More and more people in the UK are buying and leasing business vehicles – particularly light commercial vehicles (LCVs), but also cars. At the end of September 2018, there were 38.4m vehicles licensed for use on Britain’s roads and 31.6m were cars (source: RAC). The volume of LCVs (ie vans and trucks weighing less than 3.5 metric tons) grew by 2.6% in the year to September 2018, significantly more than any other vehicle type.
The number of vans on Britain’s roads has been rising more than 2.5 times quicker than cars, with every tenth vehicle now an LCV, which amounts to almost four million (source: RAC). If you’re considering getting a vehicle for your business, there are several key questions you should ask.