i was talking to one taxi driver (driving New Toyota Wish Transcab)

He mentioned something which I sort of know but I didn't realize that it was the case until i really thought about it.

He told me that for the cheapest cab rental, it is the Nissan Cedric $60+, older Crown about $80, average Wish, Sonata about $110, limo cab - $130 for Mercedes Cab and$150 for Chrysler.

From driving the wish, and driving alone, he makes about $1500 to $2000.

What he made me realise is rental for an average cab (not even talk about limo kind of more luxurious cab) is already twice the amount compared to an old Cedar

He also mentioned which I believe it is true, that some drivers can just drive the morning peak hours and  for the rest of the day.

Actually it is possible - for a daily rental of conservative $70, shared by 2 shift, each shift is $35. Add another $15 maybe for diesel (on a drive less pay less basis too), your cost is $50. Take one passenger from your house to town, e.g.Jurong to town, it is already $30, come back for another one, it is another $30, so 60, already in the black after first 2 trips. rest of the trip is profit / salary.

Same goes for evening peak.

That's why you will only see Cedric taxi parked like this at night either went home to sleep or to rest for a while  while the other counterparts Sonata and Wish are busy plying the roads, hungry for customers