Top Suggestions For Achieving The Best Van Leasing Deal
Below is a list of points to consider before entering into a van contract hire deal. It may also be beneficial to seek the advice of your accountant.
1. Check out the description of the van, are they one and the same?
A quick way is to make a comparison of the P11d price, set by the manufacturer for the purpose of company car tax or ‘benefit in kind’ tax reasons. The expression P11d comes from the form used by the tax man to record the vehicle details. If your quotation does not include the P11d price, then you should ask for this detail.
2. Check the payment profile, how much do you have to pay in advance and how many subsequent rentals?
Standard payment profiles are 3 rentals in advance followed by 23, 35 or 47 subsequent rentals for 2 3 and 4 year deals (subject to credit underwriting).
3. Make sure that you have road fund license included for the full term of the agreement?
Road fund license should be included for the full term of the argreement, irrespective of whether their is maintenance agreed or not.
4. Is there an extra charge coming for delivery or administration?
it would be best to have this understood before agreeing anything, as this could be hidden by the dealer. Make sure that this is written into the contract at the start, to minimize time and money wastage.
5. Which company is responsible for supplying the contract?
A trust-worthy broker would be happy to let you know where the quotation figures came from. They should also tell about the contact quality and the levels of service you can expect of the finance company. If the broker is unwilling to tell you, beware, as they may be trying to get your order then put it out to tender to improve their chances of getting a better commission. This could be more in the interest of the broker than for you.
At Crusader Vans, we offer competitive deals on all of the top brands including Renault van leasing or LDV van leasing.
