
Originally Posted by
coca-cola
Hi Guys,
Im planning to take a dip in trying my luck on this business as well. Actually 2 years ko na syang pinag-iisipan. I need your honest opinion on my thought please..
I am an employee earning more than 50k a month, I wanna sell my car to buy a new one pero naisip ko na having a new car means:
1) Monthly Payment
2) Gasoline expense
3) parking expense
4) luho (car mods)
Inshort, puro palabas yung money ko.. Instead, naisip ko mag taxi business and my reason is that, aside from my regular earning as an employee, may earning den ako sa sideline ko PLUS I get to lessen my expenses. Why? here's my explanation..
Having a taxi:
1) + Php1600/day
2) no more gasoline expenses
3) no more parking expenses
4) no more temptation to setup my car
In times of gimik naman, makakahiram ako sa mga kapatid ko. And if ever ayoko mag commute, I can always ask my driver para ihatid ako sa office and back but ofcourse, the boundary will be adjusted to Php1100/day. :D
If I buy a Bnew Vios 1.3j LMTD M/T, here's my computation:
Php1600/day * 24 days = Php38,400/month
- Php13,000 (Vios monthly DP for 5 years or 60 months)
- Php10,000 average monthly miscellenous expenses
NET INCOME PER MONTH (for the first 60 months) = Php15,400.00
NET INCOME PER MONTH (after 60 months and PLUS Php5000 for the expenses) = Php23,400.00
I dont know how long it would take me to reach my ROI but my main concern is, an extra 15k a month will help me keep 90% of my salary untouched. This will help me to save more in a shortest possible time as compared today na gumagastos ako sa parking, mods, gasoline and other unnessesary gastos.
So the more na makaipon ako, the more na makakapag dagdag ako ng unit OR if hindi ko kaya tong taxi business, use my savings to venture out on other business instead.
Do I make sense or my plan is bound to fail?
Thanks Guys!