Minibuses: What are other schools doing?

The second School Minibus Survey reveals that the way in which schools are paying for and using their minibuses has changed.

The second Benchmark Leasing survey of school minibus use has revealed a considerable change in the way schools are paying for and using their vehicles in recent years.

As might well be expected the survey shows a considerable growth in the number of minibuses being operated by schools, and this growth has been accompanied by a change in the way in which the vehicles are financed.

Whereas in the past the norm was to buy a minibus outright, perhaps with a donation from the PTA to help matters along, leasing is now becoming the norm.

As a result schools are able to ensure that their vehicles do not become increasingly liable to breakdown, but can instead be replaced at regular intervals as one lease ends and a new one is taken out.

In addition schools find that they are covered against any sudden extra costs for repairs and maintenance with everything included in the lease.

The most common number of minibuses per secondary school is now two or three, but for the first time over a quarter of secondary schools report that they have four or more minibuses.

At the same time over 20% of schools now report that they only have leased minibuses in the school fleet – a figure that appears to be rising very rapidly. Likewise the number of schools that are reporting that they will lease their next minibus (rather than buy it) is higher than ever before. Buying second hand is virtually disappearing as an option.

For a free copy of the second School Minibus Survey, which also incorporates details of the current legal responsibility and requirements, please like our Facebook page and email jenny@hamilton-house.com to receive the report.

For more information about Benchmark Leasing you can go to our website, call us on 01753 859944 or email minibus@benchmarkleasing.co.uk