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Van Lease Hire

If you need a vehicle for your business then van lease hire might be a good option. In recent years there has been a huge increase in the number of businesses that lease instead of buying and there are good reasons as to why this is so. Van lease hire might not be the best option for everyone, but it is certainly something worth considering. It is important to point out from the start though that all leasing contracts are not the same and the benefit of taking this option will depend completely on the conditions of the lease.

What are the Benefits of Van Lease Hire?

Over any time longer than a couple of weeks it will always work out cheaper to lease than to rent. Purchasing your own van will mean that you can count this as a business asset, but you will likely find that the value of this asset falls dramatically after the first year. You will own the van but it also means that you will be responsible for maintaining it and after a few years it will probably need to be replaced especially if you use it a lot. Van lease hire means that you never actually own the van but otherwise you do get to enjoy most of the benefits of ownership. The best thing is that you can get a brand new van every year or so and you shouldn't have to worry about maintenance. With a lease you won't have to pay a lot of money up front and most leasing monthly payment schemes are quite reasonable. You won't have to worry about selling the van when it gets old and you will never get to see it old and struggling you won't usually find a leased van that is older than five years.

Getting the Best Van Lease Hire Contract

As you can see there are great benefits to van lease hire but you should realise that the wisdom of this move will depend on the contract. You might find a leasing option that seems very reasonably priced only to be hit with a huge bill at the end of the year. This is because most leases will have a millage limit and if you go over the limit you will need to pay extra. This means that it is often the case that a low monthly payment with a low millage limit can be a worse deal than a higher monthly payment with a high millage limit of course a lot will depend on how much you intend to use the van. If you only need it for occasional use then a low mileage limit might be fine.

There will also be other potential clauses and hidden costs in the leasing contract that could make what looks like a good deal a bad one. Always make sure that you know exactly what you are getting into and that way you will get all the benefits of van lease hire without the regrets.

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