Companies need freedom of movement for their people. Just imagine a CEO riding public transportation on the way to a meeting. Besides risking the chance that they might be late, it isn’t a good idea to show up all sweaty at a high-powered conference. This is why a company car is a substantial investment. However, it can be hard to make a choice in which car to buy for the company. Here are a few tips on how to pick the right one.
Main Purpose
The big thing that you have to answer is what is the primary purpose of your company car. Will you be loaning it out to employees for long-distance conferences? Then you might want a small and economical car that gets good mileage. Will it be mainly for driving around the boss? Then you might want a car for going around the city. If you are thinking of using it as a delivery vehicle, then maybe a truck or an SUV would be a good choice. What you intend to do with the car will determine what sort of car you will be getting.
Budget
Another thing to consider is how much will be your company spending on this car. Companies usually have more money to throw around than people, but there is still a budget to work with. Your company might be in a stingy mood and give you only a limited amount. Besides the original price tag, you will need to consider maintenance costs like gas and repairs.
There are choices, though. You can lease the car instead of buying it outright. You pay a monthly fee to have access to it, but all of the costs are paid up in one monthly payment. The trouble with this arrangement is that you don’t own the car at all and are just renting, which can put limits on your use.
Availability
You will want a car that is easy to find and buy. For example, the majority of Holden car dealers can only be found in New Zealand and Australia. Go outside that region, and you can end up with problems maintaining the car. Car brands that you see every day are a better choice since you can be assured that there will be people familiar with managing them.
Reliability
There is something to be said about a car that works. You want a vehicle that you can depend on so look at car brands that produce cars that have a reputation for durability. Note that some car brands are well-known for falling apart quickly – which is why you should avoid them. Cars that won’t last years in service are not a good deal.
Image
Finally, you’ll want a car that fits your brand. It needs to fir the image you want to portray. For example, brands that pride themselves on environment consciousness would probably use electric cars. On the other hand, “macho” brands might want to show off with some muscle cars. When you drive up with it, the company car should jive with what you want to show to the world.
Get Ready for a Smooth Ride
Company cars serve an essential purpose for the company. With the tips above, you should be able to pick a company car that would be able to meet your needs. This ensures that the next time that you take a ride in one, you know that you’re in good hands.