17 Jan Biggest Issues That Business Owners Encounter When Leasing Trucks
Choosing the right type of truck for your business and the appropriate purchase or renting scheme can be a tall order for new businesses. Without a large amount of capital, it can be costly if an ill-suited vehicle is picked. As such, we have summarise three of the most common issues that consumers face when trying to find the right deal for them.
- Choosing the size of the vehicle
At the top of the list are business owners who look for large container trucks in order to ‘play safe’. They believe that in loaning larger vehicles, they can eliminate the risk of being unable to meet demand. Additionally, they also wish to future-proof their asset, especially when they forecast growth for the firm. The major flaw in this line of thinking is that maintain such a large automobile can be expensive, especially for smaller firms. Furthermore, drivers who are qualified to drive large trucks tend to charge more for their services. Overall, this has a negative impact on the efficiency and cost effectiveness of the deal.
- Overloading supplies or items
A second common misguided practice is to overload the truck in order to ‘maximise capacity’ and get the best value for their money. However, this is actually a violation of local laws in Singapore. The police and other governmental agencies have the authority to inspect the loads on any vehicle, and penalise the firm should overloading be found.
Aside from this, overloading is also dangerous for your truck, items and driver. All three are put at risk when the safety capacity is exceeded, with the driver finding it more difficult to steer. In fact, overloading is considered a major cause for highway accidents.
- Overwhelming options
Since many firms offer truck leasing Singapore, naturally there is an abundance of options available to you. It can be overwhelming to choose from all these companies which boast similar offerings. As such, it is necessary to conduct proper research before selecting a firm to hire for your business operations.
First of all, look into the qualifications of the commercial vehicle rental company that you are dealing with. Determine how long it has been operating in the market to see whether it is reliable and efficient in answering your business needs.
Second, inquire about the performance of the company. This is where you have to read reviews or testimonials from their previous clients. Remembers to conduct extensive research by verifying whether the feedbacks from former customers are true. Lastly, check the technology and vehicle design of the firm. Of course, choose the company that has the most advanced design and functionality for all their vehicles.