Types Of Company Vehicles
Every company or business needs different types of vehicles to ensure the smooth running of the business. Businesses can decide to buy or lease these vehicles. This will depend on their needs and use of these vehicles. For instance, vehicles that are only used every once in a while, such as exhibition trailers, should be leased. This would be a cheaper option. After all, it does not make sense to buy a vehicle that you will only use once or twice a year or after every couple of months. Ideally, only vehicles that are used on a regular basis should be purchased. Since most businesses have limited finances, getting vehicle financing is highly recommended. If you run an exhibition business, it would make sense to buy your own exhibition trailers, which you can rent out to other businesses. Below is a list of other vehicles that every business may need:
i) Delivery Vehicles
After receiving orders from customers, you will have to deliver the ordered goods. You can decide to buy a larger delivery truck and a smaller delivery vehicle, or even a delivery motorcycle. While most eCommerce businesses usually opt for fulfillment services, it makes sense to buy your own delivery vehicles if it is the cheaper option.
ii) Staff Van
Most companies usually have more than half a dozen employees. Mid sized companies have dozens of employees while larger companies may have hundreds or even thousands of employees. It is usually necessary to provide transportation to employees on certain occasions. Having a staff van pick up and drop off employers from work is a great idea if you have many employees who can benefit from the staff transportation service. Staff vans can vary in size, so the number of employees in a company will dictate the number and size of vans or buses to buy or lease.
iii Trucks
Businesses that deal in goods often need trucks to bring in raw materials from suppliers and take products to clients. Trucks come in a variety of sizes. They range from small trucks to large trucks that can carry several tonnes of goods. Business owners have to assess their needs to identify the most suitable trucks for their business needs.
iv) Corporate Cars
Larger companies with many employees often need corporate transportation services. Instead of hiring taxis for corporate staff, a company can buy a number of luxury cars and hire professional drivers to drive those vehicles. However, if the corporate cars will be in use less frequently, leasing corporate cars may be a better option. After all, there are many corporate car hire companies in every major city around the country, so you should not have a difficult time finding the right firm for your needs.
As you can see, there is a wide range of company vehicles that a business may need. Weighing between buying and hiring these vehicles is crucial because you want to always make sound business decisions. Fortunately, there are many pros associated with both options.