Understanding The Edge Of Specialist Van Leasing Over Complete Purchase And Ownership |
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Lenny Dalembert
9 January 2013
Economists and financial coaches are always reinforcing the need for practical money solutions. Despite the fact that economies around the world are recovering from the global economic recession, these money experts believe that every business and every household should carefully explore all their options first especially when it comes to a sizeable investment, such as a new vehicle.
Everybody already knows how "things" easily lose their value over time, right? It's exactly the same thing with vehicles. Within a year, a vehicle can diminish in value by thirty to forty per cent and even more if it's been used consistently and its exterior displays signs of wear. There's no way that you can resell it and get a full return on your investment. So, if you're trying to determine whether buying a new vehicle is the best decision to make when you're resolute to cut back expenses or not, the easy answer is the latter.
A cheaper option for some people is to just settle for a second-hand vehicle; the price is definitely lower-but again, it can be a big mistake. You can never fully know the history of a second-hand vehicle; most of the time, maintaining it can run you so high on costs that you would have been financially better off with a brand new one.
If you're really out to save on vehicle costs, van leasing is the smartest option you have. A lot of businesses these days are actually opting for van leasing instead of complete ownership; largely because of the savings it brings. Specialist van leasing companies present easy to accommodate payment plans to their customers. Apart from this, they also offer special provisions for full tax relief on payments. Paying up to fifty-five per cent less for a business vehicle may just seem a micro effort in finance management but it does more than chip away at a larger objective - leasing a business vehicle can accomplish plenty on its own.
The special terms and conditions do not only save a substantial amount of money but can also save you the stress of having to stay on top of upkeep requirements especially if it's a specialty van. Leasing companies also provide you the advantage of choosing the best vehicles to use for your business - such as the brands you would not even consider to include in your list of options if you were buying, like Citroen, Ford, Renault, Vauxhall and many more. These brands of specialty vans for lease are just within the £200 to £300 range.
A lease usually lasts for three to four years - pretty much the usual span of time until a vehicle has to be replaced by a newer model for better efficiency. When these four years are up and you want to change the look of your company vehicle, all you need to do is return the specialty van that has served you through those years and lease a completely new one at a price your business can easily afford.