Nikolai Sherstyuk

I have had personal experience with someone who bought and entrusted their car to a local taxi fleet, one successful with Ruslan at “UTCTAXI” and another unsuccessful with a friend who gave it to one of the largest taxi fleets. Investing in a taxi business is not only profitable but also risky. If “UTCTAXI” did not have a reserve fund for repairs, which is much cheaper … Read more

I have had personal experience with someone who bought and entrusted their car to a local taxi fleet, one successful with Ruslan at "UTCTAXI" and another unsuccessful with a friend who gave it to one of the largest taxi fleets. Investing in a taxi business is not only profitable but also risky. If "UTCTAXI" did not have a reserve fund for repairs, which is much cheaper than taxi insurance and any other form of reinsurance, I would not have taken the risk. I also knew Slava, who bought a car and then encountered a problem when his car was destroyed. However, thanks to the help of the fleet management and lawyer, he was able to resolve everything and even restore the car, which was important to me. Therefore, I recommend only approaching trusted individuals to make the investment real. As of today, I do not see any worthy payback periods, except for this area. Investing in a taxi still brings stable income, even in times of war and difficult economic conditions when other sources of income decline. I have looked at the research and realized that the Ukrainian taxi market continues to grow and develop, despite the high competition in this industry! In the end, it is necessary to choose the right taxi fleet and location where the car will work. If this trend continues, I will take a couple more cars in the summer. For now, I am testing everything on one Toyota Prius. The period is short, from November, it’s four months, so it is difficult to draw any conclusions, but the car is intact, and the earnings are clear day to day, and the rest is not important to me.