Good business is all about branding and creating the right first impression and if you pull up to a very important business meeting in a dead-end car, then you’re definitely not putting across the right first impression. This kind of car does not say success and wealth and it is going to have a negative impact on your potential customer’s opinion of you and they might base their buying decision solely on that. It would be a real shame to lose out on a big contract just because you didn’t make the effort to create the right first impression. This car is fine when you’re going about your daily private business and travelling around with your family in tow, but for a growing business, it is totally inappropriate. For big business deals, you need to be pulling up to the meeting hall or the hotel in a top of the range luxury car and the only way that you can afford one of these at the moment, is to rent it.
Luckily, you can get a luxury car for rent by Rich cars and they have all of the top of the range models for extremely affordable rental prices. Once you hire a car for the first time, you will see the positive impression that it leaves with your clients and you may be tempted to go out and buy the same car yourself. From a business point of view and an accounting point of view, this doesn’t make any financial sense because you’re going to have to make a large down payment and then pay for the car monthly while taking care of any mechanical issues that may occur. It’s always best to rent your luxury car for the following reasons.
* To avoid ownership issues – If you are building your law firm as a business,thenif you own the vehicle, anything that goes wrong is definitely down to you. If it breaks down, you are going to have to pay to fix it and the longer you own it, the more it depreciates and so this affects the resale value. When you rent the car, you have none of these things to worry about and in the very unlikely event that there is a mechanical issue, the car will be replaced by a similar model or something even better.
* It’s cheaper – The monthly payments for the purchase of a luxury vehicle will be well in excess of what you will be paying for the car on a rental basis. If you are a new business just starting off then you want to avoid any large payments that have to be made. It makes a lot more financial sense to rent your luxury vehicle over the long term and you don’t have to stick with the same model every single time. Certain customers may prefer a different brand and so it is best to pull up to your business meeting in one that they like.
* Better selection to choose from – When you are thinking of purchasing a car for your business, then you will be somewhat restricted to what you can buy due to budgetary constraints. With a rental car you don’t have any of these issues and all of the top of the range models will be available to you as long as you can afford to pay the rental charges. This is a fantastic way to impress potential customers and to strengthen your brand. To learn more about consumer law when it comes to renting a luxury car, have a look here.
So, you pay out less money every month, you get to choose the model that you would like, you don’t have to pay any repair expenses and you don’t lose any money due to the depreciation because you don’t own the car. There really doesn’t seem to be any downside to renting a luxury car for your business.