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Taxi Business Startup Cost Calculator

Estimate what it costs to start your taxi or private hire firm. Adjust the figures for your plan and get an instant breakdown.

Your plan

Set to 0 if you start with owner-drivers (their own cars).

Your estimated start-up costs

Upfront one-off (vehicles + licensing)
£—
Monthly running cost
£—/month
Insurance + dispatch software (from £35) + marketing
Recommended budget to launch (upfront + 3 months running)
£—

Tip: starting with owner-drivers and cloud software keeps this low.

Understanding the costs of starting a taxi business

The biggest variable is vehicles. Starting with owner-drivers — who use their own cars — removes most of the upfront cost, so many firms launch lean and add owned vehicles later. Licensing and insurance are unavoidable but predictable, and good dispatch software is a small monthly cost (from £35) that pays for itself by automating work. For a full walk-through, read how much it costs to start a taxi business and how to start a taxi business.

Want to see the savings side too? Try our dispatch software ROI calculator to estimate how much automated dispatch saves you each year.

Frequently asked questions

It varies widely. If you start with owner-drivers you can launch for the cost of licensing, insurance, software and marketing — often a few thousand pounds. Buying your own vehicles is the biggest cost. This calculator gives a realistic estimate from your own numbers; see also our guide on the cost to start a taxi business.

Operator, driver and vehicle licences; private hire insurance; vehicles (if you buy rather than use owner-drivers); dispatch software (from £35/month); and marketing. Insurance and software are recurring; vehicles and licensing are mostly upfront.

Start with owner-drivers so you avoid buying vehicles, use affordable cloud dispatch software like TBMS instead of expensive systems, and lean on free marketing such as Google Business Profile and local SEO before paid ads.

Modern firms run on dispatch software to take bookings, allocate drivers and take payments. It is a small monthly cost (from £35) that replaces far more expensive manual work — see our ROI calculator.
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