THE HIDDEN COSTS OF TAXI DRIVING: What costs new drivers might often overlook

THE HIDDEN COSTS OF TAXI DRIVING: What costs new drivers might often overlook

When entering the trade, most new taxi drivers focus on headline expenses like vehicle rental, fuel, and insurance. But there are a number of additional, less obvious costs that can add up quickly and catch new drivers off guard. These costs affect earnings and should be factored into early planning.Licensing and regulatory costsBefore any driver can legally begin work, there are several one-off and recurring costs linked to licensing. These inc…