Truck Contract Hire

If you have a business that regularly uses the services of trucks, you may be considering purchasing your own fleet of trucks.  Well, don’t!  Besides the fact that purchasing a fleet of trucks will spiral your business into unmanageable debt, there are many other costs associated with owning trucks.  There is the maintenance and servicing for example, but also the tax, insurance and MOT.  And if a truck breaks down, you will have a truck out of service until the repairs are completed.  And repairs are costly!  What is the solution?  Truck contract hire of course.

What Is Truck Contract Hire?

Truck contract hire is offered through companies that specialise in fleet management.  Basically, you will rent trucks from a specific fleet management company.  This has many advantages, not in the least that all the associated costs mentioned above are retained by the company that owns the trucks and not by you.  Secondly, if something goes wrong with a truck, you will be provided with a new truck immediately.  This means that you are not responsible for the repair bill (unless the damage was created through your own negligence of course) and you will not be out of service whilst the repairs are completed.

Where Can You Find Truck Contract Hire?

There are quite a few companies in the United Kingdom that specialise in fleet management and truck contract hire.  Generally, these companies don’t only offer trucks for contract hire but also other types of vehicles.  Some of the better known companies include:
  • Fraikin
  • BRS
  • Rowley Contracts

Estimated Costs of Truck Contract Hire

The cost of truck contract hire will depend on the types of trucks you require, the insurance details you need for your hire and the length of time you want the contract to run for.  The longer you hire a truck for, the cheaper it becomes and the more trucks you hire, the cheaper it becomes – on a daily cost comparison of course.  You should always look into getting at least three different quotations to give you a better idea of just how much you should pay.

How to Find Truck Contract Hire

Finding truck contract hire is relatively easy to achieve as there are many companies that specialise in this field.  However, you could also opt to speak to other business owners who are likely to use a similar type of service and ask for their recommendations.  This means that you will have a better idea of the type of vehicles you can expect, as well as the level of service you are likely to receive.  And you may even receive a discount if you are referred by another customer.

Clearly, opting for truck contract hire is a great way to keep the cost of your fleet management down to an acceptable level.  With so many companies to choose from, you should have no difficulty finding one that has the right trucks and service for you.  Clearly, there is no need to invest in your own trucks with hire options like this available.

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