Tricycle, Jeepney, Taxi and FX Operation
April 23, 2006 by Leo 17,819 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:
- It’s a lot cheaper
- You can even get a free line franchise on the package price
- If you’re lucky, you can get the new registration and insurance for free.
- Negotiable – you can haggle with the vendor on the lowest possible price.
- Hey, why not include that nice stereo in the package?!
Cons:
- Some parts needs to be fixed or changed before you can use it
- Operation maintenance is high
- Depreciation cost is high
- Will only be operational for a few more years.
Brand new
Pros:
- Sparkingly beautiful and smells fresh!
- Almost maintenance free for at least 2 years.
- Depreciation cost is low.
- Will still be in top shape (with good maintenance) for the next 6 years.
Cons:
- Expensive
- Additional cost for registration and insurance.
- Additional cost for franchise application at LTFRB.
- Additional cost for taxi meter.
- Additional cost for association memberships (TODA, PISTON, etc.).
- 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
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
2009 · All Rights Reversed ·
im thinking of investing thru car rental biz..gusto ko po sana itry yung mga private car rental na nka pila sa mga hotel/hotel taxi..panu po ba yun?i heard ok po ang kita dun…anu po kya ag pro s and con s sa gnung type ng business??thanks!!
hello!ofw po ako and im thinking of investing thru car rental biz..gusto ko po sana itry yung mga private car rental na nka pila sa mga hotel/hotel taxi..panu po ba yun?i heard ok po ang kita dun…anu po kya ag pro s and con s sa gnung type ng business??thanks!!
abBy_
Sir, gusto ko po sanang mag-paassemble ng wrangler jeep. Saan ho ba ang magandang puntahan para dito. Wla po kaming masyadong pera eh sabi nila pagawa na lang raw para makamura. Please advise. Salamat po. Elin
@Elin Baruela, ang alam ko sa cavite area marami nag-aassemble dun, but i’m not sure the exact location. tanong-tanong na lang kayo.
im interessted in buying used jeepneys in good conditions from P200000 too P300000 each
email me please
jim_raae_andersen@hotmail.com
about taxi franchise, nag-apply ako last march pa. and still for hearing pa daw.
kung bibili ako ng mga for sale na franchise. drop ko na lang un sasakyan, mas mabilis ba proseso nun???
Sir, balak po namin mag taxi business, kailangan pa po ba kumuha ng business name s DTI? and pano po yung tax remittance every year? sa BIR po ba iyon o sa LTFRB? pag kumuha po ba franchise, halimbawa 1 unit palang taxi mo 40K… yung succeeding unit mo ba wala ng bayad yun? pasensya na ah…dami kong tanong. thanks
good day! Sir this henry i am in sales of Mitsubishi products, just in case you have some inquiry re L300 FB Vans , Versa Van or even Mini Bus for business purposes i am willing to help. They can visit me at Citimotors Alabang West Gate Alabang Zapote Road Muntinlupa. Look for Henry Valmonte my contact no is 0917-8103174 or 0922-7236159 or they can send e mail at hgvalmonte@yahoo.com.
We have promo’s right now of all in which means free insurance,lto for 3 yrs and chattle fee.
THANK YOU.
this is an awesome site for inquiry!!! magtatanong lang po kung magkano po ang second hand na jeepney? gagamitin po sa negosyo di po pampasada. at halimbawa po nakabili ako ng jeepney sa manila or any other cities but i lived in Mindanao possible po ba na matransport ang jeepney to Mindanao without any hassles? ano po ang maipapayo nyo and what would be my next move? thank you in advance.
@gel, ito ang mga sources for buying a second hand jeepney, online: sulit.com.ph, car.finder.ph, http://www.adpost.com/ph/, offline: buy&sell newspaper or carfinder magazine. transporting it to mindanao is easy though quite expensive, a container van will be provided by the shipping lines. not sure if you still need clearance from LTO though, just inquire.
plano po naming kumuha ng brand new na vios para gawing taxi, dami nagbebenta ng franchise worth 70K, worth it kaya ito? sabi din daw, ir order to get a franchise nowadays from LTFRB, kailangan daw min of 10 units na, so i was thinking, sa mga gustong kumuha ng franchise na nagdadalawang isip kasi mahal, what if we make a group of 10 para paghati-hatian natin yung franchise para nakatipid na tayo, bago pa.
@Art, siguro mas mainam na sa LTFRB ka mismo magtanong for the latest info tungkol sa taxi franchise, ika nga e “straight from the horse’s mouth”. ito yung tels: 426-2515, 925-7191.
freeze daw muna sila ngayon sa pagbigay ng franchise. ;(
pwede un sinasabi mo. magsama-sama par mpadali un release
me plano akong bilhing taxi metered franchise na nag expired na last december 2008. pwede bang i renew ito? me bago akong vios na planong ikabit dito. paano ba yung process?
ask ko lng po kung san pwede bumili ng tricycle malapit d2 sa amin sa novaliches quezon city..gusto po sana nmin ung tricycle mismo ung buo na.secondhand or brandnew pwede po..paki detail po kung magkano at kung san po nmin pupuntahan at kung ano ang kontak # ng pwede nmin mabilhan..tnx..
@ann, subukan mo nag search sa sulit.com.ph for second hand or brand new tricycles, or in-print like buy&sell ads paper.
Hi. For a beginner who is risk averse, is it ok to try tricycle business? is the boundary rate per day that you posted still applicable today? can you help me do the math – initial investment, costs involved per day or per month (gasoline, maintenance, depreciation costs, etc)- so I can at least know whether i will truly have a profit or it is worth investing of my little money. thanks so much
Hi,
Last 2004 nag suggest ang kapatid ko ng tricycle business. Dahil wala akong idea sa dapat gawin ay binigyan ko lang sya ng pambili ng brand new motorcycle, brand new sidecar at saka lang naghanap ng linya. Nakabili kami ng linya pero binawi. Bottomline ay hindi naipasada ang tricycle.
Lesson: ay dapat bumili muna ng secondhand na may linya. Then sa pakikipag usap mo sa mga tricycle driver at operator, mapag aaralan mo tungkol sa business na ito. Kung pwede sa iyo o hindi. Bago o luma ay halos pareho lang naman ang boundary/day.
Kung saan ang gusto mong linya ng biyahe, I suggest mag post ka na Wanted to buy secondhand tricycle na may prangkisa. Sa napansin di mawawalan ng nagbebenta sa kung ano anong dahilan.
Maida et all
Tricycle operator ako dati and also a driver, dun sa toda namin sa valenzuela ang membership ay base sa linya mong nabili sa ngaun ang bilihan ng linya ay 80T para ka makabiyahe then motorcycle 80 T +sidecar 20T +membership ng driver 10T kaya total investments mo ay 190 T tapos ang ROI mo lang per day ay 120 pesos per day bale 4 years bago mo mabawi ang investments mo.But if you are the driver kaya mong kumita ng 500 pesos per day depende sa biyahe mo more or less.which can support the daily needs of a family with 2 children.
Hope this data will help a lot.
Thanks,
erik
@erik, salamat sa additional info.
Hi,
I have a daughter who walks to her school… and this is quite taxing for her. So, we were thinking of getting a tricycle which will bring her to her school. Then, we realized, why not 2 units to start a business, or maybe applying for a franchise.
Paano ho ba ito ginagwa? at mgkano ang capital.
thanks, lali
@lalie, get a uniT from authorized motorcycle dealers (motortrade, k-cycles, etc.). most of them offer installment basis. sidecar not included, though there are several shops that offer sidecar installation for additional 5-10k. prepare at least 70k for a single unit (cash basis). regarding franchise, as far as i know, registration is under the local municipal office.
ask ko lng po kng my hulugan na tricycle?magkano for 2yrs?
@thess, i think sa mga dealers ng MC like motortrade ay nagbibigay ng hulugan, kaya lang kayo mismo magpapagawa ng sidecar.
passenger jeepney na magagamit ko sa daraga albay,magkano po kaya magagastos ko?
@harry gabrieles, try mo mag search ng jeepneys for sale dito:
http://www.sulit.com.ph/index.php/classifieds+directory/q/jeepney