Lease rather than buy your delivery vehicle
The deposit usually required for the purchase of a new vehicle can be used to strengthen your liquidity, which is so important when starting a new venture.
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Daren Jasper, head of commercial vehicles at Select Van Leasing, said, “Van leasing, which is available as either personal contract hire (PCH) or business contract hire (BCH), is a great way to get behind the wheel of a brand-new vehicle and it’s becoming increasingly popular with customers because of the low costs and flexibility it brings. Leasing a van is similar to renting one, but over a longer period. You pay a monthly fee and at the end of the contract you give back the van to the leasing provider.”
Some of the benefits include the following:
1. An affordable fixed monthly payment, which allows you to stay within your monthly budget and keep your expenses low by spreading your payments over time.
2. No dealing with a depreciated asset
Like almost all vehicles, vans depreciate in value over time. Leasing means you’re not left with a used van to sell, you simply give the van back at the end of your contract and you can upgrade to a brand-new model – just like you would with a mobile phone.
3. No big repair bills
Vehicle downtime can be costly for any business. A reliable, dependable new lease van simply won’t suffer breakdowns as an old van will.
4. Road tax paid
A hassle-free van lease means your vehicle excise duty is covered for the entirety of your contract. On top of this, you get the manufacturer’s warranty and breakdown cover included, too.
5. Full maintenance and servicing options
An additional van ‘maintenance’ package covers servicing, replacement of worn tyres, and all routine maintenance, for a fixed monthly fee.
6. All types of van body types
There are various van leasing options available, from regular panel vans to pickups, minibuses, tippers and dropsides.
7. Expert advice
Leasing consultants like the ones at Select Van Leasing live and breathe vans. And they have the knowledge to ensure that you end up with the van that’s perfectly suited to you, based on how many miles you travel each week, what sort of goods you’re carrying, what kind of payload you need, and whether an electric or plug-in van offers benefits. The tax implications of enjoying a van can also be complex for businesses and individuals – our consultants are on hand to guide you through that process.
8. Security considerations
A recent study by Volkswagen found that more than a third of van drivers have had tools stolen in the past year alone. When you lease a brand new van, you can add extra security measures – such as deadbolts and slambolts helping to keep you and your cargo safe.
“If you’re in need of a van and these above benefits seem like a tempting option, then leasing could definitely be the way to go.”
For more info visit https://www.selectcarleasing.co.uk/van-leasing
Source: Kieran Macadie JBH