Buying a commercial van is a large investment for any business and, if you can’t find a commercial vehicle you need that fits your budget, you might find yourself cutting corners and opting for a less than satisfactory option.
It is important to purchase vans that provide you with all the features and functions that your business needs and the best price. With so many sellers, all vying for your cash, a huge amount of new commercial vans being released regularly and a changing marketplace, it can sometimes be hard to find the right solution for your business.
Follow these simple tips on how to save money on the latest commercial van models that will be right for your needs:
Map out the commercial van features you need
This might sound like a waste of time. Of course, you know what you need from a van! But taking time to really consider what it is you need and write them down will help focus your thoughts for a purchase.
Go into detail. Think about how much space you need, how much fuel you might need to use and all the other basic functions you require the van to have. It is also worth thinking about any technological features you might need or just want, to make life easier for you and your staff.
New advancements and trends impact new vans on the market, so it is vital to do your research and be up-to-date with what you can get for your money. New vans might offer something that will cost more initially but be more cost-effective in the long run.
Shop around for the best deal
You may have a supplier that you have always worked with, but because of that repeat custom, they are not giving you the best deal. Don’t let loyalty get in the way of finding a better price. Of course, if others only offer a marginal saving it is worth staying with companies that you trust to deliver the goods.
Thoroughly research what the market has to offer, online, offline and across social media platforms like Facebook. You can also speak to market experts in commercial vehicle finance and purchase to see if they can direct you to a great deal.
Look into leasing your vans
You don’t need to the commitment of outright purchase to benefit from the most up-to-date commercial van models. You can lease what you need for your business, allowing you to have the vans you need for as long as you need them. With the right provider, services and upgrades can also be available as part of the deal keeping your vehicles roadworthy and the best on the market without colossal, mounting costs of maintenance.
Trade in your old vans
If you are purchasing new vehicles to replace out-dated vans, it is worth looking into whether you can use your old stock as part of the deposit, or a straight trade-in, for your new purchase. Online valuation tools will be able to show you roughly how much your old van is worth and that information can be used in bargaining a better price.
Consider ex-demo vans
All those vans that have been used as test vehicles in showrooms have to go somewhere! Ex-demo vans can be great value, having only been used for short journeys (with just a few miles on the clock) and, usually, being in near new condition. Of course, these models only become available when they are no longer the newest ones on the market and buying ex-demo vehicles will offer you much less choice. Don’t opt for an ex-demo van that isn't quite what you need just because the price is better.