What Do You Mean By Van Leasing?

You’ll need a van or fleet for long-term assistance if your company moves equipment and materials, needs frequent deliveries and pickups, or both.

Van leasing is a cost-effective choice for businesses of all sizes. It enables you to drive the newest cars for a reasonable monthly fee for a certain length of time. Whether your company need one van or a whole fleet, you may “rent” it for the duration of your contract and then return the vehicle(s).

Five Ways Your Business Can Benefit From Commercial Van Leasing:

Leasing a vehicle has a lot of advantages. They consist of:

Fresh van:

One of the most significant benefits of leasing your office van is obtaining a brand-new vehicle that will be functional for all your needs. You may choose from well-known manufacturers like Ford or Mercedes-Benz and drive around in a brand-new van in no time.

Customers will have a better picture of your business as a result, and you’ll also save money on maintenance and other problems that older vehicles could have.

Disperse the Expense:

If your firm is quite tiny, you may be unable to afford to buy a new vehicle or even a van. If you lease a van, you may stretch out the expense and pay for the vehicle’s rent in smaller monthly sums. As a result, you can plan your expenditures and prevent going further into debt while establishing your new company.

There Is No Need For You To Worry About Depreciation:

The typical new vehicle loses value when you leave the showroom forecourt. Around 40% of the initial value should have depreciated during the first year, and another 20% should happen over the next two years. You won’t need to worry about this anymore since, while leasing, you don’t truly own the car.

Low Maintenance Cost

Additionally, some lenders can provide packages that include the cost of breakdown insurance and maintenance expenses in their monthly rates. This implies that you won’t incur any further costs if you have mechanical problems. But keep in mind that you’ll still have to pay for comprehensive insurance during the duration of the agreement.

Tax Benefits:

Are you tired of overpaying taxes for your small business? You may deduct up to 100% of the VAT from the monthly payments when you lease a commercial vehicle. The vehicle must only be used for business, and your company must be registered for VAT. The cost of the lease rents may also be written off as expenditure on your tax return.

Conclusion:

It’s not as costly as you may think to lease a corporate van, and it has several advantages. Consider all the many tax advantages that are leasing a van will allow you to enjoy since they might result in significant financial savings for you. Leasing a van is also beneficial for your business’s image since your customers will be more impressed by it than the one currently in disrepair. For leasing a van in the UK, contact Advanced Vehicle Leasing right now!