Hi, I am looking for a small/medium van that can carry a minimum of 4 people (including the driver). What would you suggest? Also, I am unsure which payment option would be best. We are VAT registered. Thanks.
Our expert Gary answered...
Hi Paul, it's great to hear from you. When choosing a small crew van it will all depend on the amount of space you need in the load area. We could look at a Ford Connect Crew Cab or, if you need something bigger, it may be worth looking at the brand new Vauxhall Vivaro Double Cab.
When it comes to the different finance options, the best option will very much depend on your own circumstances - for instance, what condition you anticipate the van will be in at the end of the contract, and what options you would like to have when the contract finishes. As you are VAT registered you would be able to claim back up to 100% of the VAT on a Contract Hire or Finance Lease deal. The VAT would be paid monthly and you could then claim it back in your quarterly VAT return. If you opt for a Contract Purchase deal, you will need to pay all of the VAT up front but you can then claim it back in the first quarter.
You can read more about the advantages and disadvantages of the finance options here: www.vanarama.co.uk/finance-info/van-finance-options.html. We'd be happy to discuss your situation with you further and tailor a package to your requirements.
Kind regards, Richard Wells, Senior Account Manager