Car And Van Hire

Car and van leasing is the leasing of a car or van for a fixed period of time. It is an alternative to buying a vehicle and is very much favoured by businesses as a cost effective way of acquiring them without a huge cash outlay. The term of leasing can vary from two to four years depending on the leasing company involved. The main advantage to leasing for the buyer is that the payments will normally be lower than actually purchasing a vehicle, also credit history will be less of a problem. Many consumers prefer leasing because it enables them to return the vehicle once the lease time is up, giving them the opportunity to acquire a new vehicle without the problem of selling the old vehicle. Lease agreements normally stipulate an annual mileage limit, normally 10,000 miles but in some cases a higher mileage can be negotiated to perhaps 12,000 or 15,000 miles, anything above this allowance results in the consumer paying for the extra wear and tear to the vehicle. Sometimes a maintenance contract is available in the agreement which can include the running costs of the vehicle excluding fuel, tax and insurance.