If you are starting up in business as a self-employed taxi driver then you will obviously need a vehicle to transport customers from one place to another. One of the decisions that you will need to make is whether to purchase a new or used taxi. There are a number of reasons why it would be better to buy a new vehicle so we thought you might find it useful if we highlighted some of the benefits.

A new taxi may well come with a warranty for a number of years meaning that if you encounter one or more specified mechanical problems during the warranty period the cost of the repair work and parts may be met from the warranty cover providing you with peace of mind. However, a new taxi is less likely to break down in the early years of ownership than if you purchased a second-hand car that has been on the road for three or four years. This means that you should be able to keep your business operating uninterrupted resulting in you making increased profits.

If you are driving around in a new vehicle then you are likely to attract more customers than if you were going about in a used car that is looking a little worse for wear both on the outside and inside. Customers love getting into a new vehicle that is clean and tidy. Your new taxi may even come with a charging point in the passenger area that a passenger can use to charge up their mobile phone or iPad.

A new taxi is likely to be more fuel-efficient than a second hand one. Therefore, you should get more miles to the gallon. In the current economic climate this would be of significant financial benefit bearing in mind how many miles a taxi driver is likely to do in a week.

A new taxi is likely to come equipped with a built in sat nav meaning that it is easier to find a customer’s home and also find out the best route to get the client to his or her destination. The days of using an “A to Z” should be long gone.

You should find driving around in a new taxi easier than an old one as it will no doubt come with better driving aids. This should help make your day less stressful.

Whilst purchasing a new taxi has many benefits it should be borne in mind that it is going to be more expensive to buy than a used one.