Purchasing vans for sale or finding a company that is offering to lease them to your business is a tough decision for many business owners. The bottom line normally comes down to which way can you save the most money right now to get you started. In other words, would it cost your business more money to lease your vans or to purchase them. If you are starting out your business small such as a small courier business and you are going to only need one to start, you will probably have less of a down payment to lease. That would depend upon the lease option that you and the lease company can work out. Click here to read more info about purchasing vans for sale.
When You Purchase
When you purchase a small van to get your business started, your credit could be a big factor in how much money that you have to put down as your down payment. Then depending upon how things are done in your state, you may have to pay the sales tax before you can get it licensed, and then there is the fees for the license themselves. On top of that there is the insurance fees that must be paid to your insurance company. When all of this is added together it sometimes makes it tough to come up with enough cash to purchase your first small van to get your business up and running. Without this inital vehicle to get you working, your business is not going to make you any money, let alone grow to where you want it to be. Read more http://vans.honestjohn.co.uk/van-news/comment/buy-hire-or-lease-a-new-van/
Less down payment
Normally your lease will include your license
The taxes are taken care of in your lease
If your vehicle retains its value your end purchase price could be less
If you lease more than one you could get discounts
You find your cargo van for sale, but the initial expense is just too much for your business to come up with. It is time to talk to a leasing company to see what they can do. Normally your lease amount will include the sales tax on the vehicle and the license plates. This can equal a fairly substantial amount depending upon the value of your small van. This amount alone can give you a reason to lease instead of purchase. But there are other reasons to consider a lease.
Your business suddenly grows and you need a bigger van, most lease companies will work with you and help you to upgrade to the size that you need. You will not have to worry about trying to sell your small van because you still owe too much to trade in. Suddenly you have the need to add another small van or two to help to keep up with the demand. Many companies will give you discounts for having multiple vehicles leased through them. Find a lease company that will work with you and you can save money on leasing versus purchasing even a small refrigerated van to meet your business needs.