What is the difference between buying and leasing a van?
The difference between buying and leasing is pretty simple. If you buy a van, it’s yours.
If you lease, you pay monthly and, depending on the finance model, you may have to return the vehicle at the end of the contract.
First Step Vehicle Solutions is one of the biggest commercial contract hire van dealers in the UK, with two indoor showrooms based in Greater Manchester.
They offer shorter-lease options for businesses.
Their 12-month leases offer you all the benefits without the long-term commitment, making the process of renting with them stress-free and less of a financial strain.
Contact them for an unbeatable van leasing deal.
What are the advantages of leasing a car?
Fixed Monthly Cost
Before you agree to the contract, you will agree to a fixed monthly fee. This means you will always know where you are up to and will be able to manage your finances better.
Brand New Vehicles
One of the best things about leasing is that you get to drive the latest model every few years, just like upgrading your mobile phone.
Less Maintenance and Admin
Leasing a vehicle comes with great maintenance deals that you wouldn’t be eligible for should you buy the vehicle outright.
Most leasing companies will include your servicing or MOT costs within the package, saving you a few hundred quid along the way.
When leasing a vehicle, you may need to forecast how many miles you are likely to drive over the year as going over your mileage agreement comes at an additional cost.
If you damage a leased vehicle, you will need to pay to get it fixed prior to returning it. Failure to do so will result in paying the leasing company premiums, which could end up costing you more.
Save Money in the long run
Two guaranteed facts of owning a car are that they are very expensive and they also depreciate in value.
A new car loses value as soon as you drive it off from the dealership, losing up to 40% by the end of the first year.
However, there are still ways of minimising this depreciation, such as tracking your mileage and keeping the car in good condition.
Van leasing is an effective way of controlling depreciation costs. With personal contract hire you have access to a brand new van for an agreed time and mileage.
You choose a fixed monthly fee tailored to yourself and, ensuring the car is in good condition at the end of your lease term, you simply hand it back.
You can then immediately lease another new van and repeat the process. Essentially, this is a form of long-term van rental.
Where should I look?
If you are interested in leasing a van or van rental then get in touch with the team at First Step Vehicle Solutions.
Numerous finance options are available on all of their vans, including their ever-popular 12-month lease terms.
If you have any enquiries, contact them today and one of their experienced sales teams will provide you with the best deals to suit your budget.
Part exchange is also an option at First Step Vehicle Solutions.
They take your old van as a deposit for your new vehicle.
Their aim is to make the process of buying a new van as stress free and simple as possible.