THE CRAZY COSTS OF OPERATING A MATATU/ -900k a year

Are you curious about how much it costs to operate a Matatu in Kenya? In this video, we break down all of the expenses involved in running a Matatu, from fuel costs to maintenance and insurance. We also cover the potential profits (or losses) of operating a Matatu, so you can get a full understanding of the financial side of this popular mode of transportation. So if you've ever wondered just how much it costs to run a Matatu, be sure to check out this video!
Below is a link to a blogpost with more details and figures to support my claim.
www.mianomuthii.com/2021/12/k...
Also, this video is to educate and entertain
/ mianowmuthii
/ mianowmuthii
0704427181/ 0751085881

[@simonwainaina7360]

Back in 2000 nilienda Dubai na pesa ambazo nilitoa UK nikanunua Nissan mbili .Moja nikauza 7k cash na ile ingine nikaweka viti nikatia kwa rd.route 145 .It did not take me long to realize I was on speed post speed to bankruptcy.I remember begging a gentleman who worked at high Court ainunue.Aliponipa pesa which was Peanuts for lack of a better term I boarded flight same day back to ughaibuni.Matatu is not a business that will ever cross my mind again., At least not in Kenya.

[@mianomuthii]

Waah... interesting story

[@WaweruG]

New mat 8yrs (Japan) 1.8m , duty 700k , seats, others accessories 120k, Sacco entrance 120-200k ( approximately) (2.7- 3m) Matatu what matters huwa ni DRIVER and TLB (route) Driver can uplift or finish you in a flash. Have an emergency fund. Get a trusted mech and know where parts are sourced (Kirinyaga road) always bargain. Have passion and keep track of expenses and income/revenue. Take control, responsibility and know almost every aspect of matatu.. you will win.

[@mianomuthii]

Can't argue but hukuweka depreciation n hiyo bei currently iko 2.8 m ya new mat juu ya viti n add ons

[@GatebeWaGatebe-kk6fx]

You have put it like a really professional. Wooooow, very good advice

[@kamaujohn9785]

This is an eye opener.I feel the policy our country has put in place are the ones that are making hard our matatu owners to thrive. That operation cist is too high.

[@alexkinyanjui4296]

Kazi safi bro...very insightful keep them coming

[@mianomuthii]

Thanks 🙏

[@estherwanja8124]

What you have said is very true,I had one last year

[@mosesmwanzia3477]

What happened?

[@luchirimusa231]

i love the way you explaine in details and rates, you the best.

[@mianomuthii]

Thanks 👍

[@254MM]

very informative, your content is very good keep up the good work

[@mianomuthii]

Thanks 🙏 appreciate it

[@susannyambura6316]

Thank you for what your doing

[@MrDavidigobwa]

Thank you for that insight of matatu industry.

[@mianomuthii]

Welcome..🙏

[@debrashee]

great content 👏

[@davidkinyuah1042]

Kudos bro for such an informative videos. One time i was interested in this biz..2nk has over 800 matatus.That means major routes are thinly shared and this affects the income. Kindly cover this topic in your future video.

[@simoofficial6092]

Great content!!

[@victorymedia-cw8tz]

Good job bro. can you also advice about Buying box for Safaris business like tourist . what are requirements?

[@samuelkuni]

Good insights Muthii

[@mianomuthii]

Thanks 🙏

[@ericnjeru1656]

I like your advice bro,cheers ....

[@mianomuthii]

Thanks 🙏

[@dicksonmwendwa1595]

Am always in love with your content bro...and since am so passionate about this business despite the disappointments,I think I'll take you as my mentor in this when the right time comes for me to get into this business.Though I prefer to be driving it myself.

[@mianomuthii]

And why do you like the business so much

[@morrisndegwa1324]

Very informative...great content

[@mianomuthii]

Thanks

[@jenniffer2248]

So enlightening. Keep them coming👍

[@mianomuthii]

Thanks 🙏

[@mamayao4208]

@@mianomuthii I have a question please answer if you can. You've mentioned about saccos and the fees that one pays monthly. What do you get in return from these saccos? Apart from the 3500 that they pay yearly, is there any other advantages of joining one? Do you think it's a scam? 2ndly. I can understand why insurance is at a premium but the question is...if there's an accident and everyone dies in that van, do you think insurances do reimburse family members or do they only pay the matatu driver and all is done? Thanks in advance. Good content btw:)

[@mianomuthii]

@@mamayao4208 okay... First the sacco fees you pay some are used for operations and the monthly shares are savings that earn you dividends a year..most saccos py between 5 to 15 % interest with regards to the earnings and expenses of the saccos. This savings also gives you access to cheaper loans i.e 1% to 0.8% a month. Lastly the insurance is a third party and no car insurance in Kenya covers drivers. So it falls under third party insurance law's

[@dvjarikaofficial839]

good info kudos

[@sheikhkelvin8650]

Hii yotee, ndo maana tunapea makanjo chwani kwa barabara 😂

[@elijahnjuguna8634]

Good advice

[@avbless5846]

Asante kutuchanua...planning ni muhimu👏🏾🇰🇪

[@mianomuthii]

Thanks 🙏

[@stephenwairia7241]

Nice content

[@mwasblue1]

Thank you kaka

[@digitaldaawah9565]

Thanks for being honest ni watu wachache can be honest this way. I think pia ni cartel wanaweka hizi cost deliberately kudescourage competition.

[@mianomuthii]

maybe wll never know

[@IBIE965]

That 2.8m you can do 18 single rooms 4k each room 72k every month zinaingia kwa account bila kusumbuana na kanjo,police, ntsa,insurance, mechanics,driver, conductor, sacco...

[@mianomuthii]

Very true

[@morriceambaisi759]

2.8M haiwezi jenga 18 rooms. Labda za Mabati 😂 Anyway, better rentals than Matatu business..

[@sonofafrica6855]

Hiyo doo haiwezi bana ata kama hizo unasema ni from 5.5 and above for rentals

[@IBIE965]

@@morriceambaisi759 inaweza a single room estimate ni 150k I know someone who has already done it he bought a plot at 400k 100 by 50 in busia and build 18 single room at 2.7m

[@IBIE965]

@@sonofafrica6855 5.5m ni bed sitter hizo 18

[@georgengugi497]

Correct

[@randomfunforever7823]

Well said

[@mianomuthii]

Hopefully umegain kitu

[@collinkenya]

thanks for sharing

[@mianomuthii]

Thanks 🙏

[@jurassic-ms5qp]

Wah great content bro. People should about this channel. nimelearn a lot yenye univesity haiwezi funza. Also some questions i have which you may discuss next content, What is the very importance ya kuwa kwa sacco? na ni lazma mtu akue kwa sacco? shares ni ya nini tena? Advantages ya shark over box ni nini? na kanjo ama ka aacident ikikupeleka court huwa unalipa kama ngai hivi? ama hapa ndo sacco hukuja to the rescue. na what about buses

[@mianomuthii]

Mmmhh.great question

[@Sarakassy]

You can’t get in matatu business if you’re brand new, utakulwa bure. It’s a cartel business where money is only made by old timers in business.

[@mianomuthii]

Very true especially in big Sacco's

[@shelmithwairimumuthii1964]

Sasa, which business I'd good

[@user-wo7wm4zp7t]

Munyonge hana haki hata habari kila kitu ni wizi na ufisadi daima!

[@nicholasirunguofficial7714]

Bro you are doing a good job.pliz can you break down hizi magali ndogo kaa sienta tafadhali

[@mianomuthii]

Okay 👍... will do a research on that... thanks 🙏

[@morriceambaisi759]

Sienta is a nice vehicle on milage, low fuel consumption

[@jamesnjenga813]

Biashara ya matatu ni wash wash tena ukiona biashara muindi hafanyi achana nayo

[@mianomuthii]

Nakumbaliana na wewe

[@JohnMwangi-jv3pp]

😂 haha

[@jichopevu3550]

Kkkkkkkk haki wewe

[@edgarogechi3749]

Wewe pia umeajiriwa🤣🤣.... Nimependa hii content

[@mianomuthii]

Haha 🤣🤣.. the irony and yet you the boss... thanks lakini 🙏

[@salimmachila5736]

And what is the benefits of these sacco things?

[@mianomuthii]

First lazima gari owe ina Sacco or limited liability company to be a matatu, second owning hizo stage points n route's ni expensive as an individual..

[@savvytherealsavage]

Uki buy matt iko already kwa sacco (eg MOM sacco) route tuseme Bamburi-Ferry.. uivishe body...but unataka ku change route ichape Mtwapa-Ferry but still MOM sacco wana operate.. As a new owner lazma you join the sacco again as new owner?

[@mianomuthii]

Yeah 👍... Unless you are hosted by the seller of the vehicle without the knowledge of the sacco which is illegal and could bring new issues... This is juu lazima Ile gari utalipia tlb n kulipia advance tax..

[@rafaelnjenga7879]

Sasa hii 110 k ya comprehensive insurance cover ni monthly au how long

[@mianomuthii]

Nope comprehensive insurance is just 4% of the car value for the whole year

[@rafaelnjenga7879]

If a vehicle niya 3.9 m wat might be the monthly rate for a comprehensive insurance please

[@jacklineachieng1131]

This matatu business is good with rich people not poor

[@simondavid9614]

Sauti ya video zako iko chini

[@mianomuthii]

Hi David..I noticed that problem with my earlier videos but did work on that... Sorry about that...I am working on a second video on the same topic...

[@maxwellbarasa9178]

Nimekufeel time tumemaliza hesabu ukasema matatu is crazy.....it really tells alot

[@mianomuthii]

Yeah but got its good time pia

[@maxwellbarasa9178]

@@mianomuthii Thanks for the very educative session ...inaitwa eye opener

[@dennismbaabu7]

4000 anatolewa wapi? gari ni mpya sikatai mafuta nayo ikapanda bei ya fare ni ile ile 😂😂😂

[@jacksonnjoroge8078]

What if you give sacco like 2nk to manage for you?

[@mianomuthii]

Waah hiyo ni bad idea..just leave your cash in the bank n eat slowly...

[@jamesnjenga813]

Vile matatu zilitufanyia siezi jaribu tena heeh wacha zininebe

[@mianomuthii]

Would you like sharing??

[@georgendiga]

Biashara ingine useless ni bar inafanya mtu maskini

[@mianomuthii]

Kabisaa idid a video on that...kzbin.info/www/bejne/epKydYV4gLxqjZo

[@salimmachila5736]

System ya majambazi

[@mianomuthii]

Can't argue... someone said ukiona place muhindi aingilii Archana nayo

[@bryanbrian4810]

good content but sauti maze

[@mianomuthii]

better with recent videos..

[@mianomuthii]

nway thanks for the feedback

[@user-wo7wm4zp7t]

Corruption at work what’s wrong with Kenya people?