Copyright © 2011 vanfinancecompany.com All rights reserved.

 

LOWEST DEPOSIT VAN FINANCE IN THE UK!
 
             
  FREE 6 MONTHS TAX               FREE 6 MONTHS WARRANTY              FREE DELIVERY
  VAN LEASING From The Van Finance Company APPLY TODAY
            

________________________________________________________________________________________________________________________________________________________
Low Deposit Van Finance
Guaranteed Van Finance
OVER 300 USED VANS IN STOCK
Van Finance - Good Credit From 4% Flat
Low Rate Van Finance

 

 

Van Leasing - What is Leasing for New and Used Vans?

Used van leasing is a simple finance purchase package designed to be of benefit to the business user. In the eyes of the Revenue it is a hire agreement but these days the terms of the lease and the guarantee to return the customer either 100% or 95% of the vehicle's value following its sale make it an ownership plan in all but name.

Given that there are advantageous tax rules relating to leasing and that the customer has the control and benefit of the vehicle's value at the end of the lease it is not surprising that commercial vehicle dealers find it the most popular form of business finance. For further information please call Stuart Weston on 01202 485647.

What are the benefits?

There are a number of real benefits to leasing. Firstly, for all customers, whether or not they are VAT registered, there is a substantial cash flow advantage straight away. When paying cash, or on Hire Purchase, the Vat on the vehicle is due immediately. Obviously, the more expensive the van the bigger the burden - £1750 on a £10,000 van.

When a van is leased the VAT is due only on the deposit. Since the deposit can be as little as 10% of the vehicle value this initial VAT burden on a £10,000 van can be as low as just £175 - a cash flow advantage of £1575. Of course, VAT still has to be paid and is then levied on the monthly payments, spreading the burden over the length of the agreement. Also, should you subsequently register for VAT then this is fully reclaimable in the normal manner.

 

For the customer who is VAT registered this cash flow advantage lasts as long as it takes to complete the next VAT return, i.e., up to a maximum of 4 months.

Secondly, normal lease payments are tax deductible in full in the tax year in which they are made. This means a 40% tax paying sole-trader will be able to claim 40% of this payment back against his tax bill. For this reason many accountants will advise their clients to lease wherever possible.

Call Stuart on 01202 485647 to find out more about our range of flexible finance options

Lease or HP?

At The van finance company we are Licensed Credit Brokers for all forms of finance. If you have had Hire Purchase before and wish to do so again we will be pleased to work out some proposals for you - we are known to offer the best purchase package in the Country whatever the form of funding.

Can I upgrade or finish early?

Yes - all of the finance plans we offer can be settled early or upgraded with a new or newer van.  Arranging this is as simple as telephoning us with an outline of your requirements and we will be able to advise you within 2 minutes.

How Do I take Delivery?

New Vehicles:

When your new vehicle is ready, we will arrange for it to be delivered to you at a convenient time and location. We can deliver to your home or work anywhere in the UK. When your vehicle arrives, please take time to thoroughly check the vehicle and ensure everything is as it should be.

What happens after I take delivery?

All of our new vehicles come with a manufacturers warranty and your local franchised dealer will be happy to help you should you have any problems.

Used Vehicles:

Used vehicles purchased from us are all covered with an Auto Protect 12 Month warranty which can be used at any VAT registered garage in the UK.

Before taking delivery of your vehicle you will need to supply us with the following:-

A signed vehicle order form

Your insurance cover note

Your outstanding payment

(This can be made by credit card, debit card, bankers draft, telegraphic transfer or cheque)

By using our website you agree to our cookie and policy statement Privacy Policy

 

What happens after I take delivery?
All of our new vehicles come with a manufacturers warranty and your local franchised dealer will be happy to help you should you have any problems. They will also service your vehicle in line with manufacturers recommendations.

Used Vehicles:
Used vehicles purchased from us are all covered with an Auto Protect 12 Month warranty which can be used at any VAT registered garage in the UK.

Before taking delivery of your vehicle you will need to supply us with the following:-

A signed vehicle order form

(once you have placed your order over the telephone this will be posted to you)  

Your outstanding payment
(This can be made by credit card, debit card, bankers draft, telegraphic transfer or cheque)