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Looking to expand your business? Van leasing is the ideal way to increase your fleet and grow your final profit. Find out why in this tell-all guide.
For many businesses, the solution to van transportation lies not in outright purchasing but in the flexibility of leasing. Van leasing can be a pivotal choice for the growth of your business with its considerable advantages including significant tax deductions to the reduced burden of monthly costs.
In this article, we delve into how van leasing can alleviate maintenance worries, and how it keeps you ahead of the curve by providing access to the latest technology. Read on to discover why van leasing might just be the growth catalyst your business needs.
Lower Initial Cost
If you’re expanding your fleet, you’ll most likely not have the option of part-exchanging an existing van, so you don’t have the same leverage to take a load off the initial fee as you normally would. With this in mind, leasing vans for business is a much more financially handleable option compared to the large lump sum of buying a van.
Popular vans like the Nissan Primastar can be obtained without creating a massive dent in the expenses thanks to leasing.
Browse our Nissan Primastar lease deals today
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Lower Monthly Cost
Financing a van is an option many take so they can own it by the end of the finance payments. However, this is not the most affordable option.
Compared to financing a van, a business van lease has a lower monthly cost. Since you are, in essence, loaning a van, you only pay for the value degradation over the lease duration, which means per month, you’ll be paying less than a finance option which equates to the full value of the car.
No Maintenance Concerns
With a van lease, you have the opportunity to drive a brand new during the prime years of its life (anywhere from six months to five years) and then return it before its autumn years. This means you won’t have to put up with the servicing and replacement costs associated with the autumn years of a vehicle, reducing downtime and expenses later down the road.
Van Leasing is Tax Deductible
Leasing vans for business is completely tax deductible, meaning you can claim back 100% of the tax expenses linked to the lease as long as you meet all of the criteria. Plus, you can even deduct the van’s annual value depreciation charge in most cases, making for another way to offset the cost of leasing a van.
Access to the Latest Van Technology
Business van leases provide access to new vehicles that you may not be able to afford consistently if you were to buy them outright. This means all of the up-to-date assistive features and safety features are within grasp, as well as the fun gadgets.
Additionally, electric van leases make it possible to step into the world of EV technology. Running a zero-emission operation is much more accessible with models like the Vauxhall e-Combo Cargo and Mercedes eSprinter.
On a deeper level, having a fresh-looking van does positively impact your image, and can influence customer’s impressions of your service compared to a chipped, damaged and outdated van. This goes especially with electric vans, as customers who see you’re environmentally conscious enough to use EV technology will reflect on your public perception.
Want to look at the many business van leases on offer but cannot find the time in your busy day to trawl through hundreds of lease sites? At cars2buy, our transparent service has done it all for you, compiling the very best regular and electric van leases in the UK, all from trusted leasing partners. Now, your journey towards a new van is cut in half, so you can search, sort, filter and compare our entire store to find the lease that fits your needs and budget. Browse our collection of business lease deals today and expand your business.
