If your business needs regular deliveries and collections , or the transportation of equipment and other things such as tools and equipment, you’ll require the help of a fleet or van for long-term assistance.
Van leasing is a cost-effective alternative for businesses of any size. You can drive most recent vehicles for a minimal monthly fee for a set time. No matter if your business requires just one van or a complete fleet, you can rent the vehicle for a predetermined duration, and then you can return it to the vehicle(s) after the expiration of the contract.
Van Leasing Benefits
There are many advantages of the leasing of a vehicle. It includes:
1. Monthly payments that are low
When leasing, you’re limited to the period of time that you’ve decided to lease the vehicle for. It is not the full price of the vehicle, like you would with financing. The monthly payments are usually less and are more manageable which allows you to monitor the cash flow of your business.
2. A brand-new van of your choice
We lease only new vans. However, the way leasing works is that you will be able to benefit from lower payments while enjoying the latest model that could be less expensive when you finance the acquisition of an older vehicle. In addition, you’ll receive all the latest technology and equipment that you’d think of from the most modern commercial vehicles that are available.
You can leave a lasting impression on your clients when you drive an upgraded van. While aiding the environment by driving using the advanced eco-friendly technology. It gives you peace of mind that your vehicle will be efficient and reliable.
3. Lower deposit
Lease deposits are referred to in the name of the initial payment. You can pay three six, nine, or twelve months worth of initial payments. This decreases the monthly payment by reducing the amount the entire lease will cost.
4. Avoid extra costs
Cost-wise, everything is covered through the lease. You can estimate your annual mileage and , if you do not exceed it, and the vehicle is returned in line with the guidelines of fair wear and tear There are no extra charges.
With a brand-new van will not come with the cost of repairs and maintenance driving an older model.
The cost of road tax will be included within the monthly lease payment, so there’s no need to worry about it when you purchase a new vehicle MOTs are not required until after the initial three years. By then, you’ll have another brand new Van.
Based on the estimated mileage over the next few years, any change in conditions and additional miles covered beyond the agreed limit could cost you more money at the conclusion of the contract.
5. Simple process
Being driving your new vehicle isn’t a stressful experience. We have an easy leasing procedure that makes it simple for you to begin enjoying your new car:
Select the Van you want to use
It is easy for our clients to browse our website and select Vans. Van. You can customize the search parameters by:
Budget
Manufacturer
Model
Type of body
Special discounts
A detailed search, e.g. fuel type
In-stock vehicles
There’s a complete range of vans to pick from, and we’ve got an experienced team who will ensure that you get the best cost. Start your search right here, or continue going to read to find out what to do next.
Get a quote
Once you’ve chosen the vehicle you’d like to use for the next several years, you must select some crucial details which will allow us to put together a price for you. This includes deciding:
The duration of the contract
Maximum mileage allowed for the duration of the lease
Additional features you’d like to add to your vehicle, like specifications, factory options or an insurance-backed van lease and maintenance packages
This is done swiftly and conveniently on our site, as well as by calling one of our experienced Account Managers who will guide your through this process over the phone and answer any questions you might have.
Request a loan
In the case of most finance options, you’ll have to pass an assessment of credit. This is to make sure you are able to pay the monthly installments for the entire term that the agreement.
After you’ve completed the finance request form and we have it sent an one of our worldwide recognized financial partners who will look at your credit score and decide. We are fortunate to have access to the greatest variety of financing options available in the market to help you in financing your next vehicle.
Make the purchase
If you’ve passed the credit test, it’s now time to close the purchase and prepare yourself to get your new vehicle.
A designated Account Manager will compile the details of your order that will include the details of your contract as well as information on the vehicle you’ve selected.
A member of the Account Management team will look carefully through your order; we also advise customers to do this before accepting the order. Once that is completed, the order is accepted.
6. Fixed price
The purchase of a new vehicle is likely to be among the largest investments for your business. That is why the ability to afford fixed, affordable payment plans is one of the greatest advantages when leasing a vehicle.
In a lease, all you pay is negotiated in advance. There are no gray zones regarding the annual miles or the amount of equity. Other finance options such as PCP offer the guarantee of equity at the conclusion of your contract that may or might not occur if the price of your vehicle suddenly declines.
We’ll let you know exactly what you have to pay each month at the first possibility.
The monthly cost of your contract are not subject to change during your contract, unless the VAT rate or the tax on vehicles increases. Consider the probability of such an increase and include it in the assessment of your suitability.
7. Don’t be concerned about depreciation.
The most expensive part of driving can be the decline in value your vehicle suffers as time passes, otherwise called ‘depreciation’.
If you’re buying a new van it is sensible to examine residual values in order to figure out what the vehicle is worth when you decide to sell it.
Leasing the risk of this uncertainty is assumed through the financial institution. Because your monthly payments are fixed and you know precisely what you’ll have to pay and at the conclusion of the contract you just return the car.
8. Road Tax and Maintenance included
Road tax is part of the fixed monthly lease fees as well as if you choose to decide to add an annual maintenance
add a lease package, you won’t have to worry about repair costs. If the unthinkable happens
If something happens and the vehicle fails, manufacturers provide breakdown cover for new vehicles.
9. Tax relief for small businesses
When you lease your business you may be able to reclaim the full amount of VAT paid on your lease. VAT claims can also be reclaimed against maintenance expenses and any additional mileage you incur during the lease. Make sure you talk to your accountant if that you might be eligible to this tax-saving.
10. Returns with no hassle
One of the major drawbacks of purchasing a car is the cost of recouping it when you attempt to sell it in the future. With leasing, however you can get the brand new car that you like every couple of years without worrying about selling it at the right price.
When your contract is over and you are free to return the vehicle with no hassle. The vehicle will go through regular maintenance checks to make sure that you haven’t over-extended what is required by the Fair Wear and Tear guidelines or exceeded your mileage limit.
Then, it’s completely your decision as to the next step. Naturally, you could pick another car and enjoy the advantages of leasing and over.
