There is nothing quite like having the freedom to drive around the city or the countryside in your own van. Maybe the only thing bringing that exhilarating experience down is the thought of coming up with your monthly payments for the van. In a time when jobs are few and far between, with people keeping their expenses down, and everyone's trying to maximise investments to improve finances, a hefty monthly car payment can be a cause for concern. But you can't exactly do without your own vehicle. Instead of buying your own van, why not lease one?
Here are top five reasons to sign up for van leasing.
Your monthly payment for a leased van is 35 to 55 percent less than what you would normally pay for a financed van. This means you don't have to worry about making monthly payments because your budget has been cut down significantly due to an unexpected expense.
Whether it's a major home repair resulting from bad weather or a medical emergency, when you lease a van, you'll be free to allocate an amount no matter what happens.
You don't have to worry about the maintenance costs for your leased van. Contracts for leased vans will usually come with an option to include maintenance and servicing for repairs. Just make sure you lease a van that has been kept in good condition so that you don't end up with a vehicle that requires you to frequently call in your van specialist for repairs.
Your van contract hire-usually three to four years-gives you access to a fleet of luxury vehicles. This means you can drive the latest vans from Mercedes Benz or Land Rover without the steep cost. You can even change vans every three to four years. This is precisely why most businesses lease their official vans because it gives them flexibility and a wide array of choices when it comes to premier vehicles.
There is no need to deal with the depreciating value of a leased van. Buying a vehicle for most people isn't considered a good investment because vehicles don't appreciate in value like real estate. With a leased van, you don't have to take on a loss because you only need to return it once your contract is up in comparison to a financed vehicle that you sell off for a price much less than its original cost.
And finally, pickup truck leasing gives you the ultimate test drive. If you're seriously considering buying a pickup truck, then lease models that you might end up purchasing in the future. For instance, if you've been considering an Isuzu D-Max or a Ford Ranger, you can get a two-year "test drive" by leasing the same exact model.