Online Calculator | Van Leasing: Top 5 Tips For Getting The Best Deals

Van Leasing: Top 5 Tips For Getting The Best Deals

Below is a list of points to consider before entering into a van leasing deal. It would also be prudent to talk to your financial advisor.

1. Check the vehicle description – are they the same van?

A quick way is to make a comparison of the P11d price, set by the manufacturer for the purpose of company car tax or ‘benefit in kind’ tax reasons. P11d is an expression that is derived from the paper work used by the taxman to record the vehicle information. 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?

Standard payment profiles are 3 rentals in advance followed by 23, 35 or 47 subsequent rentals for 2 3 and 4 year deals (subject to credit underwriting).

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

All of the deal whether with or without maintenance should have full-term road fund license included.

4. Is there an administration charge or an extra delivery charge?

it would be best to have this understood before agreeing anything, as this could be hidden by the dealer. Get it written into the contract at the start to avoid wasting precious time and money.

5. Which company is responsible for supplying the contract?

A reputable broker will tell you the source of the figures obtained that are being used as a quotation. They will also tell you about the quality of the contract supplied by the finance company and the levels of service you can expect to receive. If the broker is unwilling to tell you, beware, as they may be trying to get your order then put it out to tender to improve their chances of getting a better commission. This could work out better for the broker than for you.

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

 

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