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A minibus or rent a car?
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Iam weighing between buying a car and renting it or teaming up with other 3guys who can afford 1.2m capital we buy a 33 seater psv minibus.which car hire firm pays the best like 50k per month.second who can raise 1.2m we meet and talk? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi
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Go individual if you can bro.....easier with lesser stress. ..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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mlennyma wrote:Iam weighing between buying a car and renting it or teaming up with other 3guys who can afford 1.2m capital we buy a 33 seater psv minibus.which car hire firm pays the best like 50k per month.second who can raise 1.2m we meet and talk? With 10 per cent you qualify for a 33 seater from financiers like KCB,NIC,CFC,visit GM,get a proforma invoice,then head to Riverroad and print bank statements with a good turnover and you have your bus.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Iam ready to pay 30% my problem is the financer,but if i fail to get i will buy and rent a car. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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Kijana, unless you will be driving the matatu / taxi yourself on a day to day basis, run away very fast from this transport biz
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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mlennyma wrote:Iam ready to pay 30% my problem is the financer,but if i fail to get i will buy and rent a car. I guess the financier wants bank statements.Go to Keekorok road which is adjacent to Riverroad and get bank statements tailored to suit the financier but as @limanika has said,think twice especially in Nairobi.For upcountry long routes may be yes.
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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mawinder wrote:mlennyma wrote:Iam ready to pay 30% my problem is the financer,but if i fail to get i will buy and rent a car. I guess the financier wants bank statements.Go to Keekorok road which is adjacent to Riverroad and get bank statements tailored to suit the financier but as @limanika has said,think twice especially in Nairobi.For upcountry long routes may be yes. mawinder haki your solutions!!!! punda amecheka
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Rank: Elder Joined: 3/29/2011 Posts: 2,242
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@mlennyma, I think only Maina Njenga's group makes money in the transport business. If you have a thick skin, try and report one year later. All the best "Things that matter most must never be at the mercy of things that matter least." Goethe
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Rank: Member Joined: 9/27/2006 Posts: 503
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I think buying and renting a car may be the way to go. If you can get a Voxy or a Noah type of vehicle you may be able to get upwards of 40k per month from a car hire firm.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Thankyou @deadpoet i will do that,and it will save me the borrowing headache as i will afford cash...how is virgin tours?or a better firm!suggestions most welcome. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 9/27/2006 Posts: 503
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heard that Rana car hire is good. Got no contacts though.
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Rank: Elder Joined: 6/21/2008 Posts: 2,490
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deadpoet wrote:I think buying and renting a car may be the way to go. If you can get a Voxy or a Noah type of vehicle you may be able to get upwards of 40k per month from a car hire firm. But consider 1. Do they pay 2. Monthly car maintenance costs. The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
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Rank: Member Joined: 11/8/2012 Posts: 257
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@mlennyma bring the car I will pay you handsomely on monthly basis.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Are u a credible company?i wont deal with an indivindual..how much would you pay?email:mlennyma@yahoo.com "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 2/9/2012 Posts: 576
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mawinder wrote:mlennyma wrote:Iam ready to pay 30% my problem is the financer,but if i fail to get i will buy and rent a car. I guess the financier wants bank statements.Go to Keekorok road which is adjacent to Riverroad and get bank statements tailored to suit the financier but as @limanika has said,think twice especially in Nairobi.For upcountry long routes may be yes. ooh my goodness so this actually happens.I didn't have the slightest clue. Africa belongs to Africans.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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wazuaguest wrote:mawinder wrote:mlennyma wrote:Iam ready to pay 30% my problem is the financer,but if i fail to get i will buy and rent a car. I guess the financier wants bank statements.Go to Keekorok road which is adjacent to Riverroad and get bank statements tailored to suit the financier but as @limanika has said,think twice especially in Nairobi.For upcountry long routes may be yes. ooh my goodness so this actually happens.I didn't have the slightest clue. Even corporates do it.They even have 3 sets of audited accounts i.e for tenders,bank use and the actual ones.If you have a scanner,printer and computer you can make bank statements and then make a bank rubber stamp to legitimize them.
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Rank: New-farer Joined: 7/12/2013 Posts: 28 Location: Nairobi
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mawinder wrote:
Even corporates do it.They even have 3 sets of audited accounts i.e for tenders,bank use and the actual ones.If you have a scanner,printer and computer you can make bank statements and then make a bank rubber stamp to legitimize them.
Nowadays any serious company asking for statements check with your bank. The embassies long discovered our innovative traits of showing up with Grogan Rd certificates and other supporting documents. These days, verification of those documents is just a phone call away! 
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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I dont want to become a prisoner instead of a businessman by forging documents.let me present what iam. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 6/26/2011 Posts: 46 Location: Embakasi, Nairobi
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mawinder wrote:mlennyma wrote:Iam weighing between buying a car and renting it or teaming up with other 3guys who can afford 1.2m capital we buy a 33 seater psv minibus.which car hire firm pays the best like 50k per month.second who can raise 1.2m we meet and talk? With 10 per cent you qualify for a 33 seater from financiers like KCB,NIC,CFC,visit GM,get a proforma invoice,then head to Riverroad and print bank statements with a good turnover and you have your bus. Really???? The stars will never align, & the traffic lights of life will Never go green at the same time.
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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mawinder wrote:mlennyma wrote:Iam weighing between buying a car and renting it or teaming up with other 3guys who can afford 1.2m capital we buy a 33 seater psv minibus.which car hire firm pays the best like 50k per month.second who can raise 1.2m we meet and talk? With 10 per cent you qualify for a 33 seater from financiers like KCB,NIC,CFC,visit GM,get a proforma invoice,then head to Riverroad and print bank statements with a good turnover and you have your bus. Hiyo nina shaka. The last time I approached the lion (last one year) they informed me they only offer asset finance for corporates. AMA walibadilika? Life is like playing a violin solo in public and learning the instrument as one goes on.
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