For both new start-ups and well-established businesses, choosing the correct company car is essential. It’s been a tough year for small businesses in particular, and getting the right car for your business can help with your survival. Whether you need to be on the road to meet new clients, to sell your products, or as a way of advertising, this guide will help you find the right car. Factoring in budget, image, and practicality, we’ve put together the definitive guide for you.
Type Of Business
If you operate a large business, then you’ll have a larger budget and will be able to opt for a brand-new vehicle. Brand new vehicles obviously come with plenty of advantages, including a warranty. This will ensure that costs for fixing any problems are kept to a minimum. Of course, brand new vehicles are less likely to breakdown, and are often more environmentally friendly meaning lower tax and often lower fuel costs.
For small to medium businesses, second-hand cars are a budget friendly way to finance a car for your business. Opting to purchase a car from a reputable online used car dealer will allow you to significantly reduce the price of purchasing a brand-new vehicle, whilst providing you with that peace of mind that you’ve bought a sound investment.
If you’re able to pay for a car in full in one instalment this is the cheapest option. However, if your current finances won’t allow for one large expenditure, there are a number of ways to finance a car purchase that may be more suitable, including hire purchase, taking out a personal loan, and personal contract hire. You may find that you can purchase a company car on a credit card and pay it off in instalments too.
Financing your car will help your company budget as you can factor in the monthly costs, although it will cost slightly more in the long-run when compared with paying upfront.
Style Of Car
When thinking about cars for your business it’s important to think about both practicality and brand image. No matter your budget there is a vehicle style that will offer the image that you’re trying to portray. Whether it’s a sleek body in a black, white, or grey, or something a little more unusual, it’s totally dependent on how you want your customers to perceive your business.
But remember it’s not only style that counts, your car needs to be practical and suit your needs. Saloon cars are great if you have to go out and meet clients, while 4x4s are perfect for journeys that take you out into the countryside, and larger vehicles like vans are ideal for jobs that require transporting goods.
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