new & s/hand van

[stevo]

Hi, Not sure if this post is in the right place ! Was wondering how you chaps bought your vans ? Do you buy out right, lease hire, lease purchase etc etc. if so where is a good place to start ?......thanks....:)

[clivet]

It depends on a lot of factors, for instance, how many miles are you doing, are you a limited company or partnership, and what is you tax position. We run a dozen vans of various sizes and specifications and assess each requiremnt before we lease or purchase. If you lease then you wont have any unforseen costs but you wont end up owning the asset. if you purchase then you will have an asset to sell or devalue (write off against your tax bill) but if the engine or gearbox fails then the cost will be yours to bear.

As a rule of thumb if we are dong a lot of motorway work we buy the vehicle, if we are doing a lot of stop start around town work then we lease it. Any of the main dealers will put together a lease plan for you.

Bye:cool: