Fleet Management

Vehicle Management Service

This service is recommended for vehicle owners and individuals who want to invest in the transport business without participating in the day-to-day operations of the vehicle on the basis of Hire Purchase.

This service features the following:

  • The vehicle is managed under Hire Purchase terms
  • Vehicle Tracking Management
  • The investor gets 50% Return on Investment (ROI) on the value of the car
  • A monthly payout of N80,000 – N100,000
  • Vehicle ownership is transferred to the driver after the investor receives both capital/car value and ROI at the end of the Hire Purchase Tenure.
  • The vehicle owner or investor handles the renewal of the insurance policy and vehicle particulars
  • Weekly vehicle operation report sent to the email of the vehicle owner.
  • A monthly inspection and engine oil change
  • Maintenance and Vehicle Management
  • Driver recruitment and guarantor verification

How to Subscribe

Option A:

Bring a road-worthy car, comprehensively insured and tracker installed in it.

Option B:

We can assist in buying the car for interested investors, get it insured, and installation of tracker in it.

General Requirement

The below requirements are meant to be fulfilled for vehicle investors to participate in our services:

We accept only Toyota Corolla cars (Manufactured between 2003- 2008) for the vehicle management service.

  • The car must be duly registered with the necessary authorities.
  • The car must be roadworthy and in the best condition.
  • The car must be comprehensively insured (with excess buy-back).
  • The car must have a tracker on it.
  • Partners/Clients must obtain a registration form and pay necessary dues as required.

Duty of 5 STAR Transport Services

5  STAR Transport offers a professional taxi management service to all its clients. Our professional services include;

  • Recruit, train, and verify guarantors of prospective drivers.
  • 5 STAR Transport offers a conducive support ecosystem for the driver to access soft loans at a flexible payment plan.
  • The proficiency of the satellite tracking technology allows our team to keep an extra eye on your vehicle to prevent misuse of the vehicle and contravening of the terms governing the hire purchase contract.
  • 5 STAR Transport charges a 10% service charge of the hire purchase value for the vehicle usually paid by the driver before the commencement of the hire purchase contract.

 

Apply here