Many business owners will, at some stage, want to change their company vehicles. This inevitably leads them to wonder what’s the best option for their business – leasing or buying? Traditionally, buying a vehicle was seen as a sounder business decision, since you own it outright and have no ongoing costs (other than your tax and insurance etc). However, with an influx of small to medium-sized business joining the commercial market, things are changing and opinion has swung into the opposite direction. For many, the idea of leasing their next commercial vehicle is now considered to be the smarter choice.
Leasing – you don’t own it, you rent it
What was once considered to be the biggest downsides to leasing, is now seen as a major benefit. Yes, you don’t own [...]
Totally Vans is a trading name of Hanborough Enterprises Ltd and is authorised and regulated by the Financial Conduct Authority for consumer credit activities. Our Firm Reference Number is 631448. You can check this on the FCA Register by visiting www.fca.org.uk or by contacting the FCA direct on 0300 500 8082. We are an independent vehicle finance broker and we operate with a panel of carefully selected funders. We may receive commission and/or other benefits from the finance provider if you enter in to an agreement with them. Hanborough Enterprises Ltd is a company registered in England no 07216831. Registered office Jamesons House, Compton Way, Witney OX29 6SW. Vat no 110 3005 02. Data Protection Licence Z264186X