Top 6 Cheap YET Best Cars For Private Taxi Business In Nigeria

Do you know that you may start your own personal taxi service with a private vehicle? The majority of people sign up for Uber or Bolt, but if you’re seeking a side job, typically just on the weekends, you can establish a small private taxi service online.

Over the years, there has been significant development in the Nigerian taxi sector. The introduction of newer, more fuel-efficient vehicles for the taxi and Uber industries has made this possible. Even if the 403 and well-known station wagons are still in production, it’s still unusual to find one on the road. Uber, Bolt, and other similar services have largely replaced traditional automobile brands in the country’s taxi industry.

What, though, have these driving services actually replaced? Here are a few of the best and most affordable cars available in Nigeria now for use as taxis or Ubers.

This article will evaluate the top car brands for the Nigerian taxi market. The cars, which are only hatchbacks, sedans, and SUVs, were chosen for their usability, fuel efficiency, trunk capacity, and price range.

What to Consider Before Buying a Car or Private Taxi Business 

The following are crucial considerations when purchasing vehicles for a national transportation company: If you take these factors into account, you’ll be able to select the car that is best for your business and will bring in earnings for many years:

Fuel Efficiency

It is appropriate to refrain from operating a vehicle that consumes a lot of fuel for business purposes. Your income will be much reduced as a result, and you’ll end up losing money. 

Costs associated with repairs and upkeep 

Some cars need a lot of maintenance. Because all cars occasionally have issues, you must pick one with reasonable maintenance costs.

The condition of the car: Invest in a faultless car to prevent putting people’s lives and your business at risk. 

Replacement part availability 

On the Nigerian market, there are a number of vehicles for which spare parts are hard to come by. The difficulty of replacing these types of automobiles should deter you from buying them.

1. Toyota Avensis 

Both the Toyota Avensis and the Corolla are equally efficient. This automobile gets good gas mileage. For the Avensis models, three different engine options are available: 1.8L, 2.0L, and 2.4L. One gallon of gas might propel you up to 27 miles with the 1.8L engine (or 36 minutes at 45 mph).

Repair and maintenance costs for Toyota cars are frequently low. Toyota brands are thus ideal contenders for the nation’s transportation industry. Depending on the year of manufacture, the Toyota Avensis’ pricing, which ranges from N3,000,000 to N5,000,000, may alter.

2. Honda Accord 

The Honda Accord is another standout choice in terms of popularity. With this car, taxi service providers in particular are well-liked. The Honda Accord is a dependable, fuel-efficient car like the Toyota. The Honda Accord, like the Toyota Corolla, provides the best driving performance without costing a lot of money.

The Honda Accord uses remarkably little gasoline. The Honda Accord is also recognized for having a lengthy lifespan; you may find many owners who have had theirs for a long time. Passengers have plenty of room inside, and the sound system is excellent.

In Nigeria, a used 2007 Honda Accord can be purchased for N2,700,000, while a 2009 model costs N3,325,000. This will be decided upon by your visit to the mechanic. When calculating the price, the condition of the car is taken into account.

3. Honda City

The Honda City is a well-liked SUV in Nigeria. Since the Honda City’s 1.5-litre engine can go 32 miles on a single gallon of gas, taxi drivers frequently choose this vehicle. The automobile’s attractive design is another factor that makes it a popular choice for transportation companies. For a little under N2,800,000 or about N3,000,000, you may purchase a used Honda City from 2009.

4. Toyota Corolla 

The Toyota Corolla is our top choice. For good reason, the Toyota Corolla is one of the most well-liked vehicles in Nigeria. This Toyota brand is a highly capable, fuel-efficient automobile. This vehicle is among the most fuel-efficient in the nation and is extremely well-built, attractive, and tough.

According to reports, the Corolla’s 1.8L engine can travel up to 30 kilometres on a single gallon of gasoline. The Toyota Corolla has relatively affordable maintenance and repair costs.

The vehicle also features a fantastic stereo system and cosy air conditioning. The Corolla is priced between N2,800,000 – N3,500,000, depending on the year. It seems logical that this is the one that Nigerian Uber and taxi drivers use the most frequently. 

5. Toyota Sienna 

In Nigeria, Toyota Siennas, which are widely spotted, can be used to provide taxi services. It is one of the most often used commercial 7-seater car models in Nigeria. With its three rows of chairs, it has room for 7-8 people. One person can fit in the front passenger seat, and at least four to six people can fit in the second and third rows of seats in the back. The car’s trunk has enough room for items or cargo. 

To increase the amount of cargo space, the third-row seat can be folded. This vehicle is excellent for long-distance driving and also has a very low fuel consumption rate.

Replacement parts are simple to get when a problem arises, and the Toyota Sienna only requires infrequent maintenance. Where you purchase a Toyota Sienna will affect its price.

6. Volkswagen Vento

A typical five-seater commercial vehicle that can be used for taxi service is the Volkswagen Vento. It has gained popularity among car buyers in Nigeria and other countries across the world. Vento’s interior layout is distinctive and ideal for business needs. For the convenience of the passengers, the vehicle has a single seat in the back. Additionally, this car doesn’t use a lot of gasoline.

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This implies that implementing it could result in significant financial gains for transportation industry owners and drivers. The Volkswagen Vento just requires routine maintenance, which reduces the cost. Always keep in mind that a new Volkswagen Vento will cost more than an equivalently aged vehicle. The Vento can cost anywhere between N800,000–N1,500,000 depending on the model.

Conclusion

If you’re getting ready to purchase a vehicle for your taxi business, we’ve included several affordable car brands and types that are appropriate for Nigerian roads, as well as a few things to think about that will affect how profitable your transportation business will be.