CSIS Insurance Services, Inc. Blog
It can be overwhelming when choosing the perfect vehicle for your business. It does not matter if you are buying a fleet of vehicles or just one; there are many factors to consider. To start with, you need to take into account the operating cost and capital outlay.
You want a vehicle that can optimize business efficiency. So, where do you begin? Here are some things to think about when buying a company car:
How Do You Plan To Use The Vehicle?
Will your consultants or sales team be using the car during client meetings? Consider adding your company logo to the vehicle, as this is the first thing that your potential clients see. You want greater visibility as much as possible.
Are your employees using the car to get around? If yes, then it is better to get a car that is fuel-efficient and has good gas mileage. It is not practical to purchase a big executive vehicle that can have expensive running costs. You may opt for a small car that has a lot of modern features and can withstand long trips.
How About Buying Or Leasing?
If your budget is not enough to buy a new company vehicle, consider leasing one. It is a suitable option as all expenses are typically included in a fixed fee every month. This includes repairs, maintenance, roadside assistance, and tires. Also, when you want to dispose of it, you do not have to deal with the problems of selling the vehicle.
On the other hand, there is a negative aspect to leasing particularly at the end of the lease. You will still spend a lot of money when you choose to lease. If you decide to purchase the car at the end of the contract, you will just find yourself shelling out more money.
Match The Car To The Image Of Your Company
It is essential that the vehicle you choose will reflect your business. For example, if you belong in the environmental industry, it would be bad to meet your investors in a Hummer or Range Rover.
Consider the ideas above when looking for a new company car. After getting one, do not forget to buy commercial auto insurance because you need this kind of protection.
At CSIS Insurance Services, Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (888) 501-2747 or Click Here to request a free quote.
12/27/2021 12:08:43 pm
It's good to know that you need to consider how you will use it. My husband wants to get a utility truck for his work. I'll pass these tips along to him as he searches for one to choose.
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CSIS Insurance Services, Inc.
3315 Old Conejo Road
Thousand Oaks, CA 91320
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