In your business, you might assign vehicles to your employees so that they can conduct company business. However, buying these cars can put quite a strain on your company's finances if you aren't careful. It's obviously never cheap to purchase a whole fleet of cars at once, but following a few tips can help you save money when buying them.
Buy Them All at Once
It might seem easier to purchase just a few cars for your fleet at a time, but you are better off buying them all at once. This is because many dealerships will be willing to work out a special deal if you buy multiple vehicles at one time.
You don't have to buy the fanciest cars when building your fleet; instead, keep it simple with basic sedans. You can talk to someone from the dealership about ordering cars that do not have all of the bells and whistles, such as those that have manual windows and that don't have built-in navigation systems. Your employees probably don't need all of these extra features, and you can save a fortune by going basic when buying for your fleet.
Consider Leasing Instead
Another option that you might want to look into is leasing vehicles for your fleet. This is only an option if your employees do not put too many miles on these vehicles, since most leases include mileage restrictions. However, it can be a more affordable option, and you won't have to worry about paying for maintenance, either.
Keep Them Well-Maintained
Make sure that you keep your company vehicles well-maintained. Get them on a schedule for oil changes, tire rotations and other necessary maintenance tasks. Also, ask your employees to do a quick inspection of the cars that they drive and to let you know about any problems, such as tires that seem to be low on tread. Even though you'll have to spend money now to keep your fleet in good shape, focusing on good maintenance can help your cars last a whole lot longer.
Buying a fleet of cars for your business certainly isn't a cheap expenditure, but it is a necessary one if your employees need company vehicles in order to get their jobs done. Luckily, if you follow a few simple tips, you can save money when purchasing your fleet. Then, you'll have the cars that you need without totally blowing your company's budget.