Posts Tagged vans

UK Guide To Car And Van Leasing

Like most other places in the world car leasing UK give you an easy way to get more from the vehicle you want. One of the main contributing factors is that there is no deposit to be paid as there would be if you were to purchase a vehicle.

The monthly payments are all that you need to cover and in some cases being able to avoid a large deposit can be a huge bonus. There is no difference in this respect between car and van leasing UK but you will find that those who lease vans can benefit even more.

With van leasing you will find that you receive insurance contained within the deal above and beyond what you may have expected. This is especially good for tradesmen who will be able to have all their tools protected under certain leasing contracts.

There are however some UK specific changes that are set to be put in place and will have an effect on the cost of car leasing. You will find a VAT rise in place from 17.5% to 20% from the 4th of January 2011 in the UK. Car fuel and company car tax also are notable changes along with a change in capital allowance that will affect those leasing in the UK.

50% of VAT associated with the finance of a leased vehicle along with 100% of VAT for maintenance can be reclaimed. In the case of purchasing a vehicle you will not be able to reclaim VAT for a business if there is any personal use of the vehicle. This is part of the reason why many businesses choose to lease rather than purchase their vehicles.

With respect to capital allowance there has been a decrease for vehicle that fall within acceptable levels of CO2 emissions. Further changes are due to be scheduled to reward those who lease ‘green cars’ with additional savings. For some this will mean going for a more conservative car choice rather that a BMW 6 series.

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What You Need To Know About Leasing A Van

It can be tricky deciding whether or not to buy or lease a van. In most situations it is the budget that will determine the choice of van, as these are practical and not aesthetic purchases. So what this really means is that you will want to base you decision on the cost to van lease hire or buy it outright.

One thing that stands in the way of many individuals leasing a van is that they do not fully understand the process. So many people buy cars and vans either new or used that it is likely that you are already familiar with the process. However when it comes to leasing there are different types of agreements in place that you may not be familiar with.

Most of the time you will want to go for an open-ended contract, which is most suited to the individual consumer. The eventual market value of the van will be predicted in advance, which means you will know exactly how much you are required to pay of the course of the lease agreement. The only issue here is that there will be a yearly mileage quota that if you go over will cost you for each additional mile.

On most cases the mileage allowance of a lease deal works out to be in the region of 10 to 15 thousand miles.
Most of the already mentioned benefits in this article apply to leasing cars as well as vans but there are some additional benefits of leasing a van. Something that is enjoyed by most van owners is the fact that vans hold their value for longer and experience a lower rate of depreciation when compared to cars. Additionally you will be able to purchase the van when the lease comes to an end if you so wish, an option that is not available with all car leasing deals. You will also find that many van leasing deals will be able to offer you coverage for any ongoing maintenance that the van may require.

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Best Advice For Renting Cars And Vans

You will want to consider some of the following points when it comes to renting a vehicle. There is not much difference between renting cars or vans. You will want to plan what your trip will involve in order to save more money. No one want’s to lose out before they have even got going.

Knowing where you are going and the number of miles you plan to travel will help when it comes to cutting costs. Extra mileage that you travel could potentially cost you quite a bit more than you had originally planned for.
Taxes are another important factor to consider depending on where you plan to drive and pick up your rental car or van from. Watch out for any hidden charges like taxes for certain states or a sales tax. Also additional taxes may be charged for certain high traffic locations such as airports. Take note of additional taxes because they could be quite an expensive additional cost.

Be aware of the type of car or van you plan to get as you may not need to spend so much if there are cheaper options avaialble. For example do you just need something simple like a hatchback or could you benefit from a larger SUV or Van. You may be able to get a better deal by going to a rental company that specialises in the kind of vehicle that you require.

Some companies have a policy of keeping more hatchbacks for example. While some luxury rental companies will have cars more like the BMW X6 and Mazda MX-5. It is best to book the exact that you want in advance. Sometimes the rental company may not have the specific vehicle you want to use in stock on the particular day that you turn up. By booking in advance you will get a free upgrade without having to pay any additional charges.

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