What are the best cars for private hire drivers?
For any private hire driver who has been working in this industry for several years or anyone who has just learnt how to become a taxi driver, choosing the right vehicle will be one of the most important decisions in your working life.
Should I buy or lease the vehicle?
Okay, so you have now figured out what type of vehicle is best suited for a private hire driver. The next step is to decide whether you are going to purchase the vehicle or lease it. Each option has its own advantages and disadvantages.
If you buy the vehicle, you will be taking ownership of a depreciating asset, and you must also contend with maintenance, servicing and repair costs. Although, you will own the vehicle. New vehicles can be very expensive, so you may be better off with buying a two to four year old car from a reputable dealer.
Leasing a vehicle can be easier to finance over the years to come, as you will not be expected to pay a huge amount up front. Some car finance options also include extended warranties and other perks too. If you’re still unsure on whether this is the right career for you, you may be better off by hiring a vehicle and purchasing one at a later date if you decide to continue.
Think about your fuel consumption
Best cars for taxi drivers
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