Select the Best Van for Your Business
While you may not be a ‘petrolhead’ and you may not know what ‘brake horse power’ is you do know your business and what it needs, both now and in the future. That is exactly where to start. Write a list of all the attributes that your new van must have. These will include answers to questions like:
- How many people will it need to carry?
- What cargo will it need to transport?
- How big in size must the cargo space be?
- Where will it need to go?
- Who will be driving the van?
Answering these questions, along with a few of your own, you will have begun to define exactly what your new van must be capable of.
Price
One of the questions that you may have asked yourself is “How much can my business afford?” When considering expenditure on new vehicles for your business it is important to consider a few additional factors including:
Are you aiming to buy outright or will you take a loan for your new vehicle(s)?
Is van leasing or contract hire a cheaper, more suitable option?
Many small businesses, and private individuals, are finding that leasing or contract hire is a far more suitable option for a multitude of reasons. The big one is, of course, cost. If you change your vehicle every 1 to 4 years you are likely to find that leasing is actually cheaper. The fixed monthly payments make budgeting far simpler and the inclusion of maintenance and repairs in the lease contract alleviates many headaches. Another good reason to lease rather than buy is tax. If your business is registered for VAT then you can reclaim some of the tax you pay on your van lease contract.
Economy and Fuel Read the rest of this entry »

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