Taxi Driver Online

Reply.
Either you don't read my posts fully or you are diliberately distorting what I have said and then rewriting the same thing in your own words.
The main point I made was that you buy a plate to secure an income not for growth. That is clear in my post but you have recycled it as your own thoughts.
The original question was from someone thinking about buying a plate with redundacy money, not borrowing as you distorted it.
Why have'nt you sold your plate if you are so certain and doing other than driving people from A to B.
Your example of buying a house for income is another crock, the comparison is as stupid as buying a plate and not driving.
What do you expect to gain from dereg ? You are so keen to see it happen I assume you will benefit from it.

Anyone who buys a plate at the moment is as daft as a brush.
That aside mine is avaible for £35000 +.
Any offers please.

The industry is desperatley short of drivers now, who is going to drive the extra vehicles ?

I thought I had already explained my opinion of calculated risk against a pure Gamble. If it didn’t register then I can’t be held responsible for that.



I wasn’t aware I had brought Casinos and Bookmakers into the argument but if you are referring that both those gaming industries are a pure Gamble then you obviously don’t know how those industries operate.

I do know how they “operate” and I would never class them as a gamble. So even though you yourself are of the opinion that a Calculated risk and a Gamble are the very same, please don’t infer that I share your opinion because I certainly do not.

If you want an education on how the Gaming industry works I would be more than happy to
Enlighten you. Your inference that they are a Gamble just highlights your lack of understanding of Bookmakers and Casinos.



Where do you get these crazy ideas from? lol

Insurance companies use risk assessment, this risk assessment takes many forms, too numerous to mention but at the end of the day it comes down to probabilities. The probabilities of my house being broken into or me having an accident or the plane I am travelling in crashing, or the likelihood of my house flooding or falling down. They take a calculated risk no matter what policy is taken out, whether it be life insurance, car insurance or whatever, the higher the risk factor equals a higher premium. It’s as simple as that.

In insurance everything is calculated, nothing is left to chance. That’s why the odds are in their favour. Insurance companies know that a certain percentage of losses will occur each year, they fix their percentages accordingly, its all a percentage game, same as Bookmaking and Casinos but I suppose all that is a little over your head.



Wasn’t it you who mentioned 50K did you not say the following statement?



If it was meant to read something different then you should have said so at the time. If you make a statement like the one you made above, you can only expect us mere mortals to respond to what is actually written.



What I actually said was that over 20 years ago some banks would take into account the plate being an asset; indeed here in Manchester many plates were bought through financiers on the strength of the Value of the plate and not by having to re-mortgage their home. All that changed after 1986 when the 85 act became law.

It would appear that you have a fairytale notion that Banks lend out large amounts of money to any Tom Dick or Harry without security. You will be able to get a small unsecured loan of ten grand or so on the basis that you are credit worthy but when it comes down to a self employed cabbie borrowing 50k on an unsecured loan then I’m afraid you don’t know very much about Banks and their criteria for lending.

The first thing they will look at is your income and your job status. They have to be satisfied that you are earning enough money to repay the loan, they also have to be satisfied that the job you are doing satisfies their lending criteria. They will look into your bank account details to see how it has been run over a period of time and then they will let you know if your unsecured loan application has been successful. If you want to go to a private lender and bypass the bank you can do it over the phone, they will access your credit worthiness and tell you within five minutes if you’re successful. But don’t hold your breath.

Finally you mention redundancy money. Why you never mentioned this before I don’t know. But tell me; in what locality will this mythical person invest his 25 grand? Have you found a restricted area where cabs and plates are being sold for 25 grand? Do all those wishing to buy a Cab and plate for 25k have to pull up stumps and migrate there? Can you assure us that this locality will not deregulate this year next year or anytime in the near future. If it does can those that invested their 25k come to you for compensation because of your miscalculated reasoning? I am very much looking forward to your advice as to where prospective owners can buy a cab and plate for 25k.

In the present climate why would a person wish to speculate 25 grand on a plate when they can jockey for someone else or drive their own car on private hire? The earnings are more or less comparable.


Best wishes

JD

John.
Being a taxi driver which encompases Luddenden home of the Luddites lets explain what Luddites were.

In the olden days the cloth pieces were made in cotteges of the hamlets, the plutocrats started to build mills with new machinery that could produce much more cloth than the cottages, and the Luddites went to smash the machinery.

not quite the same here.

I will tell a wartime joke that has significance to the problem we have.

during the war a general said to 2 young soldiers, keep gaurd and if you see the enemy comming wake us up, for every one you kill we will give you 10 shillings.

later at twilight one of the soldiers said to his mate, keep quiey dont wake the others there is a couple of million quid comming over the hill.

I bet those soldiers were taxidrivers beffore they took the Queens shilling,
beccause that is thier thinking, there is a demand they could never satisfy
they are in thier element, very destructive I sometimes wonder if they see a drunken smash if they think they have responsibility, because thats what happens other people use dubious means to get home.

Luddenden IS NOW A TEST BED FOR TRANSPORTATION EXPERIMENTS, the new yellow school bus transport scheme was tested out here and I could tell you of some hairaising mistakes that were made, before success dawned.this scheme was funded with about £250,000

At the moment there are buses with cycle racks on thier back in another experiment, low floor disabled access this scheme is about a million and a quarter, feeding the main routes, and moving from stations.

I have had a bit of feedback and again hairraising mistakes to sort out but they will be.

A local taxi firm has won a tender of £850,000 to develop a satelite taxi bus service, more of this later, but the scheme starts later this year and we will be monitoring this.

What I can say is restriction in numbers is hampering the taxi experiment and the firm and the government are not best pleased about it but will get over the problem.

because in the end progress cannot be stopped, but those that try are examined and in the end the rules will be changed, because they have to be.

Public transport including taxis are entering a new phase, the dinosaurs will be slayed as they have throughout history, because people will be moved from a to b at thier will to save resourses increase efficiency and cut the car use.

it is a must.

Is it not surprise that in some areas are short of drivers, when this trade says to potential drivers "come and join us, but on the condition you drive the vehicle we say, and you work the hours we say".

Oh, and you pay fortunes for the privilege, whilst always being grateful for the opportunity.

The majority of the working population are told when and where and what to use at work and most people are grateful to have a job.
Unlike you the majority realise if you want something you have to work for it, they don't expect handouts or think they are owed a living.

By majority I assume you mean of employed working population, as opposed to the 95% plus of drivers in this trade that are self-employed.

By all means tell drivers when and when not to work, and what and what not to drive. But then don't belly-ache about the shortage of drivers.

I have a driver but I dont want to employ him. That means extra nat insurance and paid holidays.
No thank you.

Reply.
Yes most people know the history of Luddites, but the modern use of the expression is aimed at those that cling to outdated methods and think they can hold back progress.
We are in a time of change and developement and if this forum helps to inform and educate then it will serve a useful purpose. Your input about the experiments in your area is what I want to read about not whinning from "Sussex" because he can't get a free plate, his moronic byeline "not long now" says it all. He can't wait for the destruction of the trade so he can shout "told you so". There is far to much negativity, highlighting the short commimgs and wrongdoings of colleagues in an attempt to make themselves look better. I don't want it "swept under the carpet" but there are far to many that celebrate their outrage at the misdeeds of other.