Depending on monthly financing, an $8500 electric rickshaw might work. I guess the big question is how much is monthly financing for a used Nissan Versa?
replyIf I can purchase a used Nissan Versa for around $9000 and an Olina Uno for around $8500 and loan terms are roughly comparable, the used Nissan Versa would probably be the smarter purchase.
If financing for the Olina Uno cannot compete with financing for a used sedan, then I would assume that mototaxi owners would probably upgrade to a used sedan instead.
Very very few taxi drivers in Mexico are financing a $9000 sedan. They're mostly driving some taxi service's car and paying the service for the car or they're paying cash for a used and much cheaper car. $9000 is a lot of money for a taxi driver in Mexico.
reply