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UK cab trade debate and advice
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PostPosted: Thu Dec 23, 2010 10:34 am 
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captain cab wrote:
Caledonian Cabbie wrote:
captain cab wrote:
.

A system where plate numbers are capped and where drivers investments can be secure.

Ironically, Gary, MadJim and AliT claim to be the champions of drivers.



What about those who'll be profiteering from existing plates?

What about the new plate holders just parking their butts and shafting drivers who can't get a plate?

What about profiteering from the new issues on eventual sale?

But the biggest hole in your argument is that plate values would go through the roof if the system was adopted and thus set in stone - ever wondered why New York prices have skyrocketed?

Thus an economist would probably tell you that a driver will be no better off with a New York-style system in place - plates will soar in price, thus the driver would be better off putting money in a building society, since the risk premium will disappear; it's moving from the junk bond scenario to the gilt-edged security gig, from high risk to minimal, which just drives up asset values, in our case the value of the plate or medallion.

So what price did you have in mind for Edinburgh? Starting bids at £250,000?

It's like bog standard restricted numbers - looks OK at the very superficial level, but think about it a bit and it's a case of the emperor having no clothes.

Of course, in the highly unlikely event that a New York-style system was adopted then the main beneficiaries would be existing plate holders, who woud see values go through the roof. As I said earlier, the main motivation is the incumbent vested interests, who would benefit significantly, while the advantage to those buying in would be minimal.

Which is why it won't happen, but it's all just a wind-up anyway.

Worms, cans, that sort of thing. Anyone punting it would more likely hasten the demise of the current creaking edifice.

I say bring it on....but be careful what you wish for \:D/


Lots of questions.

But the ultimate one is of course keep a care home open or close it.

I think I'd know what the politician would do.

What takes the p*ss is that people are selling the plates anyway......everyone know's its going on, so why shouldnt an underfunded council earn the public purse some money?

CC

The current system in Edinburgh allows for plate value's to rise and FALL, there is no going back from the current system and CEC know it, the consequences of going back have been well documented, and one fact that sticks out to me is how ECPH are currently/wishing operating the PHC trade, they are willing to pay drivers a minimum wage so allowing them Ecph to undercut our black cab trade too oblivion.

Now if Edinburgh de-restricts it's odds on ECPH will be the winners as they will go from being a PHC company to a Black cab company overnight, trust me they have the money to obtain say initially 50 de-restricted plates, then the minimum wage will come in to the black cab trade, the discounts to customers will become silly and will wipe out the honest Taxi companies like City and Central, ECPH will grow and Grow and for what, £1,500 a licence

If we bring in the New York system including survey's of demand ect you know an expansion of the current system, we protect our trade from disaster

What you have to weigh up is the consequence of De-restriction and the New York system, i believe the New York system protects what we have, it closes the door or threat of infiltrators, profiteers and abusers of the allocation system.

Remember New York is 10 times bigger, plate value's will have a ceiling in Edinburgh and will never reach the New York level

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PostPosted: Thu Dec 23, 2010 2:12 pm 
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Reggie you are one of the pfofiteers and abusers you keep talking about

You bagged(Ahead of any on the ipl) your plate For 17,000

If ecph wanted a plate so much they would have just bought one and called themselves a taxi company

Comcab allready do it and claim(on there web site) to be edinburghs largest mixed ph and taxi fleet

Central City and comcab already offer discounts

You are right to want to protect your self interset

but so is anyone else

What the trade should be doing is putting plate value aside, and start to work together to generate mare work for the blacks.

A job done in a black cab is a future job for us all, dont matter where the work comes from city, central, comcabs

the fact that there are two black companys and one ph taxi company(comcab) competing against each other means the trade can never reli be united

IF ecph call themselves a taxi compnay so what, they will still have to be driven by breife holders and who is going to drive for a company offering stuipid dicounts as you say they will


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PostPosted: Thu Dec 23, 2010 9:48 pm 
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sunset wrote:
Reggie you are one of the pfofiteers and abusers you keep talking about

You bagged(Ahead of any on the ipl) your plate For 17,000

If ecph wanted a plate so much they would have just bought one and called themselves a taxi company

Comcab allready do it and claim(on there web site) to be edinburghs largest mixed ph and taxi fleet

Central City and comcab already offer discounts

You are right to want to protect your self interset

but so is anyone else

What the trade should be doing is putting plate value aside, and start to work together to generate mare work for the blacks.

A job done in a black cab is a future job for us all, dont matter where the work comes from city, central, comcabs

the fact that there are two black companys and one ph taxi company(comcab) competing against each other means the trade can never reli be united

IF ecph call themselves a taxi compnay so what, they will still have to be driven by breife holders and who is going to drive for a company offering stuipid dicounts as you say they will

If the trade is de-restricted we will all be earning the equivilant of the minimum wage, the only winners will be the PLC non co-operative Taxi companies, radio dues and all that, you did know that drivers in Musselbrugh only get 33% of their meter :shock:

Before i bought my plate i tried to get on the List but was told the list was closed, my next option was to buy, i did, i single shift, no intention of selling, how am i profiteering? and compare that to AliT, 3 plates all sold, carpetbagger of the year, ECPH paying drivers an hourly rate, enslavers of the year, both coming to a Taxi market near you soon, ok not AliT but the Trade is fecked if de-restricted

I shouted for 2 years in favour of the merger between City & Central but i have to respect the outcome, but i do agree in still working together to protect OUR black cab trade

An expansion and that is another form of restriction is required to protect all of our futures, CONTROLLED GROWTH :wink:

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PostPosted: Thu Dec 23, 2010 10:09 pm 
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captain cab wrote:
Lots of questions
.

And as usual no answers :D

Quote:
But the ultimate one is of course keep a care home open or close it.


Well you could say that about any tax, but it's not quite as straightforward as that, in the real world at least.


Quote:
I think I'd know what the politician would do.


And what other businesses do you propose extending this to?

And presumably to maximise revenue they'd have to rescind current plates and reissue them. Only fair, innit? :lol:

Quote:
What takes the p*ss is that people are selling the plates anyway......


Funny that's only a problem when it suits :roll:

Quote:
everyone know's its going on, so why shouldnt an underfunded council earn the public purse some money?


Funny that it's taken you how many decades in the trade to come up with this, so trying to make out that it's obvious seems a bit ironic.

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PostPosted: Thu Dec 23, 2010 10:12 pm 
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Quite caledonian cabbie.

Lets see how Dougie gets on eh?

CC

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PostPosted: Thu Dec 23, 2010 10:15 pm 
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Private Reggie wrote:
What you have to weigh up is the consequence of De-restriction and the New York system, i believe the New York system protects what we have, it closes the door or threat of infiltrators, profiteers and abusers of the allocation system.


You mean it sets the current profiteering in stone and indeed will make it a lot worse. Make sure you tell that to Kenny MacAskill :lol:



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Remember New York is 10 times bigger, plate value's will have a ceiling in Edinburgh and will never reach the New York level


What's the size of the place got to do with anything?

You might as well argue that a bar of chocolate costs ten times in Edinburgh what it does in Inverness, and that's ten time what it costs in Beauly.

What you're looking at is the risk premium. For example, if the risk premium would be quarter what it was then plate values would quadruple.

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PostPosted: Thu Dec 23, 2010 10:17 pm 
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Private Reggie wrote:
no intention of selling,


:^o

Private Reggie, the only person in history ever to hand back a taxi licence worth tens of thousands :lol:

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PostPosted: Thu Dec 23, 2010 10:18 pm 
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Caledonian Cabbie wrote:
Private Reggie, the only person in history ever to hand back a taxi licence worth tens of thousands :lol:


Unlike ali, ali's mrs and their pet labrador lucy. :roll:

CC

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PostPosted: Thu Dec 23, 2010 10:19 pm 
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captain cab wrote:
Quite caledonian cabbie.

Lets see how Dougie gets on eh?


Indeed, but I for one would welcome the debate of the subject in the Scottish Parliament, in the newspapers on on TV etc.

Reggie could just be the catalyst required :D

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PostPosted: Thu Dec 23, 2010 10:22 pm 
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captain cab wrote:
Caledonian Cabbie wrote:
Private Reggie, the only person in history ever to hand back a taxi licence worth tens of thousands :lol:


Unlike ali, ali's mrs and their pet labrador lucy. :roll:


Personally I don't blame anyone for selling a plate, the words horses, gift and mouth spring to mind.

However, it's bulls h i t statements like what Reggie just made that sticks in the craw :roll:

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PostPosted: Thu Dec 23, 2010 11:45 pm 
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Caledonian Cabbie wrote:
captain cab wrote:
Caledonian Cabbie wrote:
Private Reggie, the only person in history ever to hand back a taxi licence worth tens of thousands :lol:


Unlike ali, ali's mrs and their pet labrador lucy. :roll:


Personally I don't blame anyone for selling a plate, the words horses, gift and mouth spring to mind.

However, it's bulls h i t statements like what Reggie just made that sticks in the craw :roll:

I never said i was going to hand back my licence, with 4 sons im thinking more handing the licence on and working part time, :wink:

Your points are all over the place :wink: The cost of living vary's from place to place and especially in a Capital city, London living allowance being the example

Most of the plates have been traded in Edinburgh, it's not our fault the system is how it is, we bought in too the current system, all we are saying is the current system has gone to far, there is no going back, if we go back we who bought in to our current system are the ones being screwed, just what the abusers of the allocation system want. 80% of Edinburgh's plates are owned by individuals, where is the profiteering in that :?:

New York is New York and Edinburgh is Edinburgh, we can learn from there system and impliment a re-worked system similar to New York in Edinburgh, there is no chance of plate value's hitting New York levels, all we have to do is CAP at say £50,000, plates a couple of years ago where selling for that in Edinburgh, but hey the value hinges on Survey's of demand allowing for an increase in licences, capping solves any issue's with value.

80 % of plates have been traded, there is a lot of DEBT connected to the trading of plates in Edinburgh, we need a system that allows for that fact.

I'm starting to think your just stirring, but hopefully you are making sure we have thought about this :?:

We never set up the system in Edinburgh and we never devised the New York System, we are offering a workable ALTERNATIVE that provides the trade with the compromise required to protect it

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PostPosted: Fri Dec 24, 2010 12:24 am 
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Private Reggie wrote:
We never set up the system in Edinburgh and we never devised the New York System, we are offering a workable ALTERNATIVE that provides the trade with the compromise required to protect it


I think thats the bit they're sh*tting their breeks aboot helpmaboab (soz for the poor scots)

CC

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PostPosted: Fri Dec 24, 2010 12:43 am 
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captain cab wrote:
I think thats the bit they're sh*tting their breeks aboot helpmaboab (soz for the poor scots)

CC


Pishing oor breeks laughing more like :lol:

Bring the can of worms on, that's what I say :D \:D/

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PostPosted: Fri Dec 24, 2010 12:47 am 
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Caledonian Cabbie wrote:
captain cab wrote:
I think thats the bit they're sh*tting their breeks aboot helpmaboab (soz for the poor scots)

CC


Pishing oor breeks laughing more like :lol:

Bring the can of worms on, that's what I say :D \:D/


Was the rest of my scots as bad?

CC

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PostPosted: Fri Dec 24, 2010 1:20 am 
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Private Reggie wrote:
I never said i was going to hand back my licence, with 4 sons im thinking more handing the licence on and working part time, :wink:


Indeed, I knew there was more to it than you claimed.

Quote:
Your points are all over the place :wink: The cost of living vary's from place to place and especially in a Capital city, London living allowance being the example


Yes, but by how much does a bar of chocolate vary?

My point was that plate values have jack to do with population, it's primarily to do with how much the market is distorted.

How much are Hackney plates worth in London, and how much in Aylesbury?

I'll give you a clue; one's jack, the other's £80k or so.

Quote:
Most of the plates have been traded in Edinburgh, it's not our fault the system is how it is, we bought in too the current system, all we are saying is the current system has gone to far, there is no going back, if we go back we who bought in to our current system are the ones being screwed, just what the abusers of the allocation system want. 80% of Edinburgh's plates are owned by individuals, where is the profiteering in that :?:


Ah, so Ali T wasn't profiteering at all then?

But I can't really see what difference it makes who or what holds the plates, profiteering is profiteering.

Anyway, I thought most of the Edinburgh plates were owned by companies, not individuals :D


Quote:
New York is New York and Edinburgh is Edinburgh, we can learn from there system and impliment a re-worked system similar to New York in Edinburgh, there is no chance of plate value's hitting New York levels, all we have to do is CAP at say £50,000, plates a couple of years ago where selling for that in Edinburgh, but hey the value hinges on Survey's of demand allowing for an increase in licences, capping solves any issue's with value.


Your plan has enough holes in it Reggie, but with all the conditions you're adding it's beginning to look like a very big sieve.

And I never claimed Edinbugh plates would reach NY levels, all I said was that with the risk premium reducing significantly plate values would increase significantly, didn't I?

Quote:
80 % of plates have been traded, there is a lot of DEBT connected to the trading of plates in Edinburgh, we need a system that allows for that fact.


That's because CEC drove a coach and horses through the Act, ie another facet to the can of worms :D

Quote:
I'm starting to think your just stirring, but hopefully you are making sure we have thought about this :?:


Not much evidence of thinking at all there Reggie. But I think it's you that's doing the stirring, but if your proposoal is taken seriously then I look forward to the debate.

Captain Cab is defo a wind-up merchant, but I like to engage with him occassionaly because it probably feeds his delusion slightly.

Quote:
We never set up the system in Edinburgh and we never devised the New York System, we are offering a workable ALTERNATIVE that provides the trade with the compromise required to protect it


Not saying it's your fault, but CEC capped numbers and introduced the plate scam, and the likes of yourself have benifitted, and now you want to consolidate the cartel, the plate scam, profiteering and all that, so I look forward to a more open debate rather than having it all swept under the carpet.

Hey, it may even become an election issue for the Holyrood elections in May, and to that extent I hope you're not an SNP supporter :D

Anyway, no point in discussing these things ad nauseum on here, so I wish you a Merry Christmas and Happy NY (New Year, not New York), and look forward to CC's article and the public examination of the can of worms :lol:

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