Renting Vans and its Benefits for Business
Buying a vehicle for your business can be an expensive ordeal – it’s akin to owning a personal car but it would require a lot more for your business. There’s the down payment, monthly payoffs, maintenance services, repairs, taxes, insurances, and more.
While it is convenient to purchase a vehicle for your business, there is a way around owning one, especially if your business is just starting or you’re looking to reduce some of the operational costs. And that is to opt for a long-term van rental in Singapore.
The idea of a long-term van rental for your business is similar to you renting a car for your vacations abroad. The only difference are the rental duration and purpose of your rental.
Having said that, let’s take a look at some of the benefits of long-term van rentals in Singapore for businesses along with how you can opt for such rental at Edmund Vehicle Rental.
Flexible pricing and usage
Businesses usually require long-term vehicle rentals to complement their operations, so contracting a van for a specific time can be a great solution. If you run a courier business, you can certainly benefit from the flexible pricing and usage because you can hire a van for a certain duration.
Plus, you can also benefit from the fixed monthly costs and may not have to pay upfront for customisations. On top of that, your business can enjoy attractive maintenance packages and comprehensive services from your selected vehicle rental company. These options offer you all the convenience of contract hire.
Wide selection of vans
Some businesses tend to rent or hire vans without thoroughly researching how suitable the vans are for their business’ intended purpose. From seating capacity to fuel economy, you need to find out about the van’s usage with respect to its purpose.
Whether it’s for a business trip, team buildings, or sending out your orders, every occasion requires different types of vans. And vehicle rental companies like Edmund Vehicle Rental has a wide selection of vans such as cargo and passenger vans. Besides, renting a van that’s suitable for your business purposes can help manage your cash flow.
Complete servicing and maintenance
When you opt for a long-term van rental, you can rest assured that your van(s) have a full maintenance and service history. On top of that, you get notable savings for renting a van for your business because your rental company will take care of the service and maintenance schedule, so you don’t have to worry when any of your vans break down.
For instance, Singapore’s vehicle rental companies like Edmund Vehicle Rental will not rent out their vehicles unless they meet the safety requirements by LTA (Land Transport Authority) during the inspection period. This implies that all their commercial vehicles go through stringent checks by LTA and STA to ensure they’re safe and usable.
24-hour breakdown support
Some vehicles tend to break down at the oddest timings. It could happen during traffic congestion, which adds to more congestion and stress to your drivers, or during a service delivery whereby you need to get your order out to your customers. In times like this, you will need to look for an alternative.
As such, most vehicle rental companies provide 24-hour breakdown support, which you can use to organise and manage your rented van. It also provides you support on what you should and shouldn’t do during a breakdown. Not only that, but it also means that you don’t have to waste time or resources on finding a replacement.
When you’re just starting or have limited capital for your business, opting for van rentals is good for your business. That way, you can focus your capital elsewhere – on things that will help grow your business.
At the same time, you can avoid the hassle of getting your bank loan approved. Because at this stage, your business credit is still low due to the extensive capital investment into your business. When you have low credit, you will either be denied a loan by the bank or made to pay a large amount of interest on the loan needed to purchase the vehicle.
In conclusion, renting a van for your business is far more convenient than purchasing one. When you need some reassurance about a long-term van rental, you can refer to this article to reaffirm yourself while making important decisions.
At Edmund Vehicle Rental, we offer a range of van rentals to suit your business needs. You can choose between a cargo or passenger van. For your staff’s ease of driving, the vans are either fitted with an automatic or manual transmission.
If you’re keen on renting a van or two from us, simply contact us at (65) 6250 3339 or email email@example.com.