The most frequent question that I and my colleagues are asked year in and year out is how to make the choice between renting and leasing a van. What are the major benefits to taking out a lease, as opposed to a standard rental agreement?
The answer is quite simple. When you lease a van you get to choose which van you have, from the extensive range of familiar makes and models. You can choose what colour it will be, what options you want and what size and specification you require. As a customer you are spreading your monthly payments over a set term and as a result your monthly payments will be cheaper than renting. This is because the finance company knows how much money they will be earning from customers because of the commitment the customer has made.

Because of the unique relationship that is built up over time with our suppliers such as Ford, Citroen and Vauxhall, we are able to get excellent prices and pass these directly on to the customer. This results in lower start up costs, which help improve the customer’s cash flow. A customer also has the option to own or sell the vehicle at the end of the van leasing agreement period. This allows them to keep some equity in their van. Typically, leasing agreements last from 2 years minimum up to 5 years, with deposits in the region of 3 months payments upfront. This amount is flexible, and can be negotiated further to the benefit of the customer.
There is the added bonus of being able to sign write your vehicle with your own company logo and add other extras such as roof racks and interior racking.
Alternatively, with rental you can pay your rental charge each month and have nothing to show for it at the end of the period. This route is generally adopted by those customers who are interested purely in a rental agreement over a shorter period of time.
