Taxi as a second job. Anyone doing it. Can you drive in the bus lanes?

321654

A few of my friends got Taxis. The first got one 3 years ago and since him telling the stories of how good it is others have got them too over the last couple of years.
They are making fortunes on top of their normal salaries.

They put the signs on the cars on the way home from work. They were telling me they usually get a few fairs on the way home.
ie they get one fair to wherever that takes them. Then between there and home they might get another and so on. If its a good night they'll stay out and rake it in. If not they'll go home.

One of them has a job taking 2 kids to their school every morning. This is on his own way to work so nice to get paid for travelling to work too. And another is getting work from his own company if they need to send clients to the airport after 5pm. He reckons he gets one more or less every day this way.

Seems like a good way to earn a few quid extra for a while, just in case. Does anyone else do this? What kind of license do you need? And more importantly, can you drive in the bus lanes on the way to work?

ardmacha

Troll.

blahblah06

oh good luck this should start an interesting thread

321654

ardmacha wrote: »

Troll.

Oh would you stop.

Im interested in this. Ive been hearing them talk about it for ages and now im thinking of doing it, since i have to take my holidays before April (use them or lose them policy) because ive so many days left, it seems like a good idea if i have too many holidays to waste next year.

slumped

I think it's a great idea.

If you need to supplement your income and you can speed your journey along the way then great.

Didn't Michael O'Leary own a licence??

There is no such thing as too many taxis - just too many drivers that want to work social hours and don't get that often unsocial hours are needed too.

If I were still living in Dublin I'd probably consider it. Lots of quiet evenings with nothing on the TV - you could do worse than pull up at a rank and get a fare.

S

mikemac

321654 wrote: »

A few of my friends got Taxis. The first got one 3 years ago and since him telling the stories of how good it is others have got them too over the last couple of years.
They are making fortunes on top of their normal salaries.

Realy? Where in Ireland? Sligo? Athlone?
I suppose you'll post Dublin as everyone on boards assumes it's there :rolleyes:

321654

mikemac wrote: »

Realy? Where in Ireland? Sligo? Athlone?
I suppose you'll post Dublin as everyone on boards assumes it's there :rolleyes:

Dublin. You're right, Sorry, i should have said.

321654

321654 wrote: »

A few of my friends got Taxis. The first got one 3 years ago and since him telling the stories of how good it is others have got them too over the last couple of years.
They are making fortunes on top of their normal salaries.

Yeah....and

oisindoyle

321654 wrote: »

A few of my friends got Taxis. The first got one 3 years ago and since him telling the stories of how good it is others have got them too over the last couple of years.
They are making fortunes on top of their normal salaries.

They put the signs on the cars on the way home from work. They were telling me they usually get a few fairs on the way home.
ie they get one fair to wherever that takes them. Then between there and home they might get another and so on. If its a good night they'll stay out and rake it in. If not they'll go home.

One of them has a job taking 2 kids to their school every morning. This is on his own way to work so nice to get paid for travelling to work too. And another is getting work from his own company if they need to send clients to the airport after 5pm. He reckons he gets one more or less every day this way.

Seems like a good way to earn a few quid extra for a while, just in case. Does anyone else do this? What kind of license do you need? And more importantly, can you drive in the bus lanes on the way to work?

You gave me a great laugh ,thanks for that.Definitely brightened up my day ...lol

blahblah06

ok think of this. 6500 just for licence. add all the extras not listing them. how many odd jobs do you think it will take to get that back

Ham'nd'egger

blahblah06 wrote: »

ok think of this. 6500 just for licence. add all the extras not listing them. how many odd jobs do you think it will take to get that back

Odd how he asks us here but he never thought of asking his mates:rolleyes:

Neil_Sedaka

Speaking of taxis, anyone seen the Carlsberg ad lately?

321654

blahblah06 wrote: »

ok think of this. 6500 just for licence. add all the extras not listing them. how many odd jobs do you think it will take to get that back

Seems reasonable to me. I already have the car. I'll only be doing it when im bored or on the way home. Shouldnt take too long to make back.

So i can get Solar panels or a taxi with some of my bonus. And im not getting solar panels. Talk about a long payback.

321654

Hamndegger wrote: »

Odd how he asks us here but he never thought of asking his mates:rolleyes:

I was asking here because they are speaking with rose tinted glasses. They can say no wrong about it. And they havent just got their taxis this year. I was looking for some objective opinion here.

Im not too worried about making money. I notice more and more, people walking up the rank bargaining. Well i can drive a hard bargain if they want to go anywhere on my way home. Im not really in it for the money anyway. Just to make the odd few bob here and there and go out when im bored or have nothing to do at the weekend.

Are there many people doing this with their redundancies also? Or those who are going on a 4 day work week. Id imagine there are. Easy money if you have nothing else to do.

Ham'nd'egger

321654 wrote: »

I was asking here because they are speaking with rose tinted glasses. They can say no wrong about it. And they havent just got their taxis this year. I was looking for some objective opinion here.

Im not too worried about making money. I notice more and more, people walking up the rank bargaining. Well i can drive a hard bargain if they want to go anywhere on my way home. Im not really in it for the money anyway. Just to make the odd few bob here and there and go out when im bored or have nothing to do at the weekend.

Are there many people doing this with their redundancies also? Or those who are going on a 4 day work week. Id imagine there are. Easy money if you have nothing else to do.

Have a look at their audited accounts and see for yourself how well they do and their outlays. Ask their kids how much time Daddy has to read them bedtime stories and help them with homework. Ask their wives about cosy nights out and ask them about adhering to the Working Time laws here in Ireland and let us know about it.

mikemac

As a second job eh?
Well the best of luck with it and report back here in a few months and let us know how you'll get on
Hey do us a favour and don't go hanging out the back of taxi ranks and blocking traffic lanes. Seems to be standard procedure in Dublin where you are!

But realy I'm not sure I want my driver to be working 40 plus hours in a PAYE job, probably add on a few more hours in commuting and then start into long shifts in the taxi at the weekends.

Is that realy safe? Got 100% concentration going when you're driving me home at 2am? And realy is it even healthy for you?

Volvoboy

http://www.youtube.com/watch?v=o784Tf8wZkc&feature=related

http://www.youtube.com/watch?v=iBa-c1O9agw&feature=related

http://video.google.com/videoplay?docid=-6281764060794278586

http://www.youtube.com/watch?v=Gl0hAeohq1w

Fools and thier money are easaly parted, what car will you be using for a taxi?

iseethelight

i wanna be clear i'm not a taxi man

but consider people who have to do this for a living now times are tighter people are cutting back on things like taxi's
is there really enogh work to be worth your while part time
plus i could be wrong but i think licences are now only awarded to people who will be full time- i dont know how this is regulated

321654

Hamndegger wrote: »

Have a look at their audited accounts and see for yourself how well they do and their outlays. Ask their kids how much time Daddy has to read them bedtime stories and help them with homework. Ask their wives about cosy nights out and ask them about adhering to the Working Time laws here in Ireland and let us know about it.

Hardly relevant if im only doing it a couple of hours a night after work. Say about 5pm to 7pm.
Sure if i get no fares im home at the same time anyway.

They dont do it to get rich and neither will i. They do it because they can do it on their way home to make a few hundred a week extra. One of the guys keeps going til he has enough to pay his mortgage. Though when its raining out, they say they can make as much as they want really because everyone wants a taxi then.

And when there is nothing on telly, like today i can just go out and see if i can make a few quid.

I assume expenses like the €6500 cost of the plate, petrol, tax, insurance, maintenance are all tax deductable? Even better.

And its probably time to get in there and get the plate now before any new regulations are brought in because of all the protests. Thats really whats making me want to do it right now. I know a few people about to take the plunge because they are afraid of new regs coming in, so i'l share any info i get.

Tell me more about these working time laws.

oisindoyle

I'm bored now .Dont feed the troll

321654

mikemac wrote: »

As a second job eh?
Well the best of luck with it and report back here in a few months and let us know how you'll get on
Hey do us a favour and don't go hanging out the back of taxi ranks and blocking traffic lanes. Seems to be standard procedure in Dublin where you are!

But realy I'm not sure I want my driver to be working 40 plus hours in a PAYE job, probably add on a few more hours in commuting and then start into long shifts in the taxi at the weekends.

Is that realy safe? Got 100% concentration going when you're driving me home at 2am? And realy is it even healthy for you?

I doubt i'll be out at 2am. Probably do maybe 10 hours a week. Sure i only work 35 hours a week anyway as it is (Finance).

321654

iseethelight wrote: »

i wanna be clear i'm not a taxi man

but consider people who have to do this for a living now times are tighter people are cutting back on things like taxi's
is there really enogh work to be worth your while part time
plus i could be wrong but i think licences are now only awarded to people who will be full time- i dont know how this is regulated

Im thinking of myself here. If i was made redundant i would have the taxi to fall back on. Thats why im thinking i need to make a move now, before i need the money badly and cant afford it.

My mates seem to think there is plenty of work. I saw those scare monger videos already. Im told they are hyped up by the unions to keep new entrants out of it.

I have the figures from one of the guys. Ill root them out and post them here.

oisindoyle

321654 wrote: »

Im thinking of myself here. If i was made redundant i would have the taxi to fall back on. Thats why im thinking i need to make a move now, before i need the money badly and cant afford it.

My mates seem to think there is plenty of work. I saw those scare monger videos already. Im told they are hyped up by the unions to keep new entrants out of it.

I have the figures from one of the guys. Ill root them out and post them here.

Funny that ,,AGAIN,,,,the videos and protests had nothing to do wiht the unions according to all media outlets

(Note to self ,I just fed the troll )

321654

oisindoyle wrote: »

Funny that ,,AGAIN,,,,the videos and protests had nothing to do wiht the unions according to all media outlets

(Note to self ,I just fed the troll )

Well the unions would say that wouldnt they.

I thought you were bored. Go away if you are.
Im trying to make a big decision here.

321654

some info i found if anyone else wants it.

http://www.adverts.ie/showproduct.php?product=91932&cat=all

http://www.taxitaxi.ie/how_to_become_a_taxi_driver.html

http://www.adverts.ie/showcat.php?mcats=all&si=taxi&what=title&name=&when=0&whenterm=&dist=&radius=&low=&high=

Terrontress

How much is taxi insurance compared to private insurance for the same car?

And if the cost of taxi insurance is tax deductable does that pull it closer into line?

Reganio 2

I wouldn't listen to your mates saying "Oh I make xx on the way home without even trying" Taxi drivers are notorius liars, in fact last night in a taxi home the taxi driver I had never seen before got a phone call and after he puts it down he goes "I F'n hate that, he *points to phone* is saying he has made 500 quid already.. My arse."
The bloke on the phone was his mate as well so I wouldn't exactly be listening to them

Ham'nd'egger

Terrontress wrote: »

How much is taxi insurance compared to private insurance for the same car?

Anything from as low as €600 to as much as €6000 depending on NCB, policy type, vehicle and your risk profile. The two main elements pushing rates up over private quotes are the risk based on higher road time and public liability cover. Currently I pay €1200 Full comp with a full NCB and from what I hear of, it's low enough. Certainly if I was in the PAYE world, I'd expect to pay half of that.

arybvtcw0eolkf

OP, get a job delivering Chinese take away instead and don't throw good money after bad.

(I'm assuming your not a troll for the moment).

Oh, and your mates are full of shit.

.

2qk4u

No money in Taxi driving now. Its a waste of money getting into it now.

horseydevine

chinese deliverys is the way to go, im gaurented at least 140 tax free every saturday night i work. well worth it.!!

blahblah06

Bizarre. You say you will work 10 hours a week extra. Ok u have to reg ur car as a taxi there goes half its value. 7000 for plate, and tax nct. Add 2000 insurance at least may even be up to 5k depending on who you are and what you drive.

so thats 9k minimum on the road. Actually add 800 to fit the car out with the taxi gear.

so say 10k all in.

Personally I would rather keep the 10 k in my bank for a rainy day if I was not a cab driver and had another job to go to. Seriously

How long do you think it will take you to earn that 10 k back to pay your expenses. Dont forget that doesnt include wear and tear, fuel and most of all it doesnt include your day to day living expenses.

So you will be basically working in a cab more hours just to pay off the plate which will be worth nothing in a few years when you do pay it back because things will get worse.

Just thinking logically lad.

However it is up to you and there is a 3 month waiting list.

Just hope you dont come back saying **** no money out there and have a 10k loan to pay off.

321654

blahblah06 wrote: »

Bizarre. You say you will work 10 hours a week extra. Ok u have to reg ur car as a taxi there goes half its value. 7000 for plate, and tax nct. Add 2000 insurance at least may even be up to 5k depending on who you are and what you drive.

so thats 9k minimum on the road. Actually add 800 to fit the car out with the taxi gear.

so say 10k all in.

Personally I would rather keep the 10 k in my bank for a rainy day if I was not a cab driver and had another job to go to. Seriously

How long do you think it will take you to earn that 10 k back to pay your expenses. Dont forget that doesnt include wear and tear, fuel and most of all it doesnt include your day to day living expenses.

So you will be basically working in a cab more hours just to pay off the plate which will be worth nothing in a few years when you do pay it back because things will get worse.

Just thinking logically lad.

However it is up to you and there is a 3 month waiting list.

Just hope you dont come back saying **** no money out there and have a 10k loan to pay off.

All good points. But i think i might get in there before all the taxi protests end up with regulation again. Not too worried about the value of the car. Im going to keep it til its dead anyway. Im not planning on doing it with a loan either so no interest there. Theres plenty in the rainy day fund, so i think its worth a punt.

I was checking out insurance - €1140 a year.

If it doesnt work out, i'll just sell it. I reckon i'll make €200 a week minimum plus more if i decide to stay out longer or go out weekends. Even more at Christmas. That will be the investment paid off within the year.

I might go harder at it just to get the investment back faster.

The next door neighbour says he'll rent the car off me too when i get home. I must look into that.

Ive arranged to drive around with one of the lads to see first anyway.

PS. i can get a plate for much less than €7000

blahblah06

i meant 7k with all all the nct and everything ya know. in the end it all adds up trust me. Your right though you will earn 200 a week easily but just remeber fuel and everything has to come out of it.

Im not complaining at all. If you have the money and wont miss it go for it. Take the chance. But for goodness sake just do your research. go out on a fri night at 9 pm same sat and see what your up against.

I dont know if you can rent a taxi down were you are but look into it.

Good luck with it mate and be sure to let me know how u fare out.

just in regards to selling the plate. just remember how many will be selling and you will be waiting a while selling it unless you take a loss on it. if u reg ur car u will more than likely be better of sellin it with the plate.

Just be aware that it will be grand and the start making a few bob but it gets really bad after a while

james116

this guy is just on here to cos s*it i would not mind him but if he really wants to get a taxi on the rd go for it brother.

mikemac

horseydevine wrote: »

chinese deliverys is the way to go, im gaurented at least 140 tax free every saturday night i work. well worth it.!!

Remind me to never tip a delivery driver again so

321654

mikemac wrote: »

Remind me to never tip a delivery driver again so

Me neither

corktina

i would guess those expenses would all be tax deductable would nt they?

321654

There is even more money than i thought to be made in this business.

http://www.worldtaximeter.com/dublin#

Spook_ie

Ah sure there's a fortune there just waitin' for you, I mean even yem man who settled his house dispute the other day reckons he does 62000 a year, so your paltry 200 will be easy to do

The court heard that Mr Boyne, a €62,000-a-year taxi driver, had paid all mortgage repayments and some bills. Gibson, a €26,000-a-year receptionist, claimed she had paid gas, electricity and other bills.

http://www.independent.ie/national-news/receptionist-gets-836445000-for-her-share-of-exs-home-1626330.html

then don't forget all your benefits of being able to join in the protests, sure if you were a balaclava no-one at work will even know its yerself

http://www.herald.ie/opinion/comment/the-hidden-face-of-cabbies-very-public-protest-1630438.html

And then there will always be the added bonus of the one weekend when you got greedy and worked the unsocial hours, of Eau De Vomit and Essence of Bile wafting it's way to your delicate financiers nostrils from the vomit stained mats and seats....


Come on in the trades loverly.....

321654

Spook_ie wrote: »

Ah sure there's a fortune there just waitin' for you, I mean even yem man who settled his house dispute the other day reckons he does 62000 a year, so your paltry 200 will be easy to do



then don't forget all your benefits of being able to join in the protests, sure if you were a balaclava no-one at work will even know its yerself

http://www.herald.ie/opinion/comment/the-hidden-face-of-cabbies-very-public-protest-1630438.html

And then there will always be the added bonus of the one weekend when you got greedy and worked the unsocial hours, of Eau De Vomit and Essence of Bile wafting it's way to your delicate financiers nostrils from the vomit stained mats and seats....


Come on in the trades loverly.....

Thats probably the best time to go out looking for fares. When the rest of the boys are off protesting.

Gumbo

i cant wait to see your posts in 6 months time :

taxi plate for sale

if you are genuine, i would really recommend you rent a complete taxi for a month or two before you get into the game.

321654

kceire wrote: »

i cant wait to see your posts in 6 months time :

taxi plate for sale

if you are genuine, i would really recommend you rent a complete taxi for a month or two before you get into the game.

Call it insurance against the recession.

Making a little money every week is better than making no money.

€62,000 a year is a good wage, as was in that report that was posted. Im sure the womans solicitors got the mans audited accounts to verify that, so it is probably accurate.

Gumbo

321654 wrote: »

Call it insurance against the recession.

Making a little money every week is better than making no money.

but will you earn the money??? thats the million dollar question.

your insurance is 1500 per year give or take.
road tax is 79 (thats the best bit)

yearly NCT - and taxi test - 250

loss of car value
loss of full NCB
again you pay the tax on your earnings.

dont forget not all the costs involved are tax deductable, as you have to gactor in a % of private use too.

mikemac

But you're down so much money before you even get your 1st fare.
You need your licence and it's associated costs, your car halves in value and even if you won't sell it your maintenance bills will shoot up.

If I was looking for a 2nd job I'd be a barman and not something that requires 6,500 to buy into.
You're only going to do 10 hours per week, it'd take months to make it back.

horseydevine wrote: »

chinese deliverys is the way to go, im gaurented at least 140 tax free every saturday night i work. well worth it.!!

As for you my friend does your insurance company know? Any insurance application I've ever seen asks if you are using it commuting & pleasure or for business use. They expressly mention fast food delivery.
Hey, don't hit me when you're out driving around uninsured.

Spook_ie

321654 wrote: »

Call it insurance against the recession.

Making a little money every week is better than making no money.

€62,000 a year is a good wage, as was in that report that was posted. Im sure the womans solicitors got the mans audited accounts to verify that, so it is probably accurate.

Absolutely, don't keep asking about it, just go for it...

321654

kceire wrote: »

but will you earn the money??? thats the million dollar question.

your insurance is 1500 per year give or take.
road tax is 79 (thats the best bit)

yearly NCT - and taxi test - 250

loss of car value
loss of full NCB
again you pay the tax on your earnings.

dont forget not all the costs involved are tax deductable, as you have to gactor in a % of private use too.

Insurance wont be that much. I posted the quote earlier.
Not too worried about thevalue of the car. I bought it in the UK a few years ago before importing it when i came back here, so im way up on that already.

I pay tax on my earnings no matter where i earn it.
Private use will be the same as it always was.

Im not seeing a whole lot of downsides to this.

Ive asked my mate to email me his figures. I'll post them here. Hes been reading this and is going to bring over his accounts to show me hes not a bull****ter in case i doubted him, which i dont anyway.

Spook_ie

321654 wrote: »

Insurance wont be that much. I posted the quote earlier.
Not too worried about thevalue of the car. I bought it in the UK a few years ago before importing it when i came back here, so im way up on that already.

I pay tax on my earnings no matter where i earn it.
Private use will be the same as it always was.

Im not seeing a whole lot of downsides to this.

Ive asked my mate to email me his figures. I'll post them here. Hes been reading this and is going to bring over his accounts to show me hes not a bull****ter in case i doubted him, which i dont anyway.

Why bother wasting time, just do it, you've nothing to lose except for the longer you leave it the longer before you start making money...

james116

i will sell u my plate

321654

james116 wrote: »

i will sell u my plate

How much?

Whats included with it ... meter, printer, etc ?

Gumbo

321654 wrote: »

Insurance wont be that much. I posted the quote earlier.
Not too worried about thevalue of the car. I bought it in the UK a few years ago before importing it when i came back here, so im way up on that already.

I pay tax on my earnings no matter where i earn it.
Private use will be the same as it always was.

Im not seeing a whole lot of downsides to this.

Ive asked my mate to email me his figures. I'll post them here. Hes been reading this and is going to bring over his accounts to show me hes not a bull****ter in case i doubted him, which i dont anyway.

what year is your car?
bear in mind the the 9 year rule is alreafy in place for newcomers.
and also the space requirements too.

whch means no more almera hatches as taxi's etc etc

i think you should go for it, i think you need a reality check and you wont believe anybody unitl you do it yourself.

you were warned.