If you’re a small-scale company owner who has products or services which requires you to travel frequently, then you’ve likely thought of purchasing vans, or one of them when you’re part of an even larger staff. Maybe there is one already, and are considering the possibility of upgrading or replacing. Before doing anything else take a look at this article!
There are advantages to owning a fleet of vehicles or vans for free however do they outweigh the disadvantages? Have you considered the possibility of hiring out a fleet or van might be more advantageous for your company or yourself? In this month’s issue, we look at the benefits and aid you in making the right decision for your company.
The economics of van rental
A brand new car as well as a van fleet can look great on your financial statement, and you might even get tax breaks from the government. But, on the flip side, you’ve spent a significant amount of cash that you’ll not be able to recover fully, since depreciation kicks in from the moment you take your vehicle off the forecourt. The value that vans will have in the future is also not certain at present.
If you are buying a car it is also necessary to consider all the expenses related to managing the vehicle: road tax and insurance, breakdown protection MOTs, and servicing. If you plan to frequently travel into Central London in a non-compliant vehicle, you’ll be required to pay The Ultra-Low-Emission Zone fee as well as the congestion charge. In no time you know, the costs have risen to a substantial amount of cash.
A ULEZ certified vehicle will spare the need to pay to cover these expenses, allowing you to move your commercial products from A to B and with only the travel to consider! In addition to the financial benefit If you lease an automobile solely for business purposes, you can take back your VAT, and the lease cost could be tax-deductible.
Reliability of vehicles
In the current market, and with a recession on the horizon, nothing is to be a guarantee. Renting the vehicle you need for your company provides you with security and freedom from the need to make an agreement. This way, the added stress of the cost related to vehicle maintenance could be taken care of. The responsibility for maintenance is transferred to the company hiring you as it’s in their interest to have up-to-date and reliable vehicles for their customers. Many hiring firms, including us are also equipped with breakdown solutions to cut down on the amount of time spent trying to get to the place you’re required to go should something happen.
If you’re in need of it, it’s there.
After the COVID-19 outbreak motoring has been impacted by a shortage of solenoid. There is no information available on the date when this shortage is expected to be over and the possibility of purchasing new cars will get more difficult. Today we could be looking at waiting times of 12 to 18 months before purchasing a new vehicle. It doesn’t matter if you’d like it be either long-term or short-term, van hire Stourbridge is a great option for your transportation needs.
Flexible as you want to be
Van hire provides you with the most flexibility whenever you require it. Are you looking for a larger van to handle a bigger job? Are you looking to scale back your van during less busy times or speed up the growth following the award of the contract? It’s not just possible but it’s also easy. This also gives you the possibility of driving in more modern and efficient vehicles without having to trade or sell the van you bought.
Copyright Reseau Actu.