CAR AND VAN LEASING: THE RIGHT MODELS AT THE RIGHT PRICE

Not interested in financing? No worries, you have the option of an Outright Purchase for select vans.

Outright Purchase provides the simplest method to acquire your next van. You pay the full cash price, eliminating the need for additional interest payments. Keep in mind, from a taxation perspective, your ability to claim back is limited to write-down allowances.

Leasing vans through Contract Hire offers a straightforward and efficient financing solution. Tailored to meet your specific needs, contract durations span from 24 to 60 months.

Featuring minimal initial payments and fixed monthly expenses, Contract Hire simplifies budgeting. The advantage of returning the van at the end of the contract eliminates any concerns about residual values. Furthermore, you have the option to include maintenance and recovery services in your monthly rental, alleviating the majority of the stress and financial uncertainties associated with van ownership.

While Contract Hire may not be the ideal financing choice for everyone, additional details are accessible online. Our team is ready to assist; feel free to reach out to discuss your requirements and explore our van finance offers.

Opting for Finance Lease provides a flexible leasing solution without mileage restrictions or charges for damages. Ideal for registered companies seeking control over their vehicle administration, Finance Lease also offers the benefit of having the asset reflected on your company’s balance sheet.

Moreover, Finance Lease stands out as a VAT-advantageous choice. You can either spread the entire van cost, along with interest charges, across the agreed lease period or opt for lower monthly rentals with a final balloon payment at the end. This balloon payment is determined based on your projected resale value of the van.

While Finance Lease comes with various advantages, it’s essential to consider potential drawbacks. For more comprehensive information, you can refer to the link below. Our team is available to assist you, so feel free to reach out to discuss your specific requirements and explore our latest affordable van finance offerings.

Hire Purchase presents an excellent financing choice for both private individuals and businesses aiming for vehicle ownership. The process is straightforward, culminating in vehicle ownership once all payments have been fulfilled.

Typically, the entire vehicle cost is financed, although there’s an option for deferring part of the cost to a balloon payment. It’s important to note that this particular option is exclusively available to business users. By choosing this route, you can benefit from lower monthly payments, with a final balloon payment predetermined based on the anticipated resale value of the van.

Opting for Hire Purchase prevents your business capital from being tied up in a depreciating asset when acquiring a van. Additionally, with current finance rates at an all-time low, there are numerous affordable finance deals to explore. Feel free to reach out to our team to delve into the details of this financing option and capitalize on our cost-effective van finance offerings.

Revolutionising fleet management with unparalleled flexibility

Experience the ultimate flexibility in managing your fleet with our revolutionary flexible hire package. This innovative solution empowers you to enjoy the benefits of your vehicles while retaining the freedom to return them at your convenience. Embrace our flexible hire option, allowing you to rent for a duration of up to three years, with the added convenience of choosing from a variety of annual mileage options. When you’ve concluded your use of the vehicle, simply return it at any point, putting you in complete control of your fleet management.

Our comprehensive package ensures that your vehicles come fully equipped with service, maintenance, repair, replacement, recovery, road fund license, and tyre coverage. With this all-inclusive approach, you can rest easy knowing that all essential aspects of your fleet’s upkeep are seamlessly handled, allowing you to focus on your core business activities while enjoying the unparalleled flexibility our solution offers.

Unlock unmatched value with our extended-term car & van hire solution

Discover the epitome of cost-effective car & van hire tailored for extended usage. Our offering stands out as the most competitive solution when you’re sure about keeping the car or van for a prolonged period.

Enjoy the unparalleled advantages of our package, where vehicles come fully inclusive of service, maintenance, repair, replacement, recovery, road fund license, and tyres. This all-encompassing approach ensures that your focus remains solely on your operational requirements, leaving the intricacies of van maintenance in our capable hands.

But that’s not all – we empower you to personalize your vehicle, aligning it perfectly with your business needs. Whether it’s a distinctive livery or comprehensive customization, we can add features like ladder racking, tow bars, and beacons, or opt for a full utility specification. Your van becomes a bespoke extension of your business, combining functionality with a professional aesthetic. Embrace the most competitive and customizable extended-term van & car hire solution where your business needs take center stage.

Unlock capital and simplify fleet management with our SWITCH solution

If your business currently owns its fleet, you might be inadvertently tying up crucial capital that could be better utilized for expansion, growth, or meeting ongoing cash flow demands. Our innovative SWITCH product is designed to liberate your capital and streamline your fleet management with unparalleled ease.

The SWITCH solution is a game-changer, eliminating the complexities of transitioning from ownership to rental. On day one, we seamlessly acquire your fleet, assuming full responsibility for its ongoing costs and management. This strategic move injects much-needed cash into your business, offering a financial boost precisely when you need it.

By entrusting us with your fleet’s management and maintenance, you free yourself from the hassles of asset oversight. Our SWITCH solution paves a clear path to fleet replacement, ensuring your business operates with a modern and reliable vehicle lineup. Say goodbye to capital constraints and fleet management headaches – SWITCH to a future where your capital works for you, and your fleet operates seamlessly under our expert care.

Distinguishing between flexible vehicle hire and vehicle leasing is pivotal for businesses seeking the most suitable mobility solutions. Here’s a breakdown of the key disparities between the two:

Flexible Vehicle Hire:

Flexible vehicle hire provides businesses with the freedom to rent a van for a duration of up to three years, offering a variety of annual mileage options. This arrangement empowers you to return the vehicle at any point when it no longer serves your needs. The emphasis is on adaptability, allowing businesses to scale their vehicle usage according to evolving requirements.

Vehicle Leasing:

In contrast, vehicle leasing involves entering a fixed contract period during which you lease a van or car. At the culmination of this contract period, the leased vehicle is returned, initiating the option to begin the leasing process anew. Vehicle leasing is characterised by a structured, predetermined timeframe, providing a more traditional approach to acquiring and managing business vehicles.

In essence, the choice between flexible vehicle hire and vehicle leasing hinges on your business’s dynamic needs and preferences. While flexible vehicle hire offers adaptability and the ability to return the vehicle when needed, vehicle leasing provides a stable, long-term solution with regular renewal options. Assessing your business’s mobility requirements and preferences is key to making an informed decision between these two distinct approaches.

Whether your business requires a modest assortment or an extensive fleet of vans and cars, our dedicated team is equipped to accommodate your needs. We offer flexibility in providing the optimal number of vehicles, ensuring that your business has precisely what it needs, be it a small selection or a comprehensive fleet. Our commitment is to tailor our services to align seamlessly with the specific requirements of your business, providing a convenient and efficient solution for your fleet needs.

Choosing to hire a van or car comes with a range of advantages, including:

Flexibility: Whether you require a vehicle for a month or an extended period, renting provides freedom without the commitment of ownership. With no ongoing costs after the initial payment, adapting to changing business needs is seamless, allowing for easy transitions between vehicles or contract lengths.

Cost-Effectiveness: Hiring often proves more cost-effective than purchasing, considering expenses such as insurance, tax, and maintenance. Short-term contracts from one week to twelve months offer diverse options to align with your budget and specific business requirements.

Easy Management: Many companies offer flexible rental agreements that facilitate monthly instalments instead of a lump sum at the agreement’s outset. This allows for gradual payments, spreading the financial risk associated with renting instead of owning a vehicle.

Determining insurance responsibility for hired vehicles

When opting for our business-to-business rental solutions, customers are required to furnish their own fully comprehensive insurance cover, whether through a fleet or a specific vehicle policy. Alternatively, we offer the option of insurance coverage through our specialised partners.

For a registration-specific vehicle insurance policy, customers must specify the vehicle’s business use, provide an accurate estimate of annual mileage, and acknowledge that a leasing/rental company is the registered owner of the car or van.

Age Criteria for Vehicle Hire

Typically, the age prerequisites for hiring a vehicle fall within the range of 25 to 75 years, accompanied by a minimum of two years of holding a driving license and a cap of six penalty points within the preceding three years. However, it’s worth noting that car hire providers might impose an extra daily charge for drivers under 25, commonly referred to as a “Young Driver Fee.” Additionally, most suppliers mandate a minimum age of 30 for those seeking to hire a luxury vehicle.

Mileage considerations in flexible vehicle hire

The mileage allowances in flexible vehicle hire hinge on the duration of your rental arrangement. Typically, short-term business vehicle hires come without a specified mileage limit, although exceptions may apply based on factors such as vehicle type, location, and contract length. On the other hand, contract business car or van hire, commonly known as leasing, often incorporates mileage restrictions, as it directly impacts the vehicle’s residual value at the end of the lease term.

Our vehicles are priced and provided based on a mutually agreed annual mileage. In the event of an early vehicle return, the mileage is aggregated. This entails a yearly calculation, cross-referencing the covered distance with the agreed-upon annual mileage. If the mileage surpasses the predetermined limit, an additional charge per mile is levied for the excess.

Unlocking the advantages of leasing a van, car, or lorry

Opting to lease a vehicle presents customers with the gift of maintaining a consistently new, operationally efficient, and financially sound fleet. The absence of depreciation costs is a notable benefit, while including services such as maintenance, repair, replacement, road fund licence, and recovery streamlines the overall cost structure.

Moreover, leasing affords complete flexibility, allowing businesses to seamlessly add, reduce, adapt, and change their fleet composition. This flexibility is particularly pronounced in long-term, flexible hire arrangements, enabling companies to align their fleet with evolving operational requirements continually.

Process for a written-off hired/leased vehicle

Prompt communication is crucial in the unfortunate event of your hired or leased vehicle being involved in an accident and subsequently declared a ‘total loss’ or stolen. Kindly inform us at your earliest convenience. We request written confirmation from your insurance company regarding the vehicle’s total loss status before initiating the settlement process for the vehicle contract.

Throughout the settlement period, the vehicle will remain on hire, and its duration extends until the settlement amount is received from your insurance company. This settlement encompasses any applicable excess charges, which are the responsibility of the customer. It’s important to note that charges for any replacement vehicle provided will be applicable in all cases.

Credit assessment for business vehicle hire/lease

Certainly! As part of the business account application process, we request certain information to evaluate your eligibility and affordability for the required solutions. It’s important to note that our decision is not solely reliant on your credit score; we take a holistic approach.

We consider various factors, including your capacity to make timely payments, existing debts, and, for existing customers, your historical trading relationship with us. Our goal is to ensure a comprehensive and fair assessment that goes beyond a singular metric.

Wear and tear standards for leased vehicles

Certainly! Upon completion of your hire/lease term with us, a vehicle check-in will be conducted. You’ll have the opportunity to examine the vehicle and confirm its return condition, which will be electronically documented. Any additional damages not present when the car/van was initially supplied will be duly noted.

Our adherence to BVRLA fair wear and tear standards ensures that only necessary charges are applied. A service level agreement is provided in all instances, outlining our approach to additional charges and our procedures for in-life and end-of-life repairs. This ensures transparency and clarity throughout the process.