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dazmond

  • Posts: 23968
Re: If you lease your van, how much are you paying?
« Reply #40 on: February 23, 2020, 06:28:41 pm »
price higher/work harder!

NWH

  • Posts: 16952
Re: If you lease your van, how much are you paying?
« Reply #41 on: February 23, 2020, 07:22:43 pm »
That’s a hell of a lot of money for a connect Daz

dazmond

  • Posts: 23968
Re: If you lease your van, how much are you paying?
« Reply #42 on: February 23, 2020, 07:50:46 pm »
That’s a hell of a lot of money for a connect Daz

It's nowhere near as much as a vw van though.....I love mine....plus it will still sell at a reasonable price even at 10 years old with 30k on the clock.......
price higher/work harder!

KS Cleaning

  • Posts: 3955
Re: If you lease your van, how much are you paying?
« Reply #43 on: February 23, 2020, 07:54:52 pm »
How much was that custom sport with the 7 k off and incl vat then.
Just over 30K, it’s an auto so about 1.5K more to buy than the manual version.

KS Cleaning

  • Posts: 3955
Re: If you lease your van, how much are you paying?
« Reply #44 on: February 23, 2020, 08:06:29 pm »
My last van a Transit Custom Limited 310 I bought brand new  in March 2015 for £20 000, I sold it to Webuyanycar in April 2019 for £12 750 with 22 000 miles on it. So only £7250 depreciation in 4 years!!...I suspect I have lost that already on my new one😆

nathankaye

  • Posts: 5366
Re: If you lease your van, how much are you paying?
« Reply #45 on: February 23, 2020, 09:25:34 pm »
Im late to this thread n suppose i best back read soon, but isnt it easier to shop around for a loan and then buy the van out right.  No additional fees to worry about and your on fixed repayments and the van is yours from day 1?
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Shrek

  • Posts: 3931
Re: If you lease your van, how much are you paying?
« Reply #46 on: February 24, 2020, 09:01:52 am »
Iv read somewhere that it’s best to lease something that depreciates and own something the increases in value!

[GQC] Tim

  • Posts: 4536
Re: If you lease your van, how much are you paying?
« Reply #47 on: February 24, 2020, 12:25:28 pm »
Do you guys really take out the entire system every 3 years or so? If it's just strapped in I can understand. But mine's a grippamax and bit of a faff.

NWH

  • Posts: 16952
Re: If you lease your van, how much are you paying?
« Reply #48 on: February 24, 2020, 05:02:10 pm »
Bit of a faf,my thoughts exactly.

dazmond

  • Posts: 23968
Re: If you lease your van, how much are you paying?
« Reply #49 on: February 24, 2020, 05:29:35 pm »
Do you guys really take out the entire system every 3 years or so? If it's just strapped in I can understand. But mine's a grippamax and bit of a faff.

its doable though......more of a faff id expect if you have a diesel hot water system fitted.
price higher/work harder!

rb4no

  • Posts: 229
Re: If you lease your van, how much are you paying?
« Reply #50 on: February 24, 2020, 05:42:59 pm »
Hi everyone, I don't want to hijack the thread but how do lease companies deal with bolting water tanks to the floors of they're vans? Are there companies that don't have a problem with this etc?  cheers.

dazmond

  • Posts: 23968
Re: If you lease your van, how much are you paying?
« Reply #51 on: February 24, 2020, 05:56:26 pm »
Hi everyone, I don't want to hijack the thread but how do lease companies deal with bolting water tanks to the floors of they're vans? Are there companies that don't have a problem with this etc?  cheers.

you dont need to tell them...they dont care what you do to the vehicle....all you have to do at the end of the lease is put rubber bungs in the drilled holes in the floor and hand it back or use rachet straps through the eyelets.
price higher/work harder!

NWH

  • Posts: 16952
Re: If you lease your van, how much are you paying?
« Reply #52 on: February 24, 2020, 06:02:08 pm »
Yes they do some companies have restrictions on what you can do to the van.

deeege

  • Posts: 5008
Re: If you lease your van, how much are you paying?
« Reply #53 on: February 24, 2020, 06:54:22 pm »
From experience they look over the outside of the van very closely looking for damage and barely even look at the inside of the van. I just replace the ply lining which covers the drilled holes.

They literally just have a very quick look inside the rear.
"....and it's lend me ten pounds, I'll buy you a drink, and mother wake me early in the morning."

RPCCS

  • Posts: 973
Re: If you lease your van, how much are you paying?
« Reply #54 on: February 24, 2020, 08:11:39 pm »
Im late to this thread n suppose i best back read soon, but isnt it easier to shop around for a loan and then buy the van out right.  No additional fees to worry about and your on fixed repayments and the van is yours from day 1?
I have always done that in the past, but if the vehicle is just bought on a loan, then if there is a major problem with it, you can’t get a  finance company involved to settle any dispute with the dealer. This I found  out to my expense 2 years ago when I bought my last van. So this time I am buying on finance hp with a remainder of manufacturer’s warranty., I haven’t ,finished the loan on the other van yet, but will be receiving a small inheritance later this year, so  will pay everything  off in full once it comes through.
As for leasing, I was going to go this route but was put off by others who said the same as an earlier poster did, if you cease trading or can’t work, you  can return the vehicle, but still have to make the payments for the remaining duration of the contract term, or pay the balance off  in full. 
Cheers Rich

KS Cleaning

  • Posts: 3955
Re: If you lease your van, how much are you paying?
« Reply #55 on: February 24, 2020, 09:54:23 pm »
Im late to this thread n suppose i best back read soon, but isnt it easier to shop around for a loan and then buy the van out right.  No additional fees to worry about and your on fixed repayments and the van is yours from day 1?
I have always done that in the past, but if the vehicle is just bought on a loan, then if there is a major problem with it, you can’t get a  finance company involved to settle any dispute with the dealer. This I found  out to my expense 2 years ago when I bought my last van. So this time I am buying on finance hp with a remainder of manufacturer’s warranty., I haven’t ,finished the loan on the other van yet, but will be receiving a small inheritance later this year, so  will pay everything  off in full once it comes through.
As for leasing, I was going to go this route but was put off by others who said the same as an earlier poster did, if you cease trading or can’t work, you  can return the vehicle, but still have to make the payments for the remaining duration of the contract term, or pay the balance off  in full.
If you are buying a used van on H.P be very watchful of the interest rate. You are probably looking at around 10% which is a total rip off when interest rates are so low. A personal loan in comparison would be around 3%. As for any major problems, that would be covered by the remaining manufacturers warranty ( as long as the van has a FSH )

RPCCS

  • Posts: 973
Re: If you lease your van, how much are you paying?
« Reply #56 on: February 24, 2020, 10:50:46 pm »
Getting it for 8%. Personal loan cheaper yes, but takes longer to sort.  Having said that I may enquire with current lender what the chances would be of getting a replacement loan.
Cheers Rich

RPCCS

  • Posts: 973
Re: If you lease your van, how much are you paying? New
« Reply #57 on: February 24, 2020, 11:18:22 pm »
Im late to this thread n suppose i best back read soon, but isnt it easier to shop around for a loan and then buy the van out right.  No additional fees to worry about and your on fixed repayments and the van is yours from day 1?
I have always done that in the past, but if the vehicle is just bought on a loan, then if there is a major problem with it, you can’t get a  finance company involved to settle any dispute with the dealer. This I found  out to my expense 2 years ago when I bought my last van. So this time I am buying on finance hp with a remainder of manufacturer’s warranty., I haven’t ,finished the loan on the other van yet, but will be receiving a small inheritance later this year, so  will pay everything  off in full once it comes through.
As for leasing, I was going to go this route but was put off by others who said the same as an earlier poster did, if you cease trading or can’t work, you  can return the vehicle, but still have to make the payments for the remaining duration of the contract term, or pay the balance off  in full.
If you are buying a used van on H.P be very watchful of the interest rate. You are probably looking at around 10% which is a total rip off when interest rates are so low. A personal loan in comparison would be around 3%. As for any major problems, that would be covered by the remaining manufacturers warranty ( as long as the van has a FSH )
KS Good call, I just looked into getting a loan to pay off existing one and pay for new van, over 5 years its only 23 quid a month more than the finance payment alone.No brainer.
Cheers Rich