The Benefits of Business Van Lease

December 5th, 2020

The Benefits of Business Van Lease

If you’re looking to save money on your business vehicles or only require vans for a short period, looking for vans to lease could be the right option for you. Used by many different companies across the UK, using a van leasing company is like renting a brand new vehicle for a monthly fee then handing back the keys once you’re done.

In business, taking care of your finances should always be a top priority and investing in vans for lease can help. With an easy process to follow and lots of flexibility, there’s more than one benefit to choosing this option.

In this blog, we explain some of the top advantages and hiring from a van leasing company and how it can benefit you. Read on for all you need to know.

What is van leasing?

Before you can learn about why vans for lease are so beneficial, you should understand the basics of leasing. The main idea of van leasing is being able to rent a vehicle for a desired period of time, paying on a monthly basis instead of spending thousands of pounds on an entire fleet.

So, once you’ve found a van that suits your requirements the process is fairly straightforward. First, you will need to sign your contract which includes details of how long you are leasing the vehicle and any other terms and conditions. Next, you will go through a credit check to ensure that you are eligible for a vehicle leasing agreement. When this has been approved you will pay a deposit, receive your finance documents and arrange a delivery date for your vehicle.

Why consider leasing vans for business purposes?

Choosing a van leasing company instead of buying your own vehicles can work for your business in many ways. Consider your financial situation – Would you like to upgrade your van to a new model every few years? Are you looking to save money on car maintenance? Are you better off spreading your payments out? If the answer is yes, then leasing a van could be exactly what you need.

Here are some of the top benefits of this option.

Fixed monthly cost

One of the top benefits of finding vans for lease is the predictable and fixed monthly payments. You will agree on this beforehand and there are plenty of options to suit your budget so no need to overspend. Knowing where you are each month when it comes to finances is essential and unexpected costs can have a big impact. Instead, vehicle leasing can help you stay in control of your money without cutting corners.

Flexible lease options

Vehicle leasing is not a ‘one agreement for all customers’ type of set up. In fact, flexibility is one of its advantages. There are plenty of options within a leasing contract that you can tweak including how long you lease the van for, which model you choose, added extras such as breakdown cover and what you can do when the lease comes to an end.

For example, you may choose to extend your lease or upgrade to a newer van. A good van leasing company should offer a number of contract agreements so you can find terms that suit your business requirements.

No worries about vehicle depreciation

When you purchase a vehicle outright, every year it will decrease in value. However, a leasing contract means you do not own the vehicle, therefore, its depreciation is not your problem. At the end of your lease, you simply hand back the keys and don’t have to worry about losing out on money from the subsequent sale.

If driving new vans is an important part of your business or a main priority, you’ll be glad to know that you can upgrade your vehicle very easily. How the van ages will not be your concern as you are simply hiring the vehicle.

Inclusive maintenance and breakdown cover

One thing you should look out for when looking for a van for lease is added extras such as breakdown cover and maintenance. Often, these are included within your agreement so you won’t need to budget additional money for unexpected repairs or maintenance.

Having everything included in your lease not only saves you money but is one less thing to worry about. In a busy company, there are plenty of other things you need to focus on so having one less potential hiccup is always a bonus.

Reliable vehicles

Do you need help moving to a new business location? Are you in need of reliable transport for regular corporate events? Van leasing is one way of ensuring that your vehicle is in good condition. If your business uses vehicles a lot, you need to invest in vans that aren’t going to let you down. A professional van leasing company can help by offering high-quality vans whether you need help delivery goods or attending events.

At Global Vans, we offer a range of high-quality vans for all types of customers. From small vans to big vans, our stock is carefully looked after to ensure that every client has a smooth ride. With low, affordable deposits available, contact us today and find out more about our vans for lease.

VAT relief

Did you know that leasing a van for business can allow you to claim back VAT? In that sense, leasing has a huge bonus over purchasing. In many cases, business owners are entitled to 100% relief on VAT on van rentals. Furthermore, if you use a van solely for business, and not privately, drivers are not subject to company car tax.

You can find more information about this on the government website and of course, always check with the lease company. Tax deductions can provide a significant saving for your business.

Ideal for small businesses or start-ups

If you are a new or small business and do not have the capital to buy a fleet of vans, leasing is a great option. The flexible and affordable fees can help you to stay within budget and adapt as your business needs grow and change. Don’t feel pressured into buying a vehicle if you do not have the vehicle, instead, explore other options such as vehicle leasing.

Global Vans: Business Vehicle Leasing Across the UK

At Global Vans, we offer affordable van leasing options so you can save money on upfront costs and find the best vehicle for your business needs. With more than 17 years of experience in van leasing, our amazing relationships with manufacturers means we can offer competitive rates to our clients across the UK.

From Ford to Toyota, you’ll be spoiled for choice with our range of vans. But, if you’re not sure which vehicle is best for your needs, our professional team can offer expert advice and talk you through the process. Both short term and long term hire are available through us, so don’t hesitate to learn more about our van leasing options.

Choose a van leasing company that you can trust today. Get in touch with our team and discover vans for lease within your budget.