Choosing the right PCO car hire deal can be a challenge for new drivers. This is because the market is filled with companies claiming to be the best, and it’s easy to get deceived by attractive ads that don’t always offer what they promise.
PCO drivers have many expenses, and choosing the wrong deal can be the fastest way to lose your profits.
In this article, we will offer effective tips to help you compare hire deals in the market and choose one that offers the best value. Let’s get started.
Know What The Hire Fee Covers
Cheap doesn’t always mean the best when choosing a PCO hire deal. Many cheap deals come with hidden costs or lack essential perks, which actually makes them expensive in the long term.
Look for a package that includes insurance, maintenance, breakdown cover, and MOTs in the weekly hire fee, even if it’s slightly higher than the cheap deal you were getting. Here’s why this matters:
Insurance: Private hire drivers spend more time on the roads, which puts them at a higher risk of accidents. With car insurance included in your package, you can drive with peace of mind, knowing that you are covered in case of accidents or claims. Just make sure your package includes comprehensive insurance, as this is the only type that covers third parties, the driver, and the vehicle.
Maintenance and Servicing: You will be driving your car for 8-10 hours daily for 5-6 days a week. This causes the car parts to wear out quickly, and maintenance is needed to keep them in good condition. That’s why your hire package should include maintenance and servicing as well. This will keep your car well-maintained and eliminate the need to book garage appointments for extra costs.
Breakdown Cover: Breakdowns can be frustrating, particularly when you are carrying passengers, as they can leave negative feedback if they don’t reach their destinations on time. With breakdown cover included in your package, you get immediate assistance from your car provider, which is a big relief.
MOTs: Private hire cars need to pass an MOT check every six months. During the check, your car’s brakes, tyres, and other critical components are inspected to confirm it’s safe to drive. With MOTs included in your package, you can simply focus on driving and earning while the car provider tackles technical details.
Compare Vehicle Options
Different types of private hire vehicles are available on the market with varying costs. Choosing a car that suits your driving goals and budget is essential to get the best value out of your deal.
For instance, petrol or diesel cars can be cheaper to hire, but their ongoing fuel expenses can make them a costly choice in the long run. The best way to keep your fuel costs low is to drive a hybrid or fully electric car, as they offer more range for less cost.
In addition to fuel type, you should also consider whether you want to focus on short, inner-city rides or group travels and airport runs.
If your focus is on the first, then saloons are more suitable. For groups and airport runs that involve luggage, an SUV or 7-seater will be the better option as these vehicles are more spacious and have large boots.
Understand the Payment Terms
Different car providers have different payment structures. Some accept weekly fees, while some prefer monthly payments.
If you prefer paying at short intervals instead of a hefty sum at the end of the month, then choose weekly payments. Most PCO drivers, especially new ones, prefer to pay weekly because it helps them stay on top of their expenses.
Apart from the weekly hire fee, you should also understand your car provider’s upfront deposit structure. It usually ranges from £250 to £500 and is refundable if you return the car in good condition. However, the definition of ‘good condition’ can vary from company to company.
What one company defines as negligible, daily driving wear can be a serious issue for another, and the cost of repairing that damage could be deducted from your deposit. So, make sure you understand this aspect as well.
Check Reputation and Reviews
The best way to check a company’s reputation is through online reviews. When reading reviews, don’t let an occasional negative review determine your decision. Negative client experiences are part of business, but if the majority of reviews are positive, then it’s a good indication of the company’s reputation among its clients.
If possible, meet some of the company’s clients in person and ask about their experience. Learn how they handle breakdowns, what is the quality of their support, and whether they keep their promises or not.
If all seems positive, then consider proceeding.
Assess Flexibility and Upgrade Options
Getting locked into a long-term contract with no option to get out can be a stressful experience. The demand for drivers keeps changing in the PCO world, and being able to switch cars depending on the demand can help you save a lot of money.
Imagine you drive a 7-seater for groups, but suddenly you stop getting enough rides to pay the weekly hire fee. A flexible, short-term contract will allow you to switch to a more affordable car on short notice.
On the other hand, a hire company that doesn’t allow you to switch cars depending on the demand can stretch your budget and make the hire experience more stressful.
Final Thoughts
Choosing the right PCO hire deal that aligns with your budget and driving goals is essential to get the best value out of every mile. A package that includes private hire insurance, car auto body repair, regular servicing, and MOTs is usually a safe choice. If having doubts, read online reviews and contact current or previous clients of the car provider to be sure you are making the right choice.
