Van contract hire benefits over purchasing

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Van contract hire is a great way for businesses get a new vans or to expand their fleets in an economical way. When the budget does not stretch to buying new stock, contract hire allows businesses to acquire new vehicles at a much reduced outlay. The agreements themselves are designed around the likely usage by of the hirer – ensuring the profitable use of the vehicle.

A hire agreement typically covers an extended period usually 24 to 60 months. The monthly costs are linked to quantity of mileage that you are likely to cover. This provides greater flexiblity for the customer, who is has the option to calculate their likely mileage per annum. You can gain extra cost saving benefit during a van contract hire. It is possible that you can get the leasing company to cover you for maintenance, breakdown and servicing. If the lease company do not include the servicing or maintenance in the contract, they may well offer it at a preferential rate. The manufacturer's warranty will cover all new contract hire vans under the agreement.

The main benefit of contract leasing over purchase via a loan is the cost, which is likely to be much lower
vehicle. This means that you may be able to afford a more superior make and model than you originally intended.

At the end of the agreement, you will have a number of options which will benefit your business. You can return it to the hire company and take out a new lease on another vehicle, or choose to buy the van you have been leasing from them usually at well below market rates. In summary the money to be saved, the economical use of the vehicle and the other added extras demonstrate the benefits of van contract hire.

Pick up truck leasing and small van leasing are typical types of vehicles that are covered by these deals.

Comments (0) Mar 16 2010

Save yourself a pack with a contract hire or van lease

Posted: under Auto Industry News.
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If your business relies heavily on delivering goods to customers, it may be a costly exercise to find the money to finance new vehicle purchases when necessary. It is true, particularly during global recessions when staying afloat in business is a hard job.

So you may well be thinking that there is a need for new delivery vans to keep the business going, but I can’t afford to buy one that will be suitable for the job. Another option exists to fit out the company with a brand new van. Van contract hire For a fixed monthly fee, you can get the latest van or car to deliver your customer’s order, which is a simple way to help your business.

You would only have to pay a monthly fee once the contract was signed, and once finished, you could take out a new one to get a new vehicle. You can even get great deals where the van maintenance is covered, giving you one less thing to be concerned about.

So where’s the catch, you may ask? But there is none. Leasing a van is the best way to get the latest vehicles, at greatly reduced outlay for the van owner. Also, because they are the newest model vehicles, they won’t break down as frequently. In addition to that, when you buy a new vehicle you instantly lose money with depreciation, which is painful when you come to sell later on. With leasing, you have no such problems, because once your contract is finished, you just return the vehicles. You can select another vehicle if you so desire, and renew or take out a new contract.

It has got to be the best and most cost effective way of getting the latest models for your business, especially during recessionary days. So, get out there and check out the latest deals in medium van leasing or perhaps pick up truck leasing that are on offer with some of the leading suppliers in the business.

Comments (0) Jan 30 2010