There are many different types of industrial vehicles in Singapore today. This is the reason why so many customers are so confused which vehicle to purchase. Industrial vehicles are not only expensive, they also require a lot of maintenance especially if you want to use them in a long run. In this article, we hope to educate business owners on how to choose the proper vehicle and why you should consider renting if you do not have the funds available.

Types of industrial vehicles

There are three main categories of vehicles that you can purchase, Small goods vehicles which can be driven by class 3/ class 3A drivers. Heavier classes of vehicles such as lorries and crane trucks which will require class 4 license and lastly heavy industrial vehicles such as concrete mixers or mobile cranes which require class 5 license.

Most goods vehicle are similar as they have a standardized body. However, how they differ is in the fittings. You can customize your vehicle in many different ways depending on your company’s requirement. Whether is it to transport perishable good via a refrigerator truck, or to transport heavy goods using a lorry installed with a crane. There absolutely no limits as to how you can customize your vehicle.

drawback of owning an industrial vehicle

One of the draw backs of owning a vehicle is always the initial cost as well as maintenance. Just purchasing a stock vehicle without any fittings can cost easily over 60,000 and this is even without adding road tax, insurance or even the initial fittings. Multiply this with your maintenance cost on a monthly basis and the figure will probably be out of reach of many start ups.

Renting a vehicle

Renting on the other hand is a great way for start ups or businesses with different requirements to conduct their businesses. Renting allows you to use different specialized vehicles for your business need without forking out a large initial sum. They are also relatively affordable if you rent them for a long duration. Rental vehicles are also usually maintained regularly to ensure tip top condition for other companies. After all, you can’t really rent out a poorly conditioned vehicle and expect people to use it for a long duration.

Conclusion

Renting is overall the best option if companies have low capital and do not want to invest thousands into a vehicle. Not only are rentals more affordable nowadays, they also provide manpower which are qualified to drive the industrial vehicles which you rent.