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The Ford Transit Custom is one of the most sought-after vans. As the leader of the medium-size van pack, the Transit Custom is a popular choice – in fact, it’s the best-selling van in the UK. The Ford Transit Custom ticks all of the boxes when it comes to power, capacity and comfort; with the practicality of short and long wheelbases and the performance of a 2.2-litre TDCi diesel engine, you can’t go wrong with a Ford Transit Custom – or even more specifically, a Ford Transit Custom Limited.
If you’re on the market for a new Ford Transit Custom Limited, you may be wondering what your options are. Whether you’re looking for a new van for your small business or you’d like to add a Custom Limited to your fleet of vehicles, sometimes buying outright isn’t always the best option for your business. As we all know, a vehicle starts to depreciate the second it leaves the showroom – and buying a brand new van isn’t always cheap.
Here are two other options to consider for your business: contract hire and finance lease.
Ford Transit Custom Contract Hire
Contract hire is a common and great option for those looking to drive a Ford Transit Custom Limited. Contract hire essentially means that you pay a set monthly fee for the van, which in most cases includes the use of the van up to an agreed mileage, tax, maintenance and breakdown cover. It’s a fixed monthly contract hire rental. At the end of the contract, the vehicle is returned to the leasing company and reviewed for condition and mileage driven.
Ford Transit Customs on contract hire offer a huge number of benefits for businesses and companies, including off-balance sheet funding and fixed motoring costs for the contract period. Contract hire makes business budgeting more straightforward and doesn’t drain cash flow, which can be invested in other parts of the business.
Ford Transit Custom Finance Lease
Another option to consider is finance lease. As part of a finance lease agreement, you can choose to pay the entire cost of the vehicle over an agreed period or you can pay lower monthly rentals with a final payment (this payment, otherwise known as the ‘balloon payment’, is based on the anticipated resale value of the vehicle).
Finance lease is another great way for businesses to use a Ford Transit Custom Limited without facing the high upfront costs of buying a new vehicle. If you have a VAT registered company, you can reclaim between 50% and 100% of the VAT payments depending on whether you’re renting a car or commercial vehicle. With low upfront costs, less initial cash investment required, tax benefits and a fast turnaround time, it’s not difficult to understand why many businesses use finance lease to get their Ford Transit Custom Limited.
At Van Sales UK, we offer all types of van finance and have the very best van leasing deals. We have hire purchase, finance lease and contract hire options available. For the best Ford Transit Custom deals and Transit Custom Limited Leasing, you needn’t look further than us. Visit our website to learn more.
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