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Thinking about leasing a van for personal or business use? Read on for tips to help you ask the right questions to find the best van for you.
Have you been looking into leasing a van for personal or business use? Unsure where to look or how to find information on renting or leasing a van? Unsure of what range is available to lease and if it is something you can afford? Look no further. This guide will give you all the information you need on van leasing , rental booking, and the types of vans available for you to lease.
There are many online companies out there that not only lease vans in your area or nationally but also specialize in van cash sales, customization, and upgrades. In this guide, we will discuss van leasing and the other services offered. Please read on if you have been unsure and need more direction or information on these topics.
What is Van Leasing?
In short, van rental or leasing, as it is also known, is when a customer pays for a long-term van rental. There is usually an initial upfront cost, and then payments will be made monthly to cover the cost of the van for the duration of the contract.
These payments can be made over several years—2, 3, or 5 years depending on your circumstances and the lease term. Working out a monthly budget before applying for a van lease is important.
Van leasing might be the best option for your business needs. Photo by Johannes Andersson on Unsplash
Benefits of Van Leasing
There are many benefits to van leasing, and of course, like anything, there are also a few cons but on the whole, it is a good way for you to afford a van without the hidden costs of buying one upfront.
Benefits include:
Avoid high up-front costs with only the initial fee and affordable monthly payments
Fixed monthly payments so there are no hidden surprises, and you can budget accordingly
Flexible yearly terms to suit your budget and short or long-term needs
Road tax included in the contract to save you money
Offers many tax benefits to businesses leasing vans for company use
When the lease ends, the van is returned, the contract ends, and the monthly payments on the lease end. A decision can then be made to extend the lease or return the van.
If you want to hire a van for seven days, this would be a van rental. Most van leasing companies provide this service as a standard. Or how about renting a camper van for the holiday you have planned ? You can also rent camper vans for months instead of leasing for years. Many rental contracts include fully comprehensive insurance as standard.
You can rent a van for business or for pleasure. Photo by Bradley Dunn on Unsplash
Which Brands are Most Popular for Leasing?
If you are unsure which brand and type of van you want to lease, there are a few popular brands we would like to tell you about.
The Volkswagen Transporter, Ford Transit Custom, and Mercedes-Benz Vito are available to lease at most locations. You can also take advantage of custom-made vans with the extra class or style you are looking for. Depending on the type of van and your budget, there is sure to be something out there that will catch your eye.
Finance Options
There are many different types of van finance, and below are a few with some of the terms and what is included in each.
Van Lease Purchase : Generally, this is most suited to VAT-registered companies as the initial deposit can be claimed back. This type of lease can also be settled early as it is an ownership scheme.
Finance Lease: Normally, to lease, you will be asked for a 10% down payment with very affordable monthly payments over several years, depending on your budget. This is usually the most commonly supported by manufacturers as it can be the cheapest way of leasing a van.
3, 6, 12 Month Lease : Low commitment, one payment to make, and no monthly installments, and they also sometimes offer the opportunity to buy the van at the end of the lease.
Van Hire Purchase : This type of finance is commonly offered if you have been declined a van lease purchase. There are higher monthly payments, which means it will be paid off quicker; you can settle the loan at any time, and the initial payment can also be claimed back if a VAT-registered company.
Long-Term Rental : If you have bad credit or struggle to get approval for a loan, this could be the best suited for you. Most companies only offer basic vehicles, but it also offers little commitment, and insurance is included for some rentals.
All leases or rentals will be subject to a credit check, and an initial deposit will be expected on approval. Please check the full terms and conditions before signing an agreement.
Depending on the van, lease, or budget type, there will be something to suit your needs. We recommend checking the best type of finance that suits your needs and will have the highest chance of approval before applying.
Experts can help you find the can that best fits your needs. Photo by Markus Winkler on Unsplash
Now is the Time for Leasing a Van
For more information on leasing a van or want to chat with someone about other products and services, visit a highly recommended van leasing company, https://www.swissvans.com , for help with van leasing and finance or to chat with one of their team if you are unsure where to start.
Swiss Vans offer many ranges of vans discussed in this guide and have extensive knowledge and experience in this field. The staff can help you plan your van lease and discuss the best finance options based on your current needs and budget.
Swiss Vans boasts a wealth of stock on vans for lease or rental from all over the world and also work with you to make your very own custom-made van with upgrades depending on what you need. Contact them online or via telephone today, and let them take the hassle out of leasing your next van.
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Leasing a Van
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