The Dilemma - Do I buy a New Taxi or Not?
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- čas přidán 14. 06. 2024
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I am Jamie, a London Taxi Driver (black Cab) with over 33 years experience plying my trade on the streets of London.
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Forget the white and weddings. Just do max income, take every job and lower your out goings. Keep cab and sell for £6000 cash when done.
You could get a white wrap on the cab probably cheaper than what LEVC sell the white one for.
What is your 5/10 year plan? Buying one is only probably worth it if you plan to work for the next 5 years. Are you looking to wind down or continue at the current rate?
Just try and remove the emotional element from it 😊 We all get shiny object syndrome and all taxis will yield the same money.
Go for it !! 💪🏻💪🏻💪🏻
I may well do Martin 👍🏻
Hi Jamie hope what ever you decide it all work out wish you all the best. Be lucky
Thanks Baz, appreciate that mate 👍🏻
Love you, cousin Bob ❤️
Keep the TX4, sounds like you have something special with it, finance a used car for your wife, it'll be a lot cheaper than the LEVC lease/finance payments
The cheapest vehicle is always the one you already own.
Not necessarily, some TX2 owners had awful experiences and found it cheaper to swap them for a new TX4
Hey Jamie , whatever decision you made , hope it all goes well Guvnor 👍👍. Be lucky and looking forward to more of your content👌👍
Thanks Nick, appreciate the feedback back mate 👍🏻
@@JamieTheCabby 👍Your welcome mate
Hiya Jamie, I would be brutal in your assessment of what you go for next. Everything comes down how much that cab is gonna make you per hour! Its a numbers game regardless.
As soon as emotion comes into what your doing mate that's where you'll fall foul. Let's say for instance you became ill and your cab had to be sold you need that motor to give you enough to cover you so your not out of pocket.
I've learnt this with my business you have to think it's not your baby it's a capital asset which you can eventually sell on to make money.
As James Sinclair says innovate or evaporate! Do whatever you can to make yourself a successful business, apps,tours,weddings, contract work if it makes you money don't let others tell you it's wrong for you it's wrong for them they aint driving your cab or paying you a wage!
What ever you do fella do it without emotion!
Make a list of the the options, costs for and against Do nothing keep the motor you have until it gives up
Give up on the Idea of the white txe that's forcing your hand now if you want out within a couple of years or so
If you are planning on staying in the game long term then you need to cross the bridge anyway sometime why put it off jump in and get the white motor
The txe is a lovely smooth drive once you adjust and get settled into it much better than a tx4 a new warranty is piece of mind but you pay more for it a hybrid electric petrol is the way to go although if you can cash in your old motor then you are quids in to begin
Photographs of your motor doesn't put money in your pocket
Never get attached to a motor they will always let you down eventually
Be lucky
i had the same problem many years ago i had sold my cab moved to Toronto and my wife wanted to come back to uk i had no money and no home so i leased a taxi and bought the first house i liked and in the long run i ended up better than before but they were all big decisions
👍🏻
F the weddings , taking up 50% of time and 15% of weeks wages. Just go to work in your owned cab.
If you have doubt or questions. Not for you so.
personally if i need a taxi and line cabs i will not use the new ev ones im more happy jump older all diesel, older the better even if metro cab they seem to be rare these days. i like engine noise what ever it is
Don’t mind expensive cars. Concentrate on the business decisions. Get a i10, c1, mii, citigo , Aygo runaround, or leaf electric
Watched all that and got nowhere 😂 Yes another video “I bought one” 😂
Hope you enjoyed it!
Can’t you spray that cab white?
or wrap it.
I could but the cost would be prohibitive for a decent job, probably about £5000-£8000.
Plus I already own an unlicensed white TX4 that I use for weddings.
Clients are asking for white electric TXe’s
There’s your answer
Not sure what it would look like wrapped in white but it would cost around £1500 to do
@@JamieTheCabby buy milk float, put old cab shell on it because that what they want. what fools asking ev taxi the world has gone mad
Calculator tells you over next ten years. Whats cheapest. Have you ten years work left in you
Geogie Vyse sold 2 cabs for me he was a real nice guy
George was a great guy
If you have to buy one eventually and can afford one then get one. The black one does look smart to be white. I’ve seen ones with sponsors on? Do they get paid much for that ?
The adverts are worth about £1000 per year, but I have never liked adverts on Taxis
The fact you can't make a decent living without doing a side hustle proves that the whole black cab trade is a dodo
What do you consider to be my side hustle? Interested in your thoughts mate 👍🏻
Jamie, wear your seatbelt.
He’s using his legal right not to
Give it up mate it's a mugs game
I think the problem is you’re too emotionally tied to the taxi you have . The main plus of getting a txe you didn’t even mention is the savings you’ll make every week on fuel ! Could easily be £100 a week saving and as for whether you’ll get the finance they can give you an answer over the Phone within couple hours . Need to face facts electric IS the future of taxis whether we like it or not !
Jon you are possibly right about the emotional attachment, and yes I forgot to mention the potential fuel savings, when I filmed this I did it have the decision on the finance and hadn’t really made my up my mind either way, but I was cleared for the finance before I put this out but still hadn’t made up my mind
no its not if you do not spend many fare charging. its a fraud a money grab that all it is. LEVC Vista ; Price: £62,719 (with Plug-in Taxi Grant) ; Price as tested: £67,129 you can go a very long way for £60k by that time you prob be retired with change over . and far better than funding WW3 as china has plans to invade Taiwan that trigger usa to get involved also means we will be at war with china, buying a Chinese car you funding that and death of many thousands
Just buy a black one and wrap it yourself, worst cast remove the wrap and try again
🗞