For businesses that have an extensive and ongoing need to make deliveries or carry products or items from one destination to another on a regular basis, buying a van, truck, or other commercial vehicle can prove to be the most cost effective and the most efficient option. However, there are occasions when renting a vehicle may prove to be the better option.
It doesn’t have to be a van, either, with commercial vehicles ranging from pick-up trucks to massive shipping lorries, all available for short-term and long-term rental periods. You should ensure that you choose the right vehicle, and that you include any additional extras that you need while ignoring those options that you do not require.
Why Use A Van Rental For Your Business?
Buying any vehicle requires a large initial outlay, as well as the ongoing costs of maintenance. As soon as you’ve bought a new vehicle, it will depreciate in value, too, which does not make a van purchase a sensible business option except where you have an ongoing need for such a purchase. Renting means no large initial outlay, no maintenance and servicing costs, and you can hand the keys back once you’ve finished.
Vans are commonly used for making small deliveries, or for carrying tools and equipment, but there are other options too. You can rent specialist vehicles like dropside trucks, and larger vans that are commonly used as removal vans. Large shipping lorries are another option, and these will carry a considerable number of items due to the space in the back of the truck. All sizes between van and shipping lorry can be rented.
Short- Or Long-Term Rentals
Similarly, you don’t have to use rentals for one or two days; a rental can be used for several weeks, or even months, either while you shop around for the best purchase or to fulfil a one-off requirement. If you prefer the flexibility that comes from being able to hand your van back, as well as the fact that you don’t have to worry about paying for things like an MOT or servicing, then a rental can become a long-term addition to your business.
Use Your Own Business Insurance
If you already have a fleet of vehicles, and you have fleet insurance, then you may be able to open a business account with the rental company, and then use your own business insurance, saving you a decent portion of the overall cost of your rental. Companies typically pass on the insurance costs directly to the renter, so by using your own insurance, it is possible to avoid this extra surcharge.
These are just some of the options available to you. If you will be travelling to Europe, then do ensure that this will be included in the cost. If you, or the driver of the van, is aged under 23 then you should inform the insurer and you may need to pay an additional charge. Similarly, if there will be two or more people sharing the driving, then you can pay an extra charge for the additional driver too.
Visit NationwideHireUK.co.uk more information on van and truck rentals, to see the options that are available to you, or to book your next commercial vehicle rental.