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Post# of 39543
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Jeep_Guy

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Jeep_Guy

Re: Cueva post# 28041

Wednesday, 09/28/2016 4:20:37 PM

Wednesday, September 28, 2016 4:20:37 PM

Post# of 39543
I would be shocked if they got $150/ unit for the meters. People keep forgetting the markets they are trying to sell in.

For example, let's say they sold a batch of meters in Lagos. The average annual income in Lagos is around $3,000 USD. That's $250/mo. You think the driver will spend $150 on a meter?

A decent motorcycle in Lagos is less than $1,000.

The average annual income of a cab driver in the US is $30,000 or $2,500/mo. Do you think a cab driver here in the US would spend $1,500 on a taxi meter? It's the same percentage of income.
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