If you operate coaches, it’s likely that at this time of year, some members of your fleet will be in the yard. Go outside and have a look at them. They will make you proud, no doubt.
Then consider how much money is sitting there.
If you buy new, even only occasionally, manufacturers and dealers are keener than ever to work with you. They offer more options than ever before to use your money as effectively as possible. Those methods cover all bases. You may not be aware of some, or have considered them before.
But buying outright is no longer obligatory. In fact, it’s not always the best way to approach what for many remains the sleep-depriving process of purchasing new vehicles.
Increasingly, vehicles form part of a package. For the operator, uptime is king, while passengers expect the best service possible. If they don’t get it, they can go online and vent their spleen. It’s there for all to see, and such reviews are damaging.
So if you can purchase vehicles more cost-effectively, you may free up cash to invest in other things that help your business to become the complete package. Driver training, an improved website, the list is endless.
The travelling public is well informed and it will become ever more so. The coaching business needs to be on top of its game if it is to continue to prosper. And investing your hard-earned in the right ways will go a long way to guaranteeing that you’ll be part of that success.