Different businesses will have different reasons for getting a business van. Some may need to transport large amounts of goods, while others might need it for a mobile office or storefront. Whichever the reason, you should make sure you choose the business van that's the best fit.
Here are some tips to start off with:
1. Analyse Your Business Needs
2. Research Different Vehicle Models
3. Set Your Budget
4. Test Drive
Use the above steps as inspiration to help you find your dream business van.
As well as considering your current needs, you'll need to consider longevity. You may use the vehicle for a different purpose at the end of its lease than when you first invested in it.
Here are some criteria for you to think about when you're choosing your vehicle.
Hybrid vs Electric
When choosing a van for your business, you'll need to decide whether to get a hybrid or electric vehicle. Hybrid vehicles use both an internal combustion engine and an electric motor to reduce fuel consumption and emissions. They are often more expensive than conventional diesel-powered vehicles but may significantly save running costs over a long time. Electric vehicles produce zero emissions, making them ideal for businesses operating within urban areas or committed to reducing their carbon footprint. Electric vans usually require less maintenance than their gasoline counterparts and can be recharged at home or public charging stations. However, they tend to have a limited range compared to hybrids and higher upfront costs.
The eco-friendly element of an electric van may suit your business to a T, but the limited range may cause you problems. It simply depends on your business needs.
Size
Smaller vans may offer greater fuel efficiency but may lack the capacity to carry larger items or amounts of cargo. If you need to transport a large number of goods, you'll likely require a bigger van, such as an extra-large panel van or lorry. Alternatively, if you only need to move a few items, a smaller model could be more suitable and economical.
Safety
Safety should always be your priority when choosing any vehicle for your business. Look for models with advanced safety features such as airbags, anti-lock brakes and stability control systems. Additionally, consider whether the van has additional features such as reverse parking sensors or a tow hitch – these can help to make your business operations easier and safer. Make sure it has had all recommended service and maintenance checks carried out by qualified technicians.
You want a vehicle to be safe no matter what purpose it's serving - but especially if it's part of your livelihood.
Cost
When looking at financing a business van, you'll need to consider the cost of running it. Look at the overall price of the payments, taking into account any customisation options that may be available. Also, factor in the ongoing costs associated with fuel and maintenance. Whether you're looking to lease or finance your business van, you may want to compare different deals to find the most competitive rates. At Love Finance, we work with a wide range of asset finance lenders who can offer a range of business van rates and terms.
Finally...
This whole process may take some time and research, but this effort is essential if you want to make the best decision. Consider your budget, size requirements, safety features and running costs to help you make an informed choice that meets your business needs. With the right van for the job, you can get on with running your business without worrying about the vehicle itself.
It's important that you weigh up what's most important to you in order to make the right choice for your business.
Begin by thinking about what you'll be using your van for most, and then you can evaluate how important each of the above factors is to you. You may start by thinking you want to save money and get a small van, but after some thought, realise that you're willing to spend more to get more space in the vehicle.
If you're looking to purchase a van for your business, it's important to consider whether leasing or financing would be the best option. Leasing can provide flexibility and lower monthly payments but generally requires a longer-term commitment than financing. Financing will require higher upfront costs but may offer more options for customisation and ownership in the long run. Consider your budget carefully and decide which option is most suitable for your business van needs.
Before you make any decisions about getting a van for your business, it's important to take some time to assess exactly what you need from the vehicle. Think about how much cargo you usually carry and what type of terrain you plan to drive on. Research the sizes and models available to help you determine the most suitable for your requirements. By clarifying your business needs beforehand, you can ensure that you find a business van that meets your expectations.
A business van can be used for any purpose, as long as it serves your business needs rather than personal.
Enquire about van finance with Love Finance today and be paired with one of our dedicated asset experts who could get your business funded in less than 24 hours!
You can fill out a form directly here and someone will be in touch shortly.
Buying a van for your business is an important decision and one that requires careful consideration. Think about the size and type of vehicle you need, how much cargo you usually carry, and which safety features are most important. Compare prices between different models to find the best deal. Consider whether leasing or financing would be more suitable for you and identify any additional features that might be beneficial. By taking the time to find the right van business, you ensure you'll get the most out of it and keep running costs to a minimum. Use our van directory to find a reliable vehicle that meets all of your criteria. Good luck with finding the perfect van for your business!
