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How is the Car Hire Business?
totolao
#1 Posted : Wednesday, November 18, 2015 2:28:11 PM
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Joined: 11/17/2015
Posts: 6
Location: Nairobbery
Is there any Wazua out there who can shed some light or in simple terms anyone who has any infor on how the car hire business (saloon cars)goes, what are the returns in case you lease out your car to a credible company.
Whether you think you can or think you can't, YOU ARE RIGHT!!
Prime
#2 Posted : Wednesday, November 18, 2015 6:40:23 PM
Rank: Member


Joined: 2/27/2011
Posts: 518
totolao wrote:
Is there any Wazua out there who can shed some light or in simple terms anyone who has any infor on how the car hire business (saloon cars)goes, what are the returns in case you lease out your car to a credible company.


I think this has been covered before. Tafuta archives
dunkang
#3 Posted : Tuesday, December 01, 2015 2:03:51 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
totolao wrote:
Is there any Wazua out there who can shed some light or in simple terms anyone who has any infor on how the car hire business (saloon cars)goes, what are the returns in case you lease out your car to a credible company.


The term "Car Hire" can mean a number of arrangements.


For most, you give them your car so as they engage in Taxi business with it using their drivers. Rates vary, but a common one is 40,000/= to 50,000/=. One major downside is that they take like forever to release funds, so, if its a bank loan, UTAJIONGELESHA! Also, since you've given your car away, expect to write it off in less than 5 years.

Strategy has always been to dispose off a unit once you repay the loan and use the salvage value as a deposit for a "newer" one. This way, you always have the "newest" and "fashionable" car.
Receive with simplicity everything that happens to you.” ― Rashi

Wainadi
#4 Posted : Friday, December 18, 2015 11:31:09 AM
Rank: Member


Joined: 8/6/2013
Posts: 640
totolao wrote:
Is there any Wazua out there who can shed some light or in simple terms anyone who has any infor on how the car hire business (saloon cars)goes, what are the returns in case you lease out your car to a credible company.

Word of advise, don't give out your car, people hire those car for road trips and safaris to their shags with bad roads.
Its all good.
mugz
#5 Posted : Friday, February 12, 2016 3:53:49 PM
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Joined: 1/31/2007
Posts: 26
GRANARY CAPITAL MICROFINANCE wrote:
Granary Capital Limited. We offer auto-logbook loans within 24 hours of application at friendlier terms than others. Give me a call at 0705959451

Laughing out loudly Laughing out loudly

Sober
#6 Posted : Friday, February 12, 2016 9:30:22 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
mugz wrote:
GRANARY CAPITAL MICROFINANCE wrote:
Granary Capital Limited. We offer auto-logbook loans within 24 hours of application at friendlier terms than others. Give me a call at 0705959451

Laughing out loudly Laughing out loudly


This guy is yet to give his out for the taxi and you already want to give them a loan on log books. SMH
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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