April 27, 2017
As many of us know, choosing and buying a new van for your business can be exciting, confusing and on occasions stressful. When in reality, it should just be exciting.
Buying new assets for any business shows that you’re heading in the right direction, making money and growing your client base. However there are a lot of different finance options available and all of which can be very confusing. Don’t panic, here we explain one of the most popular finance choices when buying your new van.
Contract Hire is the most common form of vehicle leasing in today’s market place. It is similar to finance lease in that you can have the use of a van for a fixed monthly cost over an agreed period of time, ranging from 2 to 5 year terms. However the most common are 3 year agreements. However, unlike finance lease you don’t have the option to buy the vehicle at the end of the agreement.
Here are the advantages of a contract hire agreement. We have also looked at the areas which you need to keep an eye on – neglect one of these areas and it could be costly to your business.
Points to Consider:
At Vansdirect we have a dedicated team of specialists ready and waiting to help you find your perfect van and finance deal. Don’t delay, contact us and get a deal today.