For a small business owner, the decision of whether owning a truck or renting a truck can be a tough one. Highway Bakkie Hire detail the benefits of renting a truck in order to get your business off the ground. Take a look at the blog below and decide for yourself whether renting a truck is the right choice for you…
When it comes to using trucks, fleet equipment is incredibly costly, especially when starting out. Buying a new truck requires an enormous investment, which means that large chunk of capital is now inaccessible to you for the long term, until such time as you decided to sell the truck. Renting a truck reduces your investment to the cost of a deposit and your rental payments alone, thus more capital is available to you as you grow your business. Small business owners will benefit from the return on investment truck hire brings whilst reducing the investment some in the process.
There are various risks that come along with owning any vehicle, and these risks only increase when it comes to truck ownership. A business that owns trucks has to manage various elements that work to protect them such as implementing comprehensive maintenance plans, installing vehicle tracking systems, as well as introducing Limitation of Liability cover policies to protect yourself and your business.
By owning a truck, you as the business owner would take on the risk of break-downs, hijackings, accidents, and the human resource requirements that go along with them. Renting a truck, however, negates most of this risk: tracking devices, insurance and maintenance is covered by your deposit and rental charge, leaving only good driving up to you and your drivers.
Remember, unless transport is your core business, vehicles are liabilities and not assets, thus they depreciate over time.
Renting a truck allows a small business owner to increase or decrease the size of their fleet as business demands it. Especially in industries with busier seasons, the risk of purchasing another truck to augment your busy period and then sitting with a spare truck for the rest of the year is an incredibly high one.
Renting a truck lends flexibility to a business so that service can be tailored to demand relatively easy and without huge investment.
Highway Bakkie Hire offers the robust Toyota Dyna 4093 as its choice of truck hire for those who need to haul from A to B in strength and style. This medium-duty truck has a hauling capacity of 1.5 tonnes, and the chassis/cab build makes for a comfortable move.
The 5-litre engine and 5-speed Synchro transmission vehicle sports twin rear wheels for stability and drop-sides for accessibility. Furthermore, the Toyota Dyna 4093 has emission levels which meet the stringent Euro IV requirements, ensuring that the vehicle does its part towards reducing the carbon footprint.
A code 10 licence is required to drive this truck.
If you think that renting a truck could be the right move for you, don’t hesitate to contact us to chat about your requirements and how we can meet them! Highway Bakkie Hire has a selection of fine vehicles for hire to help you get where you’re going.