Any business-use vehicle must have the right ‘bones’. What type of vehicle do you need for your workplace, big or small? Answers will vary, as a business’s image, preferences, work type, and needs vary.
When considering a company purchase, such as a work vehicle or fleet of vehicles on finance, a checklist quickly forms in the mind. This is not the everyman (person) checklist of pros and cons/wants and needs. It is more serious than that. Legal liabilities and health and safety ramifications need to be evaluated. Plus, what will fit in with the brand? And the list goes on.
To make the selection as simple as possible, the business model example will be a new, one-vehicle, start-up marketing firm with four employees. What else must be considered?
‘Bones’ refers to a thing’s genetic makeup. If a house, bones are the foundations, structure, and potential it has. It is no different for a vehicle really. It must have a strong base, frame, and the extras to make the car fit into its purpose.
For our example, we’ll suggest a reputable 5-door hatch model, the sporty variant, but with comfortability too. Why? The Brand.
Before things start to heat up, the brand of the new start-up must be contemplated. The Marketing Industry might want something flashy, a looker, not something luxuriously expensive, but something cool with character.
It needs to be in a fresh and eye-catching shade of green to promote the company’s fresh world-view, growth, and ‘clean green’ image. Hence, the smart sporty hatch with an air of dependability and the coolness factor.
Being a work vehicle, with more than one driver and up to three passengers, it must have the ease-of-use and ready-to-use factors. Reliable and accessible, have a little grunt, and adequate boot space. It needs to be a make of vehicle that has an established reliability standard. Probably not an Alfa Romeo, sadly, but maybe a ‘Bimmer’ of some sort? Something with robust engineering.
Work Health and Safety
A work vehicle needs to hit the standard for Health and Safety (H&S) practices to be maintained. There are law-mandated requirements for a company’s car fleet to uphold in order to avoid penalties and be a good faith employer. A vehicle must be the right type of vehicle, must be fit for the task, and spare parts must be readily available.
Daily safety checks or before every use. A driver’s log and a ‘walkaround’ pre-checks list are essential for best practice. By checking the car’s vitals and bodywork to ensure everything is in good working order, the company performs its H&S due diligence to provide a safe environment for its employees.
Routine Maintenance & Upkeep. Vehicle history records need to be properly catalogued and maintained. This includes the driver’s log, routine vehicle checks, any incident reports, garage services, tyre replacements, MOT WOFs, etc.
Affordability is key. The work car cannot be a burden on the finances, must consider the environment, be economically efficient, and business insurance premiums kept at a minimum.
To get finance for a work vehicle(s), there must be calculated considerations. It is not just a person’s financial stability at play. Credit scores, though important, take the back seat to a company’s health and safety responsibilities and reputation. Yet, finance will be taken, and all aspects need to be considered.