buying a taxi after landing >>>>>>>>>>>

[muhammad awais]

after landing in canada as an immigrant if i want to start a business MOST PROBABLY BUY A TAXI WHATS THE PROCEDURE  kndly guide me >>>>>>>>>>>>how much appx it costs >>>>>>>>>>license>>>>driver >>>>>>plz>??

[PMM]

Hi

after landing in canada as an immigrant if i want to start a business MOST PROBABLY BUY A TAXI WHATS THE PROCEDURE  kndly guide me >>>>>>>>>>>>how much appx it costs >>>>>>>>>>license>>>>driver >>>>>>plz>??

You have to give us an idea of the city.  In Vancouver a Taxi license would cost you about $450,000.

[CharlotteJ]

WOW!!!! r u kidding me??? .. you better buy a house with that money, in Cash if you can afford it off course and lease it out and go live! 

[muhammad awais]

Hi

You have to give us an idea of the city.  In Vancouver a Taxi license would cost you about $450,000.

its toronto sir>>>>>>>>>>>>>>>it seems to be impossible

[PMM]

Hi

I think PMM also included his consultancy charges in this cost which would be i guess 70 % of total cost....... lolz.......

I know it is hard to believe, but you might want to read this story from CBC in 2008.  http://www.cbc.ca/consumer/story/2008/03/03/qc-taxiownership0303.html  or http://www.straight.com/article-351155/vancouver/bc-supreme-court-sides-taxi-driver-licensing-dispute-black-top-cabs

[complexcanada]

Hi

I know it is hard to believe, but you might want to read this story from CBC in 2008.  http://www.cbc.ca/consumer/story/2008/03/03/qc-taxiownership0303.html  or http://www.straight.com/article-351155/vancouver/bc-supreme-court-sides-taxi-driver-licensing-dispute-black-top-cabs

I have read the topic so i have removed my comment..... happy/// ;-)
Btw u were going for fall 2010 to canada for study..... r u in canada these days?

[YorkFactory]

You think that's bad?  Medallions in New York City currently go for about $600,000.  As far as I know, the business model basically requires that you take out a loan to cover the initial cost of the medallion, but you will always be able to sell it to someone else later, so it won't really end up costing you that much.

[apple3981]

You think that's bad?  Medallions in New York City currently go for about $600,000.  As far as I know, the business model basically requires that you take out a loan to cover the initial cost of the medallion, but you will always be able to sell it to someone else later, so it won't really end up costing you that much.

Great info, thanks!

[scylla]

In case anyone is interested... I happened to be speaking with an owner in Toronto last week and apparently the taxi licenses here are now going for somewhere in the neighbourhood of $250K.

[CharlotteJ]

Hey, I know they are going to replace all Yellow Cabs in New York and replace them with something really hidisously ugly!

Maybe we can buy a few of those Yellow cabs that are going to end up being scratch and start our own Taxi business?

I ll be running the "Call Center' ok?

[andrewwall]

The woman fell in a sitting position on the roof of a taxi driver who went out just before the decline of deep roof of his house and smashing glass.