DM Podcast: Special Guest #3 | Trapped in Private Hire? 40% Commission & No Way Out!
Description
In this episode of the DM Podcast, we sit down with our third special guest – a young private hire driver from Milton Keynes who's found himself in a tough situation. He's paying a massive 40% commission on his local base settle and the car – but what’s even more unusual is that it’s a percentage-based car settle.
We explore why he's trapped in this setup and can’t move to another operator, all due to:
🚫 Incorrect private hire licence area
❌ Poor advice from others
🧒 Being too young for car finance & insurance
🚗 Not enough driving experience for a TfL PH licence
If you’re a new or aspiring private hire driver, this episode is a must-watch. Learn from his story and avoid falling into the same trap.
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#PrivateHire #TaxiPodcast #MiltonKeynes #DriverMatty #DMPodcast #PHV #UberUK #TaxiLife
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