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greenbeat
#1 Posted : Monday, April 15, 2013 6:52:24 AM
Rank: New-farer

Joined: 4/15/2013
Posts: 15
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.
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mawinder
#2 Posted : Monday, April 15, 2013 7:05:57 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
greenbeat wrote:
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 have not dealt with the cab companies before but I lease cars to expatriates and if lucky you can get one to lease yours for 1 year.
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Binti
#3 Posted : Monday, April 15, 2013 10:24:04 AM
Rank: New-farer

Joined: 4/11/2013
Posts: 18
Location: Nairobi
mawinder wrote:
greenbeat wrote:
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 have not dealt with the cab companies before but I lease cars to expatriates and if lucky you can get one to lease yours for 1 year.



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.

Anxious
In God I trust...
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mawinder
#4 Posted : Monday, April 15, 2013 10:31:46 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
Binti wrote:
mawinder wrote:
greenbeat wrote:
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 have not dealt with the cab companies before but I lease cars to expatriates and if lucky you can get one to lease yours for 1 year.



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.

Anxious

If you awant to lose your car or your car to be used for robberies try the business.At best your car will be misused and you will get stories.
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Muheani
#5 Posted : Monday, April 15, 2013 10:39:03 AM
Rank: Veteran

Joined: 11/20/2009
Posts: 1,402
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Mjasirii
#6 Posted : Monday, April 15, 2013 10:52:32 AM
Rank: Member

Joined: 11/8/2012
Posts: 257
For cab companies you have to know who your dealing with.
I do lease vehicles myself planning to venture into cab business in the future after Identifying my niche.
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Gathige
#7 Posted : Monday, April 15, 2013 4:47:30 PM
Rank: Elder

Joined: 3/29/2011
Posts: 2,242
@Mawinder, you are very right. Stories Kibao, pesa hakuna. It is matatu business done using saloon cars.
"Things that matter most must never be at the mercy of things that matter least." Goethe
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greenbeat
#8 Posted : Saturday, April 27, 2013 4:38:59 PM
Rank: New-farer

Joined: 4/15/2013
Posts: 15
Thanks for the responses. Will do further fieldwork then decide and update on progress.
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Museveni
#9 Posted : Saturday, April 27, 2013 8:08:03 PM
Rank: Member

Joined: 8/16/2012
Posts: 661
Muheani wrote:

please refer to

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



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.
Live and learn; and don’t forget, nothing ventured, nothing gained.
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  | | Edit by user: Saturday, April 27, 2013 8:09 PM | Reason: Not specified
Mukiri
#10 Posted : Monday, April 29, 2013 11:03:06 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Get a car and its driver, you'll be in business. Hiring out a car to someone you hardly know is like giving out cash to an investor... they'll first satisfy themselves before (thats if you are lucky) think about you.

Proverbs 19:21
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