1.2 so it won't be too much for the person

MCKitchen:
Dash am person buy another one. That person you dash will return with information and then the second one wey u go buy take am start higher purchase.
OR
Why can't you buy the Keke and cruise around the town get familiar with the agbero routine before you charge person pikin.

I have seen stupid comments in my time but this has to take the cake

That's not the right investment at this time we are in in Nigeria bro.
Just think of other business.

Is 1.5 for keke hire purchase, some city is 1.6 depending on your location

20000 every week.
52 week is 1.04m
Or you can earn it for 1 and half year.

I BEG,JUST LOOK FOR BETA BIZ IE IF U NOR WAN DIE OF HBP!

Michelle70:
Good evening Nairalanmders, I wish to buy Kekenapep and give out as higher purchase.
Buying of the keke is about 1.04m, the truth is I am a bit confused how much the person should pay back in total at the end of the agreement.

How much should I charge him?

Pls this is important to me.

Bro look for something else if you haven't bought the Keke. Most times it doesn't just work out except you want to ride yourself.
Before the movement of Keke was restricted in Lagos, I got one for higher purchase, got the rider all the necessary documents against against all advice to enable him meet up. But guy man run me street. People who are successful in this business are the ones who have the agberos and tauts manage the business for them. Those riders have no choice than stick to the agreement.

Michelle70:
Good evening Nairalanmders, I wish to buy Kekenapep and give out as higher purchase.
Buying of the keke is about 1.04m, the truth is I am a bit confused how much the person should pay back in total at the end of the agreement.

How much should I charge him?

Pls this is important to me.

A keke driver I opened a discussion with some days back told me if he starts on time and work a full day excluding cost of fuelling and charges by agbero and NURTW, he makes between N10k and N15k per month...the guy speaks very well and on further probing I discovered he is a graduate of computer engineering and into programming and software development, he said a job offer brought him to Lagos and the amount he was offered was about N70k monthly...he thought hard about the offer and instead gathered the money he makes from doing jobs for people to buy keke, he gave someone to operate for him by making returns of N4k daily..he said after the first week the guy started missing his targets with all manner of cooked up stories, the rider's truancy continued up until the third week and he had to go retrieve his Keke and started operating it himself...he said he has never regretted going into the business the money he makes in a month hovers between N270k and N300k and he doesn't work every day. He concluded by saying he is saving to leave the country to pursue his passion which is programming...I just immediately liked the guy.

Some of these guys going into these businesses don't look down on them...these country is driving people to do insane things....it takes someone of high principles to shelf cyber crime with that guy's training with no reasonable job...while the useless yahoo boys with little or no ICT background are scamming unsuspecting victims the world over.

Op back to your question....when it comes to transport business there is no one to trust...they might comply the first few weeks and subsequently fall back to what they know best...cheating and lying....so save yourself the stress or go into it yourself.

If it's 1m, hire purchase should be 1.5m...if he/she can deliver 25k weekly, it will be completed in 1year +5months . Pray you get a faithful person who can take it as it's his/hers.

Michelle70:
Good evening Nairalanmders, I wish to buy Kekenapep and give out as higher purchase.
Buying of the keke is about 1.04m, the truth is I am a bit confused how much the person should pay back in total at the end of the agreement.

How much should I charge him?

Pls this is important to me.

Bro look for something else if you haven't bought the Keke. Most times it doesn't just work out except you want to ride yourself.
Before the movement of Keke was restricted in Lagos, I got one for higher purchase, got the rider all the necessary documents against all advice to enable him meet up. But guy man run me street. People who are successful in this business are the ones who have the agberos and tauts manage the business for them. Those riders have no choice than stick to the agreement.

Now, how is this funny ?

This is why most people that have genuine issues or business ideas don't and won't communicate it on this forum because this is what they will get in return..

And to those who likes it also, I wonder what's wrong with them.

I guess you guys are in the same age bracket.

MCKitchen:
Dash am person buy another one. That person you dash will return with information and then the second one wey u go buy take am start higher purchase.
OR
Why can't you buy the Keke and cruise around the town get familiar with the agbero routine before you charge person pikin.

Michelle70:
Good evening Nairalanmders, I wish to buy Kekenapep and give out as higher purchase.
Buying of the keke is about 1.04m, the truth is I am a bit confused how much the person should pay back in total at the end of the agreement.

How much should I charge him?

Pls this is important to me.

First, na hire purchase dem dey call am no be higher purchase.
To you kwesion, na you know how much profit you wan make.
E go depend on the person whe wan ride the korepe and the business area too.
Good luck with your investment.

From us here, involve a good lawyer for the agreement as well as family member of the person that is going to drive it.

Michelle70:
Good evening Nairalanmders, I wish to buy Kekenapep and give out as higher purchase.
Buying of the keke is about 1.04m, the truth is I am a bit confused how much the person should pay back in total at the end of the agreement.

How much should I charge him?

Pls this is important to me.

the truth is that 500k will be your added profit in a year.

so make him pay you 1.5m.

We run it at 1.7m in Ilorin for now .. Weekly deliver at 16k to 20k

Michelle70:
Good evening Nairalanmders, I wish to buy Kekenapep and give out as higher purchase.
Buying of the keke is about 1.04m, the truth is I am a bit confused how much the person should pay back in total at the end of the agreement.

How much should I charge him?

Pls this is important to me.

Bro look for something else if you haven't bought the Keke. Most times it doesn't just work out except you want to ride yourself.
Before the movement of Keke was restricted in Lagos, I got one for higher purchase, got the rider all the necessary documents against against all advice to enable him meet up. But guy man run me street. People who are successful in this business are the ones who have the agberos and tauts manage the business for them. Those riders have no choice than stick to the agreement.

Okay as someone who had 4 bikes - I hope my advice is valuable.
I am routing for you to succeed as the drivers I had were a mixed bunch. 2 were excellent, a 3rd was okay and the 4th was terrible. I would have purchased 6 more but for the last dude.
My strategy was as follows - I started with 2 and once I got investment back after 6months, I bought a 3rd and after 3month, a 4th.

Now to as money back - You are looking for either N20k for 18months = ( 78weeks) = 1.5M ( So you collect the amount every week, Its deposited in your agreed account)
Or you can ask N30k for 12months ( 52 weeks) = 1.56M ( Quite aggressive)

I was informed that those bikes are heavily restricted in Lagos now and therefore no longer quite as successful as before.
You also have to plan for weeks when the bike might be seized, accidented, driver sick, holidays or when the driver would just vanish into thin air.
All the best bro !

Michelle70:
its for higher purchase and the person will incure all expenses, the only thing is for him to just gimme money, if the keke spoil, na him own quota him go use repair am.

modified thanks to those correcting me that its hire purchase and not higher, na figures I like to count and not grammar lolz

Lalasticlala abeg try epp me change am to hire to avoid unnecessary mentions that has nothing to do with the answer

Use that money and start a personal business , you will regret it if you buy this keke

LollySeaSide:

First, na hire purchase dem dey call am no be higher purchase.
To you kwesion, na you know how much profit you wan make.
E go depend on the person whe wan ride the korepe and the business area too.
Good luck with your investment.

Savage I was wondering what the " Higher Purchase" was about.. Thanks for clarifying

hysteresis:

What sort of illogical and incoherent comment is this?
The recklessness in this comment of yours illustrates the type of personality you potary.

he was on weed mood effect

Decide

fidelmarshal199:
Op, please listen to what these comrades are telling you. Most of the time it ends in tears because of some reasons which are, the rider may abscond with the ride, he may got himself involved in an accident even in his first month, Trust me the lifespan of a keke will never remain the same after an accident.

Very true, 9 out 10 keke drivers don't know how to use the road, didn't attend drivingbschool anywhere and lack common sense.

Bus and motor car drivers do the crucial part of their driving for them, in order not to commit manslaughter

hysteresis:

What sort of illogical and incoherent comment is this?
The recklessness in this comment of yours illustrates the type of personality you potary

Na potray you wan spell so ? @the bolded

Zonefree:
Keke business

Give to another person to remit you? For this Nigeria? Make sure you ready for high blood pressure on a steady.

am into keke business, hire purchase is now 1m 450hundered and 50 thousand ......

Zonefree:

Whether higher purchase or lower purchase, it usually ends in fight and problems.

figures kee u there

Bro e better make you use your money carry 2odd giving out vehicle on higher purchase na hypertension your wan incure be that except if you get confirm madness for head or if you get agbero for head or else they go frustrate you

Good evening Nairalanmders, I wish to buy Kekenapep and give out as higher purchase.
Buying of the keke is about 1.04m, the truth is I am a bit confused how much the person should pay back in total at the end of the agreement.

How much should I charge him?

Pls this is important to me.

Keke higher purchase is around 2.2m now , the economy is not really good for anyone at the moment . I will advice you give it out for 1.8m , get the information of guarantors too very important . Let your lawyer draft up an agreement for you

Keke Hire Purchase isn't as lucrative as you hear, believe me.Kindly note also you wouldn't be able to keep the proceeds together so i would advise setting up a unisex saloon would be more profitable.

When yorrobanza man wan start business,na BiGGY WAHALA!_(fela)

Thebest12:


Na potray you wan spell so ? @the bolded

Even you sef got it wrong! WAHALA for English language! it's portray!

Add N200,000 to the amount, but the kekenapep is now expensive, it was less than a million some months ago.

This is a business, i can not invest in, safety issues and the menace of agberos. The physical and mental drain on the driver in the hot scorching sun is no child's play. The reckless driving by maruwa drivers, lastma issue, police extortion, illegal charges etc...., The driver may breakdown healthwise if the hp term are unrealistic...
I would advise you to invest in korope or uber business, if you can get additional funding.