Transportation

Bolt Nigeria Vehicle Requirements And How Much To Make From Bolt Business

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Bolt is a ride-hailing service-providing company that has revolutionized the transport business in Nigeria. It is arguably one of the best in providing comfortable rides to customers in classic cars. Right from the comfort of your home, you can book a ride with Bolt just by using the app on your smartphone.

Vehicle Requirements For Bolt

Bolt won’t just accept any vehicle to be used for ride-hailing, as they take pride in customers’ satisfaction, comfort and safety. For your vehicle to be accepted by Bolt, ensure it meets this vehicle requirement:

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Basic Vehicle Requirements

  • Vehicle license
  • Insurance Certificate
  • Proof of Ownership
  • Certificate of Road-Worthiness
  • Minimum of 4 door
  • Excellent working condition
  • AutoGenius Vehicle Inspection Report
  • Additional Documents for Lagos: State Hackney Permit and a Vehicle Body Tag for all route

Generally, your vehicle should be a 4-doors sedan or SUV from 2003 & Minivan from 2004. Also, the vehicle must be fully functional and fitted with AC. More details on vehicle requirements are provided below:

Accepted vehicles for Lite (Lagos only)

  • The model year is between 2002 and 2004
  • Your vehicle is a 4-door sedan or SUV
  • Your vehicle is in good condition
  • Your vehicle can seat at least 4 passengers

Accepted vehicles for Bolt

  • Your vehicle is no older than 14 years
  • Your vehicle is a 4-door sedan or SUV
  • Your vehicle is in good condition
  • Your vehicle can seat at least 4 passengers

 Accepted vehicles for Comfort (Abuja only)

  • Your vehicle is no older than 10 years
  • Your vehicle is a 4-door sedan or SUV
  • Your vehicle is in good condition
  • Your vehicle can seat at least 4 passengers

Accepted vehicles for XL (Lagos only)

  • Your vehicle is no older than 15 years
  • Your vehicle is an SUV or minivan
  • Your vehicle is in good condition
  • Your vehicle can seat at least 6 passengers

How To Get Your Vehicle Registered With Bolt

If your vehicle meets the requirements, the next important step is to get your vehicle registered with Bolt. Here is how to do so:

  1. Get your vehicle inspected by the inspection centres recognized by Bolt.
  2. Upload a valid Vehicle licence
  3. Upload your Insurance certificate
  4. Upload Proof of ownership
  5. Upload a Certificate of road-worthiness
  6. Upload Vehicle Inspection Report
  7. Tint permit if your windows are tinted
  8. The following are additional documents for Lagos: State Hackney Permit and a vehicle body tag for all routes.

How Much Can You Earn From Bolt Business

The national minimum wage in Nigeria is ₦35,000. Top drivers in Bolt can earn as high as about ₦300,000 per month. However, different factors determine how much a driver can earn per month. For instance, a Bolt driver in busy areas of Lagos may earn more than another Bolt driver in Ogun state.

Bolt charges a flat commission of 20% on every trip across Nigeria. Performance and efficiency predominantly affect a driver’s earnings in Bolt. Other factors that affect Bolt driver’s earnings include;

LOCATION: As mentioned earlier, location plays a big role in determining how much bolt drivers earn. Bolt drivers who earn big are usually strategically located in busy areas like airports, shopping malls, hotels, bus stations etc where demand will be high.  

SURGE: A surge happens when the demand for bolt drivers rises more than usual. At times like this, any available Bolt driver earns more. The top drivers increase earnings by driving in the morning and evening rush hours.

BONUSES: Bolt offers certain bonuses that can increase the earnings of drivers. For instance, a Bolt driver earns extra money by meeting certain conditions such as the number of trips made during a certain period, the number of hours online, or the average rating. Drivers are usually notified of these bonuses via the bolt app or emails.

TIPS: Some riders are benevolent and tend to give Bolt drivers extra tips for the great service offered. This is where your efficiency as a bolt driver can help you increase your earnings.

RATING: Rating is simply customer feedback on your driving experience. Bolt users have the privilege of rating bolt drivers from 1-5 stars. A driver with a high rating stands a chance of getting bonuses from Bolt which in turn increases earnings. Conversely, a driver with perpetual low ratings stands the risk of losing their driving privileges with Bolt.

Generally, taking into consideration all the factors stated above, broadly speaking, top drivers in Lagos, could make ₦350,000 at the end of the month while drivers in Abuja, can make ₦280,000.

Requirements To Become A Bolt Driver

  • -Have a valid driving license in Nigeria
  • -Be 21 years old or older
  • -Attend driver’s training offered by Bolt to learn how to offer quality ride-hailing service as well as navigate the app.
  • – Additional Documents for Lagos: LASDRI Card, Driver Badge, and LASRRA Card

BOLT NIGERIA CONTACT

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