One of the most overlooked business expenses is the purchase of a new company car. Companies can benefit from adding a car to their fleet. These cars can be used as a form of advertising or to help make delivery and sales stops for your company.
While a company car might sound like a great addition to your business, not every business owner is able to factor the purchase of a brand new car into the budget. Luckily, there are some things you can do that will help get you one step closer to owning a brand new company car.
Talk to Local Car Dealerships
Many car dealerships are willing to offer great deals to local business owners. While you will still need to come up with the finances necessary to purchase the vehicle, you may be able to get deals such as zero percent financing or upgraded features on the car.
Purchase a Used Car
Those ads in the newspaper that say “buy my car” can be helpful if you are looking to purchase a company car. Many business owners purchase a used car and get it detailed and painted so it looks brand new. This allows you to save money on a company car.
Sell Your Car for Money
If you’re looking for a way to get quick cash so you can purchase a company car, a cash for cars program is a great way to go. These programs will take your old car from you and give you cash in exchange. You can then put the cash you get towards your purchase of a brand new company car.
These three tips can help you if you are looking to purchase a new company car.