wazua Mon, Apr 20, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages123>»
A minibus or rent a car?
Options
Previous Topic · Next Topic
mlennyma
#1 Posted : Wednesday, July 24, 2013 7:44:18 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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."
Back to top
WWW
  |
McReggae
#2 Posted : Wednesday, July 24, 2013 7:49:39 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Go individual if you can bro.....easier with lesser stress.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
Back to top
  |
mawinder
#3 Posted : Wednesday, July 24, 2013 8:11:27 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
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.
Back to top
  |
mlennyma
#4 Posted : Wednesday, July 24, 2013 8:19:03 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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."
Back to top
WWW
  |
limanika
#5 Posted : Wednesday, July 24, 2013 8:55:24 PM
Rank: Veteran

Joined: 9/21/2011
Posts: 2,032
Kijana, unless you will be driving the matatu / taxi yourself on a day to day basis, run away very fast from this transport biz
Back to top
  | | Edit by user: Wednesday, July 24, 2013 8:56 PM | Reason: Not specified
mawinder
#6 Posted : Wednesday, July 24, 2013 9:03:25 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
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.
Back to top
  |
newfarer
#7 Posted : Wednesday, July 24, 2013 9:39:23 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
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
Back to top
  |
Gathige
#8 Posted : Thursday, July 25, 2013 8:29:19 AM
Rank: Elder

Joined: 3/29/2011
Posts: 2,242
@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
Back to top
  |
deadpoet
#9 Posted : Thursday, July 25, 2013 8:34:43 AM
Rank: Member

Joined: 9/27/2006
Posts: 506
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.
Back to top
  |
mlennyma
#10 Posted : Thursday, July 25, 2013 8:56:01 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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."
Back to top
WWW
  |
4 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Groups Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.