Are you a rental company struggling to decide if you should get a trailer or a box truck? Or maybe you can’t decide if renting or buying makes the most sense financially? In today’s episode, Cam is diving into all things transportation for your rental company!
Before you start thinking about what kind of truck you want to use for your business, you have to ask yourself these questions:
Do you pull up to loading docks?
Do you pull up to ground level areas?
Do you need ramps or lifts?
Are your items large or smaller?
Do you send one or two people on deliveries or more?
Is the ease of a truck and trailer or a box truck better?
Do you see yourself having a long term solution (5+ years) or more temporary (1-5 years)?
Where do you have to store this vehicle?
These questions will help you decide what kind of transportation you need for your rental business.
Buying Trucks and Trailers
Great long term solution if you have the funds
Great if you have a place to store it easily
Great if you seldom need to take short trips around town to run errands or deliver small items
Great for ground level more often
Great for ramps
Buying Box Trucks
Great long term solution if you have the funds
Great if you have a place to store it easily
Great for loading docks
Great for ramps or lifts
Make sure to look at how old it is and history of maintenance
Renting vs. Leasing
Renting can be a great temporary solution. However, it can get very expensive if you are renting more than a few times per month and it will get trickier trying to coordinate pickup times. Leasing, on the other hand, is a great long-term solution and may end up costing you less per month.
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I thrive on using education to make true connections with all kinds of people. I want to point you towards better leading your teams, and guide you through all areas and stages of your business. I put a heavy emphasis on being present where your feet are, creating a community that is diverse and intentional, and growing in servant leadership through both my personal and professional life.