Van Leasing – Things to Keep in Mind When Leasing a Van

Van leasing is quite a popular way of financing a vehicle. Not only is this a very easy and convenient way to get a van, but there are numerous other benefits also associated with leasing a van. Moreover, if you keep in mind a few things while leasing a van, you will be able to get the right van at the right price.

Benefits

More and more people are opting to go for van contract hire because there are many benefits that come along with it.

* Required to pay monthly rental charges which are way lower than what you would be paying had you bought a car.
* There is no need to pay large cash payment at the start of the leasing period.
* There is no depreciation risk.
* Servicing cost can be included in your monthly rental charges thus making it easier for you to maintain the car.
* You can always opt for a new model at the end of your lease period. This way you will always be driving the latest model.
* You just need to pay the road tax for the duration of the contract.
* Businesses that are opting for van leasing can get 100% tax benefits.

Things To Keep In Mind

It is obvious that leasing a van has quite a few benefits. However, when you are looking to lease a van there are few things that you should keep in mind. When you are shopping for cheap van lease make sure that you compare several quotes. So what exactly should you be looking for in the quotes and the contract?

When you are comparing the various contracts, make sure that you pay special attention to the vehicle’s description. For instance, if you are opting for Ford van leasing, make sure that the quotes that you are comparing are for the same model with similar features.

One thing that you should give careful attention to is the payment profiles in the various quotes. Usually the leasing companies require you to give a 3-month rental deposit and then sign a 2 year contract. For a 3 year contract you will be paying 35 monthly rental charges.

Some companies try to fool customers by charging a higher initial deposit and lower monthly payments. However, the fact is that they might be showing lower monthly charges but the overall cost comes out to be the same as those who are charging lower initial payment and higher monthly charges. So you should compare the overall cost and not just the monthly cost.

The quotes that you are comparing should include road fund license. If the contract does not include it, you should check out whether the leasing company is trying to show a lower cost for van leasing.

If the contract includes maintenance charges, make sure that you know what is included in it and what is not.

Before signing the contract, know if you can change the contract as your needs change. If a contract is not flexible enough, maybe you should not go for it.

Always find out if you could purchase the vehicle at the end of the contract. Many people do that because they have been driving the vehicle for so long and they know that it is in a good working condition.

Finally, always read the contract thoroughly before signing it. This prevents misunderstandings later on.
Van leasing is quite a popular way of financing a vehicle. Not only is this a very easy and convenient way to get a van, but there are numerous other benefits also associated with leasing a van. Moreover, if you keep in mind a few things while leasing a van, you will be able to get the right van at the right price.

Benefits

More and more people are opting to go for van contract hire because there are many benefits that come along with it.

* Required to pay monthly rental charges which are way lower than what you would be paying had you bought a car.
* There is no need to pay large cash payment at the start of the leasing period.
* There is no depreciation risk.
* Servicing cost can be included in your monthly rental charges thus making it easier for you to maintain the car.
* You can always opt for a new model at the end of your lease period. This way you will always be driving the latest model.
* You just need to pay the road tax for the duration of the contract.
* Businesses that are opting for van leasing can get 100% tax benefits.

Things To Keep In Mind

It is obvious that leasing a van has quite a few benefits. However, when you are looking to lease a van there are few things that you should keep in mind. When you are shopping for cheap van leasing make sure that you compare several quotes. So what exactly should you be looking for in the quotes and the contract?

When you are comparing the various contracts, make sure that you pay special attention to the vehicle’s description. For instance, if you are opting for Ford van leasing, make sure that the quotes that you are comparing are for the same model with similar features.

One thing that you should give careful attention to is the payment profiles in the various quotes. Usually the leasing companies require you to give a 3-month rental deposit and then sign a 2 year contract. For a 3 year contract you will be paying 35 monthly rental charges.

Some companies try to fool customers by charging a higher initial deposit and lower monthly payments. However, the fact is that they might be showing lower monthly charges but the overall cost comes out to be the same as those who are charging lower initial payment and higher monthly charges. So you should compare the overall cost and not just the monthly cost.

The quotes that you are comparing should include road fund license. If the contract does not include it, you should check out whether the leasing company is trying to show a lower cost for van leasing.

If the contract includes maintenance charges, make sure that you know what is included in it and what is not.

Before signing the contract, know if you can change the contract as your needs change. If a contract is not flexible enough, maybe you should not go for it.

Always find out if you could purchase the vehicle at the end of the contract. Many people do that because they have been driving the vehicle for so long and they know that it is in a good working condition.

Finally, always read the contract thoroughly before signing it. This prevents misunderstandings later on.