Hello fellow Kenyans,

For sometime this year, i had been using hired cars while waiting for my new one to arrive frm Japan (but do i say). Quite a number of friends got to know abt my contact with the car-hire guys. Since then, I get more than three calls every weekend from people asking me to get them cars to hire. I have since concluded that the demand for such cars is indeed high and unsatisfied. While thinking of getting into the business, a few of the people i sought advise from discouraged me a lot citing lots of risks and losses. What in essence are the risks associated with this business? Are there any experienced Car-hirers in here who can help explain all the discouragements?

Ok….the wish frm jans trading?
There is no business without risks…if your guts are directing you that way…wewe enda!

Cases of car theft ndio nyingi……..fix good anti-theft devices.
magari kugongeshwa na clients……client accidents
High insurance premiums.
Unless you don’t anticipate many customers…you need enough cars……hire frm friends
When you hire from someone…you guarantee to pay them monthly….wakati hakuna job utafanya?

The return of the business and demand is so high.
in any business risk is alive but there comes a word call mitigation strategies.

1. your should be car tracked but not necessary
2. Do not advertise in the media
3. Just do networking business where referral is the key thing
4. if possible get companies or NGOs to hire them

We do it...ask us

@ njaramba what's your contact? Got a car i could give out.Lets talk.my email k.snoopie@hotmail.com

I have been involved in this business and it was a nightmare. On paper it looked lucrative but in reality very little money got into my pocket. One thing I noticed is that those who hire cars are a different breed of drivers. The cars always had scratches and dents when returned and following up on repairs was a headache. My Mondays used to be spent at the garage after hiring the vehicles over the weekend. I realised most of those who hired cars were people who did not want to use their own cars in the rough rural roads as they went to shags. One day I received a call informing me that one of the cars was at a police station with the windscreen shattered. Apparently the person who had hired the car had been stoned (plus the car) by some people and then locked up in the cells. Having the car released was a nightmare...and the hirer couldn't foot the bill for the repairs since he was in the cells! My life has been very peaceful since I switched to some other business.

I have friends who have gotten into this business and I have been adamant because I see no arithmetic sense.The only person who seems to gain is the Car Hire company owner.In most cases all major repairs and insurance plus licenses are paid for by the car owner.Those cab drivers also don't seem to care about your car since they will get another one after yours can no longer serve clients.
I have even seen some guys taking out small loans to buy the car which I think is wrong since the car will be worn out before loan maturity date.My assumption all through is that the returns are between 35-40k/month.Insurance plus licenses adds to 75k p.a

Can someone please tell us how they have made it through this business (mathematically) that is....