If you have to transport more than 8 people, it would be good to consider a special passenger van. It may be wise to be prepared to search for this as not all van contract hire companies are suitable.
1. Consider looking for the correct type of van. Use a website such as www.mwvc.co.uk to get information on different types of passenger vans. If you are surfing around, you may locate the right make or model of passenger carrier. Decide on the probable amount of miles that are likely to be covered in a year. This will determine whether you can afford the extra lease cost associated with diesel vans.
2. Try to decide whether a long term or short term lease would be your best bet. If you have only a temporary need for a passenger van, look into short-term leases. A shorter lease provides flexibility, as you may extend the term if needed or return the vehicle after a few weeks or months when the lease is up. If you are looking to transport employees, then a longer term lease would be more appropriate.
3. Decide on roughly how many miles you will cover. Major small van leasing companies offer annual mileage allowances ranging from 7,500 to 50,000 miles per year. If you purchase less miles per year, you will have lower monthly payments. If you choose a low mileage allowance but exceed it, you will be forced to pay an excess mileage charge.
4. Contact leasing companies. You will find short-term van leases are closed-ended, meaning you pay the company a negotiated amount over a particular term for your van finance. Long term leases can be both closed and open-ended. In closed-ended leases, the lease company typically sets the residual value fo the vehicle. If the an is sold for less than the residual value at auction, the lease company is responsible for paying the difference. If the lease is open-ended, the customer then has to pay the difference between the residual value and the sale price.