Tricycle, Jeepney, Taxi and FX Operation

April 23, 2006 by Leo   17,447 Views

This kind of business is one of the easiest to setup. You only need to (1) purchase the vehicle, (2) register, and (3) get a franchise from LTFRB, and you’re off. You can also (4) apply for “drivers and operators association” membership. Well, the purchasing part isn’t that easy though, because you have to contemplate on whether buying a second hand is practical thing than brand new. Let me give you some idea so you can weigh the pros and cons.

Second hand

Pros:

  1. It’s a lot cheaper
  2. You can even get a free line franchise on the package price
  3. If you’re lucky, you can get the new registration and insurance for free.
  4. Negotiable – you can haggle with the vendor on the lowest possible price.
  5. Hey, why not include that nice stereo in the package?!

Cons:

  1. Some parts needs to be fixed or changed before you can use it
  2. Operation maintenance is high
  3. Depreciation cost is high
  4. Will only be operational for a few more years.

Brand new

Pros:

  1. Sparkingly beautiful and smells fresh!
  2. Almost maintenance free for at least 2 years.
  3. Depreciation cost is low.
  4. Will still be in top shape (with good maintenance) for the next 6 years.

Cons:

  1. Expensive
  2. Additional cost for registration and insurance.
  3. Additional cost for franchise application at LTFRB.
  4. Additional cost for taxi meter.
  5. Additional cost for association memberships (TODA, PISTON, etc.).
  6. Prone to carnappers.

It is always a good idea to drive the vehicle yourself for maximum ROI. If you don’t know how to drive, look for a trusted driver. More advice from Reyna Elena.

How much money you have to invest?

Tricycle
Brand new: P60-80K (including sidecar)
2nd hand: P30-40K
Franchise: P3K (issued by local gov.)
Boundary: P120-150/day

Jeepney
Brand new: P300-350K
2nd hand: P100-150K
Franchise: P30K
Boundary: P600-800/day

FX (generic name for SUVs) Taxi
Brand new: P600-800K
2nd hand: P250-300K
Franchise: P50K
Boundary: P 1500-1800/day

Taxi
Brand new: P500-600K
2nd hand: P250-300K
Franchise: P30K
Boundary: P 1200-1500/day

Please note that the amounts and figures stated above are rough estimates only and does not reflect the actual amount which varies from different locations nationwide.

Tricycle Dealers

Suzuki Motors
Telephone Number: (632) 671-9722 to 28
Fax Number: (632) 671-3857
Email: suzphil@suzuki.com.ph

Honda Motors
Telephone Number (632) 8238001
Fax Number:
(632) 8385356
(632) 8238682
Email: webmaster@hondaph.com

Yamaha Motors
Tel: (63) 49-541-2890
Fax: (63) 49-541-2889

Jeepney Manufacturer

Sarao Motors
Pulang Lupa 1700 Las Pinas
Tel: 8067598

Tolentino Motors Corp.
CAA Road 1700 Las Pinas
Tel: 5664523; 8050922
Fax: 8050922

Binan Motors
55 A Roces Sr Avenue
1100 Quezon City
Tel: 3723116

Taxi & FX Dealers

Toyota Motors

Nissan Motors
Tel: 049-541-2201 to 19
Email: info@ns.nissan.com.ph

Mitsubishi Motors
Email Sales: d-calma@mitsubishi-motors.com.ph
Email Parts: j-nera@mitsubishi-motors.com.ph

Kia Motors
Trunk Line Number: (+632) 823-2331


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Comments

69 Responses to “Tricycle, Jeepney, Taxi and FX Operation”
  1. bene says:

    tanong ko lang po kung may minimum units ba ang isang taxi franchise? may nakita ako sa ads na taxi for sale (w/ franchise) pero single unit siya. pwede ba yun – isang unit lang ang franchise? salamat

  2. Criselda says:

    Hello po magtatanong lang po sana ako kung saan pwede makakuha ng hulugan na tricycle? gusto ko po sanang kumuha kahit 2 or 3 gives sana ireregalo ko sana sa tatay ko nandito po ako sa US. salamat po

    • Leo says:

      @Criselda, karamihan sa mga motorcycle dealers, gaya ng motortrade, ay nagbibigay ng hulugan. inquire ka na lang sa kanila directly for the terms and other requirements.

  3. Bambam says:

    Sir may mabibili po ba akong Brand new Passenger Utility Jeep na Brand New na worth P300,000? Tulong po. I want to start my business po of my own. Thanks.

  4. medz says:

    meron po bang mabibiling brand new van/ nissan urvan na meron nang GT Express franchise? or any automobile shop offering such thing?

  5. MIra says:

    ei,,, help nmn po. bago q s bussness n jeep. operator aq kaya lng wla q kaalam alam s pagpapatakbo n2. dmi q ngiging problema kc me cra dw.. lagi nlng. matino nmn ata driver q. can someone gave me an advise pra mahawakan q ng maayos 2ng bussness n pinasok q. sana me mkapag advice.
    \

    email me plz – mira_sept3@yahoo.com

    • Thuy says:

      Mira,

      Sorry to discourage you. Pero wala pa akong alam na operator na nag succeed sa business na ito kung walang alam sa pagmemekaniko at pagmamaneho – at alam ang buhay kalsada. Para sa akin better stop while it’s still early. Otherwise, maghanap ka ng operations manager na mapagkatiwalaan mo.

  6. mandryn sun says:

    sir ask ko lang kung my 2nd hand taxi toyota new look 200k.,,
    kailangan ko po bago mag end of the month
    thanks.,,call me nalng po or txt me sa 09153302665/09153302664.,,

  7. sir tanong ko lang po sana kung mayroon po ba akong mabibili na 2ndhand jeep na double tire kahit 4bc2, 4d30 o 4hf ang engine. mga magkano po kaya ang presyo? kahit walang franchise. dadalhin ko po dito sa palawan. please emai me at vcolili@yahoo.com or call/text 09216639516.

    salamat,

    Victor

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