Why van leasing is better than rental

bobbyjones| February 13, 2010 | No Comments

The most common question that both myself and my colleagues are asked is how to make the choice between leasing or renting a new van. What are the major benefits to taking out a lease, as opposed to a simple rental agreement?

The answer is quite simple. When you lease a van you can choose which one to take from the extensive range of familiar models that are available. You can choose what colour it will be, what options you want and what size and specification you require. As a customer, you would be spreading your payments monthly over an agreed period which is going to be cheaper than renting. This is because the finance company knows how much money they will be earning from customers because of the commitment the customer has made.

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. Our customer also has the option to continue owning or sell the van at the finish of the van lease deal.

There is also an added bonus of being able to use your own logo on the van and also add extras such as interior racking and roof racks.

Alternatively, with rental you can pay your rental charge each month and have nothing to show for it at the end of the period. For me, it is the worst of all of the options on show, and has the least value for any business.

To find out more, see our ‘financed explained’ section on our website which covers topics such as commercial van leasing and large van leasing.

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