Taxi Driver Online

Now that De-restriction has been put to bed, I think the price of Plates will go up. Why rent when it’s cheaper to buy ?. Time will tell tho’.

dont think plates are gonna go up for a long time and cant see them ever getting to the 50k mark again..come next year they will drop again

i get what your saying john but its based on the market conditions and favorable ones at that.
just for theories sake lets say the taxi trade dies a death,the driver can no longer afford the rental
you either drop the price or you lose the income.
either way your down on income,when it drops to a level that it is no longer worth the bother then people will sell for less simply because it ain't worth what it once was.
why oh why do taxi drivers think they will be immune to the global economic downturn that we've only just seen the tip of the iceberg so far
ill tell you now i will never drive a taxi ever again,its [edited by admin],when you were earning a grand a week then it was worth it.
i reckon your lucky to earn half that now in fact i think its probably more like £450 gross pw for normal hours

oh and btw if you ever do sell make sure its for gold or land, sommit real as currency might not be worth the paper its written on and electronic money not worth the paper its not written on
and there will be no bread in the shops and no bits of paper from the cash machines

The above only goes to show, you are living in a fantasy world John, and have no conceivable idea of how markets work.


Let me spell it out for you John: fewer customers, greater competition, smaller returns, rising costs equals lower plate "values."

tbh the derestriction argument no longer matters in edinburgh
as the trade is simply being bypassed,its to late your market is gone,its a downward spiral from here on in.

My argument is based on conditions as they are now. As far as Taxi drivers thinking that they are immune to the recession, eh ?. What I dinnae’ quite get is how some people think that any downturn will ONLY affect the Taxi trade. Also not so sure about your views on gold either.... Seem to remember a story aboot’ a guy called, Gerald, (Cannae’ remember his last name, Skull will know) Anyhoo, he was trying to make a fast buck buying the stuff, per wee soul ended up getting shafted, wit’ a shame !. Btw, dinnae’ recall him predicting that one !.

Heres one o’ my predictions... Ph to be restricted shortly

ph restricted

c'mon john dont follow dougies path
that would require a change in legislation,and as far as im aware thats not on the cards,but if you'd like to point me in the right direction im all ears.

John, this is where all sensible debate goes out the window. You are just making a fool of yourself and showing your fear. You need to give yourself a shake.

downturns affect everyone apart from those that caused it.
ive no idea the price of gold but i do know that currency is all about trust and belief.
and theirs precious little of that left in the world, these promissory notes are worthless because their printed by thief's .

your only led to believe you have money in the bank.
its just an illusion theres really [edited by admin] all there but electricity

seriously though this global disaster is gonna be that big that the truth may yet be revealed.
i hope so
may you live in interesting times and all that

John will be alright though, his plate value will go through the roof, probably 60K by this time next year.

Yes, I can just see Edinburgh taxi plates taking on 'safe haven' status during the forthcoming economic armageddon, an even better bet than gold, the US dollar or AAA-rated government bonds.

Well perhaps if Dougie's medallion system was introduced, but as it is perhaps junk bonds would be a better comparison

It's an interesting process though, because of course taxi plates would only ever have had a negligible value but for the market expanding over the last few decades and taxi numbers failing to keep pace. If the market had been static or declining then things would have turned out a whole lot different.

But although I don't share the apocalyptic view of Ali and Skull, it will certainly be a few years before taxi plate values harden again, if at all.

No it most certainly hasn't. What part of it's not over until it's over don't you understand.

The fight goes on. And the certainty of winning becomes greater every day.

The council operating a restriction, to protect its own interests, in a modern economy is fundamentally immoral.

It can't be sustained.

Now get that into your thick skull.



You must be sleepwalking if you hadn't noticed that the council has just refused licences on flawed and out of date information. So, it's back into court. Spending more of your licence payers' money to prop up their corrupt policy.

And information supplied by the corrupt and vested interest city and central, whose grip of our trade is driving it into the ground.

We know that information supplied was manufactured and corrupt. The time will come when that will be examined under oath. And what do you think the consequences will be for those responsible?

So, wake up and smell the coffee.



BTW If you want to understand what the big two have done to our trade, have a look at the latest regulatory meeting. Company details on PH vehicles and a new smart service. Innovative thinking from PH that has put the pre-booked market at the pinnacle. And now the mechanism to crack the Greenways has surfaced. It can't be long before the test case comes to court. Hey, it could even be me involved. All we need is for the plods to play their part.

And all this while offering lower prices, better vehicles, dedicated response, innovative technology and market leading marketing.

If its Economic Armageddon next year then i think there will be loads of single shifted taxis on the go as drivers will walk unless rentals decrease to a realistic figure based on earnings when the Mega Recession kicks in, i feel for the genuine guys and not the ones who have milked it for years with their 5 hols a year pish, fancy cars, and only working when they want etc etc thats the cants that will be sweating

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LET THE TRUTH BE TOLD