Buy Second Hand Taxi - With or Without Franchise (UV Express Line)

UV Express Taxi

The UV Express line or franchise is probably the most popular public transport franchise for a taxi (yellow plate vehicle) today. Many public utility vehicles converted from a private car to public transport is turning their investment into a taxi. But the question is how about for those who want to buy second hand car or taxi that does not have a franchise yet. Lucky you if you can find a taxi for sale in sulit.com.ph, now olx.com.ph or ayosdito but the thing is, there are lots of other options if you really want to invest on this kind of business venture. Below are a few resources you can opt in to apply for or use to your advantage especially if you still don't have a big money to pay for as down payment for the taxi unit you want to purchase and possibly convert into a PUV Express transport service.


Choice #1: Apply for Financing thru Private Lending Company

In the Philippines, there are basically 2 types of financing or loan company choices when we talk about buying a second hand car to convert into a taxi. This is the hard way compared to the second choice I will reveal below. What I am talking about is a private financing or lending company and banks.

With banks, you have no choice but to go for the long processing time it takes plus the dilemma of so very hard to get approved of your loan that you'd have to go through so many pre-qualifying procedures before you can proceed with the actual processing of being qualified to buy a second hand car or taxi.

Here is where a private lending company comes in. With this type of choice, all you will need is to have a prospect car or taxi you want to buy plus all the documentary requirements and a few pre-qualifying factors such as have a regular source of income and a bank statement. With this on hand, chances are, you will have your buy second hand car or taxi loan approved in no time. A perfect offer though is the minimum of 20% down payment only required by these private financing firms. The downside however is that a much bigger interest rate awaits the borrower.

Choice #2: Buy from Sulit.Com.Ph or Ayosdito Franchise-Ready Yellow Plate Taxi

Your second choice, should you have the money to pay for the down payment when buying is to opt in for a provider but the big problem is usually not knowing where to get the list of what to buy or where to see second hand car or taxi options. In this case, there is definitely a lot and it so happened that two of them are sulit.com.ph (now olx.com.ph) and ayosdito. For a taxi loan provider, please visit here.

Call me to apply for UV Express Loan – Sam Casuncad (Pinoy loan consultant)
Home office phone: 542 7015 / 366 3645
Sun Cellular No 0932 – 872 5532
Smart Cellular No 0939 – 9269335
Globe No 0917 – 5019245
Email application form at samcasuncad.ofwcashloan@gmail.com