Purchasing and running vans can account for a large portion of a company budget each year. In addition to the day to day running costs, there are the insurance, general maintenance and repairs. Studies show that van leasing Devon and elsewhere around the UK is becoming a more popular option than purchase.
Leasing is becoming so popular that there are now a great many garages that specialize in commercial vehicle leasing. That helps to create competition and allows you to shop for the best deals. If you require one vehicle or more, you are in a position to bargain. Every additional vehicle will strengthen the power you have to negotiate.
You do not need to hand over a load of cash to get a lease vehicle. You make monthly payments over the term of the lease which is normally three or five years. You can return the vehicle when the lease ends and get a new one, or you can buy the van.
You have the opportunity to include the cost of insurance, services and stated repairs into the contract. If you choose the basic rental package, you will need to pay all the other costs yourself. Your monthly rental payments will be lower.
If you choose to keep the vehicle at the end of the rental period, you will become liable for any costs, which were previously covered by the lease such as annual service costs. The same applies in regard to insurance cover, and any parts or repairs needed in the future. You will also have to pay a lump sum, which is calculated on the original cost of the vehicle, minus your lease payments.
The lease contract will state the annual mileage allowance for the vehicle. Providing you do not breach the mileage limit, you will not have to pay any extra. If you do use more than allowance, you will be charged the additional mileage.
Leasing is becoming so popular that there are now a great many garages that specialize in commercial vehicle leasing. That helps to create competition and allows you to shop for the best deals. If you require one vehicle or more, you are in a position to bargain. Every additional vehicle will strengthen the power you have to negotiate.
You do not need to hand over a load of cash to get a lease vehicle. You make monthly payments over the term of the lease which is normally three or five years. You can return the vehicle when the lease ends and get a new one, or you can buy the van.
You have the opportunity to include the cost of insurance, services and stated repairs into the contract. If you choose the basic rental package, you will need to pay all the other costs yourself. Your monthly rental payments will be lower.
If you choose to keep the vehicle at the end of the rental period, you will become liable for any costs, which were previously covered by the lease such as annual service costs. The same applies in regard to insurance cover, and any parts or repairs needed in the future. You will also have to pay a lump sum, which is calculated on the original cost of the vehicle, minus your lease payments.
The lease contract will state the annual mileage allowance for the vehicle. Providing you do not breach the mileage limit, you will not have to pay any extra. If you do use more than allowance, you will be charged the additional mileage.
About the Author:
If you want to get a good rate on car leasing, Devon, England, then get in contact with the Vehicle Save leasing company. They provide lease options on various makes including Vauxhall, Volkwagen, Citroen and Nissan. You can lease on any budget for daily car hire and long-term contracts for personal or business use. Vehicle Save also offers corporate automotive fleet management and van rentals.
