Van Contract Hire
With companies tightening their belts all over the country it is important to make sure that all expenses are carefully considered. One area your company can save money is through Van Contract Hire. If your company has to have transit vehicles then why waste money buying your fleet when you can rent instead. Purchasing your own vehicles is a massive outlay, and as soon as you drive your vehicles back to your place of work you`ve already lost thousands of pounds in depreciation. By taking advantage of some of the brilliant Contract Van Hire companies you can have one set bill a month instead. You can have your choice from any size of a van you want - from a small van or pick up truck, right up to a chassis cab style vehicle. You have the option of included a maintenance package in your deal, so there will be no unexpected large bill should some thing go wrong with your vehicle. All vehicles are available on a long term hire basis, so there is no renegotiating of the price every 12 months, your Contract Van Hire will be fixed.
Van Finance Leasing
When running a business an area that often gets overlooked is the transport department. Your fleet vans can be a massive drain on resources if you do not have the right vehicles. One way of halting this is to hire your vans, using a Van Finance Leasing option for payment. This is ideal for your business - especially if you are VAT registered. This method lets you handle the administration of the vehicles, and gives you the added bonus of having them show as an asset on your company balance sheet. To offer a little more explanation - Van Finance Leasing is where you the hirer can choose to pay the entire cost of your hire vehicles over an agreed lease period with your dealer. This means that your business will be paying noticeably lower monthly rentals though out the length of your contract. At the end of your contract you can make one final payment that will be based on the expected resale value of the vehicle that you have hired. Another bonus is that your monthly payments are all tax deductible.
Van Lease Purchase
It is difficult as a company to know for certain that the haulage and delivery vans that are in your fleet are reliable. Your fleet is an expensive asset that needs a lot of financial support to maintain, and you need to know your vehicles are reliable. By hiring your vans, and then taking advantage of the Van Lease Purchase scheme that is offered you can take some of that financial strain off your company. By hiring your vehicles in the first place you are not having a large purchase that depreciates in value on your books. By taking advantage of the maintenance option that is within the hire contract you will know your vehicle has been properly maintained, so when you do want to take advantage of the Van Lease Purchase you know you are getting a van that has been properly looked after and maintained within it`s service history requirements. Part of the cost of your van can be deferred into what is known as a balloon payment at the end of the van leasing agreement. This payment for your Van Lease Purchase will equate to the expected market value of your vehicle at that time.
