Running a car can be an enormous expense. It will not only cost a great deal of money to buy the car in the first place, it will also cost a lot to run it, maintain it and get adequate vehicle insurance. If you are thinking of getting a car, you need to seriously weigh up your options to make sure you can afford it.
First, see how much insurance would be. You will be able to use price comparison sites to work out the price of different insurance options on different vehicles. This will be a good starting point for you. You will then need to factor in things like fuel, MOTs, services and monthly payments if you have bought the car on finance.
You also need to take into account the cost of having a company car. It will not cost you any money to run the car but do remember that it is a taxable benefit so you will be losing some of your pay each month.
Businesses will often have the need to transport people and goods, so if this applies to you, it’s important to choose the right options. This will help to make your transportation as simple as possible and it will help to save you time and money in the long run.
It might be the case that you need to transport large goods on a regular basis. If this applies to you, consider building up a relationship with a regular logistics company who can provide these services to you over a longer period of time. This will help you to get good prices and good service.
You may also want to consider the option of running a fleet of vehicles yourself. This could consist of vans, cars, motorbikes or other vehicles depending on your specific requirements. You could have a pool of company vehicles for people to use as and when they need them or you could assign a vehicle to the member of staff who will need to use it.