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Monday 31 August 2015

Guidelines to Strike the Best Contract Hire Deal

You will get several reasons to consider Van Leasing rather than buying a van. One of the main reason is the cost factor, as most of the businesses are in their growing mode, therefore needs some cash in hand. It will be highly beneficial for the businesses to save some amount, which can be later utilised in some growth related activities. If you are thinking of purchasing a van, then you will require huge financial resources, whereas in contract hire or leasing, you need to pay a fixed monthly instalment.

For leasing, you need to find some reputable contract hire company on which you can wholly rely. Here are some guidelines which can help you in this process:

1. Compare and contrast - While looking for reliable contract hire companies, you will see there is high level of competition in this field. Thorough comparison is needed to strike the best deal. Find out leasing companies which charges the lowest for an efficient van and the companies which requires lower amount of deposits. With the help of internet and telephone directory, you will get plenty of options and then choose the best offer.

2. Wide array of options - Always keep in mind, what are the configurations you need in your van and what models do you prefer. Various refined models like Peugeot Boxer, Ford Transit, Mercedes Vito and VW Transporter T6 Contract Hire vans are offered by the leasing companies at affordable rates. Before choosing your model, make sure, you really need the van, otherwise there is no point to spend so much.

3. Flexible terms of lease - You also need to know what type of lease term you prefer. There are mainly two types of lease terms, long term and short term. The short term leases are highly preferred because it offers you greater flexibility. After completing the contract period, you can get an option to choose a new van model and renew your terms of contract. If you need to change your van at regular intervals, you should consider short term lease.

4. Mileage cap - Sometimes you may find the mileage caps in your leasing deals; make sure you know what type of cap it is and the amount of extra cost involved with it. It is very important to have a clear idea about all the terms and contracts in your contract.

5. No delivery charges - You should always choose that leasing company which does not charge you anything either for delivery or collection of the van.

6. The additional costs - Another important thing that should be taken in to account is the standard features which come with the van models. Take a note of other additional costs which will be added to the lease contract.

Always try to know the complexities of Van Leasing market, what type of deals the companies offer, whether they offer discounts on servicing, is recovery allowance included in your contract and lot more. And if you follow these guidelines properly, you will find no problem to strike the best deal in town. 

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