Hi everyone last month I started looking for a cab, first of all I went to M&O in Brewery road N1 and spoke to Lee Hilligenn sales executive, he told me that a new bronze tx4 will cost me £31,995 with no deposit the repayments came to £630. pm over 5 years,road tax £405.
Used TX4 07 reg with around 100,000 miles on was going for £22,500, that works out at £465, pm over 5 years again with no deposit.
The government’s scrappage scheme finishes the end of march 2010, so you won’t get the government’s £2,000 and the £1,000 from LTI after this date
How convenient for the government just when it finishes the new stealth tax starts from April 2010, thats £1,500. added to the cost of a new taxi, in it’s first year.
How on earth do they expect to sell new taxis, with the government loading them with this. Well I suppose LTI should do something about it but don’t hold your breath.
If Andrew Overton is anything to go by, then they haven’t got a hope in hell, his attitude was you’ve got to buy one one day.
That’s what what he said when I payed the LTI factory a visit back in February this year,there was complacency written all over his face.
That maybe the case Andrew but it doesn’t have to be one of yours.
I’m not sure LTI really understand London cab drivers, when you reach a certain age in life, you don’t want to be loaded with heavy finances, we want to cut back not work longer hours.
From what I can gather after talking to many cab drivers, over the years they are still charging to much money.
Most drivers say they should be at least £10,000 cheaper.
Next I went to the Ascott cab co in SE8, while there I checked out their TX4 07 reg plates, again with around 95,000 on the clock going for £23,000 over 5 years works out £469,58 pm, with two years warranty
Not a lot of difference with just taxis in Benfleet, with only a years warranty it worked out roughly the same.
Being they are all LTI agents it’s not surprising.
Be lucky, Steve.