Contract fridge van hire: If you are a VAT registered company, you might want to opt for our popular contract fridge van hire service that allows minimum outlay and maximum control of costs, more so when the maintenance and relief vehicle options are included. This package involves payment of one regular rental that covers all risks such as depreciation costs and disposal for an agreed period of time and mileage. It also includes road fund licence, however, maintenance and relief vehicle are extras that can be charged to the rental payments.
Finance fridge van lease: This option is again ideal for VAT registered companies which want greater control over the administration of their vehicles and want to show it on their balance sheet. You as the hirer can choose to pay the entire cost over the mutually agreed lease period, in addition to an interest charge. They can also pay lower monthly rentals with a final payment based on the anticipated resale value of the fridge van.
Contract purchase: This is a suitable option for those who already have a fleet of vans and wish to purchase another one without bearing the depreciation risks. In this situation, you acquire the vehicle by paying fixed monthly instalments and showing the asset on your balance sheet. At the end of the contract, you can either retain the ownership or hand it back. Contract purchase includes road fund licence and full breakdown cover, relief vehicle and maintenance are available as optional extras.
Lease purchase: This option is for companies not registered for VAT but want to eventually own a fridge van. This financial agreement involves the company acquiring the ownership after making all the payments. Part of the capital cost of the vehicle payment may be deferred into a balloon payment at the end of the agreement, which equates to the anticipated value of the vehicle at the end of the leasing period.
For cost-effective fridge van hire and fridge van lease options, call London Van Sales, based in Waltham Abbey on:
A lot of things need to be considered before you invest in a refrigerated van. First you need to choose a suitable van model and then work out the best deals to suit your budget and requirements. Whether you need to invest in one van or expand your existing fleet, London Van Sales, with its sound background in finance can help you expand your business.