SACCOs. I hear even as at today there are quite a number of "sharks" awaiting registration/TLB. We need to be cautious whatever that means! The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 2/27/2011 Posts: 518
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jerry wrote:Rankaz13 wrote:jerry wrote:matatuman wrote:Mine are shuttle operated. I started out as normal matatus but i almost commited murder. Drivers fleece you proper. Something i notice you haven't factored in your budget is a tracker. I suggest you go with Tramigo, gives you trip reports so you dont have to call your driver asking how many trips he has done. Its only 20k and saves you lots of headaches.
I haven't had the guts to use the auction yet by myself but i have been checking out Trade Haus Logistics (auction.japantradecar.com) and they seem the cheapest by far. Only charge you a flat fee of 90K yen per unit. That's like 100,000/=¡! Who takes care of JEVIC, marine Ins , de-registration...? Are we expecting 14 seaters continued registration for commuter service in 2014? That's not yet clear. For now, the info I have is that matatu SACCOs countrywide have been asked to submit their inventories to TLB. I'm told the TLB wants to compare the new registrations against the slots that had been allocated to the respective matatu SACCOs. I hear even as at today there are quite a number of "sharks" awaiting registration/TLB. We need to be cautious whatever that means! True jerry. I have been told by the sacco board guys that the deadline for registration for 14 seaters is 31st dec. Mine arrives on 30th dec courtesy of papera (I bought it in early October). Guess my goose is cooked. Im racking my brains for plan B incase there will be no extension of registration. Life must go on.
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Rank: Member Joined: 12/5/2013 Posts: 224
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Prime wrote:jerry wrote:Rankaz13 wrote:jerry wrote:matatuman wrote:Mine are shuttle operated. I started out as normal matatus but i almost commited murder. Drivers fleece you proper. Something i notice you haven't factored in your budget is a tracker. I suggest you go with Tramigo, gives you trip reports so you dont have to call your driver asking how many trips he has done. Its only 20k and saves you lots of headaches.
I haven't had the guts to use the auction yet by myself but i have been checking out Trade Haus Logistics (auction.japantradecar.com) and they seem the cheapest by far. Only charge you a flat fee of 90K yen per unit. That's like 100,000/=¡! Who takes care of JEVIC, marine Ins , de-registration...? Are we expecting 14 seaters continued registration for commuter service in 2014? That's not yet clear. For now, the info I have is that matatu SACCOs countrywide have been asked to submit their inventories to TLB. I'm told the TLB wants to compare the new registrations against the slots that had been allocated to the respective matatu SACCOs. I hear even as at today there are quite a number of "sharks" awaiting registration/TLB. We need to be cautious whatever that means! True jerry. I have been told by the sacco board guys that the deadline for registration for 14 seaters is 31st dec. Mine arrives on 30th dec courtesy of papera (I bought it in early October). Guess my goose is cooked. Im racking my brains for plan B incase there will be no extension of registration. Life must go on. @Prime: Easy, nobody is sure of the deadline or if there is any at all.
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Rank: Chief Joined: 5/9/2007 Posts: 13,095
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Very educative/inspiring thread just at the right time.
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