Van Leasing | auto-loans-car-loans.com

July 19, 2010

Passenger Van Leasing And Important Considerations

Filed under: CNN Money — Tags: van finance, van lease, van leasing — nat @ 7:30 pm

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.

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July 2, 2010

What You Need To Know About Lease Exchange

Filed under: CNN Money — Tags: automobile, car leasing, van leasing, vehicle leasing — nat @ 1:55 am

Getting Out of Your Car Lease

In recent years an increasing number of both individuals have decided to lease their vehiclers rather than buy them. People are finding that leasing will provide them with the transport that they need at a monthly cost which is more affordable than a comparable loan to purchase the vehicle that they want.

One of the negative aspects of leasing is that you are required to sign up to an agreed lease period and this is what determines your monthly repayments. Typical lease periods vary from around 2 to 4 years. But what can you do if, during that period, you need to change your vehicle for some reason? Maybe you can’t maintain the monthly payments or the model is no longer suitable for your needs.

Under these circumstances a lease swap maybe just what you need. Many suppliers who provide lease cars and vans offer their own lease swap programs, but there are also a number of businesses dedicated to lease exchange.

In a lease swap arrangement you don’t generally swap one lease for another one. Your existing vehicle lease will need to be transfered to someone else. It is worth noting that not all vehicle lease contracts actually allow transfer, so pay attention to your contract small print.

One way that you may choose to swap your current vehicle lease is to sign up to one of the online services offering this facility. If you are the person who wants to exchange their lease then you would be considered a seller and anyone interested in taking on your lease would be considered a buyer. Buyers benefit through not being required to provide an upfront payment because this has already been paid by the current lease-holder.

Companies that specialise in lease swapping and exchange usually charge a fee for their service. You will also probably encounter a charge from the leasing company for processing the lease transfer. You should also not overlook the need for gap insurance , essential when leasing a vehicle.

I recently used a lease swap web site to get a short term Fiat lease that has saved me an absolute fortune.

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June 30, 2010

Do We Need More Vans On Our Roads?

Filed under: Credit Services, Mortgage Info, money — Tags: cheap van leasing, van lease, van leasing — nat @ 2:17 pm

It will be National Van week soon.Quite what this entails I’m not sure it seems to be a wonderful excuse for van manufacturers to advertise their new models and attract lots of new customers. For some people, driving a van is an essential part of everyday life. Many businesses rely on using them daily to transport staff and goods, and there is no question of their usefulness.

In these difficult times many people with small businesses rely on their van for transport or even as their portable office. Buying is an option, but far more predictable, reliable and certainly less costly is looking at available van leasing deals. You’ll get a modern van without having to worry about paying upfront, and get the chance to trade it in for the latest new model every three years.

The problem is that even if it’s a brand new, environmentally friendly van they can still cause problems on the roads. Many would say it’s not unusual to find one blocking the road and that they cause problems when left parked on small streets or in residential areas. What those people are forgetting is how many of the services they use and rely on every day depend on a man in a van.For those who need to use a van in their day to day business life it’s hard to imagine how they’d be able to cope without it.

But for businesses that need to use vans the cost of upkeep and servicing can be a real financial worry.The reason most businesses with a small fleet of vans require drivers to take them home is that the cost of hiring somewhere to store them all would be too high. A far more viable option for these businesses would be to look at van lease contracts if manageable monthly payments and always having the latest model wasn’t enough, many deals come with tax and servicing cost thrown in as well.

For more information about a particular make of van such LDV van leasing or refrigerated vans, contact Crusader vans.

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May 26, 2010

Top 5 Points To Consider With Leasing A Vehicle

Filed under: CNN Money — Tags: renault van leasing, van contract hire, van lease, van leasing — nat @ 12:01 pm

Below is a list of points to consider before entering into a van lease deal. It may also be beneficial to seek the advice of your accountant.

1. Check out the description of the van, are they one and the same?

An easy way is to compare the P11d price, this is the price set by the manufacturer for company car tax (benefit in kind tax purposes). The term P11d refers to the form used by the Inland Revenue to record the details of the vehicle. If your quotation does not include the P11d price, then you should ask for this detail.

2. Check the payment profile, how much do you have to pay in advance and how many subsequent rentals?

The standard profile is 3 advance rentals followed by 23, 35 or 47 further rental costs for 2,3 or 4 year deals respectively (subject to credit underwriting agreements).

3. Check for road fund license, is it included for the full term?

All contracts whether they are with or without maintenance should have the road fund license included for the full term.

4. Does the agreement come with an extra admin or delivery charge?

You would be wise to have this agreed before you sign anything, as this is something that can be conveniently forgotten. Make sure that this is written into the contract at the start, to minimize time and money wastage.

5. Who is the finance company supplying the contract?

A trust-worthy broker would be happy to let you know where the quotation figures came from. They should also tell about the contact quality and the levels of service you can expect of the finance company. Watch out if the broker is unwilling to help, they may be looking around for the cheapest deal to earn the best return for themselves. This could be more in the interest of the broker than for you.

At Crusader Vans, we offer competitive deals on all of the top brands including Mercedes van leasing or Refrigerated van leasing.

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Understanding How To Use The Van Leasing Market

Filed under: Auto Dealerships — Tags: cheap van leasing, van finance, van leasing — nat @ 12:01 pm

Leasing vehicles and the associated marketing have gone unnoticed recently due to very low interest rates. Lower monthly payments have been the advantage most people have been seizing when dealing with leasing. With the low financing rates, this advantage has been shifted to traditional financing.

The world of leasing vehicles is complicated and difficult to understand fully. Even now it is possible find some good deals out there, but the financial process around leasing a van can still be quite confusing. It is this confusion that can leave you puzzled once the lease period is done.

So to avoid the van leasing confusion, we can look at some basic points.

In vehicle leasing, you are only paying for (in the form of monthly payments) the portion of the van that you use over the life of the lease. As part of the monthly repayments, the sales tax and financial charges will be included.

Yes, van finance or interest charges! In van leasing vernacular this is known as the money factor.

The van’s residual value is what is determined as the quantity of the van that you will use. The residual value is a predetermined number relating to the market value of the van at the end of the lease.

For example: if a $20,000 van has a residual value of $11,000 at the end of your 36 month lease, this means that you will have used $9,000 of this van; so your monthly payments will be based on $9,000 over 36 months. What is obvious here is that the higher the residual value, the better the monthly payments are going to be for you.

Often the money requirements at the start include the initial first month payment and the security deposit. It is optional of course for you to put more money down than recommended (cap cost reduction) which is similar to when purchasing, which will help to reduce monthly payments further.

For more information on leasing a van, including pick up truck leasing and vans of varying sizes, contact MWVC on 08450 500 800.

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How To Understand Van Leasing

Filed under: CNN Money — Tags: cheap van leasing, citroen van leasing, LDV van leasing, van leasing — nat @ 12:01 pm

When you have to replace a van, a good method to consider is a van leasing deal. It may appear to cost more in the short term, but it is a practical choice. The primary consideration when you buy or van leasing should not be money it should be the value that you derive. A new van from the factory should assure that all of the mechanical bits function correctly. There is also a warranty that supports the van for a number of years – hopefully covering the maintenance cost for the duration of the agreement.

A van contract hire deal does not require much financial expertise. However, knowledge enables you to negotiate for the best possible deal. The depreciation value is determined by the estimated residual value of the vehicle when the leasing agreement ends. The difference has to be paid by the lessee. Once the price is settled, documents are completed and sent for approval. The success of any deal will depend on your personal credit rating. Students and first-time lessees may find it difficult to get a lease deal, as there is no track record.

Monthly payments depend on a term called the money factor. It is a decimal number multiplied by 2400 to provide the monthly interest payments. The best scenario would be getting interest payments on a lease deal which match those of a personal loan.

It is important to remember that payments on a lease vehicle are likely to be higher per month than on a second-hand vehicle. In the first year depreciation of the van is high, but with each successive year, it halves.

The satisfaction of leasing a van is that you are driving a new vehicle with the latest technology. If you decide to sell the van or trade it in, it will have a higher resale value at the end of the lease agreement period. New vans are easier to look after and are equipped with more fuel-effecient technology.

Visit the website at Crusader vans to view all of the top brand deals including Mercedes van leasing or Volkswagen van leasing.

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May 2, 2010

Why Should I Lease A Van, Rather Than Take Out A Contract?

Filed under: Auto Dealerships — Tags: pick up truck leasing, van contract hire, van lease, van leasing — nat @ 2:00 pm

Van leasing, for some businesses, is a preferred method of deferring a van ownership over a long period of time. If you are choosing this option, it is important that a business has researched this option for the pluses and minuses of the deal in the long and short term, particularly where there is a doubt about the reliability of the lease company.

Deferring the buying of a van outright through cheap van leasing makes sense for a business if long-term ownership of the van is beneficial, and where short-term cash-flow is restricted. This type of van leasing is also known as lease purchase and appears as an asset on the balance sheet of a business. It could be possible for a business to offset tax and gain the benefits.

Be wary though of unscrupulous dealers who may try to lure you into a deal with promises of low monthly payments on van leasing without conveying the final ‘baloon’ payment due when the lease expires – the low monthly payment could spell a final cost which is painfully high. It is therefore not only a good idea to shop around and obtain the best quotes for a desired van, but to also ensure that the company you have chosen are reputable. What you should be seeking is a supplier who hides nothing in relation to the lease, and the impact that it will have on your business.

At MW Vehicle Contracts we subscribe to the British Vehicle Rental and Leasing Associations code of conduct on dealing honestly and professionally with customers, providing them with all the information needed for them to make the right decision on the acquisition of their new van.

For more details on lease deal currently available on vans, pick up truck leasing or small van leasing contact us and chat to any of our sales staff who will be happy to answer any queries on the deals that you can think of.

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April 29, 2010

Why Protecting Your New Van Is Vital For Your Business

Filed under: Credit Services, Mortgage Info, money — Tags: pickup truck leasing, small vans, van contract hire, van leasing — nat @ 10:25 pm

Vans are definitely one of the most versatile and practical modes of trasport available today. Mainly they are used for businesses and for commercial purposes, but more private individuals are showing a preference for a van over a car.

Attractive contract hire vans that make paying for your van cheaper than an equivalent saloon are one of the reasons for this increased popularity. One of the attributes of van are their flexiblity. If you are active and sporty, and need to carry a lot of equipment, a van is certainly a vehicle to have around.

But if you own a van, for work or pleasure, it is worth remembering that they can be a magnet for thieves. When your van is left unattended you have to take the most appropriate precautions. Ideally, never leave anything of value inside your van and always lock the doors.

Leaving valuable tools and equipment in a van is inviting trouble. It can certainly be inconvenient to remove your tools each day after work and have to load again at the start of a new day. If you do this, it will inevitably save some time and money in the long run. Putting a sticker in the window of your van telling people that ‘no tools are kept in this van’ is no deterrent these days. Criminals will break into your van anyway just to check if there is anything worth stealing and they will often just break a window.

Van finance alongside insurance which is essential. If you van is used largely for business or commercial reasons, you should invest in a suitable insurance policy. it pays to shop around, as there are plenty of good insurance deals available on the market. Insurance policies vary in value depending upon the type, for example pick up truck leasing or bigger vans

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April 25, 2010

Why Protecting Your New Van Is Vital For Your Business

Filed under: CNN Money — Tags: pickup truck leasing, van lease, van lease contract, van leasing — nat @ 12:57 am

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April 15, 2010

Why leasing may be better than buying for your business

Filed under: Credit Services, Mortgage Info, money — Tags: cheap van leasing, citroen van leasing, fiat van leasing, LDV van leasing, Mercedes van leasing, van contract hire, van lease, van leasing — nat @ 12:24 pm

If you own a business that requires delivering goods to your customers, when it comes to buying new delivery vans, you may have to reach deep into your pockets and hope you find enough. Especially during the current recession, it is becoming more and more difficult to keep your business afloat.

So there you are thinking, I need new delivery vans to keep my business going, but I don’t have enough money for the ones I want, there must be a way. Well, there is another way, a way for you to get brand new vans at a smaller price. Van leasing is a great way for you or your business to get the latest vehicles to deliver your goods all for a monthly fee.

All you have to do is sign a contract pay the monthly fees, and once your contract is over, if you renew it, you can get another brand new van. You can even get packages which cover the maintenance of the vans, giving you one less thing to worry about.

You may be wondering, what’s the catch? But there simply is not one. Van leasing is simply a great way to get the latest vehicles, at lower cost. Also, because they are the newest models, they won’t break down as much, giving you peace of mind that you have made the right choice. Aswell as that, when you buy a new car or van, they can quickly loose all their value, making you loose out when you have to sell them on, but with leasing, you have no problem with that because one your contract is over, you simply give the car back.

Overall, it has to be the best way to get brand new vans for your business, especially now that times are tight. So come on, there are some really good LDV van leasing and Citroen van leasing offers out there.

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