Van contract hire benefits over purchasing
Posted: under Auto Industry News.
Tags: pick up truck leasing, small van leasing, van contract hire
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.
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Mar 16 2010