Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: StockClean on December 21, 2011, 09:42:40 pm

Title: Best way to finance a new van
Post by: StockClean on December 21, 2011, 09:42:40 pm
Im in the market for a new van, i think im going down the lease route. Can i lease a van and fit equipment in it?

or is that down to the leaser?
Title: Re: Best way to finance a new van
Post by: H S and Son on December 21, 2011, 09:47:58 pm
Why d'you want to lease?
Title: Re: Best way to finance a new van
Post by: CraigBlues on December 21, 2011, 10:57:35 pm
You don't need an all singing and dancing van! Get a decent 2nd hand one.
Title: Re: Best way to finance a new van
Post by: Gav Camm lammy 283 on December 22, 2011, 01:32:34 am
google gt leasing spk to gary
say gav told u
no he's not got my van lol
but a gud m8 youl need to pay the van
lets say vans 10k youl need 2k ;)
Title: Re: Best way to finance a new van
Post by: Ian101 on December 22, 2011, 07:44:59 am
Im in the market for a new van, i think im going down the lease route. Can i lease a van and fit equipment in it?

or is that down to the leaser?


best way is different for everyone ... ask accountant ... but also depends if u want to own it eventually or not.

yup u can modify it but they will expect it to be back to standard at end of lease if u give keys back ... if u sell to a 3rd party lease company wont ever know its been modified but if u give it back and theres holes in floor where tank frame used to be then they will bill you
Title: Re: Best way to finance a new van
Post by: dazmond on December 22, 2011, 07:50:00 am
save up and buy a second hand one!!it was not long ago when you were saying how high your prices are so it shouldnt take you too long to get a few grand together.


regards


dazmond
Title: Re: Best way to finance a new van
Post by: Dave Willis on December 22, 2011, 07:58:40 am
Lease a brand new Concept20, borrow thirty five grand and earn mega bucks. (you'll have to 'cos you'll be skint)  ;D
Title: Re: Best way to finance a new van
Post by: deeege on December 22, 2011, 04:15:34 pm
save up and buy a second hand one!!it was not long ago when you were saying how high your prices are so it shouldnt take you too long to get a few grand together.


regards


dazmond

^^ this
Title: Re: Best way to finance a new van
Post by: john k on December 22, 2011, 04:55:28 pm
Pay for it outright to keep outgoings to a minimum  ;)
Title: Re: Best way to finance a new van
Post by: dd on December 22, 2011, 05:09:07 pm
Save a deposit and do the rest on a bank loan. That way you will own the van when loan paid off, you can do what you like fitting your system, you will have a min 3 year warranty on new vehicle and interest you pay can be set against your tax bill.

You then have the choice of claiming 45p/mile or set it against your tax bill as a capital expense along with all running costs.
Title: Re: Best way to finance a new van
Post by: C.C.S. on December 22, 2011, 05:11:06 pm
i leased mine ,but it's second hand .the cost of the van was £4800 and i paid £1500 deposit (that's what i got for my previous van) and pay £700 extra over two years in interest
Title: Re: Best way to finance a new van
Post by: AS Window Cleaning on December 22, 2011, 09:56:14 pm
Im in the market for a new van, i think im going down the lease route. Can i lease a van and fit equipment in it?

or is that down to the leaser?


best way is different for everyone ... ask accountant ... but also depends if u want to own it eventually or not.

yup u can modify it but they will expect it to be back to standard at end of lease if u give keys back ... if u sell to a 3rd party lease company wont ever know its been modified but if u give it back and theres holes in floor where tank frame used to be then they will bill you

I was wondering the same thing, and agree with above.  Accountant will say whats best for business, whens best to sell yours (depreciation on tax records).  I wondered about going down leasing route, but not so good if you do alot of miles (i do 20k a year). 

I personally will prob look at decent business loan and try to save up a nice deposit and buy a low mileage 3 year old van next.  Fancy me a 4 motion :)  But that depends on accountant.  I have a 2005 VW caddy with 62k on it, this will do me for at least another couple of years i imagine.
Title: Re: Best way to finance a new van
Post by: Carl@Cwc on December 22, 2011, 10:05:56 pm
loan yourself the money = no interest , interest rates are crap at minute on savings.
pay back monthly .
Title: Re: Best way to finance a new van
Post by: Richard iSparkle on December 22, 2011, 10:09:24 pm
Im in the market for a new van, i think im going down the lease route. Can i lease a van and fit equipment in it?

or is that down to the leaser?


i have a leased van and had equipment fitted.  so long as you can remove the equipment at the end of the lease, there shouldnt be a problem.
Title: Re: Best way to finance a new van
Post by: StockClean on December 23, 2011, 10:20:08 pm
save up and buy a second hand one!!it was not long ago when you were saying how high your prices are so it shouldnt take you too long to get a few grand together.


regards


dazmond

This isnt helpfull. From now on im not even going to bother anymore on these forums. Its full of idiots like you who add no value at all.

Title: Re: Best way to finance a new van
Post by: StockClean on December 23, 2011, 10:22:49 pm
Im in the market for a new van, i think im going down the lease route. Can i lease a van and fit equipment in it?

or is that down to the leaser?


best way is different for everyone ... ask accountant ... but also depends if u want to own it eventually or not.

yup u can modify it but they will expect it to be back to standard at end of lease if u give keys back ... if u sell to a 3rd party lease company wont ever know its been modified but if u give it back and theres holes in floor where tank frame used to be then they will bill you

Not botherd about owning it. Leasing for tax reasons.

Title: Re: Best way to finance a new van
Post by: StockClean on December 23, 2011, 10:24:05 pm
google gt leasing spk to gary
say gav told u
no he's not got my van lol
but a gud m8 youl need to pay the van
lets say vans 10k youl need 2k ;)

thanks gav will do .
Title: Re: Best way to finance a new van
Post by: deeege on December 23, 2011, 10:35:46 pm
save up and buy a second hand one!!it was not long ago when you were saying how high your prices are so it shouldnt take you too long to get a few grand together.


regards

dazmond

Sorry stock, but I'm with daz on this one. You spam the forums with £420 per van/day crap and your crappy poems about enlightenment, and tell daz he adds no value?  Get a grip.

This isnt helpfull. From now on im not even going to bother anymore on these forums. Its full of idiots like you who add no value at all.


Title: Re: Best way to finance a new van
Post by: rosskesava on December 23, 2011, 10:41:32 pm

This isnt helpfull. From now on im not even going to bother anymore on these forums. Its full of idiots like you who add no value at all.


Yup. There are a lot of dorks and idots on this forum but there are also a lot of decent w/c's who post interesting and helpfull stuff.

It's quiet involved as to the best way to lease or finance a new van and there's 3 main methods. It's best to go to a main dealer and ask so as you can understand which is which and which is best for you, and then hunt around for the best deal.

Usually, you can get the van paneled out and dry lined, added to the cost of course, but it increases the resale value.

The other thing about leasing is they will allow a set amount of miles - 12 000, 20 000, etc. The more annual milage, the more you pay. If you go over the annual milage it's about 90p a mile extra.

It's all quite involved and not as straight forwards as it may appear which is why it's best to take some time and go and ask.

Cheers
Title: Re: Best way to finance a new van
Post by: StockClean on December 23, 2011, 10:46:03 pm

This isnt helpfull. From now on im not even going to bother anymore on these forums. Its full of idiots like you who add no value at all.


Yup. There are a lot of dorks and idots on this forum but there are also a lot of decent w/c's who post interesting and helpfull stuff.

It's quiet involved as to the best way to lease or finance a new van and there's 3 main methods. It's best to go to a main dealer and ask so as you can understand which is which and which is best for you, and then hunt around for the best deal.

Usually, you can get the van paneled out and dry lined, added to the cost of course, but it increases the resale value.

The other thing about leasing is they will allow a set amount of miles - 12 000, 20 000, etc. The more annual milage, the more you pay. If you go over the annual milage it's about 90p a mile extra.

It's all quite involved and not as straight forwards as it may appear which is why it's best to take some time and go and ask.

Cheers

Thats the best reply i have ever seen.

my accountant is currently advising me now, thanks for your help.
Title: Re: Best way to finance a new van
Post by: deeege on December 23, 2011, 10:51:29 pm
Hard working accountant you have there. Giving you advice at 11pm on a Friday? He's a keeper!