After quite a few years it is now a great time to buy a car or a van in the UK. Car and van sales throughout the UK have picked up and 2013 saw the best in new vehicle registrations since 2009. Compared to 2012 car sales figures in 2013 went up by more than 10% and van sales figures went up by more than 13% in the same period. And as more new cars and vans were sold figures of car leasing UK and van leasing UK also went up in 2013.
Car leasing UK and van leasing UK are options that are preferred both by individuals and businesses. For an individual leasing a car instead of buying it means a lot of benefits. For example, if someone wants to buy a latest model of Porsche but doesn’t have the money to buy a new car they can easily opt for a lease agreement. For a business leasing a car means better cash and credit flow.
How does this arrangement works. The arrangement is same as obtaining a vehicle loan. The only difference here is that one doesn’t need to pay as much as they would need to when they buy a new car. The down payment for a new Porsche or Ford Transit would be much more than what someone would need to pay for a lease on either of these vehicles. The monthly payments for leases are also lower than standard vehicle loan payments.
But that’s not all because there are many other benefits thrown in with car leasing UK and van leasing UK. When someone buys a new car or a van they need to make payments for insurance and also pay for road tax. However, when someone leases a car or a van the lease deal usually covers these expenses. Most of the lease deals also cover the maintenance costs. From the monetary point of view leasing a car or a van is beneficial through and through.
Car leasing UK and van leasing UK deals are beneficial for businesses from the tax perspective too. For cars less than 130 g/km one can write off the entire lease payment against the tax payable on the profit.
And when someone knows that they need to spend nothing on their leased car or van and still get all the benefits why wouldn’t they go for a lease deal? Imagine driving some of the costliest cars and vans in the UK by paying less. Who wouldn’t want to go for such a deal? And the best part is that one can renew their lease after two or three years (depending on the duration of the lease) or simply opt for a new car or van.
There are some excellent car leasing UK and van leasing UK deals available for individuals and businesses. Most of the dealers have their online presence and you can find out all the details on their websites. You can compare and get the best deals.