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Scrimble

  • Posts: 2047
Re: Van trouble
« Reply #20 on: April 13, 2017, 09:21:37 am »
get rid of it and buy a brand new van with a warranty

dont waste time and money and dont rent a van or lease, put down as big a deposit as you can and pay the rest off quickly to pay as little interest as possible

Marc Stock

Re: Van trouble
« Reply #21 on: April 13, 2017, 09:36:01 am »
get rid of it and buy a brand new van with a warranty

dont waste time and money and dont rent a van or lease, put down as big a deposit as you can and pay the rest off quickly to pay as little interest as possible

Leasing can be more tax efficient. As 100% of all the payments are deductible with no need to calculate depreciation 

Michael Peterson

  • Posts: 1741
Re: Van trouble
« Reply #22 on: April 13, 2017, 10:44:36 am »
whatever you do mat , i hope today is a nicer day for you than yesterday

jonboywalton75

  • Posts: 2222
Re: Van trouble
« Reply #23 on: April 13, 2017, 11:38:17 am »
if you are going to sell it and buy another one i also have the new shape connect LWB  L2 and its perfect for a sole trader(500L tank and room for poles without having to cut into the bulkhead)936kg payload.

im leasing brand new vans from now on(changing them every 5 years).im sick to death of messing around with old vans.

500L perfect for YOU Daz😃
I am a sole trader, I have 650 L and use over 500 regularly
Filling up at  customers is not for me either!!!

jonboywalton75

  • Posts: 2222
Re: Van trouble
« Reply #24 on: April 13, 2017, 11:43:15 am »
With 650L tank, I lease custom SWB,  1080 payload
Just windows for me, no pressure washing etc.
PERFECT


Foe ME!!!!!  ;D

֍Winp®oClean֍

  • Posts: 1688
Re: Van trouble
« Reply #25 on: April 13, 2017, 12:50:47 pm »
Or just buy a warranty from warrantydirect- your turbo and all the damage it's failure caused would have been fully covered. I had a gearbox replaced without question when I lost 5th gear on my 1.6 dispatch.
Comfortably Numb!

Scrimble

  • Posts: 2047
Re: Van trouble
« Reply #26 on: April 13, 2017, 04:00:47 pm »
get rid of it and buy a brand new van with a warranty

dont waste time and money and dont rent a van or lease, put down as big a deposit as you can and pay the rest off quickly to pay as little interest as possible

Leasing can be more tax efficient. As 100% of all the payments are deductible with no need to calculate depreciation

but you never own the van its just a rental,

pikeman

  • Posts: 457
Re: Van trouble
« Reply #27 on: April 13, 2017, 04:07:45 pm »
Tempted to go down the new van route but needs to carry 2 passengers as I don't have another vehicle.  Been talking to the mechanic nd apparantly you can't just put any  old in the hdi engine. I have topped it up with  any oil. Only did it once but perhaps that's the cause. 

dd

  • Posts: 2568
Re: Van trouble
« Reply #28 on: April 13, 2017, 06:51:05 pm »
Surprised you need to top up the oil. I have an 11 year old 2.0hdi dispatch, owned from new, done 98k and never had to top oil up between services.

Never had any problems with it so far, but it is the previous model to yours.

pikeman

  • Posts: 457
Re: Van trouble
« Reply #29 on: April 13, 2017, 07:39:14 pm »
Took for a service every year first couple to the main dealer. then just the local garage.  beginning to wonder if maybe the wrong oil has been put in over the last few years according to the mechanic whose looking at it now the right oil is critical for the hdi. The more at look at new vans the more im tempted to go for it. the transit custom looks good.

Marc Stock

Re: Van trouble
« Reply #30 on: April 13, 2017, 09:20:58 pm »
get rid of it and buy a brand new van with a warranty

dont waste time and money and dont rent a van or lease, put down as big a deposit as you can and pay the rest off quickly to pay as little interest as possible

Leasing can be more tax efficient. As 100% of all the payments are deductible with no need to calculate depreciation

but you never own the van its just a rental,

Yes.... ::)roll..That's the point and why it's more tax efficient.

pikeman

  • Posts: 457
Re: Van trouble
« Reply #31 on: April 13, 2017, 10:54:02 pm »
Think ill take a look at the leasing option. Even though im paying 300 pounds a week for the hire van now. Ican see the attraction none of the expenses of owning a van and im sure I could lease a van for less than that. Food for thought.

KS Cleaning

  • Posts: 3955
Re: Van trouble
« Reply #32 on: April 13, 2017, 11:08:47 pm »
get rid of it and buy a brand new van with a warranty

dont waste time and money and dont rent a van or lease, put down as big a deposit as you can and pay the rest off quickly to pay as little interest as possible

Leasing can be more tax efficient. As 100% of all the payments are deductible with no need to calculate depreciation

but you never own the van its just a rental,

Yes.... ::)roll..That's the point and why it's more tax efficient.
The most cost effective way to have a new van is as Scrimble has suggested, if you shop around you could get an interest rate of under 3% on a loan. e,g if you were to put down a healthy deposit and get a loan of 10K, over 3 years you will only pay around £425 in interest, pay it over 2 years and you will pay under £300 in interest.  Leasing may very well be more tax efficient but it doesn't detract from the fact that you will pay way over the odds for a van that isn't yours.

pikeman

  • Posts: 457
Re: Van trouble
« Reply #33 on: April 13, 2017, 11:24:47 pm »
I think depeciation is in leasings favour.  In my case paid 14000 in 2009 for the van probably worthless until I get the turbo sorted and then only worth about 3000. Plus all the expenses along the way.  It's a hard call really.

KS Cleaning

  • Posts: 3955
Re: Van trouble
« Reply #34 on: April 13, 2017, 11:31:24 pm »
I think depeciation is in leasings favour.  In my case paid 14000 in 2009 for the van probably worthless until I get the turbo sorted and then only worth about 3000. Plus all the expenses along the way.  It's a hard call really.
With a new van there will be a warranty so  there shouldn't be a lot of expenses. Yes you will have depreciation but you will also have an asset.

pikeman

  • Posts: 457
Re: Van trouble
« Reply #35 on: April 14, 2017, 07:24:58 am »
Just been looking at loans. I'm with lloyds If I put 10000 to a new van and borrow 10000 it would cost me about 42 pounds a week not too bad really. I f I leased a van is it insured by them or do I have that cost?

KS Cleaning

  • Posts: 3955
Re: Van trouble
« Reply #36 on: April 14, 2017, 09:08:57 am »
Irrespective of how you buy a van it is down to you to insure it. Because you bank with Lloyds doesn't mean you have to get a loan through them, you could get a loan through someone else and set up the direct debit at Lloyds, Sainsburys do loans from 2.8%, also pay back any loan in the shortest time possible as this way you pay less interest so in effect you are paying less for the van.

dazmond

  • Posts: 23968
Re: Van trouble
« Reply #37 on: April 14, 2017, 09:21:18 am »
It costs me just over £200 (including VAT) a month to lease my van.

Only upfront cost was 3 months rental which they didn't take out until 3 weeks after delivering the van!☺

Im with vanarama and found them very quick and professional.from the first initial contact it took less than 3 weeks to deliver me a brand new van.excellent service.top marks from me.
price higher/work harder!

dazmond

  • Posts: 23968
Re: Van trouble
« Reply #38 on: April 14, 2017, 09:27:29 am »
You insure your van (I also took out GAP insurance too just in case the worst happens).12 months free road  tax though and they tax it every year and send u the bill.
price higher/work harder!

֍Winp®oClean֍

  • Posts: 1688
Re: Van trouble
« Reply #39 on: April 14, 2017, 09:33:50 am »
It costs me just over £200 (including VAT) a month to lease my van.

Only upfront cost was 3 months rental which they didn't take out until 3 weeks after delivering the van!☺

Im with vanarama and found them very quick and professional.from the first initial contact it took less than 3 weeks to deliver me a brand new van.excellent service.top marks from me.

But in the end you will pay over 20k for the modern equivalent of an escort van!! ;D
Comfortably Numb!