Taxi Driver Online :: View topic

I have been to the bank an I can get a business loan out but my question is that is it worth me buying a licence and what are the good and bad sides about buying one?

hello everyone
I need abit of advice about taxis an I was told this was the place to get it from.
I have been after a hackney carriage taxi licence for a while now and now there is one I can get hold of but its quite expensive as the licences here are limited by the council so insead of applying for one from the council you have to wait untill someone sells or rent on a shift basis

jack351 wrote:

I have been to the bank an I can get a business loan out but my question is that is it worth me buying a licence and what are the good and bad sides about buying one?

Too many variables to answer that directly.

How much are plates selling for?
How much are drivers renting for?
What type of vehicle does the council license?
Is the council going to remove restrictions tomorrow?
Will the Equalities Act mean 100s more licenses being issued?
Do the bank know the money they are lending will be used to purchase a plate?

I'm not going to say how much on a public website.
Its oldham
85 hackney carriage licences limited by the council and they are all purpose built like black cabs.

jack351 wrote:

I'm not going to say how much on a public website.
Its oldham
85 hackney carriage licences limited by the council and they are all purpose built like black cabs.

You could chance your arm and apply for a plate from the council under the equality bill, stating that they cannot refuse you if you intend to put a WAV on you never know your luck
Write to your MP stating you wish to become a taxi owner driver and can he help

I'm not going to say how much on a public website.
Its oldham
85 hackney carriage licences limited by the council and they are all purpose built like black cabs.

but as long as they stay limited I'm more than happy to pay at the end of the day its a bussines.

Better than a minicab there's a new one on the road nearly every day an they don't make nothing as there's too many of them on the road.

I only buy a taxi if the area is limited as then the earnings are good if its a delimited area there are too many cabs and not enough work
My friend is in this taxi bussines he has
3 in halifax
4 in blackburn
4 in preston
These areas are all limited and all 100percent wavs
And he is getting good rent from each driver so I decided to go into the same bussines.

jack351 wrote:

Does it matter if the earnings are good? Do you actually intend to drive the vehicle yourself?

Author:	jack351 [ Tue Apr 12, 2011 5:17 pm ]
Post subject:	taxi licence
hello everyone I need abit of advice about taxis an I was told this was the place to get it from. I have been after a hackney carriage taxi licence for a while now and now there is one I can get hold of but its quite expensive as the licences here are limited by the council so insead of applying for one from the council you have to wait untill someone sells or rent on a shift basis I now this is a good business as I can buy one and rent it out an make a profit I have been to the bank an I can get a business loan out but my question is that is it worth me buying a licence and what are the good and bad sides about buying one?

Author:	Sussex [ Tue Apr 12, 2011 9:19 pm ]
Post subject:	Re: taxi licence
jack351 wrote: I have been to the bank an I can get a business loan out but my question is that is it worth me buying a licence and what are the good and bad sides about buying one? Too many variables to answer that directly. How much are plates selling for? How much are drivers renting for? What type of vehicle does the council license? Is the council going to remove restrictions tomorrow? Will the Equalities Act mean 100s more licenses being issued? Do the bank know the money they are lending will be used to purchase a plate?

Author:	wannabeeahack [ Tue Apr 12, 2011 9:41 pm ]
Post subject:	Re: taxi licence
jack351 wrote: hello everyone I need abit of advice about taxis an I was told this was the place to get it from. I have been after a hackney carriage taxi licence for a while now and now there is one I can get hold of but its quite expensive as the licences here are limited by the council so insead of applying for one from the council you have to wait untill someone sells or rent on a shift basis the plate always ONLY belongs the the issuing authority no matter how much you pay for it remember

Author:	Brummie Cabbie [ Tue Apr 12, 2011 11:01 pm ]
Post subject:	Re: taxi licence
Sussex wrote: jack351 wrote: I have been to the bank an I can get a business loan out but my question is that is it worth me buying a licence and what are the good and bad sides about buying one? Too many variables to answer that directly. How much are plates selling for? How much are drivers renting for? What type of vehicle does the council license? Is the council going to remove restrictions tomorrow? Will the Equalities Act mean 100s more licenses being issued? Do the bank know the money they are lending will be used to purchase a plate? You forgot - which LA are we talking about?

Author:	jack351 [ Tue Apr 12, 2011 11:11 pm ]
Post subject:	L.A
I'm not going to say how much on a public website. Its oldham 85 hackney carriage licences limited by the council and they are all purpose built like black cabs.

Taxi Driver Online http://taxi-driver.co.uk/phpBB2/

taxi licence http://taxi-driver.co.uk/phpBB2/viewtopic.php?f=3&t=16571	Page 1 of 3

Author:	skippy41 [ Tue Apr 12, 2011 11:44 pm ]
Post subject:	Re: L.A
jack351 wrote: I'm not going to say how much on a public website. Its oldham 85 hackney carriage licences limited by the council and they are all purpose built like black cabs. You could chance your arm and apply for a plate from the council under the equality bill, stating that they cannot refuse you if you intend to put a WAV on you never know your luck Write to your MP stating you wish to become a taxi owner driver and can he help

Author:	jack351 [ Tue Apr 12, 2011 11:53 pm ]
Post subject:	Re: L.A
skippy41 wrote: jack351 wrote: I'm not going to say how much on a public website. Its oldham 85 hackney carriage licences limited by the council and they are all purpose built like black cabs. You could chance your arm and apply for a plate from the council under the equality bill, stating that they cannot refuse you if you intend to put a WAV on you never know your luck Write to your MP stating you wish to become a taxi owner driver and can he help I have tried that but they say they can't issue me one as they are limited even if I purchase a wav as oldham is 100percent wav an there is no unmet demand so they can't delimit. My only option is to purchase I know someone selling with a wav but just needed to know if its worth purchasing a taxi in a limited area?

Author:	skippy41 [ Wed Apr 13, 2011 1:09 am ]
Post subject:
only 85 for a town as big as oldham, When did they last conduct a survey, are the still issuing PH plates like they are going out of fashion Just checked 217,800 in 2005. room for more cabs so write to your MP

Author:	jack351 [ Wed Apr 13, 2011 1:31 am ]
Post subject:	plates
I only buy a taxi if the area is limited as then the earnings are good if its a delimited area there are too many cabs and not enough work My friend is in this taxi bussines he has 3 in halifax 4 in blackburn 4 in preston These areas are all limited and all 100percent wavs And he is getting good rent from each driver so I decided to go into the same bussines.

Author:	Sussex [ Wed Apr 13, 2011 7:42 am ]
Post subject:	Re: L.A
jack351 wrote: I'm not going to say how much on a public website. Its oldham 85 hackney carriage licences limited by the council and they are all purpose built like black cabs. That meets some of the 'yes buy' criteria, but I'm surprised the bank are lending for a product that could be worthless tomorrow. Have you had to put up your house as collateral?

Author:	jack351 [ Thu Apr 14, 2011 1:28 pm ]
Post subject:	loan
its a bussines loan I think i will have to put my house as a back up or something but I think it will be worth. But its a huge amount of money for a plate but as long as they stay limited I'm more than happy to pay at the end of the day its a bussines. Better than a minicab there's a new one on the road nearly every day an they don't make nothing as there's too many of them on the road.

Author:	WirralPH [ Thu Apr 14, 2011 7:27 pm ]
Post subject:	Re: loan
jack351 wrote: but as long as they stay limited I'm more than happy to pay at the end of the day its a bussines. You don't have any guarantee whatsoever as to whether a limit will remain, are you going to get a loan and just hope for the best? jack351 wrote: Better than a minicab there's a new one on the road nearly every day an they don't make nothing as there's too many of them on the road. I can accept that there are a lot of new PH cars coming on - there are in many areas at the moment. We're in a recession, this is what happens. I doubt it's true to say these drivers are not making money though. Do you really believe they are staying in the job just for fun? If these lads weren't making money, they couldn't stay in the job - it's that simple. I agree that they're maybe not making the money they once were (and hopefully will again) but I wouldn't say it's as bad as some make out.

Author:	toots [ Thu Apr 14, 2011 8:56 pm ]
Post subject:	Re: plates
jack351 wrote: I only buy a taxi if the area is limited as then the earnings are good if its a delimited area there are too many cabs and not enough work My friend is in this taxi bussines he has 3 in halifax 4 in blackburn 4 in preston These areas are all limited and all 100percent wavs And he is getting good rent from each driver so I decided to go into the same bussines. Does it matter if the earnings are good? Do you actually intend to drive the vehicle yourself?

Author:	jack351 [ Sun Apr 17, 2011 3:40 am ]
Post subject:	Re: plates
toots wrote: jack351 wrote: I only buy a taxi if the area is limited as then the earnings are good if its a delimited area there are too many cabs and not enough work My friend is in this taxi bussines he has 3 in halifax 4 in blackburn 4 in preston These areas are all limited and all 100percent wavs And he is getting good rent from each driver so I decided to go into the same bussines. Does it matter if the earnings are good? Do you actually intend to drive the vehicle yourself? No but if they are limited it will be hard for people to buy so instead they'll just rent and if the earnings arnt good then I don't think that much people will rent. I drove one last night and tonight an I was impressed on how much a cab driver can make, but the drunks are very anoying when you get into the town too many people hailing you, fights over who was in the cab first, minicabs being hailed illigaly and taxi stand que jumpers. Had a very long, fun and money making few nights. Don't you just love it soon as you get back into the town after a fare drop off you get people hailing you down instead of you going to the rank

Page 1 of 3	All times are UTC [ DST ]
Powered by phpBB® Forum Software © phpBB Group http://www.phpbb.com/

Author:	gusmac [ Sun Apr 17, 2011 7:33 pm ]
Post subject:
Do you have one of these?