The total cost of owning a company car goes far beyond the marked price. However, only one in 10 businesses considers the total costs of fleet ownership when buying vehicles, according to a report on Vimcar. Owning a company vehicle can have a significant impact on how you do business. A business vehicle boosts your company’s visibility on the road, as it gives you the opportunity to increase your mobile workforce.
But that doesn’t mean choosing the right car for your business is easy. Besides costs, there are many things to consider, such as company size and transportation needs. Doing so helps you find a vehicle with ideal features that fit your business needs. Read on to learn the top features to look for when buying a company car.
Consider Overall Performance
As a business owner, you should find a vehicle you can count on to take you where you want to go, and at the same time, it should also reflect your company’s professional standards and image. For example, let’s say your employees need to travel every day to meet clients. You’ll want a car that is not only comfortable, but also convenient. So, if a vehicle can’t take you to the office without breaking down, it’s not worth investing in. With this in mind, consider the reasons for buying a business car, the road conditions you travel on frequently, and the length of distance you’ll be covering. Also, think of the weather and environment aspects of your terrain to ensure you pick a reliable vehicle.
Fuel Economy is Vital
Gas is an expense you can’t overlook when choosing a company car, as it adds to the total cost of vehicle ownership. So, before buying a business vehicle, think about how much your company will spend on fuel and find car models that are fuel efficient. Ideally, your vehicle should cover more distance per one gallon. It’s also important to understand factors that affect your car’s fuel efficiency. This includes weight, mechanical resistance, aerodynamic efficiency, and displacement.
Each of these aspects affects fuel efficiency in various ways. For example, displacement translates to the amount of air the engine consumes in one revolution determines how much fuel your vehicle consumes. That’s because the more air is pushed into the engine while it’s in motion, the more fuel your car burns. Vehicle transmission will also affect fuel economy, so take time to learn how the car transmission works and whether you need a manual or automatic transmission. Vehicle transmission works by changing the gear depending on speed and acceleration input to maintain low engine rpm (revolution per minute), thus reducing fuel consumption.
Think About Safety and Tech Features
The safety of your drivers and employees should be top consideration when shopping for a company car. Therefore, familiarize yourself with high-tech safety features in cars. Make sure your fleet has dash cams, rear view cameras, blind spot monitoring, and automatic emergency braking system. With high-tech safety features in your fleet, you can protect your employees from preventable accidents, avoid legal issues, and reduce insurance costs. Also, choose vehicles with AR dashboard displays, heated seats and hands-free Bluetooth options for receiving and making calls, and music players to enhance the driving experience.
Buying a company vehicle is a big decision for any business. It’s important you weigh your options and select vehicles that meet your company’s transportation needs. Therefore, evaluate the overall performance, fuel economy, and safety features of your desired car model to ensure it’s reliable and affordable.