How can van hire be beneficial to businesses?

VanHire1For many businesses that are just starting out, funds can be tight and it can be tough to know what money really should be spent on.

Vehicles are one such asset for which expenses can quickly add up, but advances in technology, and the van and car hire sectors more generally, can help businesses to save.

Hiring commercial vehicles removes the need for a large initial outlay and could be a cost effective alternative to purchase depending on how long a vehicle is required for.

According to the latest figures from the British Vehicle and Rental Leasing Association, the number of vans being rented in the UK in 2016 jumped by 16.2%.

A major reason for this was an increased uptake in rental services by businesses that only required seasonal vehicles or who had very small workforces.

It’s not just the initial outlay that a business is protected form in this instance, as maintenance and upkeep costs are also not required.

Nearly every vehicle will depreciate in value over time and that is another factor that must be considered by any business prior to purchase.

Hiring vans or other commercial vehicles has another advantage too, as there is a certain degree of flexibility and simplicity when it comes to increasing or downsizing the size of their vehicle fleet.

A business can find the vehicle that best suits their needs, often when they require it and at short notice.

Any business that opts to hire should also be able to access the latest models of cars and vans, in turn increasing the quality of service that can be provided.

Not only does a business have transport it can rely on, but the majority of hire firms will also provide support should something go wrong.

One aspect to consider if you do want to hire vehicles for a business is van hire excess insurance, as this will cover the excess that would need to be paid should a hire vehicle be damaged or stolen.

Get a quote today and see how the added extra can provide peace of mind when hiring a car or van.

Date Created: 01 April 2018 by Questor Insurance