Could Commercial Truck Rentals Save Your Business Money?
As a business owner, you know that you need to minimize costs across the board for your business. Not only that, but you also want to maximize profits, it’s business 101. Vehicles are definitely no exception. Forking over the money for that new truck can prove to be quite costly. Commercial truck rentals can be a more cost-effective option for your business. We are going to tell you how they can save your business money.
Save money on maintenance costs
It’s no secret that trucks can be costly to maintain. According to AAA, vehicle maintenance and repair can cost an average of $1,186 a year. This is not even for a commercial vehicle. A commercial truck will likely require more maintenance. Think about the number of miles that you will be traveling in that truck. Think about the construction sites that may have potholes, nails lying on the ground or who knows what. Also consider the fact that you will be using your truck to carry some heavy loads. You may even use it for towing.
If you plan to be in the construction industry, you wouldn’t want to trade places with your truck. It is going to be put through some stress. Commercial truck renters do not need to worry about maintenance because the rental company will be responsible for maintenance and repair. This will save you from spending time at the mechanic and we all know that your time is your most valuable resource. It will also give you peace of mind knowing that you are driving a vehicle that is safe, reliable, and properly maintenanced. It’s just one less thing to stress about.
You only pay for what you need
When you buy a truck, you are stuck with it. You will be making payments on that truck whether you use it or not. This means that tons of money could be potentially going down the drain. If you are thinking of buying a fleet of trucks, you will be spending an even more astronomical amount of money. Then, if you get tired of it and want to sell them, you need to remember that vehicles depreciate with time and depreciate a lot. The value of your vehicle can depreciate thousands of dollars in as little as one year. The financial commitment of purchasing a truck is no joke.
If you are in the construction industry, you also know that there are some seasons that are busier than others and some seasons where you may have less work or find it harder to find work. The less regular expenses you have, the better. With a rental vehicle, you can just freely bid on jobs and not need to worry about a truck until you actually get the job. Then, you can rent a truck, do the job and return the truck once you are finished. No need to worry about the lingering expense of owning trucks when the amount of business you get fluctuates.
Starting a construction business is such a rewarding experience and really worth the time and effort. It can be tough, business can slow down, but you can take the steps to prepare your business for the worst. Commercial truck rentals are one of the most effective ways to do that. It can really help cut the fat(extra expenses) off of your business to make it leaner and ready for anything that may come. Once you do that, you are on the right path.