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Should I Sell This Truck Or Give It To Company To Manage It For Monthly Return?

This truck will be in Lagos by middle of June

Here are the details of the truck:

DAF XF 95.430 6x4

44 tons/44,000kg

Year of first registration is 2001

Mileage 650,000

Right hand drive

Should I sell this truck or should I lease it to a company for monthly payment, maybe for a period of time?

I reside in UK and I won't be in Nigeria to be managing this truck myself so I need to give it to company that will be paying me quarterly or monthly, depends on our agreement or lease terms. Also, I can sell this truck, come back to UK to buy another one and bring it down again to resell it.

In the long run, which of these two options do you guys consider to be good investment?

Note: I'm not in hurry to make this money back right away.

How much will it cost to resell this truck?

If leased to a company, how much am I likely to be making every month? Can you recommend any company?

I would really appreciate your responses and mostly from whoever is into this type of business.

Cheers, Tayo

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56 answers

Bros,

WITH MY HUGE EXPERIANCE, I WILL ADVICE YOU TO SELL THE TRUCK OUT, BECAUSE HEAVY STORY WILL SURELY COME OUT LATER. NO NIGERIAN OR COMPANY WILL GIVE YOU GOOD RETURNS IF NOT STORY.

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Hi tayo, i would advice you not to sell the truck but instead use it for haulage business. Within six month you would realise your money back and buy another one. If you need advice on how to get a good manager call me on 08060759304. I'm into haulage business too and also a custom license agent.

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Please be wary of this guy called Ekitikan (also uses ‘Gade’ on this forum - although he appears to have deleted that ID). He is a fraudster! I am talking from personally experience after responding to one of his adverts on Nairaland. A word is enough for the wise!!

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Our company specialise on helping people run their comercial buses,many people are complaining about bad drivers and no retun on investment.Now we have the solution for you,just mail us and we would send to you our offers and how we can collaborate to make sure you get your money back from the bus, gigangltd@gmail.com.Mail now and we would give you our comprehensive offer.

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I am presently looking for a reputable company that can handle my truck(NO STORIES), it’s a box truck that is used for haulage business(goods). I would like to know the following info on the business/company.

• How much should I be expecting

• Is the payment monthly or weekly(I prefer weekly)

• Who take care of the maintainers

• How is my truck and money secured plus any other important information i need to know

plz if you have any information on how to manage my truck email me at pcmadu@yahoo.com

Thanks.

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I have eight months old Volkswagen Vanagon bus that I gave out for commercial transpot,but the whala of the drivers are too much.pls I need your advice on what other business I can do with the Bus other than the perssengers carrying transportation. Pls I need your advise.

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Hello

I will like to lease truck from your company kindly furnish me with your terms and condition.

Regards

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Can i get any good deals for my pay loader? For Sale or Long Lease.

Call 08023075750

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this ur truck is over a year now. What r u upto? If u had made a decision since you would have been getting your retuns by now or buyin ur 3rd truck at least. Decide man!

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if u have to sell the daf xf 95 for how much will it go?

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Hi, i saw your ads on nairaland. I have a proposal, by the way i am a sales person with lafarge. I make deliveries to some yoruba cities. I have a proposal per your truck. We deal on trailer with flat bed 40". Let me know if its ok to forward my proposal. Thank you

Kolade A.

Emitralia Int Co Ltd

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@Tayo-UK

hiya. bout to embark on some importation. just a quick Q, how much does it cost to ship a truck like from the UK to lagos?

Year:1993

Color: Blue

Body Type: Solid body

Axle: 4x2

Mileage: 755,200 km

Engine & Transmission: Engine: 5.9l

Power: 97 kW (132 hp)

Gearbox: Manual

Driving axle: Front

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@ d7thcaller,

I mean i'll call u.

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@ d7thcaller,

Sorry, should have replied you earlier but was away for a while.

I'll you over the wknd so we can move sumtin.

Cheers bro!

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@ Lonchi, kindly drop your email or phone number so I can contact for us to discuss my offer. Thank you and best regards. Mine is 07066070949 or you can as well call me .

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Kinharold,

I have a mack truck and if you can pay 600k per month, its urs for lease.

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i need to hire some tippers.want to deal directly with the owner and i don't mind paying in advance as long as the truck is in a very good condition.

i also have a pay loader i want to rent out,is anyone interested. you can reach me on 07058585887

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yes o, how is it going?

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@Tayo,bring us updates oh.

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I am seriously looking for Tippers. mack man diesel etc, 20tons, ten tyres. i pay 450 to 480k per month. guaranteed, no stories.

kinharold2@yahoo.com

07034268732

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i have an uncle who is interested in nd truk;he wants to buy.how much do u want 2 offer.

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Hello, We are into haulage and transport business. We also do fleet management, we have 3 trucks we are managing for now, more expected next month. We dont do oil and gas for now . Basically we transport Containers, dry bulk/cargo goods.We Have a transport contract with Dangote right now. For a truck like Mack, IVECO, DAF, with a 40 feet flat body, we pay 400,000 per month, and for 15 tons truck with a box body of at leat 25 feet lenght, we pay 200,000 per month. Other details can be discussed. Documents and agreement will be provided and signed. Call/sms 08067115015, 08050529833.

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Hello Tayo,

Everyone wants a better business to venture into. I will suggest that if you can endure, giving it to a company to manage for you will be better. Just try it for three months, and see things for yourself. I bet you that you will not have need to import and sell, rather want to give them more to manage for you 'cos the return is so encouraging. You normally have little or no risk involved as well as I know. Just have a domicilary account and be relaxed.

I'm presently managing one for somebody in Lagos, and also looking for Tipper (truck) investor(s).

For detail, please call 08033876640.

e-mail: luckcharis@yahoo.com

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I think your long term plan is to come to Nigeria and start an haulage business of your own. I will post a full business plan of starting an haulage business in Nigeria on my website www.niajainfo.com by july 1,2009. The business plan should guide you on your next move. It will be comprehensive and freely avaliable.

I advice that the import duty you pay should not be less than or more than 195,965 naira for the type of truck you are bringing into the country. This about is based on custom new rule. The break down is below;

Surface duty for used truck head 140,000

s/c on duty                                     9,800

etls levy                                                     3,500

vat@5%                                                   42,665

Total duty payable                                 195,965

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Take simiac advice and sell. Any aternative will end in financial disaster. This is Nigeria, even under your nose, they try to skin you.

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It is better to place it under good hand to manage for u.You can contact on this telephone numbers You will be adviced Bayo Ogunruku-07041119461,Adebayo Adams-08060070339

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I'll be in Lagos on Monday. I might post my Naija mobile number here as soon as I get one.

I'll give you a call. Still trying to sort the clearing out but by Monday, hopefully, they should be out of Apapa

Thanks

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Hi Tayo, like i told you, hauling containers within lagos DOES NOT require any serious paper work or complex logistics. going up country is where the complex paperwork and logistics including insurance etc is very necessary.

i understand that u have to get all necessary info but like my pastor will always say

BEWARE OF THE PARALYSIS OF ANALYSIS. pls be careful nt to b confused by much advise and opinion.

When we manage ur truck u can easily monitor the activities directly or just appoint an agent/representative. you take back the truck any time u begin to get stories.

Do take ur time and make conclusions.

kinharold2@yahoo.com 07034268732

regards

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instead of requesting people to call you guys to get information why don't you just post it on there thread?

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Hi Mr Tayo.U can me on 07039298110 or 07082976339 and i'll relay the call to my dad.He's an independent cross-country truck-driver,so even if he doesnt manage your truck,he knows the drill:finances,paperwork and all related stuff.I'd have given u his number but he's on the road quite often,driving,but he's usually home @ mornings,if he isnt out of state(Lagos).I'm sure u must have been inundated with a lotta info,all the sugarcoated 300k/400k guys.From the little i know,dat kinda pay's seasonal,and the demand isnt that high.There are lotta trucks in 9ja,u should know that.(except if u have a personal fleet,which doesnt seem to be the case).So, Get in touch if u can.Take care.Godfrey.

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Thanks Simeon, I will call you in the morning!

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Thanks bro, I'll try and give you a call in the morning tomorrow!

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I think he meant building the tanker, the trunk

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what are these standards?

what do you mean when you say you are 'building a truck'?

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i know of a registered petroleum company in kaduna refinery called DALTEN ALHERI PETROLEUM,they have six filling stations and are building more and they are also into leasing of trucks,you can call them because i know they are more than capable of leasing the truck from you and you will not have any problem about an agreed monthly returns even though you are not in the country,but they have a set standard if you must know.my uncle has a truck with them and he is getting his monthly return as at when due,i am also building a truck to give them to manage.

call:08050549490,08035884853.

i wish you the best.

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Hi Tayo,

My name is Simeon , you called me sometime ago on info on the Haulaging Business . I have got some good news for you.

Please call me on +234 08033584111.

Kind Regards,

Simeon

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How far?

You found anyone reputable yet?

Seems RHD truck is not a big problem unlike passenger vehicles, can anyone confirm?

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Kindly give it to a reputable companty that would  manage it for u very well

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Thanks ifyalways - Can you can recommend any company?

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dont sell,give it to a reputable companty to manage it for u.It cud be fetching u 400K per month.

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Ready2give- did you get my email?

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Well, i am a suppliers of granite, sands and other building materials which i use tipper to carry and i can manage the tipper if given to me. my base is at ogolonto in ikorodu lagos state Nigeria. call 2348079951245 0r mail to sandsandgranite@yahoo.com for more discussion.

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@Blacksta

You were very wrong for hijacking the original poster's thread. What does it cost you to create your own thread especially when its quite obvious that he hasn't got an answer to his question yet. This is the same mentality you apply to running business in Nigeria, nobody want to wait for their turn they all want to jump ahead of others. Try and be civilized on this blog at least.

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Sell it fast. You can still get between 2.5 - 2.7m on this unit.

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did you lose money because you gave it somebody ? Your information is so vital.

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sell the truck, don't even think about giving it to someone to manage. it won't end well. speaking from experience. lost 15m just like that in less than 6 months, if not be prepared to lose. good luck

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Look for a company to hire it from you.

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find a good company to maage it for you, but please

when you are doing this go on good negosiation and

nerver you forget to give them term and condition that will

sweet you not them, l mean that will still put you to be the

right owner of the truck eles you may loss the right owner ship

in this line.

one more tips l will prefer you go on solid contract bound that delivers

you everyday.

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Hello,

Your plight is well understood on the truck but firstly i would advice you to give to reliable person to manage it for you.

secondly, i am well known suplier of building materials such as granite,gravel,sharp sands,softsand,laterite etc which i need tipper to carry them. I would like us to discuss more so that you may buy tippers in the nearest future and i manage them for you.you can call 2348079951245 0r mail to sandsandgranite@yahoo.com for more discussion.

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