Perhaps the most frequently asked question for us as a business, is how do you make the choice between taking a lease or renting a van. What are the major benefits to taking out a lease, as opposed to a simple rental agreement?
It is quite simple really. When you lease a van you can choose which one to take from the extensive range of familiar models that are available. It is possible to choose which colour you want, what options and specifications and size that is suitable. You are spreading your monthly payments as a customer, over a set term – as a result, your monthly payments will be considerably lower than a rental agreement. It is becuase the finance company knows exactly how much money it will be earning from the customer because of the customer’s committment to the deal.
Because we have such a high turnover of vans, we can get the best possible prices, and pass them straight to the customer. This culminates in lower start up cost, helping to improve cash flow for the customer. A customer also has the option to own or sell the vehicle at the end of the van lease deal.
There is the added bonus of being able to sign write your vehicle with your own company logo and add other extras such as roof racks and interior racking.
As an alternative, with rental you can pay the monthly cost and have nothing to show at the end of the rental agreement. For me, it is the worst of all of the options on show, and has the least value for any business.
To know more information, see how we can help your company with our special commercial vehicle leasing deals. LDV van leasing and Iveco Van Leasing are just some of the options out there to choose from.
