Hire or buy? Find out the best option for your business

LCV Acquisition - Hire or Buy? Choosing the right fleet option for your company

Choosing whether to hire or buy your vehicles can be complex because the headline costs rarely tell the whole story. There are a number of vital points you should consider to ensure that your fleet choice matches your business needs.

This guide helps you choose the most cost-effective and efficient way to acquire commercial vehicles. We cover the pros and cons of hiring versus buying for the following matters:

  • Capital & cash flow
  • Taxation
  • Vehicle maintenance
  • Vehicle downtime
  • Vehicle modification and specification
  • Vehicle mileage
  • Fluctuating vehicle demand

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