Bad Credit Van Leasing

How does van leasing work?

What Are My Options When the Lease Ends?

When your van lease term draws to a close, you have several choices. Let’s explore them:

1. Hand Back the Vehicle:
   • If you’ve adhered to your contracted mileage and maintained the van within fair wear and tear standards, returning it is straightforward.
   • No further charges will apply.
2. Renew Your Lease:
   • It’s an opportunity to upgrade your model and continue enjoying the benefits of leasing.
3. Extend Your Lease Month by Month:
   • Need more time? Extend your lease on a flexible month-to-month basis.
   • Perfect for those who require a short-term solution.

Find out more about your end-of-lease options and make an informed decision that suits your needs and business. We’re here to assist you every step of the way!

Advantages of Van Leasing:

1. Economical Monthly Payments: Leasing typically involves lower monthly payments compared to buying. It allows you to manage fixed costs efficiently.
2. Regular Updates: Leasing ensures that you’re driving a relatively new van. As the automotive industry evolves, you can easily switch to a more advanced model at the end of your lease term.
3. Absence of Resale Hassles: Unlike owning a van, you won’t have to worry about selling it or dealing with depreciation. Simply return the leased van and choose a new one.
4. Cost Predictability: Fixed monthly payments make budgeting easier, as you know exactly what you’ll pay throughout the lease period.
5. Tax Implications: Leasing may offer tax advantages for businesses, as lease payments are often tax-deductible.