G
Gateforthboy
- Original Poster
- #1
Hello, The first thing is of course you're going to need a van. Normally this would be something like a vehicle with a gross weight of 3.5 tonne and a payload of somewhere between 1,000kg - 1,500kg. Volumes will also vary of course depending on the type of vehicle required. This could be a panel van, a short, medium or long wheelbase version and with a choice of varies roof heights. Or, maybe even a Luton bodied type of chassis cab vehicle, with again various load lengths and height. The latter being the best if you intend to carry out smaller type removals. The main problem if buying a used working vehicle is that they are just that and have already in most cases been used to the end of their working life. Be it by years or by mileage. So, often when buying a used working vehicle you could be buying somebody else's trouble! After all most working vehicles would have a life expectancy of around four - six years depending a bit on mileage covered and how they're used during their working life. So, buying a cheap used vehicle could work out much the same as buying a new vehicle in the end.
Reliability is what you need from a vehicle you need for work. Without that reliability means you could be letting any customers you might get down through vehicle breakdowns. Not a good start!
From experience I prefer to buy a vehicle outright rather then lease or buy one on HP. By doing this means that if the work isn't coming in I don't have to worry about falling behind with payments and having the vehicle taken back by the leasing or finance company and then losing my business because of it.
To sum up, to supply a man and van I need £300.00 a day £1.500.00 a week (60k a year before any profit) plus travel (fuel etc) at around £1.00 per mile. Meaning if I can find that many hours of paying work it then leaves me around £35k gross wages after other variable and fixed costs not including travel (fuel etc). Plus if I need another operative as well I have to factor their wages into the equation too.
I would think hard before starting this type of business. Because, there are too many people trying to undercut the costs you need to make a living and pay the variable and other fixed costs from it. I have also noticed people reckoning insurance is only around 1K a year for the carriage of goods for hire and reward. I would seriously check out the cost for insurances before you even start thinking about continuing with this type of business.
Reliability is what you need from a vehicle you need for work. Without that reliability means you could be letting any customers you might get down through vehicle breakdowns. Not a good start!
From experience I prefer to buy a vehicle outright rather then lease or buy one on HP. By doing this means that if the work isn't coming in I don't have to worry about falling behind with payments and having the vehicle taken back by the leasing or finance company and then losing my business because of it.
To sum up, to supply a man and van I need £300.00 a day £1.500.00 a week (60k a year before any profit) plus travel (fuel etc) at around £1.00 per mile. Meaning if I can find that many hours of paying work it then leaves me around £35k gross wages after other variable and fixed costs not including travel (fuel etc). Plus if I need another operative as well I have to factor their wages into the equation too.
I would think hard before starting this type of business. Because, there are too many people trying to undercut the costs you need to make a living and pay the variable and other fixed costs from it. I have also noticed people reckoning insurance is only around 1K a year for the carriage of goods for hire and reward. I would seriously check out the cost for insurances before you even start thinking about continuing with this type of business.
