Stats: 3,185,399 members, 7,926,140 topics. Date: Tuesday, 20 August 2024 at 10:35 AM |
Nairaland Forum / Nairaland / General / Business / If You Are Uber Partner In Lagos, Please Share Your Experience Here (5031802 Views)
If You Are (uber/Taxify (bolt) e-hailing Partner In Port Harcourt, Come In. / If You Are Uber Partner In Abuja, Please Share Your Experience Here / See How To Register As An Uber Partner In Lagos Or Abuja (2) (3) (4)
(1) (2) (3) ... (4002) (4003) (4004) (4005) (4006) (4007) (4008) ... (5756) (Reply) (Go Down)
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Pearl1910: 7:50pm On Sep 01, 2021 |
CheerfulGiver: Good and detailed analysis, but we have to level the playing field. Assumptions: 1) Both drivers earn the same amount every week. 2) Rental driver should be saving to buy same car that HP guy is paying for. 3) Spend roughly same amount 4) 6days work a week Now that field is leveled let's compare. Gross 150k/week about 25k minimum a day Net (of fuel and commission) is 90k/week Rentals fee 30k Balance 60k HP Fee 35k Balance 55k Deduct living expenses of 30k/week for both men Rentals Savings 60-30= 30k/week HP savings 55-30= 25k/week Now let's assume servicing and repairs gulps 20k every month. That amounts to 240k a year. (U did this analysis on shocks, linkages, hub etc some time ago) At the end of Year 1 Rentals guy has 1.5m - 120k(half of repair cost) HP guy has 1.250m - 240k Savings at the end of year 1 Rentals guy 1.3m HP guy 1m What are the lessons? So at the end of Year 1, rentals guy has 30% more cash than HP guy. Assuming price of d car doesn't change in the next 1yr...Rentals guy buys his own car and saves more since he no longer pays rentals fee. A few more months HP guy can also afford another car. Even while still paying for the first car. You see that first car that was direct tokunbo used and managed by the HP guy, d rentals guy will need prayer and fasting to get a 1 or 2yr used and well maintained car to buy at that price. Don't go for a very expensive car if u want to do HP. 9 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by YeyeGbami: 8:06pm On Sep 01, 2021 |
mejai: I’m starting to prefer to do all my driving on mainland, 2 short trips within mainland will fetch me what a long trip to lagoon will gimme. Bad road better pass flood, then to see trip back to mainland another headache. I set destination on sat night to ikeja from addo rd ajah till i reach oshodi i no hear anything. 1 Like |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Felicity001(m): 8:59pm On Sep 01, 2021 |
CheerfulGiver: What an ironic mentality! You just shot yourself in the foot! So please tell me how a driver on rental can drive 12 months stretch without having a change of partner. Show me how please. You should be educated and experience enough to known that there's a huge gap btw the classroom and the industry. So go back and tear that write up paper you did up there in shame! There is no biding clause that states owner partner can't retrieve, call for personal use of his car or terminate at will in a rental agreement. There's no rental I'd taken where is was agreed that come what may driver will have a particular renting tenor or period before a review or termination of rental contract. A good rental agreement should have a quit notice should any partner whats out, but in this line of business, there's virtually non. So should any of these happens what happens to the driver's savings? He'll starve or watch his family die of hunger pending when he gets another job(car)? On the other hand (HP), there is a biding agreement hiding both parties mutially together till end of contract so 'puchasie' does not have any right whatsoever to retrieve car unless a clause as been bridged over time. A hard working driver according to you who does a 1000 miles weekly is suppose to be able to upset a payment of 4m witin a year with a BAZ001 low millage car (also according to you) of 170k-miles because for you to do a 1000miles weekly your earnings should be nothing short of 150k after all deductions and fueling. Same car should do 12months without having any major fault. So if you can be honest enough to have done the math together with me you'd agreed that it's very possible to remit 100k weekly. 60k for bolt comm, 30-40k to fuel and the remaining to whatever. In 10months that driver is done with payment. And car is his. Mind you tue shorter the lesser. Don't doubt it young man, some drivers have good customer's relationship and driving skills so some good Inter state trip can give them 100-200k without haven to drive 1000miles... Don't doubt it... I've experienced and i's haf sin. Now argue with yourself 7 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Josephase: 9:00pm On Sep 01, 2021 |
My oga, I really like how you give good information with big facts. I want to have your mentality. CheerfulGiver: 1 Like |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Josephase: 9:02pm On Sep 01, 2021 |
I lost my condenser to that flood pope191: 3 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by northbird: 9:04pm On Sep 01, 2021 |
YeyeGbami: Though not constant, ikoyi is a better place if you are looking for mainland trips on weekends. 3 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by CheerfulGiver: 9:17pm On Sep 01, 2021 |
Pearl1910:I was waiting for you... ![]() Nice analysis. It's good you referenced my earlier posts. Though you didn't mention the car suggestions in that post. I'll continue from where you stopped, even though I have other pathways, I'll use yours. At the end of year one, rental guy has 1.5m and decides to buy a Kia Rio. A Kia Rio is way less than 1.5m. You dare not doubt the reliability of the Kia Rio or it suitability for the job. I'll refer you to a post made by Carshopper who has a fleet of Kia Rios, going strong for him years after. https://www.nairaland.com/2653841/uber-partner-lagos-please-share/389#63793821 I deliberately used a corolla in my analysis, but this was my end game. At the end of year 1, rental guy has 1.5m and decides to buy a Kia Rio. He buys a Kia Rio and continues his hustle. Now let's look at your own analysis again. Gross 150k/week about 25k minimum a day Net (of fuel and commission) is 90k/week Rentals fee 30k Balance 60k HP Fee 35k Balance 55k Deduct living expenses of 30k/week for both men HP savings 55-30= 25k/week Now let's assume servicing and repairs gulps 20k every month. That amounts to 240k a year. (U did this analysis on shocks, linkages, hub etc some time ago) At the end of Year 2 Ex Rentals guy has 3m - 240k(half of repair cost) HP guy has 1.250m - 240k Savings at the end of year 2 Rentals guy 2.76m HP guy 1m Now look at this Kia Rio and tell me if it looks abused. Found it on jiji for a asking price of 1.4 . I could price it to 1.25 1 Like
|
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by northbird: 9:18pm On Sep 01, 2021 |
People living around agungi ajiran road, how do you deal with the flooding. Last Saturday, took a lady from ikeja to one estate around there, when it got to a point, I had to turn back, she was yapping that, is it not other cars going..... Bla bla. BTW, some drivers on rental bad sha, I mean some guys were still plodding through the deep water like that. , haba, pity the owner na. .... Back to the story. I told her. Me: if this car stops in this flood, Will you push the car for me? She couldn't answer. We had to turn back and follow the Osapa London route ( after she made a call to one of her friends who suggested a route) to connect to the back of agungi ajiran. Anything flood, you are on your own, if your car gives up in the flood. Tomorrow, she will still order another car to come and pick her. Na you and mechanic go dey reason how to resuscitate the Golden goose. 15 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by CheerfulGiver: 9:20pm On Sep 01, 2021 |
Felicity001:You must be very dumb to think only drivers on HP do interstate trips. Whatever a guy on HP does, a rental guy can do with lesser pressure and expenses. If a guy can stick to a car on HP for 2 years, what makes you think that same guy if he had chosen rental won't drive a rental for just one year? You type before thinking and you type without thinking. 5 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by CheerfulGiver: 9:24pm On Sep 01, 2021 |
New month started as planned. One more trip and it's good night... 1m, receive me with open arms.. Devising a means to make extra 185k... 1 Like
|
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by davit: 9:34pm On Sep 01, 2021 |
You mean you kept your AC running inside water? pope191: 1 Like |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by YeyeGbami: 9:58pm On Sep 01, 2021 |
northbird: Noted |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by MoonlightDrive: 10:00pm On Sep 01, 2021 |
CheerfulGiver: Ceteris Paribus ... drivers reading your post, the choice is yours, do you want to work under a condition of uncertainty (rental deal) or work under a condition of certainty! (Hire purchase) A word of advice is good enough for the wise. Thanks for the data crunching effort, 2 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by IFEBARBIE: 10:00pm On Sep 01, 2021 |
mini, yes davidwemby: |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by mejai(m): 10:08pm On Sep 01, 2021 |
northbird:Exactly! Ur car na ur office. No let riders mess u up and they will waka like tolotolo. Sympathizing words, thereafter, will not fix ur car o. 1 Like |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by MoonlightDrive: 10:09pm On Sep 01, 2021 |
CheerfulGiver: Your Diet plan for the rest of this week would be appreciated. Some drivers are failing misreably to achieve this target because of poor eating habits. 2 Likes
|
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Pearl1910: 10:47pm On Sep 01, 2021 |
northbird: Ikoyi? Weekend ![]() Ikoyi ke. Which part of Ikoyi abeg...in my 4yrs plus Ikoyi is one of d worst locations...I remember that time Uber placed permanent X1.2 in some areas just to encourage drivers to be in those areas. Ikoyi was always one of those areas cos few trips so drivers r always scarce. Then come be weekend again, weekdays even try small during closing hours but weekend Ikoyi is like a graveyard. U will sleep and wake up and sleep again, u will think ur network is bad or something is wrong with ur phone/app...but d moment u cross Lekki bridge into Lekki or falomo bridge into VI trip will enter. Another time u get trip in Ikoyi is after midnight clubbing on Awolowo. Asides these times na prayer and fasting...very very unlikely. 9 Likes 1 Share |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Pearl1910: 11:06pm On Sep 01, 2021 |
CheerfulGiver: Car is Still sharp. Now, If Rental guy plans to buy Kia Rio then u should have used same car for HP guy. That way he wouldn't pay 35k/week or use 2yrs to pay up his HP. So now at the end of year 2 Rental guy has a car and 2.7m enough to buy 2cars naija used. Or 1tokunbo car with change. HP guy has a car and 2m enough to buy a naija used car with change. All things being equal, Rental guy is better off. But HP guy had more security and assurance of this coming to pass than d rentals guy. Because his destiny is in his hands. My view of HP is It's another route...I see it like getting a car loan. 4 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by VaselineCrew: 12:13am On Sep 02, 2021 |
Thanks to all you guys on this thread with the helpful information. Even in the middle of your fighting, one can still deduce some useful info, so grazie!! 2 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by VaselineCrew: 12:24am On Sep 02, 2021 |
This job has been stressful at times to say the least. I’m already tired, but then I see some dashboards and I’m like how? How do you guys do it? Na wa! In lekki here, I’ve had to cancel some trips where the pick up was flooded badly, yet I’d see some small Corolla risking it all and going through the flood. I wonder to myself, is that a resident that knows the roads and water depth, or is that a do a die e-hailer. Today I saw one market road and I just weak, see mountains and valleys, the riders then told me, it’s okay, I can pass another route. I was almost about to start crying as I had already committed to the trip. First week I lost a tyre, a radiator hose that was actually already failing, and an intermittent Check Engine light. Well the good thing is that I made enough money to get a new hose and a tyre, but the check engine light is still pending, as I’d rather buy a scanner than pay someone 5k. I need to use one weekend to tour some parts of Lagos so I can increase my acceptance rate and income, especially the mainland because right now, I reject all mainland trips. You guys on this thread are awesome sha, God bless and protect you all. 8 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by FuckEveryday: 1:14am On Sep 02, 2021 |
Do people really drive by dis tym ![]()
|
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by davit: 1:47am On Sep 02, 2021 |
Yes. I saw some trips like these when coming out of Shores Hotel around 2 am 2 days ago. Ironically, some drivers still collect the BS fares by that time of the day. FuckEveryday: 2 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by dru23(m): 3:47am On Sep 02, 2021 |
brosiye99: Cost of imported goods has gone up. Even the ever popular Mobil 20w50 xhp went from 5k naira to 8500 to 9k naira.......... So if u looking for cheaper engine oil .. You are only asking for trouble.....for example cost of tokunbo Camry 4plugs engine is about 500k not including labour etc ..... Even getting a good Tokunbo is another topic on its own ......... My brother choose your poison wisely ![]() 1 Like 1 Share |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by dru23(m): 3:49am On Sep 02, 2021 |
Pearl1910: 1 Like
|
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Felicity001(m): 4:01am On Sep 02, 2021 |
Thank you pearl1910 for that great analysis of yours at least it saves me time because I was also gonna talk about that b4. Most drivers who have seen light in this hustle are mostly products of HP. A rental doesn't transient to owning a car automatically, after 1yr car still belongs to owner. Exclude the possibilities of not having a particular partner for long even, it take discipline and grace to save to own a car now in this country. A good 9ja used Corolla 06 is nothing short of 1.4m now. Pray you're not the first son of the family tell me how well you can save to achieve that. We talk realities and possibilities here not mentalities or true confessions else believers love world'ers would have taken all the good things of this life. Do you know how many times the woman that just gave birth after 10yrs of waiting have been forthked before having that child? And someone with little or no experience about life is coming here to show us paper work. Oya come do am for real life make we see na. Cheerfulgiver oya tell us how u got ur first ride, how long did you drive before being able to get that ride. Was it through savings from rentals or through hp or family helping out? Even if you like don't say it but every smart person here knows how. I don't expect you to answer because you've never been helpful with info here, all you do is talk cheap. I don't talk cheap, I back my opinions with practical experiences of life. What is obtainable and not what is unattainable. Why do you think we are doing all these? It's for those coming after us to be able to learn from our own mistakes. So sooner or later I'll be sharing my pasted experiences in subsequent posts about how I was able to acquire my first and other rides after several attempts of rentals and hp deals that didn't turn out well. Life is full of ups and downs, you don't plan for it neither do you wish for them, it's the way it was designed by its maker so an understanding to that effect is needed to maneuver the obstacles of life. Do you wait to be hit by an unfortunate event in life? No! Rather you learn from those before you because the life you've is just a little fraction of the life itself. So learn from experience people. 7 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by BAZ001: 4:27am On Sep 02, 2021 |
XGhost: My fear is that if I change oil now, it might affect the engine of my low mileage Camry, let me just continue with my palm oil. Hol up hol up! We at oyel seller will not like this news Our very own Supertech oil is coming and I’m a brand ambassador. Just exercise a lil more patient [img]https://media./images/0a714b7628d39672ea63e27bb9a84fe5/tenor.gif[/img] 2 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by northbird: 5:57am On Sep 02, 2021 |
Pearl1910: Ikoyi,has always delivered for me in the evenings. Awolowo road, rumens, reeves, glover. I can't circle these places twice on a Saturday without getting a mainland trip. I have been in Osapa before waiting for over an hour, no show, enter phase 1,still no show, before I cross to Ikoyi. 2 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by dru23(m): 6:54am On Sep 02, 2021 |
BAZ001:
|
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by BAZ001: 6:55am On Sep 02, 2021 |
CheerfulGiver: This new months I also declare 1 million naira receive me with open arms. I think 1 million, I speak 1 million, I sleep 1 million. 1 million I see you coming to me. I’m motivating myself this morning .... and devising a means to join d ant leagues. [img]https://media1./images/1edbb2c6a4c9dbad14048f225ff76438/tenor.gif?itemid=10901446[/img] 4 Likes |
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by dru23(m): 6:58am On Sep 02, 2021 |
BAZ001: 2 Likes
|
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by tojahh(m): 6:58am On Sep 02, 2021 |
Na here we dey 4 Likes
|
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by FuckEveryday: 7:01am On Sep 02, 2021 |
davit:Omo nawa o! Wat if police hold u? ABI curfew no dey again ![]() Omo as rain dey fall dis morning, naso I open one eye put on app to see Wazz goin on..Red Blood cells littered everywhere. Damnnn I say mk I set destination to Ogun state weda I go catch one maga inside that 1.9 ..Stupid bolt talk say my inspection don expire ![]() The thing pain me gaaaaaan ![]() 2 Likes 1 Share |
(1) (2) (3) ... (4002) (4003) (4004) (4005) (4006) (4007) (4008) ... (5756) (Reply)
Football (+Other Sports) Betting Season 12 / ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ / Bankers For Baba-Ijebu (Premier-Lotto).
Viewing this topic: lexzyy(m) and 10 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 107 |