What are Excess Mileage and Excess Damage Charges and How to Avoid Them
Your funder can charge you for exceeding your quoted mileage and damaging your vehicle beyond what is considered ‘Fair Wear & Tear’. These […]
June 27th, 2023
A new van is a great step for your business. Not only can a Van Lease UK mean a new vehicle is more affordable than buying outright, but it’s a great way to promote the growth of your business.
In this article, we’ll walk you through your leasing options, how leasing works at Global Vans, and some of the other great benefits of leasing.
If you have a new company or you’re looking to expand your business then leasing is a great way to make a new van more affordable. Rather than having to pay the full van cost upfront, you can pay an agreed monthly amount for the duration of your lease – while you use the van.
We also help our customers who are looking to order multiple vans. With a van lease uk, you can add multiple vans to your fleet to help your business grow. We’ll find you the best leasing deal, so you can spread the cost of these vans over a 2-5 year period.
With a Hire Purchase – you will own your new vans from the start of your agreement. You pay monthly instalments to the van finance company, and at the end of the agreement the vehicle is yours. With Hire Purchase, you pay the full VAT amount upfront, so monthly payments are often lower.
Finance Lease is a great option if you’re looking for flexibility at the end of your lease. Finance Lease gives you the option to sell the vehicle on at the end of the lease term, or trade it in and part-exchange for a new vehicle lease. This van finance option allows you to spread the VAT across the term of the lease.
Contract Hire is an ideal option for anyone not interested in ownership. If your business would benefit from trading up to a new vehicle every few years, and you want to do away with the hassle of disposal, then a Contract Hire agreement may be perfect for you.
Benefits of a Van Lease UK
Put simply – a van lease means you can afford a new van or vans for your business. This will promote growth, save you money on maintenance costs (compared to an older vehicle), and make sure your business is giving your customers a great first impression!
For more info on what a van lease can do for your business, check out our article on the Benefits of Van Leasing
To talk to one of our experts about leasing, just Contact Us or call 01179625314 today.
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