It is quite surprising how many clients think that VanLease UK cannot offer a solution to their high mileage van leasing usage. In actual fact, many of the deals we do offer are for vans covering high mileage; in some cases our clients' vans are travelling between 25,000 and 45,000 per annum. The facts are that many vans are there to cover essential business miles, so it is crucial that you select the correct contract mileage.

How Do I Get the Best Advice for High Mileage Van Leasing?

Every business VanLease UK meet on a daily basis will be different; some users will be more than familiar with the technical and practical considerations of contract hire and leasing whereas for others, this will be brand new territory. No matter your situation, we can offer quality van leasing advice. We are well placed to guide you through all of the process and do consider that our consultative approach is ultimately beneficial to our clients.

However, in order for us to supply you with the right solution, you need to provide us with your exact requirements for your new commercial vehicle, including:

  • Contract Term – how long do you or your business require the van for? There is a minimum period of 2 years with all contracts and generally a maximum of 5 years. As this is a fixed contract, you must consider whether you, or your employee, should utilise the vehicle over a shorter or longer period of time;
  • Annual Mileage – how many miles will the vehicle cover per year? The price of a vehicle will depend on the annual mileage, as this is linked to the depreciation of the vehicle; the more miles covered each year, the higher the monthly cost will be;
  • Initial Rental – while all of VanLease UK’s offers do require some form of initial rental, we can advise on the most practical solution for you. In some cases, a customer will want to utilise our low initial rental options whereas others prefer a higher initial rental to reduce their monthly rentals accordingly;
  • Maintenance – While a maintenance option does add further cost to the deal, the servicing, maintenance and tyres options are incredibly comprehensive. Further, as your commercial vehicle has to be maintained anyway, some clients do prefer the certainty of cost which arises with this.

How Can A High Mileage Van Leasing Deal Benefit You?

  • Fixed contract period – we understand that some customers do not want a vehicle for more than 2 or 3 years if covering many miles;
  • Option to include a maintenance package to cover servicing, maintenance and tyres i.e. “fully-maintained” lease;
  • Flexible terms and mileage to suit your requirements;
  • If a VAT registered business, you can claim the VAT on the finance rentals and the maintenance rentals;
  • No depreciation or disposal concerns;

While leasing may not be suitable for every van user, as you will see above it can offer you or your organisation more tangible benefits than you may at first consider. In particular, the inclusion of a maintenance contract does allow you to fix nearly all of the costs associated with a vehicle, so you only need to budget for fuel and insurance. Above all, this can offer a business the opportunity to more accurately forward plan budgets, while safe in the knowledge that the vehicle is regularly serviced and maintained.

To Summarise:

  • Certainty of cost for the high mileage driver and/or business;
  • Risk reduction for the business and the driver; and
  • Tax efficient (please speak with your accountant)

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