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What is the length of a van lease contract?

Every business needs some vehicles, for commuting or business purposes. Every business has different kinds needs. Some feel the vehicles should match their branding needs, while some others feel that the vehicles with a higher resale value would be a better asset for the company. But all companies look at some similar aspects, like mileage and economy, lower emissions, reliability, and cargo carrying capacity. Buying a fleet of vehicles is a huge investment of money and should be taken very carefully. The most important factor in selecting a company van is how the vehicle matches your own corporate requirements.

One needs to be very practical while selecting a vehicle for business purposes and my father recommended this business van leasing. We realized that the decision of leasing vans would increase our efficiency. It will be the most appropriate decision for our business. The vehicles do not have to be the most stylish ones unless it the most important factor for branding and marketing. It is their utility value that is the most significant factor that we must think about. For some companies though huge stylish vehicles are a part of their brand marketing strategy and they do need such flashy vans. Similarly, some companies need to have cargo vans. For them, space is more important than a glitzy exterior. The vehicles should be more economical as assets of the company and should not become liabilities.

Business vehicle leasing helps as it reduces the amount of money being invested into buying vans. This releases the capital, that can be used more productively. This also helps to avoid getting stuck with old and obsolete vehicles after some time, which become liabilities instead of assets. Leasing also helps to use the tax advantages. The governments across the world are proposing tax benefits on environment friendly vehicles. So we can lease latest vans conforming to these criteria and save a lot of money.

Ultimately, a business has to decide the kind of vehicles that they want to buy or lease, as their need should be the only criterion. But one thing is for sure that leasing vehicles beats buying them outright any day, whether it is a small business or a multinational corporate…

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Vehicle Leasing For New Business

When you are starting a new business, and require a vehicle to carry out your commercial activities leasing a van to carry out the tasks is a simpler and convenient option rather than buying a convenient yet expensive model and increasing the start-up costs of your business.

Leasing a van is not as complex as many people make it to be. It is quite simple and probably the best road to take when you want to keep your costs tight and utilise them for other important things requiring your immediate attention.

Here are some important benefits that may accrue to you when you opt for lease with our company rather than buy a vehicle:

  • You can look for a brand- new van or the most convenient model van for your business and not worry about having to spend considerable money.
  • The van leasing terms and conditions that we give are easy and the overall price may work to your advantage considering the competition.
  • Leasing may in fact be tax deductible depending on the region and the commercial business laws applicable there.
  • You need not have any trading history to lease a vehicle for a new business.
  • If you choose our company, the monthly payments for the lease will usually turn to be lesser than what you might pay as EMI every month, when you buy the vehicle.
  • The approval for vehicle leasing is usually quicker than for a loan approval.
  • You stand to gain, because you can choose from a wide selection of vans or vehicles. When you consider buying, you may be restricted by the budget and the loan-approval terms and conditions.
  • When you lease a vehicle, you need not go through the hassles of vehicle registration and getting business permit for the van. It is usually taken care of by the leasing company.
  • When you go for a vehicle lease, you may actually save up on the initial running costs and be able to divert the funds for other areas in the business and may stand to gain more.
  • You can benefit from the new vehicle and not worry about the depreciation costs involved at the end of the leasing period as opposed to when you own a vehicle.

If you are looking at leasing a vehicle for your business, our suggestion is that probably it is one of the best options. Do have a close look at the terms and conditions for leasing and understand how you stand to gain.

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