High Demand for Taxi Plates
In recent years, there has been significant demand for commercial taxi plates, not only from within our country but also from abroad. Istanbul is particularly the province with the highest demand for taxi plates. Consequently, taxi plate prices are also highest in Istanbul. Istanbul's status as the most populous province, its vast distances, and its high monthly per capita income lead to intense demand for these plates. Due to this high demand, plate prices in Istanbul are much higher compared to other provinces. Examining the return data for investment vehicles in 2013, the fact that Istanbul commercial taxi plates were the second most profitable investment vehicle after the stock market increased their popularity. So, is it worth investing in a commercial taxi plate?
Investment data already shows that investing in a taxi plate is a highly profitable business. The reason for this is that the person who buys the plate can earn rental income by leasing it out, and during this time, the plate itself increases in value.
Investing in Taxi Plates
In Istanbul, taxi plate rental prices vary by district, but on average, they are around 5,000 lira. Those who wish to buy a commercial taxi plate need to be prepared to spend an amount like 1,200,000 lira. If this amount were invested in time deposit accounts and evaluated in the bank, a monthly income of around 4,500 lira could be earned. However, the money remains constant and does not appreciate. The biggest advantage of investing in a taxi plate is that the principal amount continuously appreciates, in addition to providing a fixed monthly rental income. Therefore, investing in a taxi plate is highly logical and can be preferred by those who have such cash on hand. For individuals who want to invest in a commercial taxi plate but do not have such a cash accumulation, there are different options available. The first is to use taxi plate loans from banks. Many banks such as Ziraat Bank, Garanti Bank, and Finansbank offer the possibility of using commercial taxi plate loans. You can become a plate owner by using these loans. There is also the option of buying half a taxi plate.
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