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CASE STUDY near Newport has been in business since 1984 and currently runs 14 trucks

14th October 2004
Page 63
Page 63, 14th October 2004 — CASE STUDY near Newport has been in business since 1984 and currently runs 14 trucks
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Martin Arthur, part-owner of the company, believes that when it comes to overall cost, buying secondhand makes sense in the long term. "We've only ever bought second-hand. When the company initially started up, it made sense due to limited budgets but the market has opened up considerably in the last few years, giving us more choice than ever before." He also thinks that with the standard of vehicles available, worries over reliability and performance are irrelevant.

'There was a time when buying second-hand may have had an element of risk involved; if you ended up with a dud, it was just a case of bad luck. But the quality of today's trucks has improved so much that the chance of this has been greatly reduced. Furthermore, if you purchase a truck with only one Or two years under its belt, then the manufacturer's warranty will still be valid, easing any reliability worries,"

Arthur also prefers to go direct to the dealer so that, even though the truck's warranty may have expired, the vehicle will still come under the care of the dealership for peace of mind. When it comes to paying for it, the old-school method of an initial deposit followed by installments over a given time period (usually three years) still has a lot going for it, "With the deals currently on offer -such as the 1.9% interest rate I have with Renault it makes sense to take advantage of it. And unlike leasing, the truck is mine at the end of the period, which sets me up for the next one."

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People: Martin Arthur
Locations: Newport

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