Investing in a Commercial Taxi Plate
Commercial taxis are one of the most important elements of Istanbul's traffic, and as a vital part of transportation, commercial taxis are among the sought-after investment tools of today. So, how much money is needed to invest in a taxi plate? You can find detailed information on this topic from relevant online companies on web pages.
How Many Taxis Are There in Istanbul?
Unfortunately, the number of taxis in Istanbul, Turkey's most populous city, is not proportional to its population. In the city, which has nearly 18,000 commercial taxis, this number is not sufficient to meet the demand. The vast majority of these vehicles are given by their owners to galleries or stands in exchange for a certain rent. A large portion of those who drive taxis consist of drivers who work for a daily wage. Some commercial vehicle owners also prefer to hire a driver and operate their vehicle in shifts.
Renting a Taxi Plate
In many big cities, especially Istanbul, plate owners rent out their plates to galleries. The plate, rented out for a certain fee, is operated by the driver who rents it. Renting, which is an important source of income, continues to be a livelihood for many drivers. Taxi plate rental prices are determined by the gallery, the owner, and daily economic developments. Those who want to rent a plate can either use their own vehicles as commercial taxis or buy a vehicle from a gallery and use the plate in this way. The rental agreement is generally for 3 years. The rental fee is increased slightly each year. To rent a plate, 3 residential documents with photos, a copy of the identity card, a criminal record, and a guarantor are required.
