Commercial vehicles are the backbone of many businesses, from logistics companies to small delivery services. However, owning and operating these vehicles comes with significant costs. Understanding these expenses helps businesses manage their budgets better and improve profitability. Let’s break down the key financial aspects of commercial vehicles in simple terms.
1. Purchase Cost The first major expense is buying the vehicle. The cost varies depending on the type—whether it's a truck, van, or specialized vehicle. • A new heavy-duty truck costs around ₹80 lakh to ₹1.5 crore. • A smaller delivery van can cost between ₹10 lakh and ₹30 lakh. • A used commercial vehicle costs less but may require more maintenance. Some businesses opt for leasing, which reduces the upfront cost but requires monthly payments. Leasing is a good choice for companies that upgrade their fleet frequently.
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