AutosAbuja:

How do I do this? My car is a Canadian model.
Thanks

Some people have the tools to decode the Canadian specs vehicles for a small fee, Example the bestrades guy who usually advertises his business here from time to time

Atk1nson:


Probably for many years now cheerful has indicated (with strong evidence) that he does a million a month.

Why would he be on rentals? Something's not adding up.

Generally though, the problem with fast money is that without discipline, it goes fast also.

The greater challenge with the business is that you have little control over how it goes. You don't control the price of petrol, the price of cars, the cost of servicing, government regulations, fares offered. It makes the driver very dependent on the factors outside his control. While drivers are often very industrous, the inability to control many factors in the business makes it a bit challenging to plan long term and leverage the business to do other things.

An office person, though may earn less has more control over how things go and has a large pool of employers he can switch to to hedge his risks. The presence of some sort of control, gives the office person better leverage to plan long term and more easily make moves.

I am still trying to understand this control you speak of in your last paragraph is it the type of control we had when fuel price jumped from N185 to N600 or when the cost of transportation to and from the office trippled overnight? Or when food prices quadrupled over a space of one month? Or when kids schools and landlords increased their fees? Or now that we are still waiting for those in charge to implement the minimum wage increament? what is your own definition of the word CONTROL ?

And for your information, the simple reasons that made cheerfulgiver consider taking up a rental was

1. Lowest fuel costs

2. Lowest/No maintenance costs

3. Lowest rental fee compared to other alternatives

4. No need to spend intensive capital to buy/acquire said rental type of vehicle

Why do you think those who mocked him for his sound decision over 8 months ago are now falling over themselves to apply for the same rental deal he is currently enjoying? Even those with their own personal vehicles are not able to accomplish what he is accomplishing upon having sole ownership and control of their own vehicles.

Getting and controlling fast cash is an individual thing, if you aren't cut out for it then you need to work on yourself rather than blame the cash for coming in too fast

Some passengers are evil

For a mid to high earner, rentals may be the best IYKYK

Conner44:


I am still trying to understand this control you speak of in your last paragraph is it the type of control we had when fuel price jumped from N185 to N600 or when the cost of transportation to and from the office trippled overnight? Or when food prices quadrupled over a space of one month? Or when kids schools and landlords increased their fees? Or now that we are still waiting for those in charge to implement the minimum wage increament? what is your own definition of the word CONTROL ?

And for your information, the simple reasons that made cheerfulgiver consider taking up a rental was

1. Lowest fuel costs

2. Lowest/No maintenance costs

3. Lowest rental fee compared to other alternatives

4. No need to spend intensive capital to buy/acquire said rental type of vehicle

Why do you think those who mocked him for his sound decision over 8 months ago are now falling over themselves to apply for the same rental deal he is currently enjoying? Even those with their own personal vehicles are not able to accomplish what he is accomplishing upon having sole ownership and control of their own vehicles.

Getting and controlling fast cash is an individual thing, if you aren't cut out for it then you need to work on yourself than blame the cash for coming too fast

Typical armchair analysis bereft of any sense as per usual. You agree with everything he says and does, wether right or wrong. Yet you haven't picked up one of those moove cars and resign from your low paying job, since driving moove cars by cheerfugiver is now the new gold rush. Mumu.

Personal Assistant to the MD of a Trading Company.
Candidate must be male.
Aged between 25-35yrs.
Must be computer literate, skilled in planning and organizing and know how to drive and have a drivers licence.
Location Surulere.
Salary 150k per month.
Interested Candidate should send CV to onskonlimited@gmail.com.

XGhost:
For a mid to high earner, rentals may be the best IYKYK

I can't say for sure, but why would someone who can afford a car choose to rent instead?

If a car owner makes 100k with 35k in fuel expenses, while someone renting makes 100k with 25k in fuel expenses due to engine capacity/consumption, that's a 10k difference. Wouldn't that difference still impact the weekly delivery?

I get that maintenance costs won't be a concern for the renter, but what about time flexibility & as an owner, you might feel less pressure...

Conner44:


I am still trying to understand this control you speak of in your last paragraph is it the type of control we had when fuel price jumped from N185 to N600 or when the cost of transportation to and from the office trippled overnight? Or when food prices quadrupled over a space of one month? Or when kids schools and landlords increased their fees? Or now that we are still waiting for those in charge to implement the minimum wage increament? what is your own definition of the word CONTROL ?

And for your information, the simple reasons that made cheerfulgiver consider taking up a rental was

1. Lowest fuel costs

2. Lowest/No maintenance costs

3. Lowest rental fee compared to other alternatives

4. No need to spend intensive capital to buy/acquire said rental type of vehicle

Why do you think those who mocked him for his sound decision over 8 months ago are now falling over themselves to apply for the same rental deal he is currently enjoying? Even those with their own personal vehicles are not able to accomplish what he is accomplishing upon having sole ownership and control of their own vehicles.

Getting and controlling fast cash is an individual thing, if you aren't cut out for it then you need to work on yourself than blame the cash for coming too fast

I get you point, everyone is impacted by the circumstance of the economy but an office person probably can respond better to factors that threatens his income in a more steady manner or long term plan. That is why most banks will rather loan funds to an employee than a small business owner.

See examples of control -

- an office person can has a base pay he can use to plan long term. If you are earning 100k a month, all things being equal, you are able to better project than someone who could earn 200K one month and 20K the next month because his car is faulty of lastma seized the car.

When the petrol price goes up, an office person can actively target hybrid or remote roles to cut costs. They can move closer to their place of work. As an ehailing driver, petrol price goes up and undercuts your profits, you are more constraint and can only respond in a limited manner. You are dependent on the ehailing platform to raise prices. You may try to do offline or some other things to push prices higher, but that could cost you your place in that platform which makes it risky.

cheerful being on rental does not add up. Except the leasor is operating at a loss, cheerful's profit is being undercut by the leasor. Not forgetting the leasor likely has restrictive covenants that limits the free use of the car to pursue his aims.

It's like tinubu claiming to save trillions from oil & FX subsidy removal and yet going on a borrowing spree in spite of high oil prices. It doesn't add up.

TheModerator:


Typical armchair analysis bereft of any sense as per usual. You agree with everything he says and does, wether right or wrong. Yet you haven't picked up one of those moove cars and resign from your low paying job, since driving moove cars by cheerfugiver is now the new gold rush. Mumu.

Mschew everybody you managed to bewitch to follow you with your lies and libels are now regretting you even turned around to insult over half of them after they realised your uselessness on this thread

Abeggi, miss me with your failure and bulshitz jor. Go and frolic with your fellow failures elsewhere

Atk1nson:


I get you point, everyone is impacted by the circumstance of the economy but an office person probably can respond better to factors that threatens his income in a more steady manner or long term plan. That is why most banks will rather loan funds to an employee than a small business owner.

See examples of control -

- an office person can has a base pay he can use to plan long term. If you are earning 100k a month, all things being equal, you are able to better project than someone who could earn 200K one month and 20K the next month because his car is faulty of lastma seized the car.

When the petrol price goes up, an office person can actively target hybrid or remote roles to cut costs. They can move closer to their place of work. As an ehailing driver, petrol price goes up and undercuts your profits, you are more constraint and can only respond in a limited manner. You are dependent on the ehailing platform to raise prices. You may try to do offline or some other things to push prices higher, but that could cost you your place in that platform which makes it risky.

cheerful being on rental does not add up. Except the leasor is operating at a loss, cheerful's profit is being undercut by the leasor. Not forgetting the leasor likely has restrictive covenants that limits the free use of the car to pursue his aims.

It's like tinubu claiming to save trillions from oil & FX subsidy removal and yet going on a borrowing spree in spite of high oil prices. It doesn't add up.

Lets look closely at the points in my prior post shall we?

1. Lowest fuel costs

2. Lowest/No maintenance costs

3. Lowest rental fee compared to other alternatives

4. No need to spend intensive capital to buy/acquire said rental type of vehicle

1. Downgrading his work tool (vehicle) from having a 1.8L engine to one that has a tiny 0.9L engine results to an over 50% savings on fueling alone. This means he makes more cash per kilometer than before.

2. The lessor is in charge of all maintenance on the vehicle in question (emphasis on ALL) which means he spends zero naira on maintenance and only has to make out time once in a while to undertake such a procedure. You know how high the prices of regular maintenance materials have increased recently?

3. Paying circa N9,500 to N10,000 daily is a fair amount for rental remittance based in the factors outlined above. Some others on rental pay lower but still end up spending more on fuel and the eventual vehicle's maintenance whenever the need arises.

4. A similar vehicle as that in question being leased would cost circa N28 Million naira new and to see a good tokumbo would cost between N5 Million to N7 million as its purchase price. Nigerian used can be gotten for maybe less but definitely higher than N3 Million naira with its accompanying issues which must be sorted out before it's use.

Then concerning your submission below

cheerful being on rental does not add up. Except the leasor is operating at a loss, cheerful's profit is being undercut by the leasor. Not forgetting the leasor likely has restrictive covenants that limits the free use of the car to pursue his aims.

It adds up when you come to the realisation that the said individual does not plan to be an ehailing driver all his life so why spend so much on the vehicle itself (remember the vehicle is only good for minimising fueling costs while hustling, it has limited space and power for regular personal/family use) and spend more on regular maintenance when you can just rent it for a period of time to achieve your set goals after which you return the vehicle by terminating its contract at the realisation of your goals? I know you might say he should have bought the vehicle for himself, finish with his hustling and then rent it out further or sell it to recoup his investment but then not everyone is cut out for such practices in the first place. It's an individual decision plus his lessor has thousands of such contracts/vehicles on the roads so running at a loss won't matter much since they are operating on a large scale.

I myself have been independent and employed so I know the differences between the two circumstances and in my opinion it's not a one shoe fits all kind of decision. It is an individual decision that must be respected by all no matter what divide you fall on. As for having access to loan facilities, both employers and financial institutions will grant you loans if you have a steady inflow of cash in you account be you a salaried or business man. Just show your statements and the rest is history so I don't see why the idea of borrowing money will factor in such a decision (unless you'd want to argue that ehailing drivers aren't business men in which case I'd say you should reconsider your opinion on such a matter)

That someone earns 500k monthly, save a quarter of it for rainy days/projects, run his household and bills with the rest then can still borrow millions from his employer to repay over many months is not bad BUT it is not a solution for everybody. Example, an SSCE holder who has no tertiary education but has a skill . . . DRIVING is his skill, it is because if people like this person that we have such a thread as this. If you have degrees and certifications then you can consider other employment opportunities unlike our unlearned friend with just a school cert

So in essence all I'm trying to say is that it's an apples to oranges comparison that should never be a talking theme of this thread. There is a job/vacancy section for such discussions elsewhere on this forum 🙄

Atk1nson:


Probably for many years now cheerful has indicated (with strong evidence) that he does a million a month.

Why would he be on rentals? Something's not adding up.

Generally though, the problem with fast money is that without discipline, it goes fast also.

The greater challenge with the business is that you have little control over how it goes. You don't control the price of petrol, the price of cars, the cost of servicing, government regulations, fares offered. It makes the driver very dependent on the factors outside his control. While drivers are often very industrous, the inability to control many factors in the business makes it a bit challenging to plan long term and leverage the business to do other things.

An office person, though may earn less has more control over how things go and has a large pool of employers he can switch to to hedge his risks. The presence of some sort of control, gives the office person better leverage to plan long term and more easily make moves.

An office person earning 200k monthly is better than a driver earning 200k weekly?

You're willing to sacrifice your integrity to say that a yearly gross income of 1.2m of an office person is way better than a yearly net income of a bolt driver at 9.6m just because you want to minimize the hustle? Because the driver has no discipline, according to you.

Makes no sense, but what do I know?

I'll rather eat 200k suya monthly and still have 600k left, than be any sort of slave that leaves home before 5am and gets home past 10pm because of 200k. God forbid.

Make una enjoy the office work.

In 30 days of November working less than 25days, I earned almost 1.7m but a person earning 200k a month is doing better.

I agree. That's why I only abuse and curse. The absurdity on this thread is astonishing.

There were 21 working days in the month of November. I drove for 251 hours throughout this month, out of 720 hrs available in the whole month, and I made almost 1.7m.

That's an average of 11.9 hours for each of the 21 days.

That's less hours than an office worker will put in to earn a paltry sum of 200k.

The hate for drivers on this thread is beclouding common sense.

People will sell their integrity as long as it means saying driving is bad. I love the meltdowns tho.

Say whatever you want DATA doesn't lie.

Atk1nson:


Probably for many years now cheerful has indicated (with strong evidence) that he does a million a month.

Why would he be on rentals? Something's not adding up.

Generally though, the problem with fast money is that without discipline, it goes fast also.

The greater challenge with the business is that you have little control over how it goes. You don't control the price of petrol, the price of cars, the cost of servicing, government regulations, fares offered. It makes the driver very dependent on the factors outside his control. While drivers are often very industrous, the inability to control many factors in the business makes it a bit challenging to plan long term and leverage the business to do other things.

An office person, though may earn less has more control over how things go and has a large pool of employers he can switch to to hedge his risks. The presence of some sort of control, gives the office person better leverage to plan long term and more easily make moves.

Some takes dey amaze me.
When u are talking about this office work to compare with ehailing, pls include the salary range so that one can properly comprehend, digest and critique your point.
Currently Palmpay is offering me 300k loan, I can collect 500k from GTB and I have gotten upto 3m from Renmoney.

Even though u are arguing left and right, I can conclude you are saying if an Ehailing driver has financial discipline and management then he is far better than a salary earner. Am I right?

Data doesn't lie.

This is November transactions on Opay.

I don't even understand the comparison.

Pearl1910:


Some takes dey amaze me.
When u are talking about this office work to compare with ehailing, pls include the salary range so that one can properly comprehend, digest and critique your point.
Currently Palmpay is offering me 300k loan, I can collect 500k from GTB and I have gotten upto 3m from Renmoney.

Even though u are arguing left and right, I can conclude you are saying if an Ehailing driver has financial discipline and management then he is far better than a salary earner. Am I right?

Won't admit. Expect some gibberish type of answer to defend the indefensible.

I see the thread finish long time ago. I only check in once in a while to save those who need saving.

This is yesterday earnings from 2 separate guys on telegram group.

These niggas grossed more than I did yesterday. I only grossed 101,000.

It's no longer about cheerfulgiver. A generation of high earners has arisen from this thread. While you all castigate and say stupid shit_, serious people on this same thread are implementing and improving strategies.

Who's that 200k earning baga?

CheerfulGiver:
There were 21 working days in the month of November. I drove for 251 hours throughout this month, out of 720 hrs available in the whole month, and I made almost 1.7m.

That's an average of 11.9 hours for each of the 21 days.

That's less hours than an office worker will put in to earn a paltry sum of 200k.

The hate for drivers on this thread is beclouding common sense.

People will sell their integrity as long as it means saying driving is bad. I love the meltdowns tho.

Say whatever you want DATA doesn't lie.

Rest for once. All these millions you are calculating and projecting here to us, no be your account e dey? I don't know your expectations of people, should we all gather and start clapping for you? It's your money, enjoy it and let the office man with his 200k breath. So what do you expect the man that earns 200k to do right now? No dey follow poor man drag coat for wardrobe since you have tagged yourself as "successful". Abi something dey worry you?

You come here yearly to show us millions that you make monthly since 2017, you should worth hundreds of millions going by that. Instead, you were showcasing an internet house that is not yours. All these your shenanigans have expired, no one cares anymore about your silly cries. Just gettat make we see road. Na you dey earn millions, na you dey cry on top.

Conner44:


Mschew everybody you managed to bewitch to follow you with your lies and libels are now regretting you even turned around to insult over half of them after they realised your uselessness on this thread

Abeggi, miss me with your failure and bulshitz jor. Go and frolic with your fellow failures elsewhere

Rat wey dey shadow ever get value?

August 2023.

Still true today.

TheModerator:


Rest for once. All these millions you are calculating and projecting here to us, no be your account e dey? I don't know your expectations of people, should we all gather and start clapping for you? It's your money, enjoy it and let the office man with his 200k breath. So what do you expect the man that earns 200k to do right now? No dey follow poor man drag coat for wardrobe since you have tagged yourself as "successful". Abi something dey worry you?

You come here yearly to show us millions that you make monthly since 2017, you should worth hundreds of millions going by that. Instead, you were showcasing an internet house that is not yours. All these your shenanigans have expired, no one cares anymore about your silly cries. Just gettat make we see road. Na you dey earn millions, na you dey cry on top.

Lolzzz... Painment, all I see is u having a mental meltdown psychological breakdown, and emotional damage. What u feed on is the grief, tears and complains of drivers.
All of una wey don chop witchcraft for this thread angry and bitter at peoples success will get what u deserve one by one. What u

Mentor me Odogwu

CheerfulGiver:
Call me whatever you want. Proud, arrogant, not humble - I don't give 2 shits_

I have stayed true to everything I've ever said. From my first post on this thread, to this very one, same thing.

If your salary is 200k and below, resign the stupid job and join the hustle.

I remember when I was screaming that phrase at the top of my voice on this thread. The same set of el stupidos on this thread were the most vocal against people leaving the corporate world. I remember they said you'll fall sick, have eye problem, all types of nonsense. I'm a painful reminder to them to never ever thrash talk anything they don't fully understand.

Now I've have your full salary in 3 days and you've not even been paid this month.

The irony.

Next year is another year. Choose wisely who you listen to.

Pearl1910:


Lolzzz... Painment, all I see is u having a mental meltdown psychological breakdown, and emotional damage. What u feed on is the grief, tears and complains of drivers.
All of una wey don chop witchcraft for this thread angry and bitter at peoples success will get what u deserve one by one. What u

Person wey dey mental home. Na nurse phone he dey always borrow.

2RightHands1Coc:
Mentor me Odogwu

send me a mail giveranonymous77@gmail .com.

Excess mentors don dey on different topics. People wey sabi pass me sef

Please help me for rentals I need it badly I have good ratings on indrive am Babatunde by name

🍷👏👍

CheerfulGiver:
send me a mail giveranonymous77@gmail .com.

Excess mentors don dey on different topics. People wey sabi pass me sef

CheerfulGiver:
Rat wey dey shadow ever get value?

no mind the idi0t. His tears are salty and sweet

2RightHands1Coc:
Mentor me Odogwu

Are you sure you're ready to learn? no be to dey abuse and insult those who go mentor you tomorrow oh 😒

Pearl1910:


Lolzzz... Painment, all I see is u having a mental meltdown psychological breakdown, and emotional damage. What u feed on is the grief, tears and complains of drivers.
All of una wey don chop witchcraft for this thread angry and bitter at peoples success will get what u deserve one by one. What u

He's the chief witch on this thread it's good that everybody has seen his uselessness sha, those he swindled have since regained their senses.

Only the few 'haters' that remain on this thread still look up to him to make them feel alive all of them are cowards who hide behind burner accounts to troll those who are far better than them I every ramification.

I always pity him whenever cheerfulgiver comes around to konk his bald head

Do giveaway to this side Boss .

Conner44:


Are you sure you're ready to learn? no be to dey abuse and insult those who go mentor you tomorrow oh 😒

2RightHands1Coc:
Do giveaway to this side Boss .

I hope you're not coming to the telegram group to be begging for giveaway

That place is for serious minded people so be careful 🧐

Done.

CheerfulGiver:
send me a mail giveranonymous77@gmail .com.

Excess mentors don dey on different topics. People wey sabi pass me sef