Putting a large van to work

Putting a large van to work

Author
Discussion

Shrimper

Original Poster:

414 posts

193 months

Thursday 9th March 2017
quotequote all
The nature of one of my businesses is such that I have a large van (LWB Citroen Relay) sitting around for 6-8 months over the winter period. Its paid for and has just set empty for this winter, other than being loaned to a friend to help with his start up for the last few months.

Moving into next winter does anyone have any innovative ideas as to what I could do with it for that time to generate some income by putting it to work?

I've looked at courier work, but its not worth it as it takes me away from my other businesses. There may be an empty 20ft container to use with it next winter as well so I'm considering some kind of niche buying/selling of relatively large items but open to other ideas. Someone mentioned probate storage and movements, but I don't know anything about this area...

ReaderScars

6,087 posts

175 months

Friday 10th March 2017
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Winter tyre storage, delivery and mobile fitting?

GlenMH

5,204 posts

242 months

Sunday 12th March 2017
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Shipping motorcycles to sunny locations for their owners?

sidekickdmr

5,065 posts

205 months

Monday 13th March 2017
quotequote all
Hire it out an a monthly basis?

I'm looking for a van for 2-3 months very soon, but I only have 2 options:

1. Hire one from one of the typical van hire places, but they want silly money, like £600 a month

2. Buy one, use it and then re-sell in a few months, but this is a lot of hassle, with tax, insurance, timewasters etc

However, if I could hire a van, for say £200 a month, that would be fab


madmover

1,725 posts

183 months

Monday 13th March 2017
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race van?

I-A

408 posts

156 months

Tuesday 14th March 2017
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Home moving

Hoofy

76,253 posts

281 months

Tuesday 14th March 2017
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I-A said:
Home moving
yes

Or helping people to move furniture at least.

AdeTuono

7,240 posts

226 months

Tuesday 14th March 2017
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madmover said:
race van?
Winter races? What, snowmobiles?

Johnniem

2,660 posts

222 months

Thursday 16th March 2017
quotequote all
sidekickdmr said:
Hire it out an a monthly basis?

I'm looking for a van for 2-3 months very soon, but I only have 2 options:

1. Hire one from one of the typical van hire places, but they want silly money, like £600 a month

2. Buy one, use it and then re-sell in a few months, but this is a lot of hassle, with tax, insurance, timewasters etc

However, if I could hire a van, for say £200 a month, that would be fab
£200 per month? That doesn't seem enough, by a long way. It works out at marginally less than £10 per business day. Who is going to agree to that? Double it and it starts to make some sort of sense, so long as you insure it.

sidekickdmr

5,065 posts

205 months

Thursday 16th March 2017
quotequote all
For a brand new sparking van on lease I agree, the going rate is more, thats my issue.

I just think there is a market for older cheaper hire vans, (£5,000 for a 5 year old low milage van) most people only want them to take to the tip/storage etc

Shrimper

Original Poster:

414 posts

193 months

Thursday 16th March 2017
quotequote all
Some interesting replies thanks. I agree with the cheap long term rental but I'm not sure what the insurance costs involved will be - I'd imagine fairly high, which in turn will make turning a profit harder....

nct001

733 posts

132 months

Saturday 18th March 2017
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Hundreds of businesses are paying between £150 and £180 a WEEK plus vat from TOM or Northgate for maintained monthly contract hire unlimited mileage.


Contract van rental is highly profitable.

TOM has just been bought out by venture capital.