Owning a minibus can be a great way to make a living or just help out your local community.
If you’re considering purchasing a minibus then it’s a good idea to know what things to take into account so you can make an informed decision.
Below are some of the biggest things to consider.
Price is always going to be a big consideration when you’re making a large purchase such as a minibus. Minibuses generally aren’t cheap but price can vary a lot depending on the brand, the size of the vehicle and whether you choose to buy new or used.
If you’re buying used then you might be able to haggle for a lower price depending on where you get it from. Always be sure to check any vehicles you’re considering for faults or damage.
The number of seats
The number of seats a minibus has is another important consideration, particularly if you’re going to be using it for commercial reasons.
Larger minibuses will generally cost more to insure. You can help to keep the cost of insurance to a minimum by comparing minibus insurance companies.
The cost of insurance
The cost of minibus insurance will depend on a few key factors. These include –
- The size of the minibus – The size of the minibus you’re insuring is certainly something that insurance providers will take into account. If you want to keep costs to a minimum then, you should consider a smaller vehicle of say 9 seats.
- Its value – The value of the minibus will affect the cost of insurance too. This is especially true if you take out a comprehensive policy where your vehicle is covered even in accidents where you’re to blame.
- The level of cover you take out – The level of cover you take will of course affect what you pay for insurance too. If you want to get the cheapest cover possible then a third party only policy is what you’ll want to go for. If you want to get more protection you can also add options such as public liability and breakdown assistance.
- Where you park it – Where the vehicle is parked is always something insurance providers pay close attention to since it will have a big impact on how much risk there is of theft/damage. Ideally you would have a locked garage or at least a driveway where you can park your minibus.