If you're in the delivery business there are two simple questions with a vast array of answers. Should you buy a van outright, with or without a finance deal, or should you rent one? When you are choosing your next vehicle for your courier jobs should you go for a gas or hybrid variety?
Rent or buy?
When you look at buying your next vehicle, you need to look back at your current experience driving and completing courier jobs. If you bought your van for cash the last time, at least the whole value of the vehicle belongs to you. However, for many, while they purchased it outright, it was on a finance deal. If you need to exchange your van before the previous finance deal is clear you will either need to clear the debt first, suffer any penalties, or roll the outstanding amount into your latest van.
The downside to buying outright is the high amount of depreciation of your vehicle once you have driven your first mile from the glossy showroom. For that reason alone, most experts suggest you buy a low mileage used auto. Rental companies often want to move on their vehicles before the vans become a liability to repairs and heavy servicing costs. The downside of buying a used ex-rental van is that previous occupants and owners may not have driven the vehicle with a high level of care and attention.
You need to go back to school and prepare your math. The cost of renting a vehicle will be much higher than buying on finance and making monthly payments, but if you rent, you won't be due any servicing or government auto charges to keep the vehicle on the road.
Taxation evaluation
To consider the different charges completely, you should talk the whole process through with your accountant. They will know all the various tax benefits related to buying, renting and using finance deals.
To hybrid or not to hybrid
In your mind, you probably believe that it is about time you drove a solar powered van that costs you nothing in fuel. In the real world the next best choice is to consider the various non-gas options currently available.
For van drivers in courier jobs the emphasis is currently on alternative fuels, but away from French fries fat, LPG or natural gas, you are left with a hybrid electric van also powered by gas when your batteries run out of power. The auto market has filled with hybrid sedans and very small vehicles, suitable for one person with a small suitcase. For the driver that has to pick up and deliver anything from a pencil to a stack of new televisions, the hybrid is only just arriving on the market properly.
The cost keeps rising
Unfortunately, the real damage to the van market isn't just in the fuels used; it is the price of buying a hybrid vehicle. The cost of purchasing one of the few hybrid vans available is so much higher - thousands of dollars more than the gas only option - that to buy a hybrid and balance the extra miles per gallon you might achieve, doesn't make your accountant or the mathematicians sit up and look excited. If you only operate your courier jobs around town, you might be able to run a fully electric van all day and have no gas charges at all, but the 100 mile limit won't get you very far.
Rent or buy?
When you look at buying your next vehicle, you need to look back at your current experience driving and completing courier jobs. If you bought your van for cash the last time, at least the whole value of the vehicle belongs to you. However, for many, while they purchased it outright, it was on a finance deal. If you need to exchange your van before the previous finance deal is clear you will either need to clear the debt first, suffer any penalties, or roll the outstanding amount into your latest van.
The downside to buying outright is the high amount of depreciation of your vehicle once you have driven your first mile from the glossy showroom. For that reason alone, most experts suggest you buy a low mileage used auto. Rental companies often want to move on their vehicles before the vans become a liability to repairs and heavy servicing costs. The downside of buying a used ex-rental van is that previous occupants and owners may not have driven the vehicle with a high level of care and attention.
You need to go back to school and prepare your math. The cost of renting a vehicle will be much higher than buying on finance and making monthly payments, but if you rent, you won't be due any servicing or government auto charges to keep the vehicle on the road.
Taxation evaluation
To consider the different charges completely, you should talk the whole process through with your accountant. They will know all the various tax benefits related to buying, renting and using finance deals.
To hybrid or not to hybrid
In your mind, you probably believe that it is about time you drove a solar powered van that costs you nothing in fuel. In the real world the next best choice is to consider the various non-gas options currently available.
For van drivers in courier jobs the emphasis is currently on alternative fuels, but away from French fries fat, LPG or natural gas, you are left with a hybrid electric van also powered by gas when your batteries run out of power. The auto market has filled with hybrid sedans and very small vehicles, suitable for one person with a small suitcase. For the driver that has to pick up and deliver anything from a pencil to a stack of new televisions, the hybrid is only just arriving on the market properly.
The cost keeps rising
Unfortunately, the real damage to the van market isn't just in the fuels used; it is the price of buying a hybrid vehicle. The cost of purchasing one of the few hybrid vans available is so much higher - thousands of dollars more than the gas only option - that to buy a hybrid and balance the extra miles per gallon you might achieve, doesn't make your accountant or the mathematicians sit up and look excited. If you only operate your courier jobs around town, you might be able to run a fully electric van all day and have no gas charges at all, but the 100 mile limit won't get you very far.








