Buy or rent a van?
Buying a commercial vehicle is still a common choice. But is it a good thing?
Even today, we still see the idea that buying a vehicle is the only right way to get a van. Under the illusion of asset control, it is still a common choice for many entrepreneurs and businesses. However, owning a van comes with a number of drawbacks that you should consider before making the decision to buy.
There is a significant upfront investment of the order of tens of thousands of euros involved in the actual acquisition of a vehicle in this way. It is often necessary to use various financial products for this purpose, which even so leads to lengthy and difficult financing. In addition, owning a vehicle is disadvantageous because the value of the vehicle decreases as it gets older. The cost of operation continues to rise with increasing age. Another factor to consider when making a decision is that in the current pandemic situation, dealers' stocks have sold out, so that when ordering a new vehicle, it will be necessary to wait several months for production.
Choosing the right car rental company and setting the terms of your lease will simplify your business
Choosing the right commercial vehicle rental should cover all your needs, but it should also be cost-effective. At Payless Car, we offer vehicle rental products that can be divided into three basic categories
Short-term rental (Payless Car Rental) - is a rental with a length of one day to one month. It is suitable for sporadic use of these services, often associated with higher mileage.
Payless Car Rental - this is a one to twelve month lease with no commitment. It has the advantage of a lower rate per day of hire, as well as considerable product flexibility. Depending on the needs of the client, the individual parameters of the rental can be changed to cover the client's needs as much as possible.
Long-term rental (Payless GigaRent) - rental for 12 months or more, gives you the full comfort of permanent vehicle availability with full fleet service and affordable pricing.
What are the advantages of renting a commercial vehicle versus buying?
It is advisable to choose a product that suits the intensity of your commercial vehicle usage. Whichever type of lease you choose, the availability of your chosen vehicle should be almost immediate so that you can start using the van straight away. It is the immediate availability that is one of the main advantages of renting, avoiding months of waiting when you have to deal with the transportation of goods in an alternative way.
If you don't own the vehicle you are freed from a lot of administrative duties and costs. Actions such as registration and deregistration of the vehicle from the registration, warranty service inspections, insurance, in the case of an older vehicle also technical and emission inspections, or seasonal changing, all these are time-consuming and financially demanding tasks that you cannot avoid in the case of vehicle ownership, but by renting through a reliable partner such as Payless Car Slovakia you get all these fleet services in the price of the lease.
Use the vans seasonally and save
Seasonal rentals are a specific type of using the services of a car rental company. If necessary, it is very easy to increase your fleet by one or more vehicles for the desired period. Many companies only use vans seasonally, for a few months of the year, or need to increase their current fleet for an overlapping period, e.g. due to the opening of a new operation. In this case, it does not make sense to consider buying and bearing the cost of the vehicles even if they will not be used. Whether your activity is focused on selling seasonal goods or courier services, by renting a vehicle you can easily increase your fleet without unnecessary liabilities. The length of the lease itself can be operationally changed to suit your exact needs. So you only pay for vehicles when you actually use them.
If you are still undecided and would like advice, please contact us on +421 2 2086 2620 or by email at info@paylesscar.sk.