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Lease or Buy?

We can sell or Lease most makes of new vans, however we need to be competitive for us to win your valued business.

Ford understandably don’t want independents to sell new vans, however, we can lease you a new Ford competitively and we typically know where stock is for a quick delivery.

A lease means you don’t own the vehicle, the finance company we introduce buy the van and they lease it to you, the advantage is the deposit can be lower because you only pay the VAT on each rental. However, at the end of the Lease you hand the vehicle back to the finance company, or sell it to a professional VAT registered company or Dealer after a minimum 12 month lease and typically keep 98% of the sales proceeds, its important to note you don’t own the vehicle.

Current tax legislation allows you to reclaim 100% of each rental repayment to offset against profit. We recommend consultation with your accountant to find out more.

Our new vans for sale offer great value, however specification may be limited and you will need to be quick, this is because we search out deals with additional manufactures support because they may have to reach a month end target or may have a large cancelled order, but that’s our advantage which we pass on to you!

Our new vans for sale offer great value, however specification may be limited and you will need to be quick, this is because we search out deals with additional manufactures support because they may have to reach a month end target or may have a large cancelled order, but that’s our advantage which we pass on to you!

A number of selected vans other than Ford, unless an import, can be paid for by bank transfer, alternatively you may consider Hire purchase should allow you to claim write-down allowance. Essentially the Government want you to invest in plant & machinery, this means subject to consultation with your accountant, you can claim all the VAT back and offset 100% of the vehicles value against any profit.

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