Benefits of leasing a van
Leasing a van comes with significant benefits.
- Reassurance: Leasing a new van brings with it the reassurance of working with a new vehicle that’s reliable and won't let you down
- No depreciating assets: Avoid the hassle of a depreciation vehicle. Lease for a set period e.g., 4 years, then hand back your vehicle and receive a brand new one
- Tax benefits: As a business, you get to reclaim up to 100% of the tax
- Affordable monthly payments: Stay on top of your overheads with fixed monthly costs
- Reduced costs: You won't need an MOT or road tax on a brand new van for the first 3 years
Who can lease a van?
Taking out a lease on a van is simple. To be eligible, the following typically qualify:
- A Limited Company, or Private Limited Company (PLC)
- A sole trader
- A partnership
- A limited liability partnership
- A VAT registered company
If you are eligible, the next steps will be to take your company details and proof through documentation. Once a credit check is completed, if you are successful you will then be taken through your leasing options by our leasing experts.
How much does it cost to lease a van?
The cost of a lease depends on the requirements of the contract. There are various elements that will determine the cost of your monthly payments:
- Initial rental: all our leasing contracts will require and initial payment. The amount depends on the contract
- The cost of the van: the make, model and spec of a van will have an effect on the cost
- Residual value: you will need to consider the depreciation cost, the mileage and car lease length as factors in the estimated worth of your van at the end of the contract
- Tax: it depends on your business set up on whether or not you can claim tax back on your vehicle.
What types of van can I lease?
At Planet Leasing we have hundreds of van leasing deals on offer. You can lease:
- Small vans
- Medium vans
- Large vans
- Pickups
- Tippers
- Lutons
- Refrigerated vans
- Crew vans and minibuses
If you are looking to lease a small van, then opt for manufacturers and models such as the FIAT DOBLO, VW Caddy, NISSAN NV250, VAUXHALL COMBO CARGO and RENAULT KANGOO.
If you require a bigger van, then the RENAULT TRAFIC, FORD TRANSIT, VW TRANSPORTER or VAUXHALL VIVARO would be a great choice.
At Planet Leasing we also provide leasing on pick ups such as the NISSAN NAVARA and ISUZU D-MAC.
Search for the right fit, within your budget. We offer excellent leasing deals on vans under £350 a month.
Search for your van leasing deal here.
Electric van leasing
Looking to invest in something a bit greener? More and more companies are now making the switch to electric. There’s never been a wider range of models to lease, from city-friendly super compact vans like the TOYOTA PROACE CITY and CITRON BERLINGO to full fledged work machines like the NISSAN e-NV200 and CITRON DISPTACH.
At Planet Leasing we specialise in EV leasing deals. Contact our experts today to find out more.
Is it better to buy or lease a van?
If you don’t have the cash to hand or prefer the security of a new vehicle every few years, then leasing is a great alternative to buying a van. When making the decision whether to lease or buy a van, its important to consider your own circumstances.
Leasing a van can come with some consideration:
- Ownership: With a van contract hire or leasing agreement, you will never own the vehicle as there is no option to buy it. It will therefore not count as a business asset
- Wear and tear: At the end of your lease, your van will be inspected for fair wear and tear. Any damage that falls outside the contract agreement will be subject to excess damage charges
- Mileage limitations: If you exceed the agreed annual mileage, you will be liable for excess mileage charges at the end of your contract which is charged at a pence per mile rate
When looking to lease any vehicle whether commercial or personal, it’s good to speak to the experts. Our team at Planet Leasing are happy to chat through the process and your options with no obligations.
Why choose Planet Leasing for van leasing
Whether it's a short-term or long-term business lease, we'll find the best van lease deals for you. With our extensive knowledge of contract hire services, including insurance, credit providers, VAT implications, and TAX benefit information, you can trust our impartial and direct advice.
PLUS enjoy Free UK delivery on all leases.
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The contents of this article are for the purpose of general awareness only. They do not purport to constitute legal or professional advice. The law may have changed since this article was published. Readers should not act on the basis of the information included and should take appropriate professional advice upon their own particular circumstances.
