Looking For A New Car Leasing
We all have to do it and a lot of us grimace when we think about having to go and buy a car or van, well most of us anyway. We need vehicles for the school run, the trip to the supermarket or for work.
Most self employed people who run small businesses will need a vehicle that doubles up for work and family.
If it’s a van lease or you are thinking about van van lease then you should give us a call. leasing seems to scare most people as it is entering the great unknown. But once people understand how simple and low risk this method of vehicle finance is then it soons becomes so clear that this is a way to save money.
Leasing is not for everyone. If you want to own a depreciating asset then go ahead and but it. Would you buy a house that you knew was definitely going to lose it’s value?
I certainly would not be looking to take the risk on what my home would be worth in 3 years, let alone a car or van. It makes more sense to let the finance companies take the risk of the depreciation on a vehicle.
There are many ways to fund a vehicle.
Contract hire is the best way as there is very little risk to the customer on the future value of the vehicle.
Personal contract purchase is a riskier way of financing as there is always the problem of the condition the vehicle is returned in. It is worth noting that the future value of the car or van is based on trade prices and not retail.
Finance lease is for people who want the same tax benefits as contract hire but want to retain equity in the vehicle. The customer MUST sell the vehicle at the end of the contract.
Leasing is a very simple way of funding a vehicle. The vehicle will be delivered to your doorstep at no cost to you and collected at the end of the agreement.
Tags: Finances