Undoubtedly, vehicle costs are one of the largest overheads for business. Therefore, reducing this cost in any way is often one of a fleet operators biggest goals. However, every business is different, and decisions often need to be made around current situations, business needs, and future business goals. It is often vital for a company to weigh up not only the HGV rental costs but also the performance and maintenance required. Understanding the whole Total Cost of Ownership (TCO) often involves negotiation and flexibility.
If you have decided to buy a new truck for your business but are unsure if you can afford to pay for it outright, then truck rental could be for you. Commercial truck and lorry hire is ideal for companies who want to increase, upgrade, or renew their commercial vehicles at the lowest possible cost. This involves spreading the cost over an agreed period of time through set monthly installments.
As with anything, there are pros and cons to both renting a lorry or truck and purchasing for your business finance. When considering hiring a commercial truck, here are the benefits that your business can gain from compared to purchasing a truck outright.
Benefits of hiring a truck
Low initial capital expenditure – Spreading the cost over a monthly basis means you can hire the truck and lorry you need without spending the full amount it’s worth straightaway.
Bespoke to your business – You can arrange personalised bespoke truck rental prices that suit you and your business needs. No hidden costs and terms that work for the companies goals and future plans.
Maintenance and breakdown are covered – At Mac’s Truck Rental we cover any issues you have with your trucks. Although rigorous testing occurs before we hire any of our trucks, issues can arise. We will fix these for you meaning no further costs or long-term downtime.
Access to the latest technology – Renting a used truck will provide you with access to the latest technology and economic standards. As many areas are implementing clean air zones this is particularly important for businesses to further reduce costs.
Tax benefits – Hiring a truck can reduce your tax bill, by offsetting truck rental prices against your taxable profits. If you’re charged VAT on your truck hire, this is also reclaimable.
Options at the end – At the end of your short or long-term truck hire, you will have the option of either buying the truck outright or returning it and hiring a new truck.
Why choose Mac’s Truck Rental as your truck hire company?
We are the UK’s leading HGV truck and lorry rental company. We have helped businesses across the UK and within different industries gain access to high-quality commercial trucks. This has enabled many businesses to continue running through some of our toughest financial years. With high truck driver shortages maybe, your company is expanding as a reaction to rising demand and increased lead times. Our team of experienced individuals means we are perfectly placed within the industry to help and advise you on your truck rental options.
As a family-run business with over 50 years of experience, we can truly offer you peace of mind. Whether you are looking for a bespoke custom-made build to suit your business needs or high-quality used trucks we have the ideal truck rental price for you. All of our trucks, bespoke or not are fully maintained and each has to pass robust tests. This includes servicing, inspections, and all the relevant certifications required for your vehicle. All of which ensures you receive the lowest cost truck and lorry hire. Furthermore, we offer a range of vehicles from top manufacturers including Scania, Volvo, Mercedes, FASSI, and DAF.
Whether you’re looking for a beavertail hire, skip lorry hire, crane truck hire, or hook loader hire we have a wide selection of trucks suitable for a range of industries. No matter what the size of the job for instance 7.5-tonne lorry hire we have the right solution for you. Contact us today to go through all your truck hire needs.