Buying a new taxi is a big step, and it's important to think about what you want before you start looking. How much do you want to spend? Where should you buy your taxi? Making these important decisions will help you to avoid problems later on.
Decide what you want and how much you can afford. Include the cost of insurance, MOT, road tax, petrol/diesel, repairs and servicing. If you are taking out a loan, add up the repayments and include any protection insurance.
There are pros and cons of buying either a new or second hand taxi vehicle. If you decide to buy a new vehicle you will receive a manufacturer’s warranty, your taxi will require very little maintenance and probably need no MOT’s for 3 years. On the down side they are far more expensive and depreciate the moment money changes hands.
Second hand taxis are normally much cheaper and normally lose less value over the first year of you owning one. But remember that a second hand taxi will have wear and tear problems but if you keep up with the servicing you should have fewer problems.
Below are a few second hand taxi dealers.
Elite London Taxis LtdNorth-East London based Elite Taxis Ltd specialise in the sale of well maintained ex-London taxis to buyers in the UK and World Wide including export to Europe and other countries.» Read more