What You Must Know Before Starting a Keke Hire-Purchase Business
A friend who’d been saving to buy a new keke called me when I enquired about prices. I was shocked to learn a brand-new unit now goes for around ₦5.2 million. He decided to invest elsewhere as soon as I shared the news. Owning a new keke makes you a prime target for snatchers. Reports of stolen tricycles are rising. Fake spare parts have also flooded the market. I once saw a new keke emit smoke during its first test drive. Operating a keke for transport wears it out fast. Most vehicles need major repairs after just two years. It’s wise to set aside money for maintenance from day one. Fuel costs can eat into your earnings. You must also keep your registration papers up to date to avoid run-ins with VIO officers and the police. Consider all these factors before you venture into the keke hire-purchase business.
Use The App To Win ₦1m
Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.