keraka wrote:This thread is mostly about the customer experience side.Any wazuan who has tried investing in the business to share the experince and average returns. I have severally had a chat with the drivers and if they are to be bealived(One actually showed me his dailly summary) the returns averaging Kshs.5000 isnt bad.
I was really interested and had even engaged a car dealer to get one on higher purchase, but thinking twice after researching on the same. I have info from a driver and an investor. The driver(known him for over 20yrs)said there was a month he made 220k for his boss think earlier on, but margins have now reduced and are in the ranges of 70-80k p.m.
The investor has been there for about three months and received 110k 1st month and 80k second month. This is the 3rd month and his driver tells him things are now not very good and he may not make the target of 80k. The investor says a neighbor of his was in and has pulled out his car coz returns have dwindled.
Apparently Uber is signing up very many cars. He advises against getting a car on loan as it may be a challenge paying the installments,especially if the loan is so huge. Am still gathering more info.
Any other wazuan with info on returns?
"The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski