Toyota corolla for careem

[s_marz911]

Salam All, i wanted to buy a toyota corolla 2015 automatic 1.3 and use it for careem business class in karachi.

I have a few questions on my mind.
1- is it profitable if i use the careems driver with a fix salary of 25000
2- how long is the car used on daily basis
3- what kind of frauds should i be aware of.
4- if any one has a corolla in business can you tell me how much profit you are gaining and is it actually beneficial
5- I also heard that careem is not accepting any business cars.

[fastian04]

Bad choice to put corolla auto in careem. Best option for careem is wagon r or Cultus .people only book go rides and thus big car will gove u heavy loss. Auto gli will consume way too much fuel so either move to small car like wagon r or in bigger cars city manual ia best. I have my city on careem and nowadays i m thinking to move to wagon r

[khurem]

No, don't do that. It will not be profitable at all.

[s_marz911]

What model of wagon r is most suitable and can you also give me a breakdown of your monthly income. If u dont mind

[zuhaibafzal]

Get any model of WR. WR is the best for this purpose. And secondly, you'll get handsome return if you drive it yourself.

[fastian04]

Bro wagon r ..local as per ur budget. I give 800 per day to driver and earning is around 800-900 per day after subtracting daily fuel and also monthly oil change.. car is driven 5000 monthly. Around 11-12 hrs..u can contact ne for nay other details

[hamza1218]

Corolla for careem, I don't think so. I think for RENT A CAR, corolla will do great. A relative of mine in Karachi has two corollas on rent a car. For brand new car they give Rs.70,000/month and for one year old they give 60,000 but they keep car only for 2 years. You just have to give them car, no need to worry for fuel, driver, oil change. On that basis after around 2 years, you will get more than 15 lac return plus a car( it won't be like new but you can sell it at a good price probably around 18 I guess.

New GLI auto = Rs. 24,00,000
Total Rent = Rs. 15,20,000
Car Sell = Rs. 18,00,000

   Profit            =      15,20,000 + 18,00,000 - 24,00,000
                        =       Rs. 9,20,000 in two years

But, do contact others before taking this step.