As a business owner in Edinburgh or Glasgow (or in any urban area, for that matter), you have certainly invested a lot of your time and effort (not to mention your financial resources) into making your business grow. And now that it is finally on its way to success and expansion, you are probably thinking of buying or hiring a fleet of vehicles, and are still weighing your options regarding which one is the better choice.
Whilst it can be quite true that owning a fleet can give you some benefits, the benefits you can get from hiring a fleet far outweigh the advantages of owning your own fleet. With hiring a fleet of vehicles, you not only save your existing capital – you are also freed from worrying about vehicle maintenance and servicing, and you do not have to deal with old vehicles (which you do not know what to do with) in a few years.
Let’s take a more in-depth look at the reasons why it’s better to hire a fleet:
No more depreciation
As we mentioned earlier, vehicles easily depreciate, especially after daily use. In a few years, you may have a fleet of vehicles on your hands which would be difficult to get rid of, and which would simply weigh you down. Not only can you save your capital for other expenditures that are essential for your company’s expansion – you will also save money in the long-term with a fleet hire.
A wide variety of vehicles to choose from
When you hire a fleet, you are assured of vehicles which are in top condition and which are mostly new. If you want the latest models in vans, for instance, then you can be sure to find it with the right rental company. If you have an impressive-looking fleet for your company, your customers will automatically have the right image of your enterprise as well.
No more maintenance expenses
Since you will be renting vehicles instead of owning them, you do not have to worry about the costs incurred for maintenance and servicing. This will be taken care of by the rental company, who will be responsible for all repairs and servicing. You will save time and effort as well as money, because all maintenance and servicing costs are usually included in the rental fees.
Better tax advantages
You may not be aware of this, but you can actually write off the payments you make for your lease and deduct it from your taxable income every year. You can even retrieve 100% of the value-added tax you have paid by making sure that the fleet of vehicles is used only for business purposes.
Making the right business decisions is crucial for the continued growth and success of your enterprise. And certainly, one of the best, most feasible decisions you can ever make is to hire a fleet of vehicles for your business – saving you time, money, and effort, and allowing you to make use of your financial resources in other lucrative ways. You can visit the website of a company like Pixorental to find out more about flexible fleet hire services.