The taxi industry in Nigeria has undergone major changes over the years. This is done through the introduction into the market of new and fuel efficient vehicles for the taxi/uber industry.
Although the 403 and the famous car still exist, it is still rare to see one in action. Uber, Bolt and other similar services have taken over the city's taxi business, leaving these older models in the dust.
Running a travel business in Nigeria can be very rewarding, but choosing the right vehicle for the job is important.
In Nigeria, the top cheap cars for Taxi Business in Nigeria are,Toyota
Corolla, Toyota Avensis, Honda Accord, Honda City, Toyota Sienna, Volkswagen
Vento etc.
Since traveling from one place to another is important, the transportation industry is one of the most profitable investments in any part of the world. With this and the increasing number of Nigerians, you will make a successful business if you engage in the travel business. Not all vehicles are suitable for commercial transportation services, or taxi or Uber services for local or interstate travel.
There are a few factors to consider that will affect the profitability of your transportation business if you are planning to purchase a vehicle for a taxi business.
Factors to Consider When Buying Cars for Transport Business
If you consider these factors, you will be sure to find the best vehicle for your business that will generate profits for years to come.
• Fuel Efficiency
It is not recommended to use auto trading in the market because it will reduce your profit significantly and make you operate at a loss. Fuel efficiency is one of the most important aspects to consider when choosing a vehicle for your taxi business.
Nigerian roads are congested, traffic is getting worse. You want a car that doesn't burn fuel so you can save money and keep your mileage down. Toyota Corolla is the most fuel efficient car in Nigeria because of its 1.6 liter engine. It is also good for travelers, which is an important consideration since you will always be transporting people.
• Repair and Maintenance Costs
Some cars require major repairs. You should choose a car with reasonable repair costs because all cars have faults from time to time. Another thing to consider is the original cost of the car. You don't want to spend money on your boat and put yourself in financial trouble.
Instead, look for vehicles that are affordable but still offer features that will benefit your business. Toyota Yaris is a good choice of car in this category. It is small and handy, so it is easy to move around in the crowded cities of Nigeria.
In addition, it has an amazingly spacious bedroom, perfect for a large group or family.
• The State of the Vehicle
Buy a spotless car to avoid a life of fear in your travel business. Once you've decided what type of car you want, it's time to start shopping. There are many dealers and private sellers offering cars for sale so take your time and compare prices before you buy. With a little research, you will find the best car for your taxi business.
• Nigeria's Road Conditions
Considering how bad Nigerian roads are, you'll need a tough vehicle to navigate them. Only vehicles that can pass safely should be used. The best cars for taxis in Nigeria are high capacity ones like Toyota models. These vehicles are built to withstand any terrain, making them ideal for traveling on Nigeria's often rough roads. It's also fuel efficient, saving you money on gas when transporting your passengers.
• Availability of Spare Parts
There are many fast cars that are hard to find in the Nigerian market. Avoid buying these types of cars because it will be difficult to replace worn, damaged or worn parts when it is time to replace them. Also keep in mind that some cars are more expensive to insure than others.
Choose a car that is cheap to buy and has insurance coverage to save money in the long run. However, what exactly do these driving services replace? Here are some of the best cheap taxis that can be used as taxi or uber in Nigeria today.
List of Top Cheap Cars for Taxi Business in Nigeria
The best types of taxis for the Nigerian taxi industry will be explored in this article. The vehicles, which include only hatchbacks, sedans and SUVs, were selected for their practicality, durability, trunk size and affordability.
1. Toyota Corolla
2. Toyota Avensis
3. Honda Accord
4. Honda City
5. Toyota Sienna
6. Volkswagen Vento
• Toyota Corolla
Our top pick is the Toyota Corolla. The Toyota Corolla is one of the most popular cars in Nigeria for good reason. This Toyota model is a very fuel efficient car. This car is well built and stylish, incredibly durable and among the most fuel efficient cars in the country. One gallon of gas can get the Corolla 1.8L engine up to 30 kilometers.
The price for maintenance and repair of Toyota Corolla is reasonable. The car also has a good audio system and good air conditioning. Depending on the year, a Corolla costs between ₦2.5 million and ₦3.5 million. It makes sense that this is commonly used by uber/taxi drivers in Nigeria.
• Toyota Avensis
The Toyota Avensis performs as well as the Corolla. This car has good fuel economy. 1.8 L, 2.0 L and 2.4 L engine options are available for the Avensis model. With the 1.8L engine, a gallon of gas can take you up to 27 miles (or 36 minutes at 45 mph).
Toyota cars are generally less expensive to repair and maintain. Hence, the Toyota brand is a good candidate for the transportation sector in the country. The Toyota Avensis price, which ranges from ₦3 million to ₦5 million, can vary depending on the year of manufacture.
• Honda Accord
In terms of popularity, the Honda Accord is another great option. Taxi operators, in particular, appreciate the popularity of this vehicle. Like the Toyota, the Honda Accord is a reliable and fuel-efficient car. Similar to the Toyota Corolla, the Honda Accord offers the best driving experience without spending a lot of money. Honda Accord uses less fuel.
Also, the Honda Accord is known for its longevity; you can find many owners who have kept theirs for years. Inside, there's plenty of room for passengers and an excellent sound system.
A used 2007 Honda Accord can be had in Nigeria for ₦2,700,000, while the 2009 model will cost you ₦3,325,000. Your visit to the auto shop will determine this. The condition of the vehicle is taken into consideration when determining the price.
Read: 11 Most Popular Museums in Nigeria You Must Visit
• Honda City
One of the most popular SUVs in Nigeria is the Honda City. The Honda City's 1.5 liter engine can go 32 miles per gallon of fuel, making it a popular choice among taxi drivers. Another factor that makes a car a popular choice for the transportation industry is its beauty. A used 2009 Honda Civic can be found for ₦2.7 million, or just under ₦2.5 million.
• Toyota Sienna
In Nigeria, Toyota Sienna’s taxi services can be offered, which are common. In Nigeria, it is one of the most popular seven-seater commercial vehicles. It can accommodate 7 to 8 people in its three rows of seats.
The front passenger seat can accommodate one person; the second and third row of rear seats can accommodate four to six people. There is enough space in the trunk of the car for luggage or luggage. The third row of seats can be folded down to add additional cargo space.
This car also has low fuel consumption and is preferred for long distance driving. When a problem occurs, spare parts are readily available and the Toyota Sienna requires only occasional maintenance. Toyota Sienna price depends on where you buy it.
Read: Top 11 Best Weight Gain Supplements in Nigeria That Works
• Volkswagen Vento
The Volkswagen Vento is an example of a five-seater commercial vehicle that can be used for taxi service. It has become a popular type of car in Nigeria and other countries around the world. The interior of the Vento is unique and excellent for business purposes.
The car includes a single seat and backrest for passenger comfort. This car also does not consume much fuel. This shows that consumers and transporters can benefit greatly from having it. The Volkswagen Vento requires only routine maintenance, which keeps costs down.
Remember that the new Volkswagen Vento will cost more than a comparable car. Depending on the model, the Vento costs between ₦300,000 and ₦1.5 million.
If you are preparing to buy a car for your taxi business, we have provided the cheapest car brands and models suitable for Nigerian roads and some factors to consider that will affect the profitability of your taxi business.
0 Comments