Buying A Van? Check Out These Useful Tips First!
Whenever you go out and about, you are bound to spot at least one van on your travels. Vans are the most-practical way of transporting cargo from one location to another. Without these useful modes of transport, it would take too long to get anything done in life!
With so many growing businesses and self-employed people in the world, there is a strong case for getting at least one van. If you have never bought or leased a van before, you might be unsure what to do. The great news is that this handy blog post will walk you through the process.
Does size matter?
Of course! There are so many different van sizes available. You would be mad to choose any old van without thinking about your requirements first! If you are unsure what the different van sizes look like in real life, head over to the Vanwise Group website to check out some examples.
To give you a rough idea of what you might need, consider the following scenarios:
● I am a painter and decorator. A small van is all you will need as you won’t have much cargo to carry. And you could fit roof bars to transport your ladders with you;
● I collect and deliver parcels. A short or long wheelbase panel van will suit your needs, as you can drive them in even the narrowest of city streets;
● I run a removals firm. A large box van, sometimes known as a Luton van, offers the most space and height for most needs.
Which is better: new or used?
The thing about new and used vans is that each has their pros and cons.
New vans are great from a reliability and technology point of view. That is because you can drive the latest model from your chosen manufacturer. Used vans are much cheaper than new ones, and you avoid getting hit with the dreaded depreciation stick.
One of the main influencing factors behind getting a new or used van is cash. Or, more to the point, how much you can spend on your future van. That leads me to the next point…
Should I buy or lease a van?
Buying and leasing a van are two different ways of paying for the van you want – and need. Let me explain what the best scenarios are for each option.
You should only buy a van if it is secondhand. Because of the depreciation problem that I mentioned earlier, used vans are cheaper to get. If you buy a van that’s five to eight years old, buying it makes perfect sense.
But what if you want a shiny, brand new van? You wouldn’t want to buy it outright! First, it will cost you (or your business) a small fortune to pay for up front.
Second, its value will go down quick, especially in the first 12 months. Third, leasing is a better idea because you can hand the van back after three years and get another brand new one.
You won’t have to worry about reliability issues, annual vehicle checks or anything of that nature.
Feel free to print out this handy guide and refer to it when you need to go van shopping in the future. Good luck!